TIDMCRCL

RNS Number : 2287H

Corcel PLC

05 April 2022

Corcel PLC

("Corcel" or the "Company")

Placing and Directors' Dealings

05 April 2022

Corcel, the natural resource exploration and development company with interests in battery metals and flexible energy generation and storage, announces a placing of GBP35,000 to Company Directors.

Placing and Directors' Dealings

The Company announces that three Company Directors have subscribed for GBP35,000 of equity (the "Placing") as previously announced on 16 March 2022 at a price of GBP0.01525, the closing price of 4 April 2022, resulting in the issuance of 2,295,080 new ordinary shares (the "Placing Shares").

Following the Placing, the resultant Directors' shareholdings are as follows:

 
 
 Directors           Ordinary Shares         Total Shares   % of Issued      Warrants    Options 
                                                             Share Capital 
                     Direct      Indirect 
                    ----------  ----------  -------------  ---------------  ----------  ---------- 
 James Parsons       4,073,379   2,143,100   6,216,479      1.41%            2,381,250   9,587,764 
                    ----------  ----------  -------------  ---------------  ----------  ---------- 
 Scott Kaintz        3,554,550   1,754,275   5,308,825      1.21%            2,185,417   9,711,964 
                    ----------  ----------  -------------  ---------------  ----------  ---------- 
 Henry Bellingham    327,868     0           327,868        0.07%            0           2,805,942 
                    ----------  ----------  -------------  ---------------  ----------  ---------- 
 

Admission to Trading on AIM and Total Voting Rights

Application is being made to AIM for 2,295,080 shares to be admitted to trading on AIM, the admission of which it is expected on or around 11 April 2022.

In accordance with the provision of the Disclosure Guidance and Transparency Rules of the Financial Conduct Authority, the Company confirms that, following the issue of the Placing Shares its issued ordinary share capital will comprise 439,981,746 ordinary shares.

All of the ordinary shares have equal voting rights and none of the ordinary shares are held in Treasury. The total number of voting rights in the Company will therefore be 439,981,746. The above figure may be used by shareholders as the denominator for the calculations to determine if they are required to notify their interests in, or change to their interest in, the Company.

Scott Kaintz 020 7747 9960 Corcel Plc CEO

   James Joyce / Andrew de Andrade   0207 220 1666                       WH Ireland Ltd NOMAD & Broker 

Simon Woods 0207 3900 230 Vigo Consulting IR

This announcement contains inside information for the purposes of Article 7 of Regulation 2014/596/EU, which is part of domestic UK law pursuant to the Market Abuse (Amendment) (EU Exit) regulations (SI 2019/310) and is disclosed in accordance with the Company's obligations under Article 17.

 
 1            Details of the person discharging managerial responsibilities 
               / person closely associated 
 a)           Name                                    1.James Parsons 
                                                       2. Scott Kaintz 
                                                       3. Henry Bellingham 
             --------------------------------------  ---------------------------------------- 
 2            Reason for the notification 
             -------------------------------------------------------------------------------- 
 a)           Position/status                         1.PDMR (Executive Chairman) 
                                                       2. PDMR (Chief Executive Officer) 
                                                       3. PDMR (Non-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                                      Corcel plc 
      ----------------------------------------  ----------------------------------------- 
 b)    LEI                                       2138009ECXQQ3EGKVY57 
      ----------------------------------------  ----------------------------------------- 
 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              Ordinary shares of GBP0.0001 
        instrument, type of instrument            each 
      ----------------------------------------  ----------------------------------------- 
       Identification code                       GB00BKM69866 
      ----------------------------------------  ----------------------------------------- 
 b)    Nature of the transaction                 Purchase of ordinary shares 
      ----------------------------------------  ----------------------------------------- 
 c)    Price(s) and volumes(s)                   Price(s)               Volume(s) 
      ----------------------------------------  ---------------------  ------------------ 
                                                 1.GBP0.01525           983,606 
     2. GBP0.01525                                                       983,606 
     3. GBP0.01525                                                       327,868 
   ---------------------                                               ------------------ 
 d)    Aggregated information                    N/A 
      ----------------------------------------  ----------------------------------------- 
  Aggregated volume                         N/A 
 ----------------------------------------  ---------------------------------------------- 
  Price                                     GBP0.01525 
 ----------------------------------------  ---------------------------------------------- 
 e)    Date of the transaction                   4 April 2022 
      ----------------------------------------  ----------------------------------------- 
 f)    Place of the transaction                  AIMX 
      ----------------------------------------  ----------------------------------------- 
 
 

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END

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