Director's Interest in Shares and Appendix 3Y

RNS Number : 1037B

Thor Mining PLC

28 March 2013

 



Thursday 28 March 2013

THOR MINING PLC

Director's Interest in Shares and Appendix 3Y

The Directors of Thor Mining PLC ("Thor" or the "Company") (AIM, ASX: THR) have become aware of an error regarding a Director's interest in shares in an AIM announcement dated 21 July 2011 and in subsequent disclosures such as the Company's Annual Report.

The AIM announcement dated 21 July 2011 and subsequent disclosures made by the Company overstated Trevor Ireland's direct holding in Ordinary Shares by 500,000 CDIs.

The correct interest held by Mr Ireland as at today's date is 3,298,980 CDIs representing 0.36% of the issued share capital of the Company and 2,000,000 Unlisted Options exercisable at $0.04 on or before 24 November 2013, held as follows:

Held directly	2,000,000 Unlisted Options exercisable at $0.04 on or before 24/11/2013. 2,448,980 Ordinary Shares.
Held indirectly	850,000 Ordinary Shares held by Mrs Carolyn Ireland

Thor today released the following announcement on the Australian Securities Exchange ("ASX") as required under the listing rules of the ASX. The announcement advises of a correction of the above mentioned error in the ASX Appendix 3Y announcement dated 12 April 2012.

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	12 April 2012

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		21 July 2011
No. of securities held prior to change:        Direct.		·    2,948,980 CDIs. ·    2,000,000  Unlisted options
No. of securities held prior to change:        Indirect.		850,000  CDI shares
Number acquired - Direct		Nil
Number acquired - Indirect		Nil
Number disposed  - Direct		500,000 CDIs.
	Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation		Nil
	No. of securities held after change: Direct		·      2,448,980 CDIs. ·      2,000,000 Unlisted options
	No. of securities held after change: Indirect		850,000 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		The change is a correction of an error in previous notices dated 21 July 2011 and 12 April 2012 in which the Director's direct holdings were incorrectly overstated by 500,000 CDIs. This was caused by an incorrect allocation, which was later cancelled, of CDIs to a direct holding of the Director following an in-specie distribution of CDIs by another shareholder.

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?	No
If prior written clearance was provided, on what date was this provided?	N/A

 

END

 

 

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