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Thor Energy PLC

Thor Mining PLC - Director/PDMR Shareholding

RNS Number : 0191C
Thor Mining PLC
16 January 2018
 

Tuesday, 16 January 2018

 

THOR MINING PLC

 ("Thor" or the "Company")

Director/PDMR Shareholding

The Company was informed by Paul Johnson on 16 January 2018 that his wife had acquired 500,000 ordinary shares of 0.01 pence each in the capital of the Company ("Ordinary Shares") at a price of 2.5 pence each on 16 January 2018 ("Ordinary Shares").

Following the above mentioned acquisition, Paul Johnson and his closely associated persons are beneficially interested in 31,627,649 Ordinary Shares, representing 5.23 per cent of the issued share capital of the Company.

The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation and the Australian Securities Exchange, provide further detail.

 

  Enquiries:

Mick Billing

+61 (8) 7324 1935

Thor Mining PLC

Executive Chairman

Ray Ridge

+61 (8) 7324 1935

 

Thor Mining PLC

CFO/Company

Secretary

Colin Aaronson/

Richard Tonthat

+44 (0) 207 383 5100

 

Grant Thornton UK LLP

 

Nominated Adviser

Nick Emerson

+44 (0) 1483 413 500

SI Capital Ltd

Joint Broker

Tim Blythe/ Camilla Horsfall

+44 (0) 207 138 3222

Blytheweigh

Financial PR

 

Updates on the Company's activities are regularly posted on Thor's website www.thormining.com, which includes a facility to register to receive these updates by email, and on the Company's twitter page @ThorMining.

 

Notification of Transactions of Persons Discharging Managerial Responsibility and Persons Closely Associated with them

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

Paul Johnson

 

Details of legal persons:

Value Generation Limited, a company 50% owned by Mr P Johnson and 50% owned by Mrs M Johnson (spouse).

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Non-Executive Director

b)

 

Initial notification /Amendment

 

 

Initial notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

 

Name

 

 

Thor Mining Plc

b)

 

LEI

 

 

213800WO61Y9GPALD478

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 0.01 pence each



Identification code

GB00BD0NBV71



b)

 

Nature of the transaction

 

 

Purchase of shares

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




2.5 pence

500,000







d)

 

Aggregated information




- Aggregated volume

Aggregate volume: 500,000

Aggregate price: 2.5 pence

Aggregate total: £12,500.00



- Price




e)

 

Date of the transaction

 

 

16 January 2017

f)

 

Place of the transaction

 

 

London Stock Exchange's AIM Market

 

 

 


Rule 3.19A.2

Appendix 3Y

 

Change of Director's Interest Notice

 

Information or documents not available now must be given to ASX as soon as available.  Information and documents given to ASX become ASX's property and may be made public.

Introduced 30/09/01  Amended 01/01/11

 

Name of entity                    Thor Mining PLC

ABN                                    121 117 673

 

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act. 

 

Name of Director

Paul Johnson

Date of last notice

16 January 2017

 

Part 1 - Change of director's relevant interests in securities

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

 

Note: In the case of a company, interests which come within paragraph (i) of the definition of "notifiable interest of a director" should be disclosed in this part.

 

Direct or indirect interest

Direct and Indirect

Nature of indirect interest

(including registered holder)

Note: Provide details of the circumstances giving rise to the relevant interest.

 

·      Mrs M Johnson (spouse)

·      Value Generation Limited, a company 50% owned by Mr P Johnson and 50% owned by Mrs M Johnson.

 

Date of change

16 January 2018

No. of securities held prior to change - Direct

·      22,402,649 Ordinary Shares (AIM listed)

·      3,200,000 Unlisted Options, exercise price £0.0125, expiry 1/10/18.

·      5,000,000 Unlisted options, exercise price 1.8 pence, expiry 28/7/19.

·      3,000,000 Unlisted options, exercise price 1.8 pence, expiry 31/3/20.

No. of securities held prior to change - Indirect

·      4,600,000 Ordinary Shares (AIM listed) held by Mrs M Johnson.

 

·      Value Generation Limited:

4,125,000 Ordinary Shares (AIM listed) held by Value Generation Limited.

·      3,125,000 Unlisted options, exercise price

Class

Ordinary Fully Paid Shares

 

Number acquired - Direct

500,000 Ordinary Fully Paid Shares

Number acquired - Indirect

N/A

Number disposed

N/A

 

Value/Consideration

·          Note: If consideration is non-cash, provide details and estimated valuation

·     

Total consideration of £12,500, or £0.025 per share.

No. of securities held after change - Direct

 

 

 

·      22,402,649 Ordinary Shares (AIM listed)

·      3,200,000 Unlisted Options, exercise price £0.0125, expiry 1/10/18.

·      5,000,000 Unlisted options, exercise price 1.8 pence, expiry 28/7/19.

·      3,000,000 Unlisted options, exercise price 1.8 pence, expiry 31/3/20.

No. of securities held after change - Indirect

 

·      5,100,000 Ordinary Shares (AIM listed) held by Mrs M Johnson.

 

·      Value Generation Limited:

4,125,000 Ordinary Shares (AIM listed) held by Value Generation Limited.

3,125,000 Unlisted options, exercise price

Nature of change

·          Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back

On market purchase (AIM).

 



 

Part 2 - Change of director's interests in contracts

 

Note: In the case of a company, interests which come within paragraph (ii) of the definition of "notifiable interest of a director" should be disclosed in this part.

 

Detail of contract


Nature of interest

 

 


Name of registered holder

(if issued securities)

 


Date of change


No. and class of securities to which interest related prior to change

·          Note: Details are only required for a contract in relation to which the interest has changed

 


Interest acquired


Interest disposed


Value/Consideration

·          Note: If consideration is non-cash, provide details and an estimated valuation

 


Interest after change


 

Part 3 - +Closed period

 

Were the interests in the securities or contracts detailed above traded during a +closed period where prior written clearance was required?

No.

If so, was prior written clearance provided to allow the trade to proceed during this period?

No.

If prior written clearance was provided, on what date was this provided?

N/A

 

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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