REG - Thor Mining PLC - Appendix 3Y <Origin Href="QuoteRef">THRL.L</Origin>

Thor EnergyAnnouncement

21/11/2014 12:11

RNS Number : 7022X
Thor Mining PLC
21 November 2014
Friday, 21 November 2014
THOR MINING PLC
Thor Mining PLC ("Thor" or the "Company")
Thor Mining PLC (AIM, ASX: THR) today announces the following change of holding by Michael Robert Billing as notified to the Australian Securities Exchange ("ASX") as required under the listing rules of the ASX.
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 30/9/2001.
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
11 November 2014
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
Direct or indirect interest
Direct & 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 and 
 a director and shareholder of MBB Trading Pty Ltd.
Date of change
14 November 2014
No. of securities held before change - Direct
 10,735,570 CDIs
 2,500,000 AIM listed Shares
No. of securities held before change - Indirect
Held by Mr M Billing and Mrs B Billing as trustees and beneficiaries of the Lapun Kamap Super Fund.
 59,845,087 CDIs
Held by MBB Trading Pty Ltd
 29,578,294 CDIs.
Class
 CDIs (ASX)
 Shares (AIM)
Number acquired - Direct
 Nil
Number acquired - Indirect
 7,271,610 CDIs held by Mr M Billing and Mrs B Billing as trustees and beneficiaries of the Lapun Kamap Super Fund.
 Nil
Number disposed
N/A
Value/Consideration
(a) Note: If consideration is non-cash, provide details and estimated valuation
The CDIs were received for Nil consideration.
The value of the CDIs at the ASX closing price of $0.003 on 19 November 2014 was $21,815.
No. of securities held after change - Direct
 10,735,570 CDIs
 2,500,000 AIM listed Shares
No. of securities held after change - Indirect
Held by Mr M Billing and Mrs B Billing as trustees and beneficiaries of the Lapun Kamap Super Fund.
 67,116,697 CDIs (7,271,610 being held in escrow until 27 October 2015).
Held by MBB Trading Pty Ltd
 29,578,294 CDIs.
Nature of change
(b) Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back
Consideration paid by Thor Mining, for the acquisition of Pilot Mountain, from Black Fire Minerals Limited (ASX: BFE), was 418,750,000 Thor Mining CDIs (refer ASX announcement 28 October 2014). Black Fire Minerals Limited subsequently made an in specie distribution to it's shareholders, of the 418,750,000 Thor Mining CDI's. Statements related to the in specie distribution were issued by our registrar on Friday 14 November 2014. As a shareholder in Black Fire Minerals Limited, Mr M Billing and Mrs B Billing (as trustees and beneficiaries of the Lapun Kamap Super Fund), received 7,271,610 CDI's.
The CDIs are held in escrow until 27 October 2015.
Part 2 - Change of director's interests in contracts
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
Enquiries: 
Mick Billing
+61 (8) 7324 1935
Thor Mining PLC
ExecutiveChairman
Ray Ridge
+61 (8) 7324 1935
Thor Mining PLC
CFO/Company
Secretary
Colin Aaronson/ 
David Hignell/
Harrison Clarke
+44 (0) 207 383 5100 
Grant Thornton UK LLP
Nominated Adviser
Andrew Monk/
Bhavesh Patel
+44 (0) 20 3005 5000
VSA Capital Ltd
Broker
Alex Walters
+44 (0) 7771 713608
+44 (0) 207 839 9260
Cadogan PR
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.

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