Thor Mining PLC Notice of General Meeting and Timetable (7377M)

TIDMTHR

RNS Number : 7377M

Thor Mining PLC

29 August 2013

Thursday 29 August 2013

THOR MINING PLC

("Thor" or the "Company")

Notice of General Meeting and Timetable

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.

Thor Mining PLC (ASX, AIM: THR) (the Company) refers to the notice of meeting lodged on ASX and AIM on 21 August 2013 (Notice of Meeting). The general meeting is to be held on 3 September 2013.

As referred to in the Notice of Meeting, the Company intends to reorganise its share capital as a means of reducing the nominal value of its ordinary shares (for the purposes of the UK Companies Act) from 0.3p to 0.01p by sub-dividing each ordinary share of 0.3p into one ordinary share of 0.01p and one deferred share of 0.29p. The deferred shares will not be listed, no share certificates will be issued and they will be effectively valueless.

Subject to shareholders approving the share capital reorganisation at the general meeting, set out below is an indicative timetable for the proposed reorganisation, prepared in accordance with the ASX Listing Rules.

 
 Action                                           Date 
-----------------------------------------------  ------------- 
 General Meeting                                  3 September 
                                                   2013 
-----------------------------------------------  ------------- 
 Last day for trading in pre-reorganised          4 September 
  securities                                       2013 
-----------------------------------------------  ------------- 
 Trading in reorganised securities on deferred    5 September 
  settlement basis starts                          2013 
-----------------------------------------------  ------------- 
 Last day for entity to register transfers        11 September 
  on a pre-reorganisation basis                    2013 
-----------------------------------------------  ------------- 
 First day for company to register securities     12 September 
  on a post-reorganisation basis                   2013 
-----------------------------------------------  ------------- 
 First day for issue of new holding statements 
  or new certificates (as appropriate) (showing 
  details of the number of securities held 
  before and after reorganisation) 
-----------------------------------------------  ------------- 
 
 
 Issue date (ie. amending security holders'    18 September 
  holdings in the register to reflect the       2013 
  effect of the reorganisation) 
  (deferred settlement trading ends) 
--------------------------------------------  ------------- 
 Last day for securities to be entered into 
  the holders' security holdings. 
--------------------------------------------  ------------- 
 Last day to send new holding statements 
  or new certificates (as required) (showing 
  details of the number of securities held 
  before and after reorganisation). 
--------------------------------------------  ------------- 
 Normal trading starts                         19 September 
                                                2013 
--------------------------------------------  -------------

For further information, please contact:

 
 Mick Billing      +61 (8) 7324        Thor Mining            Executive Chairman 
                    1935                PLC 
 Allan Burchard    +61 (8) 7324        Thor Mining            CFO/Company Secretary 
                    1935                PLC 
 Colin Aaronson/   +44 (0) 207 383     Grant Thornton         Nominated Adviser 
  David Hignell     5100                UK LLP 
  /Jamie Barklem 
 
   Nick Emerson/     +44 (0) 1483        SI Capital Limited     Broker 
   Andy Thacker      413500 
 
   Alex Walters      +44 (0) 7771        Cadogan PR             Financial PR 
                     713608 
                     +44 (0) 207 839 
                     9260

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.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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