Sign In
24 Nov 2017 11:30
24 November 2017
Bacanora Minerals Ltd
('Bacanora' or the 'Company')
Transaction Notification
Bacanora, the London and Canadian listed Lithium exploration and development company has received notification of the off-market transfer of shares beneficially owned by Mark Hohnen, Executive Chairman of the Company. The transfer is between an existing pension fund and a new one set up to comply with Australian superannuation regulations. At no stage has the ultimate beneficial ownership changed and Mr Hohnen's beneficial interest in the Company's shares remains at 1,514,951.
Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014 | |||||||||||
1 | Details of the person discharging managerial responsibilities/person closely associated | ||||||||||
a. | Name | Mark Hohnen | |||||||||
2 | Reason for notification | ||||||||||
a. | Position/Status | Executive Director / Chairman | |||||||||
b. | Initial notification/ Amendment | Initial Notification | |||||||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||||||||
a. | Name | Bacanora Minerals Ltd | |||||||||
b. | LEI | 2138008OQE6GDZO3YD74 | |||||||||
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 instrumentIdentification Code | Common Shares of no par value CA05634Q1054 | |||||||||
b. | Nature of the transaction | Transfer of shares between superannuation pension funds with the same beneficial owner. Transferor - Vynben Pty Ltd (Mark Hohnen Superannuation Fund) Transferee - Vynben Pension Pty Ltd (Mark Hohnen Pension Fund) | |||||||||
c. | Price(s) and volume(s) | ||||||||||
Price(s) | Volume(s) | Date | |||||||||
AUS$1.827p | 606,666 common shares | 24 Nov 2017 | |||||||||
| |||||||||||
d. | Aggregated information
- Aggregated Volume
- Price |
606,666 AUS$1.827p |
| ||||||||
e. | Date of the transaction | 24 November 2017 | |||||||||
f. | Place of the transaction | Off market | |||||||||
**ENDS**
Bacanora Minerals Ltd. | Peter Secker, CEO | info@bacanoraminerals.com |
Cairn Financial Advisers LLP, Nomad | Sandy Jamieson/Liam Murray
| +44 (0) 20 7213 0880 |
Canaccord Genuity, Broker | Martin Davison, James Asensio | +44 (0) 20 7523 8000 |
St Brides Partners, Financial PR Adviser | Frank Buhagiar, Megan Dennison | +44 (0) 20 7236 1177 |
Follow the stocks
