REG - Danakali Limited - Change of Director’s Interest Notice

DanakaliAnnouncement

20/02/2020 07:00

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RNS Number : 5273D  Danakali Limited  20 February 2020

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      DANAKALI LTD
 ABN                      56 097 904 302

 

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     Seamus Ian Cornelius
 Date of last notice  14 June 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                                                   (a)    Direct

                                                                               (b)   Indirect

                                                                               (c)    Indirect

                                                                               (d)   Indirect

 Nature of indirect interest                                                   (b)   Kongming Investments Ltd - Director of the Company

 (including registered holder)                                                 (c)    Sino West Assets Ltd - Director of the Company

 Note: Provide details of the circumstances giving rise to the relevant        (d)   Seamus Ignatius Quan Cornelius - Son of Seamus Ian Cornelius
 interest.

 Date of change                                                                19 February 2020
 No. of securities held prior to change                                        Direct Holding

                                                                               (a)   4,831,664 fully paid ordinary shares

                                                                               (a)   300,000 unlisted options (remuneration) at $0.94, expiring on
                                                                               19/05/2020

                                                                               Indirect Holding

                                                                               (b)   4,178,992 fully paid ordinary shares

                                                                                 (c)   1,318,309 fully paid ordinary shares

                                                                                 (d)   301,040 unlisted options (remuneration) at $1.031, expiring on
                                                                               24/01/2022

 Class                                                                         Ordinary shares

 Number acquired                                                               62,960

 Number disposed                                                               Nil
 Value/Consideration                                                           $35,716.91

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

 No. of securities held after change                                           Direct Holding

                                                                               (a)   4,894,624 fully paid ordinary shares

                                                                               (a)   300,000 unlisted options (remuneration) at $0.94, expiring on
                                                                               19/05/2020

                                                                               Indirect Holding

                                                                               (b)   4,178,992 fully paid ordinary shares

                                                                                 (c)   1,318,309 fully paid ordinary shares

                                                                                 (d)   301,040 unlisted options (remuneration) at $1.031, expiring on
                                                                               24/01/2022

 Nature of change                                                              On market purchase.

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

 

 

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                                                               N/A
 Nature of interest                                                               N/A
 Name of registered holder                                                        N/A

 (if issued securities)
 Date of change                                                                   N/A
 No. and class of securities to which interest related prior to change            N/A

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

 Interest acquired                                                                N/A
 Interest disposed                                                                N/A
 Value/Consideration                                                              N/A

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

 Interest after change                                                            N/A

 

Part 3 - +Closed period

 Were the interests in the securities or contracts detailed above traded during  No
 a +closed period where prior written clearance was required?
 If so, was prior written clearance provided to allow the trade to proceed       N/A
 during this period?
 If prior written clearance was provided, on what date was this provided?        N/A

 

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