Thor Mining PLC Director/PDMR Shareholding (0247N)

TIDMTHR

RNS Number : 0247N

Thor Mining PLC

03 August 2017

Thursday, 3 August 2017

THOR MINING PLC

("Thor" or the "Company")

Director/PDMR Shareholding

The Company was informed by Paul Johnson on 2 August 2017 that he had acquired 500,000 ordinary shares of 0.01 pence each in the capital of the Company ("Ordinary Shares") at a price of 0.85 pence each on 2 August 2017 ("Ordinary Shares").

Following the above mentioned acquisition, Paul Johnson and his closely associated persons are beneficially interested in 16,502,649 Ordinary Shares, representing 3.89 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    Thor Mining          Executive 
                         1935        PLC                  Chairman 
Ray Ridge           +61 (8) 7324    Thor Mining          CFO/Company 
                         1935        PLC                  Secretary 
Colin Aaronson/    [phone]  Grant Thornton       Nominated 
 Daniel Bush/            5100        UK LLP               Adviser 
 Richard Tonthat 
Elliot Hance        [phone]  Beaufort Securities  Joint Broker 
                     8300            Limited 
Nick Emerson        +44 (0) 1483    SI Capital Ltd       Joint Broker 
 / Andy Thacker        413 500 
Tim Blythe/        [phone]  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.

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 
----  -----------------------------  ------------------------------------ 
 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                 Ordinary shares of 0.01 pence 
        the financial                  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) 
----                                  ------------------  ------------- 
    0.85 pence                                             500,000 
   -----------------------------------------------------  ------------- 
 
 d)    Aggregated information 
---- 
 
  - Aggregated volume            Aggregate volume: 500,000 
                                  Aggregate price: 0.85 pence 
                                  Aggregate total: GBP4,250.00 
 
  - Price 
 
 e)    Date of the transaction        2 August 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   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

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                      2 August 2017 
----------------------------------  ------------------------------------------------------------- 
 No. of securities held 
  prior to change - Direct             *    10,402,649 Ordinary Shares (AIM listed) 
 
 
                                       *    3,200,000 Unlisted Options, exercise price GBP0.0125, 
                                            expiry 1/10/18. 
 
 
                                       *    10,000,000 Unlisted Options, exercise price 
                                            GBP0.0125, expiry 2/9/19. 
 
 
                                       *    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 
 
----------------------------------  ------------------------------------------------------------- 
 Number acquired - Direct 
                                       *    500,000 Ordinary Shares 
----------------------------------  ------------------------------------------------------------- 
 Number acquired - Indirect          N/A 
----------------------------------  ------------------------------------------------------------- 
 Number disposed                     N/A 
----------------------------------  ------------------------------------------------------------- 
 Value/Consideration 
  Note: If consideration               *    0.85 pence per Ordinary Share, or total consideration 
  is non-cash, provide                      of GBP4,250. 
  details and estimated 
  valuation 
----------------------------------  ------------------------------------------------------------- 
 No. of securities held 
  after change - Direct                *    10,902,649 Ordinary Shares (AIM listed) 
 
 
                                       *    3,200,000 Unlisted Options, exercise price GBP0.0125, 
                                            expiry 1/10/18. 
 
 
                                       *    10,000,000 Unlisted Options, exercise price 
                                            GBP0.0125, expiry 2/9/19. 
 
 
                                       *    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 
 
 
                                       *    1,000,000 Ordinary Shares (AIM listed) held by Value 
                                            Generation Limited 
----------------------------------  ------------------------------------------------------------- 
 Nature of change 

  Example: on-market trade,            *    On market purchase (AIM market, London). 
  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           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? 
---------------------------  ---- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

DSHUOAKRBSAWRRR

(END) Dow Jones Newswires

August 03, 2017 05:17 ET (09:17 GMT)