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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Wolf Minerals | LSE:WLFE | London | Ordinary Share | AU000000WLF3 | ORD NPV (DI) |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 1.40 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMWLFE
RNS Number : 0247T
Wolf Minerals Limited
29 June 2018
29 June 2018
Wolf Minerals Limited
("Wolf" or the "Company")
Issue of Equity and Change of Directors' Interests
Issue of Shares
Wolf Minerals Limited announces that on 29 June 2018 a total of 715,503 fully paid ordinary shares of no par value ("the Shares") were issued.
A total of 715,503 Shares were issued to certain directors (or persons closely associated with them) in lieu of part fees for the quarter ended 30 June 2018 under the Company's Directors' Share Plan ("the Plan") as approved by shareholders on 28 November 2017. Under the Plan, non-executive directors receive a portion of their fees in shares, allowing the Company to preserve its cash reserves. These new shares were issued at a price of AUD $0.0587 (equivalent to approximately 3.3 pence) per Share.
Shares Total resulting holding Director issued in the Company (%) ------------------ -------- ------------------------ ----- Mr John Hopkins OAM 204,428 1,939,778 0.18 Mr Ronnie Beevor 102,215 1,152,893 0.11 Mr Don Newport 102,215 802,893 0.07 Mr Nicholas Clarke 102,215 802,893 0.07
102,215 Shares have been issued to each of Resource Capital Funds Management Pty Ltd and TTI (NZ) Limited under the Plan in respect of part director fees due to their respective Board representatives, Mr Chris Corbett and Mr Michael Wolley.
Application has been made for the 715,503 Shares to be admitted to AIM and on the Australian Securities Exchange ("ASX") ("Admission"). Admission to trading on AIM of these Shares is expected to become effective on 5 July 2018. The Shares will rank pari passu with the Company's existing Shares.
Following Admission, the number of ordinary shares on issue and admitted to trading on AIM and the ASX will be 1,090,084,333.
ENDS
Wolf Minerals Limited
Richard Lucas + 44 (0) 17 5239 3235
Numis Securities
John Prior / James Black / Paul Gillam +44(0)20 7260 1000
Newgate
Adam Lloyd / Ed Treadwell +44 (0) 20 7653 9850
About Wolf Minerals
Wolf Minerals is a dual listed (ASX: WLF, AIM: WLFE) specialty metals producer. In 2015, Wolf Minerals completed the development of a large tungsten resource at its Drakelands Mine, located at Hemerdon, in southwest England.
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 rns@lseg.com or visit www.rns.com.
END
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(END) Dow Jones Newswires
June 29, 2018 02:57 ET (06:57 GMT)
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