Danakali Limited Change of Director's Interest Notice (9411L)

TIDMDNK

RNS Number : 9411L

Danakali Limited

05 May 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  21 February 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) 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                          1 May 2020 and 4 May 2020 
No. of securities held prior            Direct Holding 
 to change                               (a) 4,909,494 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                         44,603 
Number disposed                         Nil 
Value/Consideration 
 Note: If consideration is non-cash, 
 provide details and estimated 
 valuation                              $16,497.60 
No. of securities held after            Direct Holding 
 change                                  (a) 4,954,097 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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May 05, 2020 05:22 ET (09:22 GMT)