MOD Resources Limited Appendix 3Y (7854D)

TIDMMOD

RNS Number : 7854D

MOD Resources Limited

28 June 2019

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 MOD Resources Limited 
ABN 78 003 103 544 
 

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                                Mark Clements 
              Date of last notice                30 May 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      Direct and Indirect 
              Nature of indirect interest                   Mark Clements is a director 
               (including registered holder)                 and beneficiary of Balion Pty 
               Note: Provide details of the                  Ltd <ATF Clements Family Trust> 
               circumstances giving rise to 
               the relevant interest. 
                                              ------------------------------------------------ 
              Date of change                                26 June 2019 
                                              ------------------------------------------------ 
              No. of securities held prior                  Direct 
               to change                                     13,661 fully paid ordinary 
                                                             shares 
                                                             400,000 Performance Rights 
                                                             expiring 21 February 2022 
                                                             Indirect 
                                                             Balion Pty Ltd <ATF Clements 
                                                             Family Trust> 
                                                             3,924,250 fully paid ordinary 
                                                             shares 
                                                             325,000 unlisted $0.457 options 
                                                             expiring 30 January 2023 with 
                                                             vesting conditions 
                                                             325,000 unlisted $0.707 options 
                                                             expiring 30 January 2023 with 
                                                             vesting conditions 
                                                             325,000 unlisted $0.907 options 
                                                             expiring 30 January 2023 with 
                                                             vesting conditions 
                                                             885,000 unlisted $0.435 options 
                                                             expiring 29 May 2023 with vesting 
                                                             conditions 
                                              ------------------------------------------------ 
              Class                             Fully Paid Ordinary Shares 
                                              ------------------------------------------------ 
 
 
              Number acquired                                       126,130 fully paid ordinary shares 
              Number disposed                                       Nil 
                                                      ---------------------------------------------------- 
              Value/Consideration 
               Note: If consideration is non-cash, 
               provide details and estimated 
               valuation                               $43,059 
                                                      ---------------------------------------------------- 
              No. of securities held after                          Direct 
               change                                                13,661 fully paid ordinary shares 
                                                                     400,000 Performance Rights expiring 
                                                                     21 February 2022 
                                                                     Indirect 
                                                                     Balion Pty Ltd <ATF Clements Family 
                                                                     Trust> 
                                                                     4,050,380 fully paid ordinary shares 
                                                                     325,000 unlisted $0.457 options 
                                                                     expiring 30 January 2023 with vesting 
                                                                     conditions 
                                                                     325,000 unlisted $0.707 options 
                                                                     expiring 30 January 2023 with vesting 
                                                                     conditions 
                                                                     325,000 unlisted $0.907 options 
                                                                     expiring 30 January 2023 with vesting 
                                                                     conditions 
                                                                     885,000 unlisted $0.435 options 
                                                                     expiring 29 May 2023 with vesting 
                                                                     conditions 
                                                      ---------------------------------------------------- 
              Nature of change                                      Issue of shares pursuant to Company's 
               Example: on-market trade, off-market                  Employee Incentive Plan approved 
               trade, exercise of options,                           by shareholders at the meeting held 
               issue of securities under dividend                    29 May 2019. 
               reinvestment plan, participation 
               in buy-back 
                                                      ---------------------------------------------------- 
 

Part 2 - Change of director's interests in contracts - N/A

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     N/A 
               provided to allow the trade 
               to proceed during this period? 
                                                    ---- 
              If prior written clearance             N/A 
               was provided, on what date 
               was this provided? 
                                                    ---- 
 

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END

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June 28, 2019 02:01 ET (06:01 GMT)