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4 Oct 2012 07:00
4 October 2012
Wolf Minerals
Exercise of Options
Specialty metal exploration and development company Wolf Minerals Limited (ASX: WLF) (AIM: WLFE) ("Wolf" or the "Company") has applied for 2,815,380 depository interests representing fully paid ordinary shares (the "Shares") to be admitted to trading on the AIM market of the London Stock Exchange ('AIM') ("Admission").
The Shares are being issued pursuant to an exercise of options. Of the 2,815,380 options being exercised 85,000 are being exercised by Directors of the Company, namely John Hopkins and Humphrey Hale. Further details are set out below:
Director | Number of options exercised | Exercise Price | Total number of ordinary shares held following exercise of options | Percentage of enlarged issued share capital |
John Hopkins | 34,000 | A$0.235 | 204,000 | 0.18% |
Humphrey Hale | 51,000 | A$0.235 | 2,006,000 | 1.77% |
Also, the following options expired on 30 September 2012:
• 13,833,654 listed options with an exercise price of A$0.235.
• 850,000 unlisted options with an exercise price of A$0.295.
Following Admission of the Shares, the number of Ordinary Shares in issue and admitted to trading on AIM and the ASX will be 113,503,293 and the number of options admitted to trading on the ASX will be nil.
For further details, please contact:
Wolf Minerals Limited Humphrey Hale | +61 8 6364 3776 |
Investec Chris Sim/Neil Elliot | +44 (0) 20 7597 5970
|
Newgate Threadneedle Beth Harris/Josh Royston | +44 (0) 20 7653 9850 |
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