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Director/PDMR Shareholding

22 Dec 2016 07:00

RNS Number : 5401S
Wolf Minerals Limited
22 December 2016
 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

Wolf Minerals Limited (WLFE)

22 December 2016

 

1

Details  of  the  person  discharging  managerial  responsibilities  /  person  closely associated Reason for the notification

 

a)

Name

Russell Clark

 

 

2

Reason for the notification

 

a)

Position/status

Managing Director

 

 

b)

Initial notification

/Amendment

Initial notification

 

 

 

3

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

 

a)

Name

Wolf Minerals Limited

 

b)

LEI

Not applicable

 

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

 

Performance rights which convert to Wolf Minerals Limited Ordinary Shares on a one for one basis if vesting conditions are met.

 

ISIN Code of Wolf Minerals Limited Ordinary Shares: AU000000WLF3

 

 

 

b)

Nature of the transaction

Issue of Performance Rights under the Company's long term incentive plan known as the Performance Rights Plan ("PRP") in accordance with the Managing Director's, Mr Russell Clark, contract of employment and the subsequent issue of Performance Rights by the Company to Mr Clark, on 22 December 2016 following approval by shareholders at the Company's Annual General Meeting on 29 November 2016.

 

 

 

c)

Price(s) and volume(s)

 

Prices

Volumes

AUD $0.1225

(equivalent to approximately GBP 6p)

1,469,388

 

 

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

1,469,388 shares

 

AUD $180,000.03

 

 

e)

Date of the transaction

22 December 2016

f)

Place of the transaction

Outside a trading venue

 

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