Last checked at 16 Jan 2012 07:00
THOR MINING PLC
Appendix 3Y - Change of Director's Interest
Dated: 16 January 2012
The Directors of Thor Mining PLC ("Thor" or the "Company") (AIM, ASX: THR) the resources company focused on gold and base metals projects and advancing tungsten-molybdenum projects in the Northern Territory of Australia, today released the following report on the Australian Stock Exchange ("ASX"), as required under the listing rules of the ASX.
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.
Name of entity: Thor Mining PLC |
ARBN: 121 117 673 |
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 | Michael Robert Billing |
Date of last notice | 21 July 2011 |
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
Direct or indirect interest | Direct & Indirect |
| ||
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.
| Michael Billing is: ·; a trustee and beneficiary of the Lapun Kamap Super Fund and ·; a director and shareholder of MBB Trading Pty Ltd. |
| ||
Date of change | 11 January 2012 |
| ||
No. of securities held before change - Direct | ·; 2,000,000 Unlisted Options exercisable at $0.04 on or before 24 November 2013.
·; 119,806 CDI shares |
| ||
No. of securities held before change - Indirect | ·; 6,971,113 CDI Shares held by Mr M Billing and Mrs B Billing as trustees and beneficiaries of the Lapun Kamap Super Fund. ·; 2,040,816 CDI Options held by Mr M Billing and Mrs B Billing as trustees and beneficiaries of the Lapun Kamap Super Fund.
·; 40,435 CDI shares held by MBB Trading Pty Ltd.
|
| ||
Class | CDI Shares |
| ||
Number acquired - Direct |
| |||
Number acquired - Indirect | ·; 2,040,816 CDI Shares acquired by Mr M Billing and Mrs B Billing as trustees and beneficiaries of the Lapun Kamap Super Fund, as a result of the exercise of options with a maturity date of 25 March 2012. |
| ||
Number disposed | ·; Nil |
| ||
| Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation | ·; 2.625 cents per CDI share, being the option exercise price, for total consideration of $53,571.42.
| ||
| No. of securities held after change - Direct | ·; 2,000,000 Unlisted Options exercisable at $0.04 on or before 24/11/2013.
·; 119,806 CDI Shares.
| ||
| No. of securities held after change - Indirect | ·; 9,011,929 CDI Shares held by Mr M Billing and Mrs B Billing as trustees and beneficiaries of the Lapun Kamap Super Fund. ·; 40,435 CDI Shares held by MBB Trading Pty Ltd.
| ||
| Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back | Exercise of 2,040,816 listed CDI options on 11 January 2012, being options exercisable at A$0.02625 on or before 25 March 2012. | ||
Part 2 - Change of director's interests in contracts
Detail of contract | |
Nature of interest
| |
Name of registered holder (if issued securities)
| |
Date of change | |
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
| |
Interest acquired | |
Interest disposed | |
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation
| |
Interest after change |
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? | No. |
If so, was prior written clearance provided to allow the trade to proceed during this period? | No.
|
If prior written clearance was provided, on what date was this provided? | N/A |
Mick Billing | +61 (8) 7324 193 | Thor Mining PLC | Executive Chairman |
Allan Burchard | +61 (8) 7324 1935 | Thor Mining PLC | CFO/Company Secretary |
John Simpson | +44 (0)20 7776 6550 | Daniel Stewart & Co. Plc | Nominated Adviser |
Nick Emerson/ Renato Rufus | +44 (0) 1483 413500 | Simple Investments | Broker |
Alex Walters | +44 (0) 7771713608 | Cadogan PR | Financial PR |
Updates on the Company's activities are regularly posted on Thor's website www.thormining.com, which includes a facility to register to receive these updates by email.