Level 2

Company Announcements

Change of Directors's Interests x2

Related Companies

By LSE RNS

RNS Number : 9906O
Prairie Mining Limited
25 August 2017
 

Rule 3.19A.2

 

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.

Introduced 30/09/01  Amended 01/01/11

 

Name of entity    Prairie Mining Limited

ABN                     23 008 677 852

 

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

Benjamin Stoikovich

Date of last notice

30 June 2017

 

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

 

Note: In the case of a company, interests which come within paragraph (i) of the definition of "notifiable interest of a director" should be disclosed in this part.

 

Direct or indirect interest

Direct and Indirect

Nature of indirect interest

(including registered holder)

Note: Provide details of the circumstances giving rise to the relevant interest.

Windellama Capital Limited (Beneficial Interest)

Date of change

25 August 2017

No. of securities held prior to change

A.       1,500,000 (Direct)

B.       1,000,000 (Indirect)

C.       500,000 (Indirect)

E.       Nil

D.       Nil

Class

A.       Ordinary Fully Paid Shares

B.       Performance Rights - expiry 31 December 2017

C.       Performance Rights - expiry 31 December 2018

D.       Performance Rights - expiry 31 December 2019

E.       Performance Rights - expiry 31 December 2020

Number acquired

A.       Nil

B.       Nil

C.       Nil

D.       640,000

E.       960,000

Number disposed

Nil

Value/Consideration

Note: If consideration is non-cash, provide details and estimated valuation

Nil - see below

No. of securities held after change

A.       1,500,000

B.       1,000,000

C.       500,000

D.       640,000

E.       960,000

Nature of change

Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back

Following shareholder approval at a general meeting of shareholders held on 17 August 2017, issue of 1,600,000 performance rights to Windellama Capital Limited

 

Part 2 - Change of director's interests in contracts

 

Note: In the case of a company, interests which come within paragraph (ii) of the definition of "notifiable interest of a director" should be disclosed in this part.

 

Detail of contract

Not applicable

Nature of interest

Not applicable

Name of registered holder

(if issued securities)

Not applicable

Date of change

Not applicable

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

Not applicable

Interest acquired

Not applicable

Interest disposed

Not applicable

Value/Consideration

Note: If consideration is non-cash, provide details and an estimated valuation

Not applicable

Interest after change

Not applicable

 

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?

Not applicable

If so, was prior written clearance provided to allow the trade to proceed during this period?

Under Prairie Mining's Securities Trading Policy a director cannot deal in Prairie Mining securities without prior approval. This requirement applies to all dealings, including those outside a Closed Period.

If prior written clearance was provided, on what date was this provided?

Not applicable

 

Initial notification/Amendment

Initial

LEI

213800EHCGNYSCN9T108

Place of transaction

Australian Securities Exchange (ASX)

 

 

Rule 3.19A.2

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.

Introduced 30/09/01  Amended 01/01/11

 

Name of entity    Prairie Mining Limited

ABN                     23 008 677 852

 

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

Carmel Daniele

Date of last notice

24 September 2015

 

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

 

Note: In the case of a company, interests which come within paragraph (i) of the definition of "notifiable interest of a director" should be disclosed in this part.

 

Direct or indirect interest

Indirect

Nature of indirect interest

(including registered holder)

Note: Provide details of the circumstances giving rise to the relevant interest.

Controller of CD Capital Natural Resources Fund III LP

Date of change

22 August 2017

No. of securities held prior to change

A.       44,776,120

B.       Nil

Class

A.       Convertible loan note convertible into ordinary shares at $0.335 per share with no expiry date

B.       Convertible loan note convertible into ordinary shares at $0.46 per share with no expiry date

Number acquired

A.       Nil

B.       5,711,804

Number disposed

Nil

Value/Consideration

Note: If consideration is non-cash, provide details and estimated valuation

Equivalent to $0.46 per share

No. of securities held after change

A.       44,776,120

B.       5,711,804

Nature of change

Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back

Following shareholder approval at a general meeting of shareholders held on 17 August 2017, issue of a convertible loan note to CD Capital Natural Resources Fund III LP

 

Part 2 - Change of director's interests in contracts

 

Note: In the case of a company, interests which come within paragraph (ii) of the definition of "notifiable interest of a director" should be disclosed in this part.

 

Detail of contract

Convertible Loan Note Instrument

Nature of interest

Controller of CD Capital Natural Resources Fund III LP (holder of right to acquire shares of Prairie Mining Limited pursuant to the above and below contracts).

Name of registered holder

(if issued securities)

CD Capital Natural Resources Fund III LP

Date of change

22 August 2017

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

Right of CD Capital Natural Resources Fund III LP to acquire 44,776,119 ordinary shares and 21,388,060 $0.60 unlisted options which may result in the issue of an additional 21,388,060 ordinary shares pursuant to an investment agreement and convertible loan note instrument

Interest acquired

Right of CD Capital Natural Resources Fund III LP to acquire 5,711,804 ordinary shares in the Company pursuant to an investment agreement and convertible loan note instrument

Interest disposed

Not applicable

Value/Consideration

Note: If consideration is non-cash, provide details and an estimated valuation

Equivalent to $0.46 per share

Interest after change

Right of CD Capital Natural Resources Fund III LP to acquire 44,776,119 ordinary shares and 21,388,060 $0.60 unlisted options which may result in the issue of an additional 21,388,060 ordinary shares

 

Right of CD Capital Natural Resources Fund III LP to acquire 5,711,804 ordinary shares in the Company pursuant to an investment agreement and convertible loan note instrument

 

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?

Not applicable

If so, was prior written clearance provided to allow the trade to proceed during this period?

Under Prairie Mining's Securities Trading Policy a director cannot deal in Prairie Mining securities without prior approval. This requirement applies to all dealings, including those outside a Closed Period.

If prior written clearance was provided, on what date was this provided?

Not applicable

 

Initial notification/Amendment

Initial

LEI

213800EHCGNYSCN9T108

Place of transaction

Australian Securities Exchange (ASX)

 


This information is provided by RNS
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END
 
 
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