REG - Hamak Gold Limited - Director’s Dealings

Hamak GoldAnnouncement

Wed 12:15

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250917:nRSQ7329Za&default-theme=true

RNS Number : 7329Z  Hamak Gold Limited  17 September 2025

 

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR
INDIRECTLY IN OR INTO AUSTRALIA, CANADA, JAPAN, THE REPUBLIC OF SOUTH AFRICA,
THE UNITED STATES, ANY TERRITORY OR POSSESSION THEREOF OR ANY OTHER
JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS
OF SUCH JURISDICTION.

17 September 2025

Hamak Gold Limited

("Hamak Gold" or the "Company")

Director's Dealings

Hamak Gold Limited (LSE: HAMA) announces that, after the Board of Directors
having given approval, it has been notified on 17 September 2025 that
Executive Director Karl Smithson has transferred the following shares from a
nominee account in his personal name into his personal SIPP as follows:

 

 Number of shares sold from nominee account      Average Price per share sold (p)      Number of shares bought into SIPP     Average Price per share bought      Total beneficial holding before transfer      Total beneficial holding after to transfer

                                                                                                                             (p)
 1,083,358                                       4.43                                  836,917                               4.18                                17,016,703                                    16,769,462

As a result of the transfer costs and a provision for tax, the total new
beneficial holding of Mr. Smithson, including those held by his spouse, after
this share transfer is 16,769,462 shares, representing 3.71% of the issued
share capital of the Company.

 

For the purposes of UK MAR, the person responsible for arranging release of
this announcement on behalf of Hamak Gold is Karl Smithson, Executive
Director.

For further information you are invited to view the company's website at
www.hamakgold.com (//www.hamakgold.com)   or please contact:

 Hamak Gold Limited

 Nick Thurlow                                   n.thurlow@hamakgold.com (mailto:n.thurlow@hamakgold.com)

 Karl Smithson                                  k.smithson@hamakgold.com (mailto:k.smithson@hamakgold.com)
 Peterhouse Capital Limited (Corporate Broker)  +44 (0) 20 7469 0930

 Yellow Jersey PR

 Annabelle Wills                                +44 (0) 20 3004 9512

About Hamak Gold Limited

 

Hamak Gold Limited (LSE: HAMA) is a UK listed company focussed on gold
exploration in Africa and with a strategy of pursuing a BTC/ crypto treasury
management policy. Through its LSE main board and OTCQB listings investors
underweight crypto can get professional exposure to this asset class.

Important Notice

The Company maintains some of its treasury reserves and surplus cash in
Bitcoin, a form of cryptocurrency. The Company is not authorised or regulated
by The Financial Conduct Authority (FCA) and Bitcoin investments are generally
not subject to regulation by the FCA or otherwise in the United Kingdom.
Neither the Company nor investors in the Company's shares are protected by the
UK's Financial Ombudsman Service or the Financial Services Compensation
Scheme.

However the FCA considers Bitcoin investments to be high-risk. The value of
Bitcoin can go up as well as down, leading to fluctuations in the value of the
Company's Bitcoin holdings, and the Company may not be able to realise its
Bitcoin holdings for the same amount it paid to acquire them, or even for the
value the Company currently attributes to its Bitcoin positions.

The Company's Board of Directors have identified the following risks in
relation to the holding of Bitcoin, which are not exhaustive:

•           The value of Bitcoin can be highly volatile, with its
value falling as quickly as it rises. Investors in Bitcoin must be prepared to
lose all money invested.

•           The Bitcoin market is largely unregulated. There is a
risk of losing money due to factors such as cyber-attacks, financial crime,
and counterparty failure.

•           The Company may not be able to sell its Bitcoin at
will. The ability to sell Bitcoin depends on various factors, including the
supply and demand in the market at the relevant time. Operational failings
such as technology outages, cyber-attacks, and comingling of funds could cause
unwanted delays.

•           Cryptoassets carry a perception of fraud, money
laundering, and financial crime.

An investment in the Company is not an investment in Bitcoin itself, but
prospective investors in the Company are encouraged to conduct their own
research before investing and should be aware that they will have indirect
exposure to the high-risk nature of cryptoassets, including their volatility,
and could therefore sustain large or total losses of their investment.

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:                                                         Nicholas Karl Smithson
 2.    Reason for the notification
 a)    Position/status:                                              Executive Director
 b)    Initial notification/Amendment:                               Amendment
 3.    Details of the issuer, emission allowance market participant, auction
       platform, auctioneer or auction monitor
 a)    Name:                                                         Hamak Gold Limited
 b)    LEI:                                                          213800KTOST6JI2R2865
 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:  Ordinary shares of no par value each

Identification code:
VGG4256S1048
 b)    Nature of the transaction:                                    Transfer of Ordinary Shares to ISA Account
 c)    Price(s) and volume(s):                                       Sale of shares

Price(s)    Volume(s)
                                                                     4.43 pence  1,083,358
 d)    Aggregated information:                                       Single transaction as in 4 c) above

Aggregated volume:

                                                             Purchase of shares

Price(s)     Volume(s)

                                                             4.182 pence  836,917
       Price(s) and volumes:

 

 e)    Date of the transaction:                                      17 September 2025
 f)    Place of the transaction:                                     Main Market London Stock Exchange

b)

Nature of the transaction:

Transfer of Ordinary Shares to ISA Account

c)

Price(s) and volume(s):

Sale of shares

 Price(s)    Volume(s)
 4.43 pence  1,083,358

d)

Aggregated information:

Aggregated volume:

 

Price(s) and volumes:

Single transaction as in 4 c) above

Purchase of shares

 Price(s)     Volume(s)
 4.182 pence  836,917

 

 

e)

Date of the transaction:

17 September 2025

f)

Place of the transaction:

Main Market London Stock Exchange

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  DSHGPUGUBUPAGGM