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

Thor EnergyAnnouncement

03/11/2017 13:00

RNS Number : 5499V
Thor Mining PLC
03 November 2017
3 November 2017
THOR MINING PLC
Director/PDMR Shareholding
The Company was informed by Paul Johnson, Non-executive Director of Thor, on 3 November 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 1.70 pence each on 3 November 2017.
Following the above mentioned acquisition, Paul Johnson and his closely associated persons are beneficially interested in 27,502,649 Ordinary Shares, representing 5.93 per cent. of the issued share capital of the Company, in addition to 10,200,000 warrants.
Paul Johnson has also agreed to subscribe for 3,125,000 Ordinary Shares at a price of 0.8p each with attaching warrants, pursuant to the conditional placing announced on 20 October 2017. Subject to the Company receiving shareholder approval for the placing at the Company's forthcoming Annual General Meeting, following the completion of the placing, Paul Johnson and his closely associated persons will be beneficially interested in 30,627,649 Ordinary Shares, representing 6.07 per cent. of the enlarged issued share capital of the Company, in addition to 14,325,000 warrants (excluding the 10,000,000 options referred to in the announcement made yesterday, which is also conditional on shareholder approval at a forthcoming General Meeting).
The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides 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 
+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 the Thor Mining 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 
213800WO61Y9GPALD478
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)
1.70 pence
500,000
d) 
Aggregated information 
- Aggregated volume
Aggregate volume: 500,000
Average price: 1.70 pence
Aggregate total: 8,500.00
- Price
e) 
Date of the transaction 
3 November 2017
f) 
Place of the transaction 
London Stock Exchange's AIM Market

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