Appendix 3Y and Director Shareholding

RNS Number : 3973J

Thor Mining PLC

17 December 2015

 

Thursday, 17 December 2015

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.

  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/ Mark Treharne	[phone]	Northland Capital Partners Limited	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.

Date:  17 December 2015

Company Announcements Office,

ASX Securities Limited,

20, Bridge Street,

Sydney, N.S.W. 2000

Appendix 3Ys - Issue of Shares (as CDIs) to Directors

The Directors of Thor Mining PLC ("Thor" or the "Company") (AIM, ASX THR) advise that a total of 356,898,014 ordinary shares of 0.01p each ("Ordinary Shares") have been issued, as CDIs, to the Directors of the Company, on the 17 December 2015, as follows:

Director	Shares Issued	Total Shares Held (Following the Issue)	Total Shares Held (%)
M R Billing	165,281,246	285,211,807	6.3%
M K Ashton	47,904,192	114,375,944	2.5%
G M Durack	47,904,192	64,631,900	1.4%
T J Ireland	47,904,192	77,869,897	1.7%
D E Thomas	47,904,192	75,660,470	1.7%
Total	356,898,014	617,750,018	13.6%

The Ordinary Shares were issued, as CDIs, in lieu of cash payment for accrued Director's fees for the period 1 October 2014 to 30 September 2015.  In the case of Michael Billing, in addition to his Director's fees, a portion of his consultancy fees for the period 1 September 2014 to 30 September 2015 were also paid by Ordinary Shares, as CDIs, in lieu of cash payment.  These arrangements had been proposed by the Directors as a cost saving initiative (subject to the necessary shareholder approval).

The above issue of Ordinary Shares were approved by shareholders at the Annual General Meeting ("AGM") held on 26 November 2015.  For further information refer to the Notice of Meeting lodged with the ASX on 23 October 2015.

Following admission of the above shares on 17 December 2015, the Company's total issued share capital comprises of 4,536,387,510 Ordinary Shares.  This figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company following Admission.

The applicable Appendix 3Y's are attached.

For further information, please contact:

THOR MINING PLC

Ray Ridge

Company Secretary and Chief Financial Officer

Tel:     [phone]

Fax:    [phone]

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	3 June 2015

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	17 December 2015
No. of securities held before change - Direct	·    10,735,570 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. ·    77,116,697 CDIs Held by MBB Trading Pty Ltd ·    29,578,294 CDIs.
Class	·    CDIs (ASX) ·    Shares (AIM)
Number acquired - Direct	·    47,904,192 CDIs
Number acquired - Indirect	·      24,000,000 CDIs held by Mr M Billing and Mrs B Billing as trustees and beneficiaries of the Lapun Kamap Super Fund. ·      93,377,054 CDIs held by MBB Trading Pty Ltd
Number disposed	N/A
Value/Consideration (a)               Note: If consideration is non-cash, provide details and estimated valuation	The Shares were issued in lieu of cash payment for accrued Director's fees for the period 1 October 2014 to 30 September 2015.  In addition, a portion of his consultancy fees for the period 1 September 2014 to 30 September 2015 are also being paid by Shares, in lieu of cash payment.  The issue of Shares were approved by shareholders at the Annual General Meeting held on 26 November 2015. The value of Director's fees paid by the issue of shares was $40,000 and the value of consulting fees paid by the issue of shares was $98,010.  An issue price of $0.000835 was used (being the one month vwap through to 7 October 2015 on the AIM market, converted to AUD at the 7 October 2015 GBP/AUD exchange rate).
No. of securities held after change - Direct	·    58,639,762 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. ·      101,116,697 CDIs Held by MBB Trading Pty Ltd ·      122,955,348 CDI
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	CDIs were acquired as a result of the approval of a resolution, at the AGM on 26 November 2015, to issue "Remuneration Shares" to directors in lieu of cash payment.  See background provided at the above section "Value/Consideration".

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. 

1      Name of Director	Michael Ashton
Date of last notice	11 November 2014

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 Ashton is a director of: ·      Ashton Drilling Services Pty Ltd ·      Mick Ashton Nominees Pty Ltd and owns 100% of the issued share capital of both. ·      Greenstone Property Pty Ltd and owns a controlling  shareholding in that company.
Date of change	17 December 2015
No. of securities held prior to change -Direct	Nil
No. of securities held prior to change- Indirect	Ashton Drilling Services ·      245,569 CDIs Mick Ashton Nominees Pty Ltd. ·      63,325,032 CDIs Mick Ashton Superannuation Fund ·      350,453 CDIs Greenstone Property  Pty Ltd ·      2,550,698 CDIs
Class	CDIs
Number acquired - Direct	Nil
Number acquired - Indirect	Mick Ashton Nominees Pty Ltd ·      47,904,192 CDIs
Number disposed	Nil
Value/Consideration ·                 Note: If consideration is non-cash, provide details and estimated valuation	The Shares were issued in lieu of cash payment for accrued Director's fees for the period 1 October 2014 to 30 September 2015.  The issue of Shares were approved by shareholders at the Annual General Meeting held on 26 November 2015. The value of Director's fees paid by the issue of shares was $40,000.  An issue price of $0.000835 was used (being the one month vwap through to 7 October 2015 on the AIM market, converted to AUD at the 7 October 2015 GBP/AUD exchange rate).
No. of securities held after change - Direct	Nil
No. of securities held after change - Indirect	Ashton Drilling Services ·      245,569 CDIs Mick Ashton Nominees Pty Ltd. ·      111,229,224 CDIs Mick Ashton Superannuation Fund ·      350,453 CDIs Greenstone Property  Pty Ltd ·      2,550,698 CDIs
Nature of change ·                 Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	CDIs were acquired as a result of the approval of a resolution, at the AGM on 26 November 2015, to issue "Remuneration Shares" to directors in lieu of cash payment.  See background provided at the above section entitled "Value/Consideration".

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 30/09/01  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	Gregory Michael Durack
Date of last notice	11 November 2014

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.	Gregory Michael Durack is: ·     a director of Martineau Resources Pty Ltd, and, ·    a trustee of the Durack Ekoyenia Superannuation Fund
Date of change	17 December 2015
No. of securities held prior to change - Direct	·      3,911,736 CDIs
No. of securities held prior to change - Indirect	Martineau Resources Pty Ltd ·      322,276 CDIs Durack Ekoyenia Superannuation Fund ·      12,493,696 CDIs
Class	·     CDI Shares
Number acquired - Direct	Nil
Number acquired - Indirect	·      47,904,192 CDIs held by Martineau Resources Pty Ltd
Number disposed	Nil
Value/Consideration ·                           Note: If consideration is non-cash, provide details and estimated valuation ·	The Shares were issued in lieu of cash payment for accrued Director's fees for the period 1 October 2014 to 30 September 2015.  The issue of Shares were approved by shareholders at the Annual General Meeting held on 26 November 2015. The value of Director's fees paid by the issue of shares was $40,000.  An issue price of $0.000835 was used (being the one month vwap through to 7 October 2015 on the AIM market, converted to AUD at the 7 October 2015 GBP/AUD exchange rate).
No. of securities held after change - Direct	·      3,911,736 CDIs
No. of securities held after change - Indirect	Martineau Resources Pty Ltd ·      48,226,468 CDIs Durack Ekoyenia Superannuation Fund ·      12,493,696 CDIs
Nature of change ·                           Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	CDIs were acquired as a result of the approval of a resolution, at the AGM on 26 November 2015, to issue "Remuneration Shares" to directors in lieu of cash payment.  See background provided at the above section entitled "Value/Consideration".

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

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	Trevor John Ireland
Date of last notice	11 November 2014

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 and Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Shares owned by the Director's spouse, Mrs Carolyn Ireland
Date of change	17 December 2015
No. of securities held prior to change:        Direct.	29,115,705 CDIs.
No. of securities held prior to change:        Indirect.	850,000 CDIs
Class	CDIs
Number acquired - Direct	47,904,192 CDIs
Number acquired - Indirect	Nil
Number disposed  - Direct	Nil
Value/Consideration (a)               Note: If consideration is non-cash, provide details and estimated valuation	The Shares were issued in lieu of cash payment for accrued Director's fees for the period 1 October 2014 to 30 September 2015.  The issue of Shares were approved by shareholders at the Annual General Meeting held on 26 November 2015. The value of Director's fees paid by the issue of shares was $40,000.  An issue price of $0.000835 was used (being the one month vwap through to 7 October 2015 on the AIM market, converted to AUD at the 7 October 2015 GBP/AUD exchange rate).
No. of securities held after change: Direct	77,019,897 CDIs.
No. of securities held after change: Indirect	850,000 CDIs
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	CDIs were acquired as a result of the approval of a resolution, at the AGM on 26 November 2015, to issue "Remuneration Shares" to directors in lieu of cash payment.  See background provided at the above section entitled "Value/Consideration".

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?	No
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	11 November 2014

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	17 December 2015
No. of securities held prior to change:        Direct.	27,756,278  CDIs
No. of securities held prior to change:        Indirect.	Nil
Class	CDIs
Number acquired - Direct	47,904,192 CDIs
Number acquired - Indirect	Nil
Number disposed	Nil
Value/Consideration (e)               Note: If consideration is non-cash, provide details and estimated valuation	The Shares were issued in lieu of cash payment for accrued Director's fees for the period 1 October 2014 to 30 September 2015.  The issue of Shares were approved by shareholders at the Annual General Meeting held on 26 November 2015. The value of Director's fees paid by the issue of shares was $40,000.  An issue price of $0.000835 was used (being the one month vwap through to 7 October 2015 on the AIM market, converted to AUD at the 7 October 2015 GBP/AUD exchange rate).
No. of securities held after change: Direct	75,660,470  CDI shares
No. of securities held after change: Indirect	Nil
Nature of change (f)                Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	CDIs were acquired as a result of the approval of a resolution, at the AGM on 26 November 2015, to issue "Remuneration Shares" to directors in lieu of cash payment.  See background provided at the above section entitled "Value/Consideration".

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

 

END

 

 

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