Wolf Minerals Limited Cancellation of Lapsed Performance Rights (1607F)

TIDMWLFE

RNS Number : 1607F

Wolf Minerals Limited

16 May 2017

16 May 2017

Wolf Minerals Limited

Cancellation of Lapsed Performance Rights

Specialty metals producer, Wolf Minerals Limited (ASX: WLF, AIM: WLFE) (Wolf or the Company) wishes to advise of the cancellation of the following performance rights, issued under Company's long term incentive, the Performance Rights Plan (the Plan), which have lapsed due to the departure of Plan participants.

 
  Number     Details of Cancelled Performance 
              Rights 
----------  ---------------------------------- 
    64,026   Performance rights with a vesting 
              date of 30 June 2020 
----------  ---------------------------------- 
 2,062,902   Performance rights with a vesting 
              date of 30 June 2021 
----------  ---------------------------------- 
 

The Company's current capital structure is as follows:

 
    Number       Class 
--------------  ---------------------------------- 
 1,085,686,434   Fully Paid Ordinary Shares 
--------------  ---------------------------------- 
       273,350   Performance rights with a vesting 
                  date of 30 June 2018 
--------------  ---------------------------------- 
       954,623   Performance rights with a vesting 
                  date of 30 June 2019 
--------------  ---------------------------------- 
     1,086,394   Performance rights with a vesting 
                  date of 30 June 2020 
--------------  ---------------------------------- 
       152,778   Performance rights with an expiry 
                  of 22 December 2020 
--------------  ---------------------------------- 
       760,897   Performance rights with a vesting 
                  date of 30 June 2021 
--------------  ---------------------------------- 
 

ENDS

 
Numis Securities: John Prior/James     +44(0) 20 
 Black/Paul Gillam                      7260 1000 
                                       +44 (0) 20 
Newgate: Adam Lloyd / Ed Treadwell      7653 9850 
                                       +61 (0) 8 
Wolf Minerals Limited: Richard Lucas    6143 2070 
 

About Wolf Minerals

Wolf Minerals is a dual listed ("ASX: WLF", "AIM: WLFE") specialty metals producer. In 2015, Wolf Minerals completed the development of a large tungsten resource at its Drakelands Mine, located at Hemerdon, in southwest England.

This information is provided by RNS

The company news service from the London Stock Exchange

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May 16, 2017 02:00 ET (06:00 GMT)