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RNS Number : 0603Z
Wolf Minerals Limited
12 December 2017
 

12 December 2017

WOLF MINERALS LIMITED

("WLFE" or the "Company")

DIRECTOR SHAREHOLDING

Wolf Minerals Limited (AIM: WLFE), has today issued to Mr Richard Lucas, Interim Managing Director, 3,104,637 performance rights as approved by shareholders on 28 November 2017 under the Performance Rights Plan. Subject to the attainment of vesting conditions (details of which are in the Notice of Meeting released on 20 October 2017), the performance rights convert to Wolf Minerals Limited Ordinary Shares on a one for one basis.

 

 

1

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

 

a)

Name

Richard Lucas

 

 

2

Reason for the notification

 

a)

Position/status

Interim 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

213800F9EQEDKGDKZM06

 

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 interim Managing Director's, Mr Richard Lucas, contract of employment and the subsequent issue of Performance Rights by the Company to Mr Lucas, on 12 December 2017 following approval by shareholders at the Company's Annual General Meeting on 28 November 2017.

c)

Price(s) and volume(s)

 

 

 

 

 

 

  

Prices

Volumes

A$ 0.0865

(equivalent to ~5p)

3,104,637

 

 

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

3,104,637 performance rights

 

AUD  $268,500

e)

Date of the transaction

12 December 2017

f)

Place of the transaction

Outside a trading venue

 


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