REG - Thor Mining PLC - Director/PDMR Shareholding <Origin Href="QuoteRef">THRL.L</Origin>
RNS Number : 4580YThor Mining PLC03 March 2017Friday, 3 March 2017
THOR MINING PLC
("Thor" or the "Company")
Director/PDMR Shareholding
The Company was yesterday informed by Mick Billing that he acquired 500,000 ordinary shares of 0.01 pence each in the capital of the Company ("Ordinary Shares") at a price of 1.468 cents each on 2 March 2017.
Following the above mentioned acquisition, Mick Billing and related parties are beneficially interested in 25,265,242 Ordinary Shares, representing 6.88 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
Mick Billing
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
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
CDI's (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)
1.468 cents
500,000
d)
Aggregated information
- Aggregated volume
Aggregate volume: 500,000
Aggregate price: 1.468 cents
Aggregate total: AUD$7,340
- Price
e)
Date of the transaction
2 March 2017
f)
Place of the transaction
Australian Stock Exchange (ASX)
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
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
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
2 March 2017
No. of securities held before change - Direct
6,173,340 CDIs
100,000 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.
10,373,689 CDIs
5,565,040 Unlisted Options (expiry 11 April 2019, exercise price 0.0125)
4,000,000 Unlisted Options (expiry 26 July 2019, exercise price 0.0125)
Held by MBB Trading Pty Ltd
8,118,213 CDIs
3,200,000 Unlisted Options (expiry 11 April 2019, exercise price 0.0125)
Class
CDIs
AIM listed shares
Unlisted options
Number acquired - Direct
N/A
Number acquired - Indirect
500,000 CDI's
Number disposed
N/A
Value/Consideration
(a) Note: If consideration is non-cash, provide details and estimated valuation
1.468 cents per share, or total consideration of $7,340.
No. of securities held after change - Direct
6,173,340 CDIs
100,000 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.
10,873,689 CDIs
5,565,040 Unlisted Options (expiry 11 April 2019, exercise price 0.0125)
4,000,000 Unlisted Options (expiry 26 July 2019, exercise price 0.0125)
Held by MBB Trading Pty Ltd
8,118,213 CDIs
3,200,000 Unlisted Options (expiry 11 April 2019, exercise price 0.0125)
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
Acquired on market (ASX).
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
This information is provided by RNSThe company news service from the London Stock ExchangeENDDSHUOSWRBAAORRR
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