27th Mar 2025 09:34
27 March 2025
ACG METALS LIMITED
("ACG" or the "Company")
Notification of dealings by a Director/PDMR
The Company has been notified that on 21 March 2025 certain Directors of the Company or their connected parties have been issued with Class A Ordinary Shares in the capital of the Company ("Shares") as a result of a mandatory exchange of certain warrants held by those directors following a tender offer conducted by the Company. Details of this issuance are as follows:
PDMR/Director | Date of Issuance | Number of Class A Ordinary Shares issued | Total Shares held prior | Total Shares held post-transaction | Purchase price (USD) |
Patrick Henze | 21 March 2025 | 15,630 | 247,868 | 263,498 | 5.00 |
Artem Volynets | 21 March 2025 | 89,548 | 472,731 | 562,279 | 5.00 |
The below notifications are made in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation No 596/2014.
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name | Patrick Henze | ||||
2 | Reason for the notification | |||||
a) | Position/status | CFO | ||||
b) | Initial notification/Amendment | Initial notification | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | ACG Metals Limited | ||||
b) | LEI | 549300NXL2KSHKJXTU29 | ||||
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 instrument
Identification code | Class A Ordinary Shares in ACG Metals Limited
ISIN: VGG0056A1030 | ||||
b) | Nature of the transaction | Mandatory exchange of Class A Ordinary Shares for warrants | ||||
c) | Price(s) and volume(s) |
| ||||
e) | Date of the transaction | 21 March 2025 (CET) | ||||
f) | Place of the transaction | Outside a trading venue | ||||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name | Artem Volynets | ||||
2 | Reason for the notification | |||||
a) | Position/status | CEO | ||||
b) | Initial notification/Amendment | Amendment to prior notifications. The incorrect number of shares inserted, increasing from 66,549 to 78,590 | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | ACG Metals Limited | ||||
b) | LEI | 549300NXL2KSHKJXTU29 | ||||
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 instrument
Identification code | Class A Ordinary Shares in ACG Metals Limited
ISIN: VGG0056A1030 | ||||
b) | Nature of the transaction | Mandatory exchange of Class A Ordinary Shares for warrants | ||||
c) | Price(s) and volume(s) |
| ||||
e) | Date of the transaction | 21 March 2025 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name | Artem Volynets (ACG Advisory Ltd) | ||||
2 | Reason for the notification | |||||
a) | Position/status | Chairman/CEO - Closely associated with Artem Volynets | ||||
b) | Initial notification/Amendment | Initial notification | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | ACG Metals Limited | ||||
b) | LEI | 549300NXL2KSHKJXTU29 | ||||
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 instrument
Identification code | Class A Ordinary Shares in ACG Metals Limited
ISIN: VGG0056A1030 | ||||
b) | Nature of the transaction | Mandatory exchange of Class A Ordinary Shares for warrants | ||||
c) | Price(s) and volume(s) |
| ||||
e) | Date of the transaction | 21 March 2025 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
- ENDS -
The person responsible for the release of this information on behalf of the Company is Artem Volynets, Chief Executive Officer.
For further information please contact:
Palatine [email protected]
Communications Advisor
Conal Walsh / James Gilheany/ Kelsey Traynor/ Richard Seed
About the Company
ACG Metals is a company with a vision to consolidate the copper industry through a series of roll-up acquisitions, with best-in-class ESG and carbon footprint characteristics.
In September 2024, ACG successfully completed the acquisition of the Gediktepe Mine, an operating open pit mine in Türkiye currently producing 34 koz of gold and 361 koz of silver. Gediktepe is expected to transition to primary copper and zinc production from 2026 and will target annual steady-state copper equivalent production of 20-25 kt.
ACG's team has extensive M&A experience built through decades spent at blue-chip multinationals in the sector. The team brings a significant network as well as a commitment to ESG principles and strong corporate governance.
For more information about ACG, please visit: https://acgmetals.com/
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