TIDMTHR
RNS Number : 9707X
Thor Mining PLC
30 November 2017
Thursday, 30 November 2017
THOR MINING PLC
("Thor" or the "Company")
Director/PDMR Shareholding
The Directors of Thor Mining PLC (AIM, ASX: THR) wish to advise
of the issue of ordinary shares of 0.01p each in the capital of the
Company ("Ordinary Shares") and warrants over Ordinary Shares,
pursuant to the completion of the placing announced on 20 October
2017 to Mick Billing and Paul Johnson, both Directors of Thor, as
approved by shareholders at the Annual General Meeeting held on 29
November 2017.
The table below summarises the securities issued and the
resultant balance of securities held by Mick Billing and Paul
Johnson following the issue, including the resultant percentage of
the issued share capital held by each Director and their closely
associated persons.
Director Ordinary Resultant Warrants Resulting
Shares Ordinary Granted Warrants
issued Shares held (Placement held
(Placement Participation)
Participation)
-------------------
Number Number % Number Number
---------- ---------------- ----------- ------ ---------------- ------------
Michael
Billing 3,000,000 31,265,242 5.44% 3,000,000 21,765,040
---------- ---------------- ----------- ------ ---------------- ------------
Paul
Johnson 3,125,000 31,127,649 5.41% 3,125,000 14,325,000*
---------- ---------------- ----------- ------ ---------------- ------------
* Excludes the proposed issue of 10,000,000 new options to Paul
Johnson, referred to in the announcement dated 2 November 2017,
which is conditional on shareholder approval at a future general
meeting yet to be convened.
The relevant details are provided in the notifications below,
made in accordance with the requirements of the EU Market Abuse
Regulation and the Australian Securities Exchange.
Enquiries:
Mick Billing +61 (8) 7324 Thor Mining Executive
1935 PLC Chairman
Ray Ridge +61 (8) 7324 Thor Mining CFO/Company
1935 PLC Secretary
Colin Aaronson/ +44 (0) 207 383 Grant Thornton Nominated
Daniel Bush/ 5100 UK LLP Adviser
Richard Tonthat
Elliot Hance +44 (0) 207382 Beaufort Securities Joint Broker
8300 Limited
Nick Emerson +44 (0) 1483 SI Capital Ltd Joint Broker
413 500
Tim Blythe/ +44 (0) 207 138 Blytheweigh Financial
Camilla Horsfall 3222 PR
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.
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: 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 28 July 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
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
holder)
Note: Provide details
of the circumstances * a trustee and beneficiary of the Lapun Kamap BB Super
giving rise to the Fund
relevant interest.
* a director and shareholder of MBB Trading Pty Ltd.
--------------------------- ------------------------------------------------------------------
Date of change 30 November 2017
--------------------------- ------------------------------------------------------------------
No. of securities
held before change * 6,173,340 CDIs
- Direct
* 100,000 AIM listed Shares
* 3,000,000 Unlisted options, exercise price 1.8 pence,
expiry 31/3/20.
--------------------------- ------------------------------------------------------------------
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.
* 11,873,689 CDIs
* 5,565,040 Unlisted Options, exercise price GBP0.0125,
expiry 11/4/19.
* 4,000,000 Unlisted Options, exercise price GBP0.0125,
expiry 26/7/19.
* 1,000,000 Unlisted options, exercise price 1.8 pence,
expiry 28/7/19.
Held by Mr M Billing and
Mrs B Billing as trustees
and beneficiaries of the
Lapun Kamap BB Super Fund.
* 1,000,000 CDIs
* 1,000,000 Unlisted options, exercise price 1.8 pence,
expiry 28/7/19.
Held by MBB Trading Pty Ltd
* 9,118,213 CDIs
* 3,200,000 Unlisted Options, exercise price GBP0.0125,
expiry 11/4/19.
* 1,000,000 Unlisted options, exercise price 1.8 pence,
expiry 28/7/19.
--------------------------- ------------------------------------------------------------------
Class
* CDIs
* Unlisted options, exercise price 1.2 pence, expiry
29/11/18.
--------------------------- ------------------------------------------------------------------
Number acquired - Nil.
Direct
--------------------------- ------------------------------------------------------------------
Number acquired -
Indirect * 1,500,000 CDIs to MBB Trading Pty Ltd.
* 750,000 CDIs to Mr M Billing and Mrs B Billing as
trustees and beneficiaries of the Lapun Kamap BB
Super Fund.
* 750,000 CDIs to Mr M Billing and Mrs B Billing as
trustees and beneficiaries of the Lapun Kamap Super
Fund.
* 1,500,000 Unlisted options (exercise price 1.2 pence,
expiry 29/11/18) to MBB Trading Pty Ltd.
* 750,000 Unlisted options (exercise price 1.2 pence,
expiry 29/11/18) to Mr M Billing and Mrs B Billing as
trustees and beneficiaries of the Lapun Kamap BB
Super Fund.
* 750,000 Unlisted options (exercise price 1.2 pence,
expiry 29/11/18) to Mr M Billing and Mrs B Billing as
trustees and beneficiaries of the Lapun Kamap Super
Fund.
--------------------------- ------------------------------------------------------------------
Number disposed N/A
--------------------------- ------------------------------------------------------------------
Value/Consideration
Note: If consideration * 0.8 pence per CDI, or total consideration of
is non-cash, provide GBP24,000.
details and estimated
valuation
* Nil. One free option for each share subscribed.
--------------------------- ------------------------------------------------------------------
No. of securities
held after change * 6,173,340 CDIs
- Direct
* 100,000 AIM listed Shares
* 3,000,000 Unlisted options, exercise price 1.8 pence,
expiry 31/3/20.
--------------------------- ------------------------------------------------------------------
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.
* 12,623,689 CDIs
* 5,565,040 Unlisted Options, exercise price GBP0.0125,
expiry 11/4/19.
* 4,000,000 Unlisted Options, exercise price GBP0.0125,
expiry 26/7/19.
* 1,000,000 Unlisted options, exercise price 1.8 pence,
expiry 28/7/19.
* 750,000 Unlisted Options, exercise price 1.2 pence,
expiry 29/11/18.
Held by Mr M Billing and
Mrs B Billing as trustees
and beneficiaries of the
Lapun Kamap BB Super Fund.
* 1,750,000 CDIs
* 1,000,000 Unlisted options, exercise price 1.8 pence,
expiry 28/7/19.
* 750,000 Unlisted Options, exercise price 1.2 pence,
expiry 29/11/18.
Held by MBB Trading Pty Ltd
* 10,618,213 CDIs
* 3,200,000 Unlisted Options, exercise price GBP0.0125,
expiry 11/4/19.
* 1,000,000 Unlisted options, exercise price 1.8 pence,
expiry 28/7/19.
* 1,500,000 Unlisted Options, exercise price 1.2 pence,
expiry 29/11/18.
--------------------------- ------------------------------------------------------------------
Nature of change
Example: on-market * Participation in a placement to sophisticated
trade, off-market investors in the UK, on the same terms as other
trade, exercise of investors. Director participation approved at a
options, issue of General Meeting on 29 November 2017.
securities under dividend
reinvestment plan,
participation in buy-back * Unlisted options issued on the basis of one free
option for each share subscribed for under the
placement noted above. On the same terms as other
investors.
--------------------------- ------------------------------------------------------------------
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 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?
------------------------- ----
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 10 November 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 * Mrs M Johnson (spouse)
holder)
Note: Provide details
of the circumstances * Value Generation Limited, a company 50% owned by Mr P
giving rise to the relevant Johnson and 50% owned by Mrs M Johnson.
interest.
---------------------------------- -------------------------------------------------------------
Date of change 30 November 2017
---------------------------------- -------------------------------------------------------------
No. of securities held
prior to change - Direct * 22,402,649 Ordinary Shares (AIM listed)
* 3,200,000 Unlisted Options, exercise price GBP0.0125,
expiry 1/10/18.
* 5,000,000 Unlisted options, exercise price 1.8 pence,
expiry 28/7/19.
* 3,000,000 Unlisted options, exercise price 1.8 pence,
expiry 31/3/20.
---------------------------------- -------------------------------------------------------------
No. of securities held
prior to 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.
---------------------------------- -------------------------------------------------------------
Class
* Ordinary Shares
* Unlisted options, exercise price 1.2 pence, expiry
29/11/18.
---------------------------------- -------------------------------------------------------------
Number acquired - Direct N/A
---------------------------------- -------------------------------------------------------------
Number acquired - Indirect Value Generation Limited
* 3,125,000 Ordinary Shares
* 3,125,000 Unlisted options, exercise price 1.2 pence,
expiry 29/11/18.
---------------------------------- -------------------------------------------------------------
Number disposed N/A
---------------------------------- -------------------------------------------------------------
Value/Consideration
Note: If consideration * 0.8 pence per CDI, or total consideration of
is non-cash, provide GBP25,000.
details and estimated
valuation
* Nil. One free option for each share subscribed.
---------------------------------- -------------------------------------------------------------
No. of securities held
after change - Direct * 22,402,649 Ordinary Shares (AIM listed)
* 3,200,000 Unlisted Options, exercise price GBP0.0125,
expiry 1/10/18.
* 5,000,000 Unlisted options, exercise price 1.8 pence,
expiry 28/7/19.
* 3,000,000 Unlisted options, exercise price 1.8 pence,
expiry 31/3/20.
---------------------------------- -------------------------------------------------------------
No. of securities held
after change - Indirect * 4,600,000 Ordinary Shares (AIM listed) held by Mrs M
Johnson.
Value Generation Limited:
* 4,125,000 Ordinary Shares (AIM listed) held by Value
Generation Limited.
* 3,125,000 Unlisted options, exercise price 1.2 pence,
expiry 29/11/18.
---------------------------------- -------------------------------------------------------------
Nature of change
Example: on-market trade, * Participation in a placement to sophisticated
off-market trade, exercise investors in the UK, on the same terms as other
of options, issue of investors. Director participation approved at a
securities under dividend General Meeting on 29 November 2017.
reinvestment plan, participation
in buy-back
* Unlisted options issued on the basis of one free
option for each share subscribed for under the
placement noted above. On the same terms as other
investors.
---------------------------------- -------------------------------------------------------------
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 No.
in the 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?
--------------------------- ----
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 Michael Billing
Details of legal persons:
(a) Lapun Kamap Super Fund
(Michael Billing is a trustee
and beneficiary).
(b) Lapun Kamap BB Super
Fund (Michael Billing is
a trustee and beneficiary).
(c) MBB Trading Pty Ltd (Michael
Billing is a director and
shareholder).
----- ----------------------------- ---------------------------------------------
2 Reason for the notification
----- ----------------------------------------------------------------------------
a) Position/status Executive Chairman
----- ----------------------------- ---------------------------------------------
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 213800WO61Y9GPALD478
----- ----------------------------- ---------------------------------------------
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 Ordinary shares of 0.01 pence
the financial each
instrument, type
of instrument
-----
Identification GB00BD0NBV71
code
b) Nature of the Participation in a placement,
transaction on the same terms as other
investors.
Ordinary Shares allotted
as follows:
(a) Lapun Kamap Super Fund
750,000.
(b) Lapun Kamap BB Super
Fund 750,000.
(c) MBB Trading Pty Ltd 1,500,000.
----- ----------------------------- ---------------------------------------------
.c) Price(s) and volume(s)
----- --------------------- -------------------
Price(s) Volume(s)
----- --------------------- -------------------
0.8 pence 3,000,000
--------------------------------------------------------- -------------------
d) Aggregated information
-----
- Aggregated volume Aggregate volume: 3,000,000
- Price Aggregate price: 0.8 pence
Aggregate total: GBP24,000.00
e) Date of the transaction 30 November 2017
----- ----------------------------- ---------------------------------------------
f) Place of the transaction London Stock Exchange's AIM
Market
----- ----------------------------- ---------------------------------------------
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
Details of legal persons:
Value Generation Limited
(50% owned by Mr P Johnson
and 50% owned by Mrs M Johnson.).
---- ----------------------------- -----------------------------------------
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 213800WO61Y9GPALD478
---- ----------------------------- -----------------------------------------
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 Ordinary shares of 0.01 pence
the financial each
instrument, type
of instrument
----
Identification GB00BD0NBV71
code
b) Nature of the Participation in a placement,
transaction on the same terms as other
investors.
---- ----------------------------- -----------------------------------------
c) Price(s) and volume(s)
---- ------------------- -----------------
Price(s) Volume(s)
---- ------------------- -----------------
0.8 pence 3,125,000
------------------------------------------------------ -----------------
d) Aggregated information
----
- Aggregated volume Aggregate volume: 3,125,000
- Price Aggregate price: 0.8 pence
Aggregate total: GBP25,000.00
e) Date of the transaction 30 November 2017
---- ----------------------------- -----------------------------------------
f) Place of the transaction London Stock Exchange's AIM
Market
---- ----------------------------- -----------------------------------------
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 Michael Billing
Details of legal persons:
(a) Lapun Kamap Super Fund
(Michael Billing is a trustee
and beneficiary).
(b) Lapun Kamap BB Super
Fund (Michael Billing is
a trustee and beneficiary).
(c) MBB Trading Pty Ltd (Michael
Billing is a director and
shareholder).
----- -------------------------- ---------------------------------------------
2 Reason for the notification
----- -------------------------------------------------------------------------
a) Position/status Executive Chairman
----- -------------------------- ---------------------------------------------
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 213800WO61Y9GPALD478
----- -------------------------- ---------------------------------------------
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 Warrants over ordinary shares
the financial of 0.01 pence each expiring
instrument, type on 29 November 2018
of instrument
-----
Identification GB00BD0NBV71
code
b) Nature of the Warrants granted to subscribers
transaction in a placement.
Warrants over ordinary shares
allotted as follows:
(a) Lapun Kamap Super Fund
750,000.
(b) Lapun Kamap BB Super
Fund 750,000.
(c) MBB Trading Pty Ltd 1,500,000.
----- -------------------------- ---------------------------------------------
.c) Price(s) and volume(s)
----- ------------------------- ---------------
Price(s) Volume(s)
----- ------------------------- ---------------
Exercise price:
1.2 pence 3,000,000
---------------------------------------------------------- ---------------
d) Aggregated information
-----
- Aggregated volume NA
- Price
e) Date of the transaction 30 November 2017
----- -------------------------- ---------------------------------------------
f) Place of the transaction Outside of a trading venue
----- -------------------------- ---------------------------------------------
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
Details of legal persons:
Value Generation Limited
(50% owned by Mr P Johnson
and 50% owned by Mrs M Johnson.).
---- -------------------------- -----------------------------------------
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 213800WO61Y9GPALD478
---- -------------------------- -----------------------------------------
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 Warrants over ordinary shares
the financial of 0.01 pence each expiring
instrument, type on 29 November 2018
of instrument
----
Identification GB00BD0NBV71
code
b) Nature of the Warrants granted to subscribers
transaction in a placement
---- -------------------------- -----------------------------------------
c) Price(s) and volume(s)
---- ----------------------- -------------
Price(s) Volume(s)
---- ----------------------- -------------
Exercise price:
1.2 pence 3,125,000
------------------------------------------------------- -------------
d) Aggregated information
----
- Aggregated volume NA
- Price
e) Date of the transaction 30 November 2017
---- -------------------------- -----------------------------------------
f) Place of the transaction Outside a trading venue
---- -------------------------- -----------------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
DSHURUKRBAAAORA
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