5 Jun 2019 07:55
PRAIRIE MINING LIMITED
NEWS RELEASE | 5 June 2019 | LSE/WSE/ASX: PDZ
RESULTS OF GENERAL MEETING AND CHANGE OF DIRECTOR'S INTERESTS
A General Meeting of the Company was held today in Perth, Western Australia, 5 June 2019, at 10.00am (WST).
The resolutions voted on were in accordance with the Notice of General Meeting previously advised to shareholders.
In accordance with Section 251AA of the Corporations Act 2001, the following information is provided:
Resolution | Result | Number of Proxy Votes | |||
| For | Against | Abstain | Proxy's Discretion | ||
1. Approval to Grant Performance Rights to Selwyn Capital Limited | Passed on a show of hands | 49,183,545 | 1,403,000 | 42,000 | 10,600,101 |
2. Approval of Change of Control Bonus for Selwyn Capital Limited | Passed on a show of hands | 5,793,925 | 16,500 | 44,818,120 | 10,600,101 |
As a result and as previously advised on 12 April 2019, the Company has today issued 500,000 Performance Rights (expiring 30 September 2020) to Selwyn Capital Limited (a nominee of Mr Ben Stoikovich), which vest subsequent to securing a new strategic investor.
No new Ordinary Shares have been issued. The figure of 212,275,089 Ordinary Shares can continued to be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company, under the FCA's Disclosure and Transparency Rules.
A Change of Directors Interest Notice is included below.
For further information, please contact: |
|
Prairie Mining Limited | Tel: +44 207 478 3900 |
Ben Stoikovich, Chief Executive Officer | Email: info@pdz.com.au |
Sapan Ghai, Head of Corporate Development |
|
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 Prairie Mining Limited |
ABN 23 008 677 852 |
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 | Benjamin Stoikovich |
Date of last notice | 4 February 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 (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest. | Windellama Capital Limited (Beneficial Interest) Selwyn Capital Limited (Beneficial Interest) |
Date of change | 5 June 2019 |
No. of securities held prior to change | A. 1,492,262 B. 640,000 C. Nil D. 960,000 |
Class | A. Ordinary Fully Paid Shares B. Performance Rights - expiry 31 December 2019 C. Performance Rights - expiry 30 September 2020 D. Performance Rights - expiry 31 December 2020 |
Number acquired | A. Nil B. Nil C. 500,000 D. Nil |
Number disposed | Nil
|
Value/Consideration · Note: If consideration is non-cash, provide details and estimated valuation | Nil - see nature of change section below |
No. of securities held after change | A. 1,492,262 B. 640,000 C. 500,000 D. 960,000 |
Nature of change · Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back | Issue of performance rights following shareholder approval |
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 | Not applicable |
Nature of interest | Not applicable |
Name of registered holder (if issued securities) | Not applicable |
Date of change | Not applicable |
No. and class of securities to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed | Not applicable |
Interest acquired | Not applicable |
Interest disposed | Not applicable |
Value/Consideration · Note: If consideration is non-cash, provide details and an estimated valuation | Not applicable |
Interest after change | Not applicable |
Part 3 - +Closed period
Were the interests in the securities or contracts detailed above traded during a +closed period where prior written clearance was required? | Not applicable |
If so, was prior written clearance provided to allow the trade to proceed during this period? | Not applicable |
If prior written clearance was provided, on what date was this provided? | Not applicable |
Initial notification/Amendment | Initial |
LEI | 213800EHCGNYSCN9T108 |
Place of transaction | Australia |