TIDMTHR

RNS Number : 0856H

Thor Mining PLC

05 June 2017

Monday, 5 June 2017

THOR MINING PLC

("Thor" or the "Company")

Director/PDMR Shareholding

The Company was informed by Paul Johnson on 2 June 2017 that Value Generation Limited, a company owned by Paul Johnson and his spouse, acquired 500,000 ordinary shares of 0.01 pence each in the capital of the Company ("Ordinary Shares") at a price of 0.888 pence each on 2 June 2017 ("Ordinary Shares").

Following the above mentioned acquisition, Paul Johnson and his closely associated persons are beneficially interested in 10,002,649 Ordinary Shares, representing 2.68 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 Adviser 
 Daniel Bush/                             LLP 
 Richard Tonthat 
Elliot Hance        +44 (0) 207382 8300  Beaufort Securities  Joint Broker 
                                          Limited 
Nick Emerson         +44 (0) 1483 413    SI Capital Ltd       Joint Broker 
 / Andy Thacker             500 
Tim Blythe/        +44 (0) 207 138 3222  Blytheweigh          Financial PR 
 Camilla 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                                   Paul Johnson (Legal Person: Value 
                                               Generation Limited) 
----  -------------------------------------  ----------------------------------------- 
 2     Reason for the notification 
----  -------------------------------------------------------------------------------- 
 a)    Position/status                        Non-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 the                     Ordinary shares of 0.01 pence each 
        financial instrument, 
        type of instrument 
---- 
 
       Identification code                    GB00BD0NBV71 
 
 b)    Nature of the transaction              Purchase of shares 
----  -------------------------------------  ----------------------------------------- 
 c)    Price(s) and volume(s) 
----                                          ---------------------  --------------- 
                                               Price(s)               Volume(s) 
----                                          ---------------------  --------------- 
    0.888 pence                                                       500,000 
   ----------------------------------------------------------------  --------------- 
 
 d)    Aggregated information 
---- 
 
  - Aggregated volume                    Aggregate volume: 500,000 
                                          Aggregate price: 0.888 pence 
                                          Aggregate total: GBP4,440.00 
 
  - Price 
 
 e)    Date of the transaction                2 June 2017 
----  -------------------------------------  ----------------------------------------- 
 f)    Place of the transaction               London Stock Exchange's AIM Market 
----  -------------------------------------  ----------------------------------------- 
 

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      Paul Johnson 
--------------------  ------------- 
 Date of last notice   24 May 2017 
--------------------  ------------- 
 

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)       *    Mrs M Johnson (spouse) 
  Note: Provide details of the 
  circumstances giving rise to 
  the relevant interest.              *    Value Generation Limited, a company 50% owned by Mr P 
                                           Johnson and 50% owned by Mrs M Johnson. 
---------------------------------  ------------------------------------------------------------- 
 Date of change                     2 June 2017 
---------------------------------  ------------------------------------------------------------- 
 No. of securities held prior 
  to change - Direct                  *    4,402,649 Ordinary Shares (AIM listed) 
 
 
                                      *    3,200,000 Unlisted Options (expiry 1 December 2018, 
                                           exercise price GBP0.0125) 
 
 
                                      *    10,000,000 Unlisted Options (expiry 2 September 2019, 
                                           exercise price GBP0.0125) 
---------------------------------  ------------------------------------------------------------- 
 No. of securities held prior 
  to change - Indirect                *    4,600,000 Ordinary Shares (AIM listed) held by Mrs M 
                                           Johnson 
 
 
                                      *    500,000 Ordinary Shares (AIM listed) held by Value 
                                           Generation Limited 
---------------------------------  ------------------------------------------------------------- 
 Class                              Ordinary Fully Paid Shares 
---------------------------------  ------------------------------------------------------------- 
 Number acquired - Direct           500,000 Ordinary Fully Paid 
                                     Shares 
---------------------------------  ------------------------------------------------------------- 
 Number acquired - Indirect         N/A 
---------------------------------  ------------------------------------------------------------- 
 Number disposed                    N/A 
---------------------------------  ------------------------------------------------------------- 
 Value/Consideration                Total consideration of GBP4,440, 
  -- Note: If consideration is       or GBP0.00888 per share. 
  non-cash, provide details and 
  estimated valuation 
  -- 
---------------------------------  ------------------------------------------------------------- 
 No. of securities held after 
  change - Direct                     *    4,402,649 Ordinary Shares (AIM listed) 
 
 
                                      *    3,200,000 Unlisted Options (expiry 1 December 2018, 
                                           exercise price GBP0.0125) 
 
 
                                      *    10,000,000 Unlisted Options (expiry 2 September 2019, 
                                           exercise price GBP0.0125) 
---------------------------------  ------------------------------------------------------------- 
 No. of securities held after 
  change - Indirect                   *    4,600,000 Ordinary Shares (AIM listed) held by Mrs M 
                                           Johnson 
 
 
                                      *    1,000,000 Ordinary Shares (AIM listed) held by Value 
                                           Generation Limited 
---------------------------------  ------------------------------------------------------------- 
 Nature of change                   On market purchase (AIM). 
  -- 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

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          No. 
  securities or contracts 
  detailed above traded during 
  a +closed period where prior 
  written clearance was required? 
---------------------------------  ---- 
 If so, was prior written           No. 
  clearance provided to allow 
  the trade to proceed during 
  this period? 
---------------------------------  ---- 
 If prior written clearance         N/A 
  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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June 05, 2017 02:00 ET (06:00 GMT)

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