Danakali Limited Change of Director's Interest Notice (5273D)

TIDMDNK

RNS Number : 5273D

Danakali Limited

20 February 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                14 June 2019 
                                   ---------------------------------- 
 

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) Kongming Investments Ltd 
               (including registered holder)            - Director of the Company 
               Note: Provide details of the             (c) Sino West Assets Ltd - 
               circumstances giving rise to             Director of the Company 
               the relevant interest.                   (d) Seamus Ignatius Quan Cornelius 
                                                        - Son of Seamus Ian Cornelius 
                                                      ---------------------------------------- 
              Date of change                           19 February 2020 
                                                      ---------------------------------------- 
              No. of securities held prior             Direct Holding 
               to change                                (a) 4,831,664 fully paid ordinary 
                                                        shares 
 
                                                        (a) 300,000 unlisted options 
                                                        (remuneration) at $0.94, expiring 
                                                        on 19/05/2020 
 
                                                        Indirect Holding 
                                                        (b) 4,178,992 fully paid ordinary 
                                                        shares 
 
                                                        (c) 1,318,309 fully paid 
                                                        ordinary shares 
 
                                                        (d) 301,040 unlisted options 
                                                        (remuneration) at $1.031, 
                                                        expiring on 24/01/2022 
                                                      ---------------------------------------- 
              Class                                                 Ordinary shares 
                                                      ---------------------------------------- 
              Number acquired                                       62,960 
                                                      ---------------------------------------- 
              Number disposed                          Nil 
                                                      ---------------------------------------- 
              Value/Consideration 
               Note: If consideration is non-cash, 
               provide details and estimated 
               valuation                                            $35,716.91 
                                                      ---------------------------------------- 
              No. of securities held after                  Direct Holding 
               change                                        (a) 4,894,624 fully paid ordinary 
                                                             shares 
 
                                                             (a) 300,000 unlisted options 
                                                             (remuneration) at $0.94, expiring 
                                                             on 19/05/2020 
 
                                                             Indirect Holding 
                                                             (b) 4,178,992 fully paid ordinary 
                                                             shares 
 
                                                             (c) 1,318,309 fully paid 
                                                             ordinary shares 
 
                                                             (d) 301,040 unlisted options 
                                                             (remuneration) at $1.031, 
                                                             expiring on 24/01/2022 
                                                      ---------------------------------------- 
              Nature of change                                      On market purchase. 
               Example: on-market trade, 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              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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END

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February 20, 2020 02:00 ET (07:00 GMT)