REG - Tlou Energy Ltd - Issue of Performance Rights

TLOU EnergyAnnouncement

01/03/2022 16:31

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RNS Number : 2644D  Tlou Energy Ltd  01 March 2022

1 March 2022

 

Tlou Energy Limited

("Tlou" or "the Company")

 

Issue of Performance Rights

 

 

Further to the approval by shareholders of the issue of performance rights to
Tlou directors at the Company's annual general meeting held on 24 November
2021, the Company confirms that on 15 December 2021, 6,000,000 performance
rights in the Company were issued for nil consideration ("Performance Rights")
to Tlou Directors.

 

 Director          Position             No. of Performance rights issued  Vesting price  Expiry date of

                                                                                         performance rights
                                        2,000,000                         AUD $0.10      31 January 2025

 Colm Cloonan      Finance Director
                   2,000,000                                              AUD $0.165     31 January 2025
                                        1,000,000                         AUD $0.10      31 January 2025

 Gabaake Gabaake   Executive Director
                   1,000,000                                              AUD $0.165     31 January 2025

 

The notifications below, made in accordance with the requirements of the EU
Market Abuse Regulations, provide further details.

 

 

****

For further information regarding this announcement please contact:

 Tlou Energy Limited                              +61 7 3040 9084
 Tony Gilby, Managing Director
 Solomon Rowland, General Manager

 Grant Thornton (Nominated Adviser)               +44 (0)20 7383 5100
 Harrison Clarke, Colin Aaronson, Ciara Donnelly

 

 

Notification of Transactions of Persons Discharging Managerial Responsibility
and Persons Closely Associated with them

 

 1    Details of the person discharging managerial responsibility / person closely
      associated

 a)   Name                                     Gabaake Gabaake
 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                                     Tlou Energy Limited

 b)   LEI   213800SHI2BVAY1A4L52

 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   Unlisted Performance Rights

      Identification code                                           ABN 79136739967

 b)   Nature of transaction                                         Performance Rights Linked to Share Price Benchmarks Expiring 31 January 2025

 c)   Price(s) and volume(s)                                        Price(s)                                 Volume(s)
      Unlisted Performance Rights issued for Nil consideration

                                                                                                             2,000,000

 d)   Aggregated information

      Aggregated volume

      Price

 e)   Date of transaction                                           15 December 2021

 f)   Place of transaction                                          Outside a trading venue

 

 

 

 1    Details of the person discharging managerial responsibility / person closely
      associated

 a)   Name                                     Colm Cloonan
 2    Reason for the notification

 a)   Position/status                          Finance Director

 b)   Initial notification/amendment           Initial notification
 3    Details of the issuer, emission allowance market participant, auction
      platform, auctioneer or auction monitor

 a)   Name                                     Tlou Energy Limited

 b)   LEI   213800SHI2BVAY1A4L52

 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   Unlisted Performance Rights

      Identification code                                           ABN 79136739967

 b)   Nature of transaction                                         Performance Rights Linked to Share Price Benchmarks Expiring 31 January 2025

 c)   Price(s) and volume(s)                                        Price(s)                                  Volume(s)
      Unlisted Performance Rights issued for Nil consideration                                                4,000,000

 d)   Aggregated information

      Aggregated volume

      Price

 e)   Date of transaction                                           15 December 2021

 f)   Place of transaction                                          Outside a trading venue

 

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