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REG - Thor Mining PLC - Director/PDMR Shareholding <Origin Href="QuoteRef">THRL.L</Origin>

RNS Number : 3685Y
Thor Mining PLC
02 March 2017

Thursday, 2 March 2017

THOR MINING PLC

("Thor" or the "Company")

Director/PDMR Shareholding

The Company was yesterday informed by Paul Johnson that he acquired 1,000,000 ordinary shares of 0.01 pence each in the capital of the Company ("Ordinary Shares") at a price of 0.805 pence each on 1 March 2017.

Following the above mentioned acquisition, Paul Johnson and his spouse are beneficially interested in 7,002,649 Ordinary Shares, representing 1.91 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

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

Elliot Hance

+44 (0) 207382 8300

Beaufort Securities Limited

Joint Broker

Nick Emerson /

Andy Thacker

+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

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

N/A

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)

0.805 pence

1,000,000

d)

Aggregated information

- Aggregated volume

Aggregate volume: 1,000,000

Aggregate price: 0.805 pence

Aggregate total: 8,050

- Price

e)

Date of the transaction

1 March 2017

f)

Place of the transaction

London Stock Exchange's AIM Market

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

7 December 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 and Indirect

Nature of indirect interest

(including registered holder)

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

Spouse (Mrs M. Johnson)

Date of change

1 March 2017

No. of securities held prior to change - Direct

1,902,649 Ordinary Shares (AIM listed)

3,200,000 Unlisted Options (expiry 1 December 2018, exercise price 0.0125)

10,000,000 Unlisted Options (expiry 2 September 2019, exercise price 0.0125)

No. of securities held prior to change - Indirect

4,100,000 Ordinary Shares (AIM listed)

Class

Ordinary Fully Paid Shares

Unlisted options

Number acquired - Direct

1,000,000 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

0.00805 per share or total consideration of 8,050.

No. of securities held after change - Direct

2,902,649 Ordinary Shares (AIM listed)

3,200,000 Unlisted Options (expiry 1 December 2018, exercise price 0.0125)

10,000,000 Unlisted Options (expiry 2 September 2019, exercise price 0.0125)

No. of securities held after change - Indirect

4,100,000 Ordinary Shares (AIM listed)

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
END
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