TIDMTHR

RNS Number : 4580Y

Thor Mining PLC

03 March 2017

Friday, 3 March 2017

THOR MINING PLC

("Thor" or the "Company")

Director/PDMR Shareholding

The Company was yesterday informed by Mick Billing that he acquired 500,000 ordinary shares of 0.01 pence each in the capital of the Company ("Ordinary Shares") at a price of 1.468 cents each on 2 March 2017.

Following the above mentioned acquisition, Mick Billing and related parties are beneficially interested in 25,265,242 Ordinary Shares, representing 6.88 per cent of the issued share capital of the Company.

The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation and the Australian Securities Exchange, provide further detail.

Enquiries:

 
Mick Billing        +61 (8) 7324 1935    Thor Mining PLC      Executive 
                                                               Chairman 
Ray Ridge           +61 (8) 7324 1935    Thor Mining PLC      CFO/Company 
                                                               Secretary 
Colin Aaronson/   +44 (0) 207 383 5100   Grant Thornton UK    Nominated 
 Daniel Bush/                             LLP                  Adviser 
 Richard Tonthat 
Elliot Hance        +44 (0) 207382 8300  Beaufort Securities  Joint Broker 
                                          Limited 
Nick Emerson      +44 (0) 1483 413 500   SI Capital Ltd       Joint Broker 
 / 
 Andy Thacker 
Tim Blythe/       +44 (0) 207 138 3222   Blytheweigh          Financial 
 Camilla                                                       PR 
 Horsfall 
 

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, and on the Company's twitter page @ThorMining.

Notification of Transactions of Persons Discharging Managerial Responsibility and Persons Closely Associated with them

 
 1     Details of the person discharging managerial 
        responsibilities / person closely associated 
----  ------------------------------------------------------------------ 
 a)    Name                          Mick Billing 
----  ----------------------------  ------------------------------------ 
 2     Reason for the notification 
----  ------------------------------------------------------------------ 
 a)    Position/status               Executive Director 
----  ----------------------------  ------------------------------------ 
 b)    Initial notification          Initial notification 
        /Amendment 
----  ----------------------------  ------------------------------------ 
 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                CDI's (Ordinary shares of 
        the financial                 0.01 pence each) 
        instrument, type 
        of instrument 
---- 
 
       Identification                GB00BD0NBV71 
        code 
 
 b)    Nature of the                 Purchase of shares 
        transaction 
----  ----------------------------  ------------------------------------ 
 c)    Price(s) and volume(s) 
----                                 ------------------  ------------- 
                                      Price(s)            Volume(s) 
----                                 ------------------  ------------- 
    1.468 cents                                           500,000 
   ----------------------------------------------------  ------------- 
 
 d)    Aggregated information 
---- 
 
  - Aggregated volume           Aggregate volume: 500,000 
                                 Aggregate price: 1.468 cents 
                                 Aggregate total: AUD$7,340 
 
  - Price 
 
 e)    Date of the transaction       2 March 2017 
----  ----------------------------  ------------------------------------ 
 f)    Place of the transaction      Australian Stock Exchange 
                                      (ASX) 
----  ----------------------------  ------------------------------------ 
 

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   7 December 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            Direct & Indirect 
  interest 
----------------------------  ---------------------------------------------------------- 
 Nature of indirect            Michael Billing is: 
  interest                       *    a trustee and beneficiary of the Lapun Kamap Super 
  (including registered               Fund and 
  holder) 
  Note: Provide details 
  of the circumstances           *    a director and shareholder of MBB Trading Pty Ltd. 
  giving rise to the 
  relevant interest. 
----------------------------  ---------------------------------------------------------- 
 Date of change                2 March 2017 
----------------------------  ---------------------------------------------------------- 
 No. of securities 
  held before change             *    6,173,340 CDIs 
  - Direct 
 
                                 *    100,000 AIM listed Shares 
----------------------------  ---------------------------------------------------------- 
 No. of securities              Held by Mr M Billing and 
  held before change             Mrs B Billing as trustees 
  - Indirect                     and beneficiaries of the 
                                 Lapun Kamap Super Fund. 
                                  *    10,373,689 CDIs 
 
 
                                  *    5,565,040 Unlisted Options (expiry 11 April 2019, 
                                       exercise price GBP0.0125) 
 
 
                                  *    4,000,000 Unlisted Options (expiry 26 July 2019, 
                                       exercise price GBP0.0125) 
 
 
 
                                 Held by MBB Trading Pty Ltd 
                                  *    8,118,213 CDIs 
 
 
                                  *    3,200,000 Unlisted Options (expiry 11 April 2019, 
                                       exercise price GBP0.0125) 
----------------------------  ---------------------------------------------------------- 
 Class                         CDIs 
                                AIM listed shares 
                                Unlisted options 
----------------------------  ---------------------------------------------------------- 
 Number acquired -             N/A 
  Direct 
----------------------------  ---------------------------------------------------------- 
 Number acquired -             500,000 CDI's 
  Indirect 
----------------------------  ---------------------------------------------------------- 
 Number disposed                     N/A 
----------------------------  ---------------------------------------------------------- 
 Value/Consideration           1.468 cents per share, or 
  (a) Note: If consideration    total consideration of $7,340. 
  is non-cash, provide 
  details and estimated 
  valuation 
----------------------------  ---------------------------------------------------------- 
 No. of securities 
  held after change              *    6,173,340 CDIs 
  - Direct 
 
                                 *    100,000 AIM listed Shares 
----------------------------  ---------------------------------------------------------- 
 No. of securities              Held by Mr M Billing and 
  held after change              Mrs B Billing as trustees 
  - Indirect                     and beneficiaries of the 
                                 Lapun Kamap Super Fund. 
                                  *    10,873,689 CDIs 
 
 
                                  *    5,565,040 Unlisted Options (expiry 11 April 2019, 
                                       exercise price GBP0.0125) 
 
 
                                  *    4,000,000 Unlisted Options (expiry 26 July 2019, 
                                       exercise price GBP0.0125) 
 
 
 
                                 Held by MBB Trading Pty Ltd 
                                  *    8,118,213 CDIs 
 
 
                                  *    3,200,000 Unlisted Options (expiry 11 April 2019, 
                                       exercise price GBP0.0125) 
----------------------------  ---------------------------------------------------------- 
 Nature of change              Acquired on market (ASX). 
  (b) 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 
-------------------------- 
 

Part 3 - +Closed period

 
 Were the interests         No. 
  in the securities 
  or contracts detailed 
  above traded during 
  a +closed period 
  where prior written 
  clearance was required? 
-------------------------  ---- 
 If so, was prior           N/A 
  written clearance 
  provided to allow 
  the trade to proceed 
  during this period? 
-------------------------  ---- 
 If prior written           N/A 
  clearance was provided, 
  on what date was 
  this provided? 
-------------------------  ---- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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March 03, 2017 03:57 ET (08:57 GMT)

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