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

Thor EnergyAnnouncement

26/06/2017 11:45

RNS Number : 1663J
Thor Mining PLC
26 June 2017
Monday, 26 June 2017
THOR MINING PLC
("Thor" or the "Company")
Director/PDMR Shareholding
The Company was informed by Paul Johnson on 23 June 2017 that he had acquired 500,000 ordinary shares of 0.01 pence each in the capital of the Company ("Ordinary Shares") at a price of 0.935 pence each on 23 June 2017 ("Ordinary Shares"). 
Following the above mentioned acquisition, Paul Johnson and his closely associated persons are beneficially interested in 10,502,649 Ordinary Shares, representing 2.82 per cent of the issued share capital of the Company.
Paul Johnson has also agreed to subscribe for 5,000,000 Ordinary Shares at a price of 0.9p each, pursuant to the conditional placing announced on 20 June 2017. Subject to the Company receiving shareholder approval at a general meeting to be convened shortly, following the completion of the placing, Paul Johnson and his closely associated persons will be beneficially interested in 15,502,649 Ordinary Shares, representing 3.66 per cent of the enlarged 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)
0.935 pence
500,000
d) 
Aggregated information 
- Aggregated volume
Aggregate volume: 500,000
Aggregate price: 0.935 pence
Aggregate total: 4,675.00
- Price
e) 
Date of the transaction 
23 June 2017
f) 
Place of the transaction 
London Stock Exchange's AIM Market
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
5 June 2017
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.
 Mrs M Johnson (spouse)
 Value Generation Limited, a company 50% owned by Mr P Johnson and 50% owned by Mrs M Johnson.
Date of change
23 June 2017
No. of securities held prior to change - Direct
 4,402,649 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
 4,600,000 Ordinary Shares (AIM listed) held by Mrs M Johnson
 1,000,000 Ordinary Shares (AIM listed) held by Value Generation Limited
Class
Ordinary Fully Paid Shares
Number acquired - Direct
500,000 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
 
Total consideration of 4,675, or 0.00935 per share. 
No. of securities held after change - Direct
 4,902,649 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
 4,600,000 Ordinary Shares (AIM listed) held by Mrs M Johnson
 1,000,000 Ordinary Shares (AIM listed) held by Value Generation Limited
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
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