Wolf Minerals Limited Appendix 3Y (4655T)

TIDMWLFE

RNS Number : 4655T

Wolf Minerals Limited

04 July 2018

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 WOLF MINERALS LIMITED 
   ABN 11 121 831 472 
 

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                                Mr Richard Lucas 
              Date of last notice                12 December 2017 
                                   ------------------------------ 
 

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             Indirect 
              Nature of indirect interest                          n/a 
               (including registered holder) 
               Note: Provide details of the 
               circumstances giving rise to 
               the relevant interest. 
                                                     ------------------------------------------------ 
              Date of change                                       3 July 2018 
                                                     ------------------------------------------------ 
              No. of securities held prior                         Direct: 
               to change                                            58,800 Fully paid Ordinary 
                                                                    Shares 
 
                                                                    Indirect: 
                                                                    16,667 Fully paid Ordinary 
                                                                    Shares held in name of K Anderson 
                                                                    (spouse) 
                                                     ------------------------------------------------ 
              Class                                                Fully Paid Ordinary Shares 
                                                     ------------------------------------------------ 
              Number acquired                                      Nil 
                                                     ------------------------------------------------ 
              Number disposed                                      Nil 
                                                     ------------------------------------------------ 
              Value/Consideration                                  Nil 
               Note: If consideration is non-cash, 
               provide details and estimated 
               valuation 
                                                     ------------------------------------------------ 
              No. of securities held after                         Direct: 
               change                                               58,800 Fully paid Ordinary 
                                                                    Shares 
 
                                                                    Indirect: 
                                                                    16,667 Fully paid Ordinary 
                                                                    Shares held in name of K Anderson 
                                                                    (spouse) 
                                                     ------------------------------------------------ 
              Nature of change                                     See Part 2 below. 
               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                         Participation in the Company's long 
                                                          term incentive plan known as the 
                                                          Performance Rights Plan ("PRP") in 
                                                          accordance with the Managing Director's, 
                                                          Mr Richard Lucas, contract of employment 
                                                          and the subsequent issue of Performance 
                                                          Rights by the Company to Mr Lucas, 
                                                          on various dates following approval 
                                                          by shareholders. 
              Nature of interest                         Details of the Performance Rights 
                                                          Plan and the vesting conditions were 
                                                          most recently contained in the Company's 
                                                          Notice of 2017 Annual General Meeting 
                                                          and accompanying Explanatory Memorandum 
                                                          released to the ASX on 20 October 
                                                          2017. 
                                           ------------------------------------------------------- 
              Name of registered holder                  The Performance Rights are not securities 
               (if issued securities)                     and have not yet vested. If and when 
                                                          the Performance Rights vest Mr Lucas 
                                                          may choose to have the resultant 
                                                          shares issued to him or a nominee. 
                                           ------------------------------------------------------- 
              Date of change                             3 July 2018 
                                           ------------------------------------------------------- 
              No. and class of securities 
               to which interest related                   Nil 
               prior to change 
               Note: Details are only 
               required for a contract 
               in relation to which 
               the interest has changed 
                                           ------------------------------------------------------- 
              Interest acquired 
                                           ------------------------------------------------------- 
              Interest disposed                          Cancellation of 273,350 performance 
                                                          rights with a vesting date of 30 
                                                          June 2018 due to failure to meet 
                                                          vesting conditions. 
                                           ------------------------------------------------------- 
              Value/Consideration                        The Performance Rights were issued 
               Note: If consideration                     for nil cash consideration. 
               is non-cash, provide 
               details and an estimated 
               valuation 
                                           ------------------------------------------------------- 
              Interest after change                      4,403,182 Performance Rights 
                                           ------------------------------------------------------- 
 

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                      Not applicable 
               provided to allow the trade to proceed 
               during this period? 
                                                        ---------------------------- 
              If prior written clearance was provided,   Not applicable 
               on what date was this provided? 
                                                        ---------------------------- 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

END

IOEUGUQPMUPRGWW

(END) Dow Jones Newswires

July 04, 2018 02:00 ET (06:00 GMT)