Appendix 3Y

RNS Number : 1849Q

Thor Mining PLC

28 November 2016

 

Monday, 28 November 2016

THOR MINING PLC

Thor Mining PLC ("Thor" or the "Company")

The Directors of Thor Mining PLC (AIM, ASX: THR) today released the following announcement on the Australian Securities Exchange ("ASX") as required under the listing rules of the ASX.

28 November 2016

Company Announcements Office,

ASX Securities Limited,

20 Bridge Street,

Sydney, N.S.W. 2000.

Appendix 3Ys - Issue of Shares to Directors

The Directors of Thor Mining PLC ("Thor" or the "Company") (AIM, ASX THR) advise that a total of 207,336,523 CDIs or Ordinary Shares, were issued to Directors on the 25 November 2016, following shareholder approval on 24 November 2016.  The table below summarises the securities issued and the resultant balance of securities held by those Directors following the issue, including the resultant percentage of issued capital.

Director	Shares/CDIs issued	Resultant Shares/CDIs held
	Number	Number	% of the total issued share capital of the Company
Michael Billing	95,693,780	619,131,158	7.8%
David Thomas	95,693,780	229,024,250	2.9%
Gervaise Heddle	15,948,963	115,948,963	1.5%
Total	207,336,523	964,104,371	12.2%

The applicable Appendix 3Y's are attached.

Enquiries:

Mick Billing	[phone]	Thor Mining PLC	Executive Chairman
Ray Ridge	[phone]	Thor Mining PLC	CFO/Company Secretary
Colin Aaronson/ Daniel Bush/ Richard Tonthat	[phone]	Grant Thornton UK LLP	Nominated Adviser
Gerry Beaney/ David Hignell John Howes	[phone]	Northland Capital Partners Limited	Joint Broker
Nick Emerson / Andy Thacker	[phone]	SI Capital	Joint Broker
Tim Blythe/ Camilla Horsfall	[phone]	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. Email: [e-mail]

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 30/9/2001.

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	14 October 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	25 November 2016
No. of securities held before change - Direct	·    58,639,762 CDIs ·    2,500,000 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. ·      259,342,268 CDIs ·      139,126,000 Unlisted Options (expiry 11 April 2019, exercise price £0.0005) ·      100,000,000 Unlisted Options (expiry 26 July 2019, exercise price £0.0005) Held by MBB Trading Pty Ltd ·      202,955,348 CDI ·      80,000,000 Unlisted Options (expiry 11 April 2019, exercise price £0.0005)
Class	CDIs (ASX listed)
Number acquired - Direct	95,693,780 CDIs
Number acquired - Indirect	Nil
Number disposed	N/A
Value/Consideration (a)            Note: If consideration is non-cash, provide details and estimated valuation	A$40,000 or A$0.000418 per CDI. The price per CDI was set by the one month VWAP for AIM traded Shares through to 10 October 2016 of £0.000256, converted to AUD at the exchange rate of 0.6119 at 10 October 2016.
No. of securities held after change - Direct	·    154,333,542 CDIs ·    2,500,000 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. ·      259,342,268 CDIs ·      139,126,000 Unlisted Options (expiry 11 April 2019, exercise price £0.0005) ·      100,000,000 Unlisted Options (expiry 26 July 2019, exercise price £0.0005) Held by MBB Trading Pty Ltd ·      202,955,348 CDI ·      80,000,000 Unlisted Options (expiry 11 April 2019, exercise price £0.0005)
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	The CDIs were issued in lieu of cash remuneration of A$40,000 owing for Directors fees for the 12 month period to 30 September 2016.  The issue was approved by shareholders on 24 November 2016.

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

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 30/9/2001.

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	Gervaise Heddle
Date of last notice	14 October 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
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	N/A
Date of change	25 November 2016
No. of securities held prior to change -Direct	·      100,000,000 Ordinary Shares ·      100,000,000 Unlisted Options (expiry 7 April 2019, exercise price £0.0005) ·      100,000,000 Unlisted Options (expiry 26 July 2019, exercise price £0.0005)
No. of securities held prior to change- Indirect	Nil
Class	Ordinary Shares (AIM listed)
Number acquired - Direct	15,948,963 Ordinary Shares
Number acquired - Indirect	N/A
Number disposed	N/A
Value/Consideration ·              Note: If consideration is non-cash, provide details and estimated valuation	A$6,667 or A$0.000418 per Ordinary Share. The price per Ordinary Share was set by the one month VWAP for AIM traded Shares through to 10 October 2016 of £0.000256, converted to AUD at the exchange rate of 0.6119 at 10 October 2016.
No. of securities held after change - Direct	·      115,948,963 Ordinary Shares ·      100,000,000 Unlisted Options (expiry 7 April 2019, exercise price £0.0005) ·      100,000,000 Unlisted Options (expiry 26 July 2019, exercise price £0.0005)
No. of securities held after change - Indirect	Nil
Nature of change ·              Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	The Ordinary Shares were issued in lieu of cash remuneration of A$6,667 owing for Directors fees for the 2 month period from appointment through to 30 September 2016.  The issue was approved by shareholders on 24 November 2016.

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

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 30/9/2001.

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	David Edward Thomas
Date of last notice	14 October 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
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	N/A
Date of change	25 November 2016
No. of securities held prior to change:        Direct.	·      133,330,470 CDIs ·      57,670,000 Unlisted Options (expiry 11 April 2019, exercise price £0.0005) ·      100,000,000 Unlisted Options (expiry 26 July 2019, exercise price £0.0005)
No. of securities held prior to change:        Indirect.	Nil
Class	CDIs (ASX listed)
Number acquired - Direct	95,693,780 CDIs
Number acquired - Indirect	Nil
Number disposed	Nil
Value/Consideration (a)            Note: If consideration is non-cash, provide details and estimated valuation	A$40,000 or A$0.000418 per CDI. The price per CDI was set by the one month VWAP for AIM traded Shares through to 10 October 2016 of £0.000256, converted to AUD at the exchange rate of 0.6119 at 10 October 2016.
No. of securities held after change: Direct	·      229,024,250 CDIs ·      57,670,000 Unlisted Options (expiry 11 April 2019, exercise price £0.0005) ·      100,000,000 Unlisted Options (expiry 26 July 2019, exercise price £0.0005)
No. of securities held after change: Indirect	Nil
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	The CDIs were issued in lieu of cash remuneration of A$40,000 owing for Directors fees for the 12 month period to 30 September 2016.  The issue was approved by shareholders on 24 November 2016.

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 (c)            Note: Details are only required for a contract in relation to which the interest has changed
Interest acquired
Interest disposed
Value/Consideration (d)           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

The information set out below is provided in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation No 596/2014.

NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR PERSONS CLOSELY ASSOCIATED WITH THEM

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Michael Billing
2	Reason for the notification
a)	Position/status	Executive Chairman
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 Identification code	Ordinary Fully Paid Shares of 0.01 pence each GB00B1DXJY95
b)	Nature of the transaction	Shares issued in lieu of cash remuneration owed for Directors fees.  Approved by shareholders 24 November 2016.
c)	Price(s) and volume(s)	Price(s) Volume(s) A$0.000418 per share 95,693,780
d)	Aggregated information - Aggregated volume - Price	Aggregated volume 95,693,780 Aggregated price A$0.000418 per share Aggregated total A$40,000
e)	Date of the transaction	25 November 2016
f)	Place of the transaction	AIM Market of the London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	David Thomas
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 Identification code	Ordinary Fully Paid Shares of 0.01 pence each GB00B1DXJY95
b)	Nature of the transaction	Shares issued in lieu of cash remuneration owed for Directors fees.  Approved by shareholders 24 November 2016.
c)	Price(s) and volume(s)	Price(s) Volume(s) A$0.000418 per share 95,693,780
d)	Aggregated information - Aggregated volume - Price	Aggregated volume 95,693,780 Aggregated price A$0.000418 per share Aggregated total A$40,000
e)	Date of the transaction	25 November 2016
f)	Place of the transaction	AIM Market of the London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Gervaise Heddle
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 Identification code	Ordinary Fully Paid Shares of 0.01 pence each GB00B1DXJY95
b)	Nature of the transaction	Shares issued in lieu of cash remuneration owed for Directors fees.  Approved by shareholders 24 November 2016.
c)	Price(s) and volume(s)	Price(s) Volume(s) A$0.000418 per share 15,948,963
d)	Aggregated information - Aggregated volume - Price	Aggregated volume 15,948,963 Aggregated price $0.000418 per share Aggregated total A$6,667
e)	Date of the transaction	25 November 2016
f)	Place of the transaction	AIM Market of the London Stock Exchange

 

END

 

 

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