Danakali Limited Appendix 3Y (6423X)

TIDMDNK

RNS Number : 6423X

Danakali Limited

01 September 2020

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 DANAKALI LTD 
ABN 56 097 904 302 
 

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                                Seamus Ian Cornelius 
              Date of last notice                12 June 2020 
                                   ---------------------------------- 
 

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                   (a) Direct 
                                                             (b) Indirect 
                                                             (c) Indirect 
                                                             (d) Indirect 
              Nature of indirect interest             (b) Sino West Assets Ltd - 
               (including registered holder)           Director of the Company 
               Note: Provide details of the            (c) Seamus Ignatius Quan Cornelius 
               circumstances giving rise to            - Son of Seamus Ian Cornelius 
               the relevant interest.                  (d) Sima QXX Superannuation 
                                                       Fund 
                                                     ------------------------------------------ 
              Date of change                          31 August 2020 
                                                     ------------------------------------------ 
              No. of securities held prior            Direct Holding 
               to change                               (a) 9,183,089 fully paid ordinary 
                                                       shares 
 
                                                       Indirect Holding 
                                                       (b) 4,308,037 fully paid 
                                                       ordinary shares 
 
                                                       (c) 301,040 unlisted options 
                                                       (remuneration) at $1.031, 
                                                       expiring on 24/01/2022 
                                                     ------------------------------------------ 
              Class                                                Fully paid ordinary shares 
                                                     ------------------------------------------ 
              Number acquired                                      (d) 600,000 
                                                     ------------------------------------------ 
              Number disposed                                      (a) 600,000 
                                                     ------------------------------------------ 
              Value/Consideration                     (d) Acquired for $282,000 
               Note: If consideration is non-cash,     (a) Disposed of for $282,000 
               provide details and estimated 
               valuation 
                                                     ------------------------------------------ 
              No. of securities held after                 Direct Holding 
               change                                       (a) 8,583,089 fully paid ordinary 
                                                            shares 
 
                                                            Indirect Holding 
                                                            (b) 4,308,037 fully paid 
                                                            ordinary shares 
 
                                                            (c) 301,040 unlisted options 
                                                            (remuneration) at $1.031, 
                                                            expiring on 24/01/2022 
 
                                                            (d) 600,000 fully paid ordinary 
                                                            shares 
                                                     ------------------------------------------ 
              Nature of change                                     Off market transfer of fully 
               Example: on-market trade, off-market                 paid ordinary shares from 
               trade, exercise of options,                          direct to indirect interest 
               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              N/A 
              Nature of interest                           N/A 
                                             ----------------- 
              Name of registered holder                    N/A 
               (if issued securities) 
                                             ----------------- 
              Date of change                               N/A 
                                             ----------------- 
              No. and class of securities                  N/A 
               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                            N/A 
                                             ----------------- 
              Interest disposed                            N/A 
                                             ----------------- 
              Value/Consideration                          N/A 
               Note: If consideration 
               is non-cash, provide details 
               and an estimated valuation 
                                             ----------------- 
              Interest after change                        N/A 
                                             ----------------- 
 

Part 3 - + Closed period

 
              Were the interests in the securities          No 
               or contracts detailed above traded during 
               a + closed period where prior written 
               clearance was required? 
              If so, was prior written clearance provided   N/A 
               to allow the trade to proceed during 
               this period? 
                                                           ---- 
              If prior written clearance was provided,      N/A 
               on what date was this provided? 
                                                           ---- 
 

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September 01, 2020 04:00 ET (08:00 GMT)