Director/PDMR Shareholding
Atlantic Lithium Limited announced the issuance of 217,720 New Ordinary Shares to Chief Executive Officer Keith Muller upon the exercise of performance rights, increasing his total holding to 982,937 ordinary shares, representing 0.13% of the issued share capital. The company's total issued ordinary shares now stand at 748,743,322, with admission of the new shares to AIM expected around December 16, 2025.
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The Board of Atlantic Lithium Limited (AIM: ALL, ASX: A11, GSE: ALLGH, "Atlantic Lithium" or the "Company"), the Africa-focused lithium exploration and development company targeting the delivery of Ghana's first lithium mine, wishes to advise that it has issued 217,720 New Ordinary Shares in the Company to Chief Executive Officer Keith Muller, a Director and person discharging managerial responsibilities ("PDMR") of the Company, following the exercise of Performance Rights, which were granted on 28 December 2023 under the Atlantic Lithium Limited Rights Plan and vested on 21 November 2025.
Following the issue of the New Ordinary Shares, Keith Muller now holds a total of 982,937 ordinary shares, representing 0.13% of the issued share capital of the Company.
Application has been made to the London Stock Exchange for the New Ordinary Shares to be admitted to trading on AIM ("Admission"), with Admission expected to take place on or around 16 December 2025.
Following the issue of the New Ordinary Shares, the Company has a total of 748,743,322 ordinary shares on issue, all of which have voting rights. This may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change of their interest in, the Company.
| 1. | Details of the person discharging managerial responsibilities/person closely associated | |
| a) | Name: | Keith Muller |
| 2. | Reason for the notification | |
| a) | Position/status: | Chief Executive Officer |
| b) | Initial notification/Amendment: | Initial notification |
| a) | Name: | Atlantic Lithium Limited |
| b) | LEI: | 213800H1JY3J7BB6BN06 |
| a) | Description of the financial instrument, type of instrument: Identification code: | Ordinary Shares ISIN: AU0000237554 |
| b) | Nature of the transaction: | Exercise of performance rights |
| c) | Price(s) and volume(s): | Price(s) Volume(s) Nil 217,720 |
| d) | Aggregated information: | Issue of 217,720 fully paid Ordinary Shares upon exercise of Performance Rights, which were granted on 28 December 2023 under the Atlantic Lithium Limited Rights Plan and vested on 21 November 2025. |
| e) | Date of the transaction: | 11 December 2025 |
| f) | Place of the transaction: | ASX (A11) |
| For any further information, please contact: | ||
| Atlantic Lithium Limited | ||
| Keith Muller (Chief Executive Officer) | ||
| Amanda Harsas (Finance Director and Company Secretary) | ||
| SP Angel Corporate Finance LLP Nominated Adviser Jeff Keating Charlie Bouverat Tel: +44 (0)20 3470 0470 | Yellow Jersey PR Limited Charles Goodwin Bessie Elliot atlantic@yellowjerseypr.com Tel: +44 (0)20 3004 9512 | Canaccord Genuity Limited Financial Adviser: Raj Khatri (UK) / Duncan St John, Christian Calabrese (Australia) Corporate Broking: James Asensio Tel: +44 (0) 20 7523 4500 |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.