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Cancellation of Lapsed Performance Rights

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By LSE RNS

RNS Number : 5034O
Wolf Minerals Limited
21 August 2017
 

21 August 2017                                   

Wolf Minerals Limited

Cancellation of Lapsed Performance Rights

Specialty metals producer, Wolf Minerals Limited (ASX: WLF, AIM: WLFE) (Wolf or the Company) wishes to advise of the cancellation of the following performance rights, issued under Company's long term incentive, the Performance Rights Plan (the Plan), which have lapsed due to the vesting conditions not being met.

Number

Details of Cancelled Performance Rights  

152,778

Performance rights with an expiry of 22 December 2020

 

The Company's current capital structure is as follows:

Number

Class

1,087,645,948

Fully Paid Ordinary Shares

273,350

Performance rights with a vesting date of 30 June 2018

261,130

Performance rights with a vesting date of 30 June 2019

1,086,394

Performance rights with a vesting date of 30 June 2020

760,897

Performance rights with a vesting date of 30 June 2021

 

ENDS

 

Numis Securities: John Prior/James Black/Paul Gillam

+44(0)20 7260 1000 

Newgate:  Adam Lloyd / Ed Treadwell

+44 (0) 20 7653 9850

Wolf Minerals Limited: Richard Lucas

+61 (0) 8 6143 2070

 

About Wolf Minerals

Wolf Minerals is a dual listed (ASX: WLF, AIM: WLFE) specialty metals producer. In 2015, Wolf Minerals completed the development of a large tungsten resource at its Drakelands Mine, located at Hemerdon, in southwest England.


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