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

Thor EnergyAnnouncement

14/10/2016 07:05

RNS Number : 5472M
Thor Mining PLC
14 October 2016
Friday, 14 October 2016
THOR MINING PLC
Thor Mining PLC ("Thor" or the "Company")
The Directors of Thor Mining PLC (AIM, ASX: THR) today released the following announcement on the Australian Securities Exchange ("ASX") as required under the listing rules of the ASX.
14 October 2016
Company Announcements Office,
ASX Securities Limited,
20 Bridge Street,
Sydney, N.S.W. 2000.
Appendix 3Ys - Issue of Shares and Options to Directors
The Directors of Thor Mining PLC ("Thor" or the "Company") (AIM, ASX THR) advise that a total of 376,796,000 CDIs or Ordinary Shares, together with 926,796,000 Unlisted Options (termed Warrants in the UK) have been issued to Directors on the 7 October 2016 and 11 October 2016, following shareholder approval on 6 October 2016. The table below summarises the securities issued and the resultant balance of securities held by Directors following the issue, including the resultant percentage of issued capital.
Director
Shares/CDIs issued
Resultant Shares/CDIs held
Options issued
Resultant Options held

Number
Number
%
Number
Number
Michael Billing
219,126,000
523,437,378
7.0%
319,126,000
319,126,000
David Thomas
57,670,000
133,330,470
1.8%
157,670,000
157,670,000
Gervaise Heddle
100,000,000
100,000,000
1.3%
200,000,000
200,000,000
Paul Johnson
-
112,066,237
1.5%
250,000,000
330,000,000
Total
376,796,000
868,834,085
11.6%
926,796,000
1,006,796,000
The applicable Appendix 3Y's are attached.
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/ 
Daniel Bush/ 
Richard Tonthat
+44 (0) 207 383 5100
Grant Thornton UK LLP
Nominated Adviser
Gerry Beaney/
David Hignell
John Howes
+44 (0) 20 3861 6625
Northland Capital Partners Limited
Joint Broker
Nick Emerson / 
Andy Thacker
+44 (0) 1483 413 500
SI Capital
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.

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
24 May 2015
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
11 October 2016
No. of securities held before change - Direct
 58,639,762 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.
 120,216,268 CDIs
Held by MBB Trading Pty Ltd
 122,955,348 CDI
Class
 CDIs (ASX listed)
 Unlisted Options (expiry 11 April 2019, exercise price 0.0005)
 Unlisted Options (expiry 26 July 2019, exercise price 0.0005)
Number acquired - Direct
N/A
Number acquired - Indirect
Mr M Billing and Mrs B Billing as trustees and beneficiaries of the Lapun Kamap Super Fund:
 139,126,000 CDIs
 139,126,000 Unlisted Options (expiry 11 April 2019, exercise price 0.0005)
 100,000,000 Unlisted Options (expiry 26 July 2019, exercise price 0.0005)
MBB Trading Pty Ltd:
 80,000,000 CDIs
 80,000,000 Unlisted Options (expiry 11 April 2019, exercise price 0.0005)
Number disposed
N/A
Value/Consideration
(a) Note: If consideration is non-cash, provide details and estimated valuation
- Conversion of A$95,000 owed to Mr Billing, into a total of 219,126,000 CDI's at 0.025p per share and 219,126,000 Unlisted Options (expiry 11 April 2016). The price per share and the attaching Options is consistent with the most recent placements to investors (refer ASX announcement 2 September 2016). The amount owed comprised outstanding salaries (A$55,000) and repayment of loans advanced to the Company (A$40,000).
- Nil consideration for the 100,000,000 Unlisted Options (expiry 26 July 2016). These Unlisted Options were granted in addition to any Director remuneration and is intended to act as an incentive, to align Directors with the Company's strategic plan and focus on optimising performance.
No. of securities held after change - Direct
 58,639,762 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.
 259,342,268 CDIs
 139,126,000 Unlisted Options (expiry 11 April 2019, exercise price 0.0005)
 100,000,000 Unlisted Options (expiry 26 July 2019, exercise price 0.0005)
Held by MBB Trading Pty Ltd
 202,955,348 CDI
 80,000,000 Unlisted Options (expiry 11 April 2019, exercise price 0.0005)
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
All securities were issued following shareholder approval on 6 October 2016.
Refer to the above section entitled "Value/ Consideration".
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

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
Gervaise Heddle
Date of last notice
29 July 2016
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
Nature of indirect interest
(including registered holder)
Note: Provide details of the circumstances giving rise to the relevant interest.
N/A
Date of change
11 October 2016 and 7 October 2016
No. of securities held prior to change -Direct
Nil
No. of securities held prior to change- Indirect
Nil
Class
 Ordinary Shares (AIM listed) - issued 7 October 2016
 Unlisted Options (expiry 7 April 2019, exercise price 0.0005) - issued 7 October 2016
 Unlisted Options (expiry 26 July 2019, exercise price 0.0005) - issued 11 October 2016
Number acquired - Direct
 100,000,000 Ordinary Shares
 100,000,000 Unlisted Options (expiry 7 April 2019, exercise price 0.0005)
 100,000,000 Unlisted Options (expiry 26 July 2019, exercise price 0.0005)
? or indirect
Number acquired - Indirect
N/A
Number disposed
N/A
Value/Consideration
 Note: If consideration is non-cash, provide details and estimated valuation
- The Ordinary Shares were issued at a price of 0.00025 per Share with free attaching Unlisted Options (expiry 7 April 2016) on the basis of one Option for each Ordinary Share subscribed. Mr Heddle participated in a placement made to external investors. The terms of the placement to Mr Heddle was consistent with that of other placees.
- Nil consideration for the 100,000,000 Unlisted Options (expiry 26 July 2016). These Unlisted Options were granted in addition to any Director remuneration and is intended to act as an incentive, to align Directors with the Company's strategic plan and focus on optimising performance.
No. of securities held after change - Direct
 100,000,000 Ordinary Shares
 100,000,000 Unlisted Options (expiry 7 April 2019, exercise price 0.0005)
 100,000,000 Unlisted Options (expiry 26 July 2019, exercise price 0.0005)
No. of securities held after change - Indirect
Nil 
Nature of change
 Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back
All securities were issued following shareholder approval on 6 October 2016.
Refer to the above section entitled "Value/ Consideration".


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

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
8 September 2016
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
11 October 2015
No. of securities held prior to change - Direct
 112,066,237 Ordinary Shares (AIM listed)
 80,000,000 Unlisted Options (expiry 1 December 2018, exercise price 0.0005)
No. of securities held prior to change - Indirect
Nil
Class
 Unlisted Options (expiry 2 September 2019, exercise price 0.0005)
Number acquired - Direct
250,000,000 Unlisted Options (expiry 2 September 2019, exercise price 0.0005)
Number acquired - Indirect
Nil
Number disposed
Nil
Value/Consideration
 Note: If consideration is non-cash, provide details and estimated valuation
 
The Shares were issued in lieu of cash payment for Director's fees for one year from the date of appointment on 2 September 2016. The issue of the Unlisted Options was approved by shareholders on 6 October 2016.
The value of annual Director's fees that would have otherwise been payable is $40,000.
No. of securities held after change - Direct
 112,066,237 Ordinary Shares (AIM listed)
 80,000,000 Unlisted Options (expiry 1 December 2018, exercise price 0.0005)
 250,000,000 Unlisted Options (expiry 2 September 2019, exercise price 0.0005)
No. of securities held after change - Indirect
Nil
Nature of change
 Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back
The Unlisted Options were issued following shareholder approval on 6 October 2016.
Refer to the above section entitled "Value/ Consideration".


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

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
David Edward Thomas
Date of last notice
17 December 2015
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 
Nature of indirect interest
(including registered holder)
Note: Provide details of the circumstances giving rise to the relevant interest.
N/A
Date of change
11 October 2016
No. of securities held prior to change: Direct.
75,660,470 CDIs
No. of securities held prior to change: Indirect.
Nil
Class
 CDIs (ASX listed)
 Unlisted Options (expiry 11 April 2019, exercise price 0.0005)
 Unlisted Options (expiry 26 July 2019, exercise price 0.0005)
Number acquired - Direct
 57,670,000 CDIs
 57,670,000 Unlisted Options (expiry 11 April 2019, exercise price 0.0005)
 100,000,000 Unlisted Options (expiry 26 July 2019, exercise price 0.0005)
Number acquired - Indirect
Nil
Number disposed
Nil
Value/Consideration
(a) Note: If consideration is non-cash, provide details and estimated valuation
- Conversion of A$25,000 owed to Mr Thomas, into a total of 57,670,000 CDI's at 0.025p per share and 57,670,000 Unlisted Options (expiry 11 April 2016). The price per share and the attaching Options is consistent with the most recent placement to investors (refer ASX announcement 2 September 2016).
- Nil consideration for the 100,000,000 Unlisted Options (expiry 26 July 2016). These Unlisted Options were granted in addition to any Director remuneration and is intended to act as an incentive, to align Directors with the Company's strategic plan and focus on optimising performance.
No. of securities held after change:
Direct
 133,330,470 CDIs
 57,670,000 Unlisted Options (expiry 11 April 2019, exercise price 0.0005)
 100,000,000 Unlisted Options (expiry 26 July 2019, exercise price 0.0005)
No. of securities held after change:
Indirect
Nil
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
All securities were issued following shareholder approval on 6 October 2016.
Refer to the above section entitled "Value/ Consideration".
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
(c) Note: Details are only required for a contract in relation to which the interest has changed

Interest acquired

Interest disposed

Value/Consideration
(d) 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
 

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