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Director/PDMR Shareholding

15 Feb 2018 14:52

RNS Number : 0456F
Thor Mining PLC
15 February 2018
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Thursday, 15 February 2018

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THOR MINING PLC

Β ("Thor" or the "Company")

Director/PDMR Shareholding

The Company was informed today, 15 February 2018, by Paul Johnson that Value Generation Limited, in which Paul Johnson and his wife, Michelle Johnson each have a 50% interest, has today acquired 250,000 ordinary shares of 0.01 pence each in the capital of the Company ("Ordinary Shares") at a price of 3.25 pence each.

Following the above mentioned acquisition, Paul Johnson and his closely associated persons are beneficially interested in 32,500,000 Ordinary Shares, representing 5.03 per cent of the issued share capital of the Company.

The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.

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Enquiries:

Mick Billing

+61 (8) 7324 1935

Thor Mining PLC

ExecutiveΒ Chairman

Ray Ridge

+61 (8) 7324 1935

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Thor Mining PLC

CFO/Company

Secretary

Colin Aaronson/

Richard Tonthat

+44 (0) 207 383 5100

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Grant Thornton UK LLP

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Nominated Adviser

Nick Emerson

+44 (0) 1483 413 500

SI Capital Ltd

Broker

Tim Blythe/ Camilla Horsfall

+44 (0) 207 138 3222

Blytheweigh

Financial PR

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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, and on the Company's twitter page @ThorMining.

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Notification of Transactions of Persons Discharging Managerial Responsibility and Persons Closely Associated with them

1

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Details of the person discharging managerial responsibilities / person closely associated

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a)

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Name

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Paul Johnson

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Details of legal persons:

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Value Generation Limited, a company 50% owned by Mr P Johnson and 50% owned by Mrs M Johnson (spouse).

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2

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Reason for the notification

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a)

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Position/status

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Non-Executive Director

b)

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Initial notification /Amendment

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Initial notification

3

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Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

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a)

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Name

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Thor Mining Plc

b)

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LEI

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213800WO61Y9GPALD478

4

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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

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a)

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Description of the financial instrument, type of instrument

Ordinary shares of 0.01 pence each

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Β 

Identification code

GB00BD0NBV71

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Β 

b)

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Nature of the transaction

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Β 

Purchase of shares

c)

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Price(s) and volume(s)

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Β 

Β 

Β 

Β 

Price(s)

Volume(s)

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Β 

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3.25 pence

250,000

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Β 

Β 

Β 

Β 

Β 

d)

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Aggregated information

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Β 

Β 

- Aggregated volume

Aggregate volume: 250,000

Aggregate price: 3.25 pence

Aggregate total: Β£8,125.00

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Β 

- Price

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Β 

Β 

e)

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Date of the transaction

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15 February 2017

f)

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Place of the transaction

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London Stock Exchange's AIM Market

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Β 

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This information is provided by RNS
The company news service from the London Stock Exchange
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END
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