Issue of Shares

RNS Number : 2131M

Aura Energy Limited

04 January 2019

 

AURA ENERGY LIMITED

("Aura" or the "Company")

Issue of Shares

Aura wishes to inform the market that on 4 January 2019 the Company issued on the following ordinary shares:

Conversion of performance shares into ordinary shares	17,500,000
Total number of ordinary shares on issue	1,091,184,602
Ordinary shares held in Treasury	Nil
Expected Admission date	11 January 2019

Pursuant to the the approval by shareholders on 30 November 2017, the Company awarded 35,000,000 performance shares to Mr PD Reeve, the Executive Chairman/Chief Executive Officer of the Company.  The milestone underlying Tranche 1 of the performance shares has been achievement and accordingly, the performance shares have been converted into fully paid ordinary shares for zero consideration.

Mr PD Reeve holds directly 27,218,304 fully paid shares and 3,094,061 indirectly.

The total number of ordinary shares on issue following the issue of the above shares will be 1,091,184,602 ordinary shares.  There are no shares held in treasury and, therefore this figure may be used by shareholders, from the appropriate time, as the denominator for the calculations by which they will determine whether they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

For more information please visit www.auraenergy.com.au or contact the following:

Aura Energy Limited Peter Reeve (Executive Chairman)	Telephone: [phone]      [e-mail]
WH Ireland Limited Adrian Hadden James Sinclair-Ford	Telephone: [phone]
Yellow Jersey PR Limited Felicity Winkles Joe Burgess	Telephone:  [phone] [phone]

The information contained within this announcement is deemed by the Company to constitute inside information under the Market Abuse Regulation (EU) No. 596/2014.

 

END

 

 

IOEGRGDBDXGBGCS