Exercise of Options
December 11 2003 - 3:11AM
UK Regulatory
RNS Number:1310T
Hardman Resources Limited
11 December 2003
HARDMAN RESOURCES LTD
Ground Floor, 5 Ord Street, West Perth
PO Box 869, West Perth
Western Australia 6872
Tel: +61 8 9321 6881 Fax: +61 8 9321 2375
ABN 98 009 210 235
STOCK EXCHANGE / MEDIA RELEASE
RELEASE DATE: 11 December 2003
CONTACT: Kathryn Davies (08 9321 6881)
RE: APPENDIX 3B EXERCISE OF OPTIONS AND
NOTICE OF DIRECTOR'S INTERESTS
Please find following ASX Appendix 3B being an application for quotation of
additional securities in Hardman pursuant to the exercise of 4,800,000 options
exercisable at 60 cents per share. The conversion of these securities raises
A$2,880,000 additional capital for the Company.
Also following is a Change of Director's Interest Notice for Mr Ted Ellyard,
Director of the Company.
KATHRYN DAVIES
COMPANY SECRETARY AND
CHIEF FINANCIAL OFFICER
Rule 2.7, 3.10.3, 3.10.4, 3.10.5
Appendix 3B
New issue announcement,
application for quotation of additional securities
and agreement
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 1/7/96. Origin: Appendix 5. Amended 1/7/98, 1/9/99, 1/7/2000, 30/9/
2001, 11/3/2002.
Name of entity
HARDMAN RESOURCES LTD
ABN
98 009 210 235
We (the entity) give ASX the following information.
Part 1 - All issues
You must complete the relevant sections (attach sheets if there is not enough
space).
1 Class of securities issued or to be Ordinary shares.
issued
2 Number of securities issued or to be 4,800,000
issued (if known) or maximum number
which may be issued
3 Principal terms of the securities (eg, As per existing ordinary shares.
if options, exercise price and expiry
date; if partly paid securities, the
amount outstanding and due dates for
payment; if convertible securities,
the conversion price and dates for
conversion)
4 Do the securities rank equally in all Yes.
respects from the date of allotment
with an existing class of quoted
securities?
If the additional securities do not
rank equally, please state:
* the date from which they do
* the extent to which they
participate for the next dividend, (in
the case of a trust, distribution) or
interest payment
* the extent to which they do
not rank equally, other than in
relation to the next dividend,
distribution or interest payment
5 Issue price or consideration 60 cents per share.
Purpose of the issue Exercise of options.
6 (If issued as consideration for the
acquisition of assets, clearly
identify those assets)
7 Dates of entering securities into 10 to 11 December 2003.
uncertificated holdings or despatch
of certificates
Number Class
8 Number and class of all securities 479,535,028 Ordinary shares
quoted on ASX (including the
securities in clause 2 if
applicable)
Number Class
9 Number and class of all securities not 1,425,000 Options exercisable at 60 cents
quoted on ASX (including the each, expiring 20 December 2003
securities in clause 2 if applicable)
Options exercisable at 60 cents
each, expiring 27 February 2004
500,000 Options exercisable at $1.10
each, expiring 31 December 2004
14,700,000
10 Dividend policy (in the case of a The Directors do not anticipate declaring a dividend in
trust, distribution policy) on the the current financial year.
increased capital (interests)
Part 2 - Bonus issue or pro rata issue
11 Is security holder approval required?
12 Is the issue renounceable or
non-renounceable?
13 Ratio in which the securities will be
offered
14 Class of securities to which the
offer relates
15 Record date to determine entitlements
16 Will holdings on different registers
(or subregisters) be aggregated for
calculating entitlements?
17 Policy for deciding entitlements in
relation to fractions
18 Names of countries in which the
entity has security holders who will
not be sent new issue documents
Note: Security holders must be told
how their entitlements are to be
dealt with.
Cross reference: rule 7.7.
19 Closing date for receipt of
acceptances or renunciations
20 Names of any underwriters
21 Amount of any underwriting fee or
commission
22 Names of any brokers to the issue
23 Fee or commission payable to the
broker to the issue
24 Amount of any handling fee payable to
brokers who lodge acceptances or
renunciations on behalf of security
holders
25 If the issue is contingent on
security holders' approval, the date
of the meeting
26 Date entitlement and acceptance form
and prospectus or Product Disclosure
Statement will be sent to persons
entitled
27 If the entity has issued options, and
the terms entitle option holders to
participate on exercise, the date on
which notices will be sent to option
holders
28 Date rights trading will begin (if
applicable)
29 Date rights trading will end (if
applicable)
30 How do security holders sell their
entitlements in full through a
broker?
31 How do security holders sell part of
their entitlements through a broker
and accept for the balance?
32 How do security holders dispose of
their entitlements (except by sale
through a broker)?
33 Despatch date
Part 3 - Quotation of securities
You need only complete this section if you are applying for quotation of
securities
34 Type of securities
(tick one)
(a) Securities described in Part 1
(b) X All other securities
Example: restricted securities at the end of the escrowed period, partly paid securities that
become fully paid, employee incentive share securities when restriction ends, securities issued
on expiry or conversion of convertible securities
Entities that have ticked box 34(a)
Additional securities forming a new class of securities
(If the additional securities do not form a new class, go to 43)
Tick to indicate you are providing the information
or documents
35 If the securities are equity securities, the names of the 20 largest holders of the additional
securities, and the number and percentage of additional securities held by those holders
36 If the securities are equity securities, a distribution schedule of the additional securities
setting out the number of holders in the categories
1 - 1,000
1,001 - 5,000
5,001 - 10,000
10,001 - 100,000
100,001 and over
37 A copy of any trust deed for the additional securities
(now go to 43)
Entities that have ticked box 34(b)
38 Number of securities for which 4,800,000
quotation is sought
39 Class of securities for which quotation Ordinary.
is sought
40 Do the securities rank equally in all Yes.
respects from the date of allotment
with an existing class of quoted
securities?
If the additional securities do not
rank equally, please state:
* the date from which they do
* the extent to which they
participate for the next dividend, (in
the case of a trust, distribution) or
interest payment
* the extent to which they do not
rank equally, other than in relation to
the next dividend, distribution or
interest payment
41 Reason for request for quotation now Issue of new ordinary shares upon exercise of options.
Example: In the case of restricted
securities, end of restriction period
(if issued upon conversion of another
security, clearly identify that other
security)
Number Class
42 Number and class of all securities 479,535,028 Ordinary.
quoted on ASX (including the securities
in clause 38)
(now go to 43)
All entities
Fees
43 Payment method (tick one)
Cheque attached
Electronic payment made
Note: Payment may be made electronically if Appendix 3B is given to ASX electronically at
the same time.
X Periodic payment as agreed with the home branch has been arranged
Note: Arrangements can be made for employee incentive schemes that involve frequent
issues of securities.
Quotation agreement
1 Quotation of our additional securities is in ASX's absolute
discretion. ASX may quote the securities on any conditions it decides.
2 We warrant the following to ASX.
* The issue of the securities to be quoted complies with the law and is
not for an illegal purpose.
* There is no reason why those securities should not be granted
quotation.
* An offer of the securities for sale within 12 months after their
issue will not require disclosure under section 707(3) or section 1012C(6) of
the Corporations Act.
Note: An entity may need to obtain appropriate warranties from subscribers for
the securities in order to be able to give this warranty
* Section 724 or section 1016E of the Corporations Act does not apply
to any applications received by us in relation to any securities to be quoted
and that no-one has any right to return any securities to be quoted under
sections 737, 738 or 1016F of the Corporations Act at the time that we request
that the securities be quoted.
* We warrant that if confirmation is required under section 1017F of
the Corporations Act in relation to the securities to be quoted, it has been
provided at the time that we request that the securities be quoted.
* If we are a trust, we warrant that no person has the right to return
the securities to be quoted under section 1019B of the Corporations Act at the
time that we request that the securities be quoted.
3 We will indemnify ASX to the fullest extent permitted by law in
respect of any claim, action or expense arising from or connected with any
breach of the warranties in this agreement.
4 We give ASX the information and documents required by this form. If
any information or document not available now, will give it to ASX before
quotation of the securities begins. We acknowledge that ASX is relying on the
information and documents. We warrant that they are true and complete.
Sign here: Company Secretary
Date: 11 December 2003
Print name: Kathryn Davies
== == == == ==
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 HARDMAN RESOURCES LTD
ABN 98 009 210 235
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 EDWARD JOHN ELLYARD
Date of last notice 27 NOVEMBER 2003
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 Indirect
Nature of indirect interest Jerele Mining Pty Ltd (by itself and as trustee
for Ellyard Superannuation Fund).
(including registered holder)
Gulf Mining Pty Ltd.
Note: Provide details of the circumstances giving
rise to the relevant interest.
Date of change 8 December 2003
No. of securities held prior to change * 3,660,712 Fully Paid Ordinary Shares
* 2,500,000 Options for Ordinary Shares
exercisable at 60 cents each on or before 20
December 2003
* 2,000,000 Options for Ordinary Shares
exercisable at $1.10 each on or before 31
December 2004
Class See above
Number acquired 200,000 Fully Paid Ordinary Shares
Number disposed 2,500,000 Options for Ordinary Shares exercisable
at 60 cents each on or before 20 December 2003
Value/Consideration Net consideration after exercise of Options and
sale of Shares is approximately $51,527.
Note: If consideration is non-cash, provide
details and estimated valuation
No. of securities held after change * 3,860,712 Fully Paid Ordinary Shares
* 2,000,000 Options for Ordinary Shares
exercisable at $1.10 each on or before 31
December 2004
Nature of change On-market trade and exercise of options
Example: on-market trade, off-market trade,
exercise of options, issue of securities under
dividend reinvestment plan, participation in
buy-back
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 -
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCEAPAFFEPDFEE