First Tin PLC Director/PDMR dealing (0158Z)
January 09 2024 - 2:00AM
UK Regulatory
TIDM1SN
RNS Number : 0158Z
First Tin PLC
09 January 2024
09 January 2024
First Tin Plc
("First Tin" or "the Company")
Director/PDMR dealing
First Tin PLC, a tin development company with advanced, low
capex projects in Germany and Australia, announces that it has been
notified that Mr. William (Bill) Scotting, Chief Executive Officer
at the Company, has purchased 200,000 shares in First Tin at a
price of GBP 4.54 pence per share on Monday 8 January 2024.
Following this transaction, William (Bill) Scotting holds a
beneficial interest in 200,000 Ordinary Shares representing 0.075
per cent of the Company's issued share capital.
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: William (Bill) Scotting
--------------------------------------------------- -------------------------------------------------------------
2. Reason for the notification
------------------------------------------------------------------------------------------------------------------
a) Position/status: Chief Executive Officer
--------------------------------------------------- -------------------------------------------------------------
b) Initial notification/Amendment: Initial notification
-------------------------------------------------------------
3. Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
------------------------------------------------------------------------------------------------------------------
a) Name: First Tin PLC
--------------------------------------------------- -------------------------------------------------------------
b) LEI: LEI: 984500CSA7TBE3FB7C63
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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 Ordinary shares of 0.1 pence each
instrument:
Identification code: GB00BNR45554
--------------------------------------------------- -------------------------------------------------------------
b) Nature of the transaction: Purchase of Ordinary Shares
--------------------------------------------------- -------------------------------------------------------------
c) Price(s) and volume(s): Price(s) Volume(s)
GBP 4.54 pence 200,000
-------------------------------------------------------------
d) Aggregated information: Single transaction as in 4 c) abovePrice(s) Volume(s)
Aggregated volume: GBP 4.54 pence 200,000
Price:
-------------------------------------------------------------
e) Date of the transaction: 08.01.2024
--------------------------------------------------- -------------------------------------------------------------
f) Place of the transaction: London Stock Exchange, Main Market
Enquiries:
First Tin
William (Bill) Scotting - Via SEC Newgate below
Chief Executive Officer
Arlington Group Asset Management
Limited (Financial Advisor
and Joint Broker)
Simon Catt 020 7389 5016
WH Ireland Limited (Joint
Broker)
Harry Ansell 020 7220 1670
SEC Newgate (Financial Communications)
Elisabeth Cowell / Molly FirstTin@secnewgate.co.uk
Gretton
Notes to Editors
First Tin is an ethical, reliable, and sustainable tin
production company led by a team of renowned tin specialists. The
Company is focused on becoming a tin supplier in conflict-free, low
political risk jurisdictions through the rapid development of high
value, low capex tin assets in Germany and Australia.
Tin is a critical metal, vital in any plan to decarbonise and
electrify the world, yet Europe has very little supply. Rising
demand, together with shortages, is expected to lead tin to
experience sustained deficit markets for the foreseeable
future.
First Tin's assets have been de-risked significantly, with
extensive work undertaken to date. The Company's goal is to use
best-in-class environmental standards to bring two tin mines into
production in three years, providing provenance of supply to
support the current global clean energy and technological
revolutions.
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END
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