Director/PDMR Shareholding
Altona Rare Earths PLC announced that its CFO, Louise Adrian, transferred 2,601,975 ordinary shares at £0.03 per share into her self-invested personal pension account on March 30 and 31, 2026. This transaction involved a sale and immediate repurchase of shares, resulting in her beneficial holding remaining at 9,913,794 shares, which represents 2.31 percent of the company's issued share capital.
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Altona (LSE: REE), a resource exploration and development company focused on critical raw materials in Africa, announces that it was notified on 30 and 31 March 2026, the Company's CFO, Louise Adrian, transferred a total of 2,601,975 ordinary shares of 1 pence each in the Company ("Shares") held by her into a self-invested personal pension account ("SIPP") in her name at a price of £0.03 per Share.
The SIPP transfer was effected by the sale and immediate repurchase of the Shares. Following the SIPP transfer, Louise Adrian's beneficial holding of Shares is 9,913,794 Shares, representing 2.31 per cent. of the Company's issued share capital.
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Altona Rare Earths Plc
Cédric Simonet, CEO +44 (0) 7778 866 108 (cs@altonare.com)
Louise Adrian, CFO +44 (0) 7721 492 922 (la@altonare.com)
Strand Hanson Limited (Financial Adviser) +44 (0) 20 7409 3494
Christopher Raggett
Imogen Ellis
Zeus Capital (Corporate Broker) +44 (0) 20 3829 5000
Simon Johnson
James Hornigold
Notification and public disclosure of transaction by person discharging managerial responsibilities
| 1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
| a. | Name | Louise Adrian | ||||
| 2 | Reason for notification | |||||
| a. | Position/Status | Director | ||||
| b. | Initial notification/ Amendment | Initial notification | ||||
| a. | Name | Altona Rare Earths Plc | ||||
| b. | LEI | 2138002A5GU9BFS2I491 | ||||
| a. | Description of the financial instrument, type of instrument Identification Code | Ordinary shares of £0.01 ISIN Code: GB00BFZNKV91 | ||||
| b. | Nature of the transaction | Transfer effected by the sale and immediate repurchase of Shares with no change in beneficial ownership. | ||||
| c. | Price(s) and volume(s) |
(sale) £0.031 543,646 (purchase) £0.029 2,069,018 (sale) £0.029 2,058,329 (purchase) | ||||
| d. | Aggregated information - Aggregated Volume - Price |
(sale) £0.03 2,601,975 (purchase) £0.03 14,744 (net) | ||||
| f. | Place of the transaction | London Stock Exchange |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.