Last checked at 20 Jun 2022 07:00
20 June 2022
Neometals Ltd
("Neometals" or "the Company")
Director / PDMR Shareholding
Innovative project development company, Neometals Ltd (ASX: NMT) ("Neometals" or "the Company"), advises that it has been notified that certain Directors and Persons Discharging Managerial Responsibility ('PDMRs') of the Company have acquired Ordinary Shares on the market:
Director | Position | New Ordinary Shares Acquired | Shareholding Following Admission | % Shareholding Following Admission |
Jason Carone | Company Secretary & CFO | 30,000 | 515,000 | 0.09% |
Rachel Rees | Company Secretary & CFO (whilst Mr Carone on long service leave) | 5,000 | 5,000 | 0.00% |
Les Guthrie | Non-Executive Director | 15,000 | 220,267 | 0.04% |
Douglas Ritchie | Non-Executive Director | 25,000 | 209,819 | 0.04% |
Authorised on behalf of Neometals by Rachel Rees, Company Secretary
ENDS
For more information, please contact:
Neometals Ltd | |
Chris Reed, Managing Director & Chief Executive Officer | +61 8 9322 1182 |
Jeremy McManus, General Manager - Commercial & Investor Relations | +61 8 9322 1182 |
Cenkos Securities plc - NOMAD & Broker | |
Neil McDonald | +44 (0)131 220 9771 |
Peter Lynch | +44 (0)131 220 9772 |
Adam Rae | +44 (0)131 220 9778 |
Camarco PR | + 44(0) 20 3 757 4980 |
Gordon Poole | |
James Crothers | |
Charlotte Hollinshead |
About Neometals
Neometals' focus is the continuous development and innovative commercialisation of our proprietary technologies to achieve our Purpose in collaboration with strong global partners.
Neometals believes that the demand for environmentally and ethically sourced battery materials will continue to grow with energy storage being the key enabler for the energy transition. Decarbonisation, sustainability and resilient supply chains are the key challenges for the energy storage and electric vehicle supply chain. Our technologies, particularly those in battery materials recycling and recovery, reduce reliance on traditional mining and processing, and support circular economic principles.
Neometals has three core battery materials businesses commercialising proprietary, low-cost, low-carbon process technologies:
· Lithium-ion Battery Recycling (50% equity)- to produce nickel, cobalt and lithium from production scrap and end-of-life lithium-ion batteries in an incorporated JV with leading global plant builder SMS group. The Primobius JV will soon commence operation of a 10tpd operation in Germany and has been selected as technology partner by Mercedes Benz. Investment decision for its first 50tpd operation with Stelco in Canada is expected SepQ 2022;
· Vanadium Recovery (earning 50% equity) - to produce high-purity vanadium pentoxide via processing of steelmaking by-product ("Slag"). Finalising evaluation studies on a 300,000tpa operation in Pori, Finland and potential joint venture with Critical Metals, underpinned by a 2Mt, 10-year Slag supply agreement with leading Scandinavian steelmaker SSAB. Investment decision expected end Dec 2022. MOU with H2Green Steel for up to 4Mt of Slag underpins a potential second, operation in Boden, Sweden; and
· Lithium Chemicals (earning 35% equity)- to produce lithium hydroxide from brine and/or hard rock feedstocks using our ELi® electrolysis process. Co-funding pilot plant and evaluation studies on a 25,000tpa operation in Estrarreja, Portugal towards a potential JV with technology co-owner Mineral Resources Ltd and Portugal's largest chemical producer Bondalti Chemicals S.A. Investment decision expected Dec 2023.
For further information visit www.neometals.com.au.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them:
1. | Details of the person discharging managerial responsibilities / person closely associated | |
a) | Name | Jason Carone
|
2. | Reason for the Notification | |
a) | Position/status | CFO & Company Secretary
|
b) | Initial notification/amendment | Initial notification
|
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a) | Name | Neometals Ltd
|
b) | LEI | 254900WO0PDVL8V1PY78 |
4. | Details of the transaction(s):section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv)each place where transactions have been conducted | |
a) | Description of the Financial instrument, type of instrument | Ordinary shares of no par value |
Identification code | AU000000NMT1 | |
b) | Nature of the Transaction | Purchase of ordinary shares
|
c) | Price(s) and volume(s) | 30,000 Ordinary Shares at A$0.96 per share
|
d) | Aggregated information Aggregated volume Price | A$28,700.01 |
e) | Date of the transaction | 17 June 2022
|
f) | Place of the transaction | Australian Stock Exchange, ASX
|
1. | Details of the person discharging managerial responsibilities / person closely associated | |
a) | Name | Rachel Rees
|
2. | Reason for the Notification | |
a) | Position/status | CFO & Company Secretary (temporary)
|
b) | Initial notification/amendment | Initial notification
|
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a) | Name | Neometals Ltd
|
b) | LEI | 254900WO0PDVL8V1PY78 |
4. | Details of the transaction(s):section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv)each place where transactions have been conducted | |
a) | Description of the Financial instrument, type of instrument | Ordinary shares of no par value |
Identification code | AU000000NMT1 | |
b) | Nature of the Transaction | Purchase of ordinary shares
|
c) | Price(s) and volume(s) | 5,000 Ordinary Shares at A$0.96 per share
|
d) | Aggregated information Aggregated volume Price | A$4,800.00 |
e) | Date of the transaction | 17 June 2022
|
f) | Place of the transaction | Australian Stock Exchange, ASX
|
1. | Details of the person discharging managerial responsibilities / person closely associated | |
a) | Name | Les Guthrie
|
2. | Reason for the Notification | |
a) | Position/status | Non-Executive Director
|
b) | Initial notification/amendment | Initial notification
|
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a) | Name | Neometals Ltd
|
b) | LEI | 254900WO0PDVL8V1PY78 |
4. | Details of the transaction(s):section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv)each place where transactions have been conducted | |
a) | Description of the Financial instrument, type of instrument | Ordinary shares of no par value |
Identification code | AU000000NMT1 | |
b) | Nature of the Transaction | Purchase of ordinary shares
|
c) | Price(s) and volume(s) | 15,000 Ordinary Shares at A$1.01 per share
|
d) | Aggregated information Aggregated volume Price | A$15,224.96 |
e) | Date of the transaction | 16 June 2022
|
f) | Place of the transaction | Australian Stock Exchange, ASX
|
1. | Details of the person discharging managerial responsibilities / person closely associated | |
a) | Name | Douglas Ritchie
|
2. | Reason for the Notification | |
a) | Position/status | Non-Executive Director
|
b) | Initial notification/amendment | Initial notification
|
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a) | Name | Neometals Ltd
|
b) | LEI | 254900WO0PDVL8V1PY78 |
4. | Details of the transaction(s):section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv)each place where transactions have been conducted | |
a) | Description of the Financial instrument, type of instrument | Ordinary shares of no par value |
Identification code | AU000000NMT1 | |
b) | Nature of the Transaction | Purchase of ordinary shares
|
c) | Price(s) and volume(s) | 25,000 Ordinary Shares at A$0.95 per share
|
d) | Aggregated information Aggregated volume Price | A$23,830.83 |
e) | Date of the transaction | 16 June 2022
|
f) | Place of the transaction | Australian Stock Exchange, ASX
|