The Company announces that it was notified on 3 October 2022 that Ben Turney (CEO) and Brett Grist (COO), Directors / Persons Discharging Managerial Responsibility (‘PDMRs’) have each purchased in the region of £15,000 worth of the Company’s Ordinary Shares of £0.001 each (“Ordinary Shares”).
The information below, set out in accordance with the requirements of the UK Market Abuse Regulation, provides further detail on the transactions.
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1
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Details of PDMR / person closely associated with them
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a)
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Name
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Ben Turney
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2
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Reason for the notification
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a)
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Position/status
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Chief Executive Officer |
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b)
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Initial notification /Amendment
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Initial Notification |
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3
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Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
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a)
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Name
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Kavango Resources PLC |
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b)
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LEI
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2138007PZJFATXWUTS29 |
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4
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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
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a)
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Description of the financial instrument, type of instrument |
Ordinary shares of £0.001 each |
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Identification code |
ISIN: GB00BF0VMV24 |
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b)
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Nature of the transaction
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Acquisition of shares via nominee dealing account. |
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c)
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Price(s) and volume(s) |
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Price(s) GBPX |
Volume(s) |
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1.70 1.70 1.6349 |
20,245 150,000 750,000 |
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d)
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Aggregated information -Aggregated Volume -Price
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920,245 1.65 |
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e)
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Date of the transaction
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3 October 2022 |
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f)
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Place of the transaction
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London Stock Exchange (XLON) |
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1
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Details of PDMR / person closely associated with them
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a)
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Name
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Brett Grist |
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2
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Reason for the notification
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a)
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Position/status
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Chief Operating Officer |
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b)
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Initial notification /Amendment
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Initial Notification |
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3
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Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
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a)
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Name
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Kavango Resources PLC |
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b)
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LEI
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2138007PZJFATXWUTS29 |
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4
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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
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a)
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Description of the financial instrument, type of instrument |
Ordinary shares of £0.001 each |
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Identification code |
ISIN: GB00BF0VMV24 |
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b)
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Nature of the transaction
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Acquisition of shares via nominee dealing account. |
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c)
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Price(s) and volume(s) |
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Price(s) GBPX |
Volume(s) |
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1.63 |
920,245 |
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d)
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Aggregated information -Aggregated Volume -Price
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n/a – single transaction |
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e)
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Date of the transaction
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3 October 2022 |
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f)
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Place of the transaction
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London Stock Exchange (XLON) |
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