Aura Energy Limited Issue of Equity and Director Dealings (3260O)

TIDMAURA

RNS Number : 3260O

Aura Energy Limited

18 August 2017

 
    AURA ENERGY LIMITED 
  ("Aura" or the "Company") 
 

Issue of Ordinary Shares Pursuant to Contract of Employment

Aura wishes to inform the market of the following change in the number of fully paid ordinary shares on issue of no par value:

   Number of ordinary shares to be issued                                                   927,766 
   Total number of ordinary shares on issue following the issue          793,735,890 

Ordinary shares held in Treasury NIL

   Expected Admission date                                                              31 August 2017 

The Company issued fully paid ordinary shares to Mr PD Reeve, its Executive Chairman and Managing Director, pursuant to a Contract of Employment.

377,732 fully paid ordinary shares were issued at 3.54 Australian cents for the quarter 1 January 2017 to 31 March 2017 and 550,034 fully paid ordinary shares were issued at 2.43 Australian cents for the quarter 1 April 2017 to 30 June 2017.

The issue price represents the volume-weighted average price for each quarter.

Following the expected admission of these shares on 31 August 2017, the total number of ordinary shares in issue will be 793,735,890 with each share carrying the right to one vote. The figure (793,735,890) may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Disclosure and Transparency Rules.

For more information please visit www.auraenergy.com.au or contact the following:

 
Aura Energy Limited       Telephone: [phone] 
 Peter Reeve (Executive    6500 
 Chairman)                 [e-mail] 
WH Ireland Limited        Telephone: +44 (0) 207 
 Adrian Hadden             220 1666 
 Katy Mitchell 
 James Bavister 
Yellow Jersey PR Limited  Telephone: 
 Felicity Winkles          [phone] 
 Joe Burgess               [phone] 
------------------------  ----------------------- 
 

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

 
 1    Details of the person discharging managerial responsibilities/person closely associated 
---  --------------------------------------------------------------------------------------------------------- 
 a)   Name                                                          Peter Reeve 
---  ------------------------------------------------------------  ------------------------------------------- 
 2    Reason for the notification 
---  --------------------------------------------------------------------------------------------------------- 
 a)   Position/status                                               Executive Chairman, Aura Energy Limited 
---  ------------------------------------------------------------  ------------------------------------------- 
 b)   Initial notification/ Amendment                               Initial Notification 
---  ------------------------------------------------------------  ------------------------------------------- 
 3    Details of the issuer, emission allowance market participant, auction platform, auctioneer 
       or auction monitor 
---  --------------------------------------------------------------------------------------------------------- 
 a)   Name                                                          Aura Energy Limited 
---  ------------------------------------------------------------  ------------------------------------------- 
 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 financial instrument, type of instrument   Ordinary shares of no par value 
 
       Identification code 
                                                                     ISIN: AU000000AEE7 TIDM: AURA 
---  ------------------------------------------------------------  ------------------------------------------- 
 b)   Nature of the transaction                                     Issue of shares pursuant to contract 
---  ------------------------------------------------------------  ------------------------------------------- 
 c)   Price(s) and volume(s)                                         Price(s)                  Volume(s) 
                                                                     ------------------------  ---------- 
                                                                      3.54 Australian cents     377,732 
                                                                       2.43 Australian cents     550,034 
                                                                     ------------------------  ---------- 
---  ------------------------------------------------------------  ------------------------------------------- 
 d)    Aggregated information 
         *    Aggregated volume                                      927,766 
                                                                      2.88 Australian cents (weighted average) 
 
         *    Price 
---  ------------------------------------------------------------  ------------------------------------------- 
 e)   Date of the transaction                                       10 August 2017 
---  ------------------------------------------------------------  ------------------------------------------- 
 f)   Place of the transaction                                      London Stock Exchange, AIM 
---  ------------------------------------------------------------  ------------------------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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August 18, 2017 02:00 ET (06:00 GMT)