Aura Energy Limited Director/PDMR Shareholding

 
TIDMAURA 
 
AURA ENERGY LIMITED 
                           ("Aura" or the "Company") 
 
                              Director's Dealing 
 
Director's Deaings 
 
Aura wishes to inform the market that at the Annual General Meeting of 
Shareholders on 30 November 2017 at which time, all resolutions were passed, 
shareholders approved a resolution which cancelled 35 million options over 
ordinary shares, comprising five tranches at various expiry dates and exercise 
prices, previously granted to Mr Peter Reeve on 10 June 2015 and simultaneously 
approved the award of 35 million performance rights to Mr Reeve. 
 
The performance rights comprise of two tranches of 17,500,000 performance 
rights each with the first tranche vesting on 30 November 2018 and the second 
tranche vesting on 30 November 2019. 
 
On vesting the performance rights will convert into fully paid ordinary shares 
and rank equally with ordinary shares on issue.  No consideration will be 
payable on conversion of the performance rights into fully paid ordinary 
shares. 
 
Mr Reeve is the Executive Chairman/Chief Executive Officer of Aura Energy 
Limited, and holds both directly and indirectly, 12,812,365 ordinary shares, 
representing 1.5% of the Company's issued share capital. The Company would like 
to note that this action will not alter the number of Ordinary Shares currently 
in issue, which stands at 849,560,890 fully paid ordinary shares with voting 
rights attached (one vote per ordinary share). There are no shares held by the 
Company in treasury.  The number of shares in issue may be used by shareholders 
as the denominator for the calculations by which they will determine whether 
they are required to notify their interests in, or a change to their interest 
in, the Company. 
 
For further information contact: 
 
 
Aura Energy Limited                   Telephone: [phone] 
Peter Reeve (Executive Chairman and   Email: [e-mail] 
CEO) 
 
 
WH Ireland Limited                    Telephone: [phone] 
Adrian Hadden 
Katy Mitchell 
James Sinclair-Ford 
 
 
Yellow Jersey                         Telephone: [phone] 
Charles Goodwin 
Joe Burgess 
 
   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 Desmond Reeve 
 
2       Reason for the notification 
 
a)      Position/status         Executive Chairman/Chief Executive Officer 
 
b)      Initial notification/   Initial Notification 
        Amendment 
 
3       Details of the issuer, emission allowance market participant, auction platform, 
        auctioneer or auction monitor 
 
a)      Name                    Aura Energy Limited 
 
b)      LEI                     5493003D06RIWKIKA27 
 
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      Performance Rights 
        financial instrument, 
        type of instrument 
                                ISIN: AU000000AEE7 TIDM: AURA 
        Identification code 
 
b)      Nature of the           Award of Performance Rights comprising: 
        transaction              Tranche 1 17,500,000 performance rights vesting 30/11/18; and 
                                 Tranche 2 17,500,000 performance rights vesting 30/11/19 
 
c)      Price(s) and volume(s)  Price(s)                                 Volume(s) 
 
 
d)      Aggregated information 
 
e)      Date of the transaction 30 November 2017 
 
f)      Place of the            Australian Securities Exchange 
        transaction 
 
 
 
END 
 

(END) Dow Jones Newswires

December 07, 2017 05:24 ET (10:24 GMT)