Last checked at 5 Apr 2017 08:53
Aura Energy Limited - Exercise of Options and Director’s DealingsAura Energy Limited - Exercise of Options and Director’s Dealings
PR Newswire
London, April 5
AURA ENERGY LIMITED(“Aura” or the “Company”)
Exercise of Options and Director’s Dealings
Aura wishes to inform the market of the following change in the number of fully paid ordinary shares on issue of no par value:
Number of ordinary shares to be issued 450,337
Total number of ordinary shares on issue following the issue 792,808,124
Ordinary shares held in Treasury NIL
Expected Admission date 19 April 2017
Pursuant to a Contract of Employment between the Company and Mr PD Reeve, the Executive Chairman and Managing Director, Mr Reeve is entitled to quarterly share-based payments of A$25,000 before tax. The issue of shares set out above relates to the issue of fully paid ordinary shares for the quarter 1 October 2016 to 31 December 2016 with the pricing of the shares at the VWAP. The VWAP for the above-mentioned period was 2.97 Australian cents per fully paid ordinary share.
For more information please visit www.auraenergy.com.au or contact the following:
| Aura Energy Limited Peter Reeve (Executive Chairman) | Telephone: +61 (3) 9516 6500 info@auraenergy.com.au |
| WH Ireland Limited Adrian Hadden Katy Mitchell James Bavister | Telephone: +44 (0) 207 220 1666 |
| Yellow Jersey PR Limited Felicity Winkles Joe Burgess | Telephone: +44 (0) 7748 843 871 +44 (0) 7769 325 254 |
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
| 1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
| a) | Name | Peter Reeve | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Executive Chairman, Aura Energy Limited | ||||
| b) | Initial notification/ Amendment | Initial Notification | ||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a) | Name | Aura Energy Limited | ||||
| b) | LEI | N/A | ||||
| 4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
| a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares of no par value GB00BZ0XVY42 | ||||
| b) | Nature of the transaction | Issue of shares pursuant to contract | ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information - Aggregated volume - Price | 450,337 2.97 Australian cents | ||||
| e) | Date of the transaction | 5 April 2017 | ||||
| f) | Place of the transaction | London Stock Exchange, AIM | ||||