Business
Director/PDMR Shareholding
Director/PDMR Shareholding.
About this update from Capital Metals Plc
[{"type":"text","content":"\n\nTHIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS STIPULATED UNDER THE UK VERSION OF THE MARKET ABUSE REGULATION NO 596/2014 WHICH IS PART OF ENGLISH LAW BY VIRTUE OF THE EUROPEAN (WITHDRAWAL) ACT 2018, AS AMENDED. ON PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THIS INFORMATION IS CONSIDERED TO BE IN THE PUBLIC DOMAIN.\n \n30 July 2024\n \nCapital Metals plc\n \n(\"Capital Metals\" or the \"Company\")\n \nDirector / PDMR Shareholding\n \nCapital Metals (AIM: CMET), a mineral sands company approaching mine development stage at the high-grade Eastern Minerals Project in Sri Lanka (the \"Project\"), announces that Greg Martyr, Executive Chairman, has purchased 584,773 ordinary shares of 0.2 pence each (\"Ordinary Shares\") in the Company. The full details of the market purchases are outlined below.\n \n\n\n\n\nNo. of Ordinary Shares purchased\n\n\nPrice\n\n\nDate of purchase\n\n\n\n\n299,773\n\n\n1.7459p\n\n\n30 July 2024\n\n\n\n\n285,000\n\n\n1.7000p\n\n\n23 July 2024\n\n\n\n\n \nAs a result, Mr Martyr now holds 8,167,519 Ordinary Shares representing 2.37% of the Company's issued share capital.\n \nFor further information, please visit www.capitalmetals.com or contact:\n \n\n\n\n\nCapital Metals plc\nGreg Martyr (Executive Chairman)\n\n\nVia Vigo Consulting\n\n\n\n\nVigo Consulting (Investor Relations)\nBen Simons / Peter Jacob\n\n\n+44 (0)20 7390 0234\[email protected]\n\n\n\n\nSPARK Advisory Partners (Nominated Adviser)\nNeil Baldwin / James Keeshan\n\n\n+44 (0)20 3368 3554\n\n\n\n\nTavira Financial\nJonathan Evans / Oliver Stansfield\n\n\n+44 (0)20 7100 5100\n\n\n\n\n \nAbout Capital Metals\n \nCapital Metals is a UK company listed on the London Stock Exchange (AIM: CMET). We are developing the Eastern Minerals Project in Sri Lanka, approximately 220km east of Colombo, containing industrial minerals including ilmenite, rutile, zircon, and garnet. The Project is one of the highest-grade mineral sands projects globally, with potential for further grade and resource expansion. In 2022, a third-party Preliminary Economic Assessment provided a Project NPV of US$155-235m based on existing resources, with further identified optimisation potential. We are committed to applying modern mining practices and bringing significant posit...