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Thor Mining PLC - Director/PDMR Shareholding

RNS Number : 5574S
Thor Mining PLC
09 July 2020
 

9 July 2020

THOR MINING PLC

 ("Thor" or the "Company")

Director/PDMR Shareholding

The Directors of Thor Mining PLC (AIM, ASX: THR) provide a notice of the change in securities held by each of the Directors.

 

The change in Directors' interests follows shareholder approval on 7 July 2020, for the following:

·      the participation of Messrs Billing and Bradey in the placement announced 1 June 2020, on the same terms as other placees.  Messrs Billing and Bradey each received 2,000,000 CDIs and 1,000,000 ASX options on the basis of one option for every two CDIs subscribed (an ASX listing is being sought for the options);

·      the issue 3,174,604 Ordinary Shares or CDIs comprising 1,587,302 Ordinary Shares or CDIs to each of Messrs Billing and Potter at A$0.0063 per Ordinary Share, in lieu of cash payment for 50% of their Directors' fees owing for the period 1 January to 30 June 2020; and

·      the granting of 24,000,000 unlisted options, being 8,000,000 options to each of Messrs Billing, Potter and Bradey.

 

The table below summarises the change in securities and the resultant balance of securities held by the Directors, including the resultant percentage of the issued share capital held by each Director and their closely associated persons.

 

Director

Existing Shares held

Participation in the placing

Shares in lieu of cash Directors fees

Resultant Shares held

Existing Options held

Participation in the placing

Director Options

Resultant Options held

Michael Billing

45,407,423

2,000,000

1,587,302

48,994,725

3.82%

4,500,000

1,000,000

8,000,000

13,500,000

Richard Bradey

31,792

2,000,000

 -

2,031,792

0.16%

8,000,000

1,000,000

8,000,000

17,000,000

Mark Potter

-

                    -  

1,587,302

1,587,302

0.12%

-

-

8,000,000

8,000,000

 

The relevant details are provided in the notifications below, made in accordance with the requirements of the EU Market Abuse Regulation and the Australian Securities Exchange.

 

 

 

 

Enquiries:

Mick Billing

+61 (8) 7324 1935

Thor Mining PLC

Executive Chairman

Ray Ridge

+61 (8) 7324 1935

Thor Mining PLC

CFO/Company Secretary

Samantha Harrison/

Richard Tonthat/ Niall McDonald

+44 (0) 207 383 5100

Grant Thornton UK LLP 

Nominated Adviser

Nick Emerson

+44 (0) 1483 413 500

SI Capital Ltd

Broker

 

 

 

 

 

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

 

About Thor Mining PLC

ThorMiningPLC (AIM, ASX: THR)is a resources company quotedonthe AIM Marketofthe London Stock Exchange and on ASX in Australia.

Thor holds 100% of the advanced Molyhil tungsten project in the Northern Territory of Australia, for which an updated feasibility study in August 2018¹ suggested attractive returns.

Adjacent Molyhil, at Bonya, Thor holds a 40% interest in deposits of tungsten, copper, and vanadium, including Inferred Resource estimates for the White Violet and Samarkand tungsten deposits and the Bonya copper deposit².

Thor also holds 100% of the Pilot Mountain tungsten project in Nevada USA which has a JORC 2012 Indicated and Inferred Resources Estimate³ on 2 of the 4 known deposits.  The US Department of the Interior has confirmed that tungsten, the primary resource mineral at Pilot Mountain, has been included in the final list of Critical Minerals 2018.

Thor holds a 25% interest Australian copper development company EnviroCopper Limited (with rights to increase its interest to 30%).  EnviroCopper Limited holds:

·    rights to earn up to a 75% interest in the mineral rights and claims over the resource on the portion of the historic Kapunda copper mine in South Australia considered recoverable by way of in situ recovery; and

·    rights to earn up to 75% of the Moonta copper project, also in South Australia comprising the northern portion of exploration licence EL5984 and includes a resource estimate for several deposits considered recoverable by way of in situ recovery.

 

Thor also holds a production royalty entitlement from the Spring Hill Gold projectof:

·    A$5.70 per ounce of gold produced from the Spring Hill tenements where the gold produced is sold for up to A$1,500 per ounce; and

·    A$13.30 per ounce of gold produced from the Spring Hill tenements where the gold produced is sold for amounts over A$1,500 per ounce.

Notes

¹ Refer ASX and AIM announcement of 23 August 2018

² Refer ASX and AIM announcements of 26 November 2018 and 29 January 2020

³ Refer AIM announcement of 13 December 2018 and ASX announcement of 14 December 2018

 Refer AIM announcement of 10 February 2018 and ASX announcement of 12 February 2018

Refer ASX and AIM announcement of 15 August 2019

⁶ Refer AIM announcement of 26 February 2016 and ASX announcement of 29 February 2016

 

 

 

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

ARBN:   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

Michael Robert Billing

Date of last notice

2 April 2020

 

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.

 

Michael Billing is:

·    a trustee and beneficiary of the Lapun Kamap Super Fund

•  a trustee and beneficiary of the Lapun Kamap BB Super Fund

•  a director and shareholder of MBB Trading Pty Ltd.

Date of change

8 July 2020

No. of securities held prior to change

Direct

·    6,173,340 CDIs

·    100,000 AIM listed Shares

·    4,500,000 Unlisted options, exercise price 3.5625 pence, expiry 07/06/21

 

Indirect

Held by Mr M Billing and Mrs B Billing as trustees and beneficiaries of the Lapun Kamap Super Fund

·      16,673,689 CDIs

 

Held by Mr M Billing and Mrs B Billing as trustees and beneficiaries of the Lapun Kamap BB Super Fund

·      7,675,000 CDIs

 

Held by MBB Trading Pty Ltd

·      14,785,394 CDIs

 

Class

·      CDI's

·      Options exercise price A$0.01 expiring 8 July 2023 (ASX listing being sought - hereafter referred to as Listed Options)

·      Unlisted options exercisable at A$0.0095 expiring 8 July 2023

 

Number acquired

·      1,587,302 CDIs

·      2,000,000 CDI's (placement)

·      1,000,000 Listed options (placement)

·      8,000,000 Unlisted options

Number disposed

-

Value/Consideration

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

 

·      1,587,302 CDIs at A$0.0063 per CDI (A$10,000)

·      2,000,000 CDIs at A$0.005 per CDI (A$10,000)

·      1,000,000 Listed options at nil (1 for every 2 CDI's)

·    8,000,000 Unlisted options, nil consideration

No. of securities held after change

Direct

·      7,760,642 CDIs

·      100,000 AIM listed Shares

·      4,500,000 Unlisted options, exercise price 3.5625 pence, expiry 07/06/21

 

Indirect

Held by Mr M Billing and Mrs B Billing as trustees and beneficiaries of the Lapun Kamap Super Fund.

·      16,673,689 CDIs

·      8,000,000 Unlisted options exercisable at A$0.0095 expiring 8 July 2023

 

Held by Mr M Billing and Mrs B Billing as trustees and beneficiaries of the Lapun Kamap BB Super Fund.

·      7,675,000 CDIs

 

Held by MBB Trading Pty Ltd

·      16,785,394 CDIs

·      1,000,000 Listed Options exercise price A$0.01 expiring 8 July 2023

 

Nature of change

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

·      1,587,302 CDIs in lieu of cash payment for 50% of Directors fees owed for the period 1 January 2020 to 30 June 2020

·      2,000,000 CDI's on the same terms as the placement to external placees

·      1,000,000 Listed options on the basis of 1 for every 2 CDI's subscribed, on the same terms as the placement to other placees

·    Unlisted options to incentivise Directors (approved by shareholders)

 

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?

N/A

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

N/A

 

 

 

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

ARBN:   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

Richard Bradey

Date of last notice

3 July 2020

 

 

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 Leanne Bradey (Spouse)

 

Date of change

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

8 July 2020

No. of securities held prior to change

Direct

·      11,792 Ordinary Shares as CDIs

·      5,000,000 Unlisted Options, exercise price 4.5 pence, expiry 29/12/20.  The options vest once the AIM traded price of Thor Shares exceeds 6 pence for 20 consecutive days

·      3,000,000 Unlisted options, exercise price 3.5625 pence, expiry 07/06/21

 

Indirect

·      20,000 Ordinary Shares as CDIs

 

Class

·      CDI's

·      Listed Options exercise price A$0.01 expiring 8 July 2023 (ASX listing being sought - hereafter referred to as Listed Options)

·      Unlisted options exercisable at A$0.0095 expiring 8 July 2023

 

 

Number acquired

·      2,000,000 CDI's

·      1,000,000 Listed options

·    8,000,000 Unlisted options

Number disposed

-

Value/Consideration

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

 

·    A$0.005 per CDI (A$10,000)

·    Nil Listed options (1 for every 2 CDI's)

·    Nil Unlisted options

No. of securities held after change

Direct

·    11,792 CDIs

·    5,000,000 Unlisted Options, exercise price 4.5 pence, expiry 29/12/20.  The options vest once the AIM traded price of Thor Shares exceeds 6 pence for 20 consecutive days.

·    3,000,000 Unlisted options, exercise price 3.5625 pence, expiry 07/06/21.

 

Indirect

·    2,020,000 Ordinary Shares as CDIs

·    1,000,000 Listed Options exercise price A$0.01 expiring 8 July 2023

·    8,000,000 Unlisted options exercisable at A$0.0095 expiring 8 July 2023

 

Nature of change

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

·    CDI's on the same terms as the placement to external placees

·    Listed options on the basis of 1 for every 2 CDI's subscribed, on the same terms as the placement to other placees

·    Unlisted options to incentivise Directors (approved by shareholders)

 

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?

N/A

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

N/A

 

 

 

 

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

ARBN:   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

Mark Potter

Date of last notice

29 August 2019

 

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

Nature of indirect interest

(including registered holder)

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

 

N/A.

Date of change

8 July 2020

No. of securities held prior to change

Nil

 

Class

·    Ordinary Shares/CDIs

·    Unlisted options exercisable at A$0.0095 expiring 8 July 2023

 

Number acquired

·    1,587,302 Ordinary Shares/CDIs

·      8,000,000 Unlisted options

Number disposed

-

Value/Consideration

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

 

·      1,587,302 CDIs at A$0.0063 per CDI (A$10,000)

·    8,000,000 Unlisted options, nil consideration

No. of securities held after change

·      1,587,302 Ordinary Shares/CDIs

·      8,000,000 Unlisted options exercisable at A$0.0095 expiring 8 July 2023

Nature of change

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

·      CDIs in lieu of cash payment for 50% of Directors fees owed for the period 1 January 2020 to 30 June 2020

·      Unlisted options to incentivise Directors (approved by shareholders)

 

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?

N/A

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

N/A

 

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

 

 

Michael Billing

 

Details of legal persons:

MBB Trading Pty Ltd (Michael Billing is a director and shareholder).

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Executive Chairman

 

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

 

Options over ordinary shares of 0.01 pence each, exercise price AUD$0.01, expiring on 8 July 2023

 

 

Identification code

Ordinary share ISIN: GB00BD0NBV71

 

 

b)

 

Nature of the transaction

 

 

Participation in a placement on the same terms as other Placces, including one option for every two Ordinary Shares.  Approved by shareholders on 7 July 2020.

 

.c)

 

Price(s) and volume(s)

 

 

 

 

 

 

Price(s)

Volume(s)

 

Ordinary Shares

 

AUD$0.005

2,000,000

 

Options

 

nil

1,000,000

 

 

 

 

 

 

d)

 

Aggregated information

 

 

 

- Aggregated volume

Aggregate volume: 2,000,000 (plus 1,000,000 options)

 

- Price

Aggregate price: AUD$0.005

Aggregate total: AUD$10,000

 

 

e)

 

Date of the transaction

 

8 July 2020

f)

Place of the transaction

ASX (CHESS)

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

 

 

Richard Bradey

 

Details of legal persons:

Mrs L Bradey (closely associated person)

2

 

Reason for the notification

 

a)

 

Position/status

 

 

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

 

Options over ordinary shares of 0.01 pence each, exercise price AUD$0.01, expiring on 8 July 2023

 

 

Identification code

Ordinary share ISIN: GB00BD0NBV71

 

 

b)

 

Nature of the transaction

 

 

Participation in a placement on the same terms as other Placces, including one option for every two Ordinary Shares.  Approved by shareholders on 7 July 2020.

 

.c)

 

Price(s) and volume(s)

 

 

 

 

 

 

Price(s)

Volume(s)

 

Ordinary Shares

 

AUD$0.005

2,000,000

 

Options

 

nil

1,000,000

 

 

 

 

 

 

d)

 

Aggregated information

 

 

 

- Aggregated volume

Aggregate volume: 2,000,000 (plus 1,000,000 options)

 

- Price

Aggregate price: AUD$0.005

Aggregate total: AUD$10,000

 

 

e)

 

Date of the transaction

 

8 July 2020

f)

Place of the transaction

ASX (CHESS)

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

 

 

Michael Billing

 

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Executive Chairman

 

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

 

 

Issued in lieu of cash for 50% of Directors fees owed for the period 1 January 2020 to 30 June 2020.

 

.c)

 

Price(s) and volume(s)

 

 

 

 

 

 

Price(s)

Volume(s)

 

 

 

AUD$0.0063

1,587,302

 

 

 

 

 

 

d)

 

Aggregated information

 

 

 

- Aggregated volume

Aggregate volume: 1,587,302

 

- Price

Aggregate price: AUD$0.0063

Aggregate total: AUD$10,000

 

 

e)

 

Date of the transaction

 

8 July 2020

f)

 

Place of the transaction

 

ASX (CHESS)

 

 

 

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

 

 

Mark Potter

 

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

 

 

Issued in lieu of cash for 50% of Directors fees owed for the period 1 January 2020 to 30 June 2020.

 

.c)

 

Price(s) and volume(s)

 

 

 

 

 

 

Price(s)

Volume(s)

 

 

 

AUD$0.0063

1,587,302

 

 

 

 

 

 

d)

 

Aggregated information

 

 

 

- Aggregated volume

Aggregate volume: 1,587,302

 

- Price

Aggregate price: AUD$0.0063

Aggregate total: AUD$10,000

 

 

e)

 

Date of the transaction

 

8 July 2020

f)

 

Place of the transaction

 

Outside a trading venue

 

 

 

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

 

 

Michael Billing

 

Details of legal persons:

Mr M Billing and Mrs B Billing as trustees and beneficiaries of the Lapun Kamap Super Fund

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Executive Chairman

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

Options over ordinary shares of 0.01 pence each, exercise price AUD$0.0095, expiring on 8 July 2023

 

 

Identification code

Ordinary share ISIN: GB00BD0NBV71

 

 

b)

 

Nature of the transaction

 

 

Grant of options over ordinary shares to Directors, as approved by shareholders on 7 July 2020.

c)

 

Price(s) and volume(s)

 

 

 

 

 

 

Price(s)

Volume(s)

 

 

 

Nil

8,000,000

 

 

 

 

 

 

d)

 

Aggregated information

 

 

 

- Aggregated volume

N/A

- Price

 

 

 

e)

 

Date of the transaction

 

 

8 July 2020

f)

 

Place of the transaction

 

 

Outside a trading venue

 

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

 

 

Mark Potter

 

 

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

Options over ordinary shares of 0.01 pence each, exercise price AUD$0.0095, expiring on 8 July 2023

 

 

Identification code

Ordinary share ISIN: GB00BD0NBV71

 

 

b)

 

Nature of the transaction

 

 

Grant of options over ordinary shares to Directors, as approved by shareholders on 7 July 2020.

c)

 

Price(s) and volume(s)

 

 

 

 

 

 

Price(s)

Volume(s)

 

 

 

Nil

8,000,000

 

 

 

 

 

 

d)

 

Aggregated information

 

 

 

- Aggregated volume

N/A

- Price

 

 

 

e)

 

Date of the transaction

 

 

8 July 2020

f)

 

Place of the transaction

 

 

Outside a trading venue

 

 

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

 

 

Richard Bradey

 

Details of legal persons:

Mrs L Bradey (closely associated person)

 

2

 

Reason for the notification

 

a)

 

Position/status

 

 

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

Options over ordinary shares of 0.01 pence each, exercise price AUD$0.0095, expiring on 8 July 2023

 

 

Identification code

Ordinary share ISIN: GB00BD0NBV71

 

 

b)

 

Nature of the transaction

 

 

Grant of options over ordinary shares to Directors, as approved by shareholders on 7 July 2020.

c)

 

Price(s) and volume(s)

 

 

 

 

 

 

Price(s)

Volume(s)

 

 

 

Nil

8,000,000

 

 

 

 

 

 

d)

 

Aggregated information

 

 

 

- Aggregated volume

N/A

- Price

 

 

 

e)

 

Date of the transaction

 

 

8 July 2020

f)

 

Place of the transaction

 

 

Outside a trading venue

 


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 [email protected] or visit www.rns.com.
 
END
 
 
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Quick facts: Thor Mining PLC

Price: 0.53

Market: AIM
Market Cap: £6.8 m
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