AURA ENERGY LIMITED
(“Aura” or the “Company”)
Director’s
Dealing
Director’s
Deaings
Aura wishes to inform the market that at the Annual General
Meeting of Shareholders on 30 November
2017 at which time, all resolutions were passed,
shareholders approved a resolution which cancelled 35 million
options over ordinary shares, comprising five tranches at various
expiry dates and exercise prices, previously granted to Mr
Peter Reeve on 10 June 2015 and simultaneously approved the
award of 35 million performance rights to Mr Reeve.
The performance rights comprise of two tranches of 17,500,000
performance rights each with the first tranche vesting on
30 November 2018 and the second
tranche vesting on 30 November
2019.
On vesting the performance rights will convert into fully paid
ordinary shares and rank equally with ordinary shares on issue.
No consideration will be payable on conversion of the
performance rights into fully paid ordinary shares.
Mr Reeve is the Executive Chairman/Chief Executive Officer of
Aura Energy Limited, and holds both directly and indirectly,
12,812,365 ordinary shares, representing 1.5% of the Company’s
issued share capital. The Company would like to note that this
action will not alter the number of Ordinary Shares currently in
issue, which stands at 849,560,890 fully paid ordinary shares with
voting rights attached (one vote per ordinary share). There are no
shares held by the Company in treasury. The number of shares
in issue may be used by shareholders as the denominator for the
calculations by which they will determine whether they are required
to notify their interests in, or a change to their interest in, the
Company.
For further information contact:
Aura Energy Limited
Peter Reeve (Executive Chairman and CEO) |
Telephone: +61 (3) 9516 6500
Email: info@auraenergy.com.au |
WH Ireland Limited
Adrian Hadden
Katy Mitchell
James Sinclair-Ford |
Telephone: +44 (0) 207 220 1666 |
Yellow Jersey
Charles Goodwin
Joe Burgess |
Telephone: +44 (0) 77693 25254 |
NOTIFICATION AND
PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL
RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
| 1 |
Details
of the person discharging managerial responsibilities/person
closely associated |
| a) |
Name |
Peter Desmond
Reeve |
| 2 |
Reason
for the notification |
| a) |
Position/status |
Executive
Chairman/Chief Executive Officer |
| b) |
Initial notification/
Amendment |
Initial
Notification |
| 3 |
Details
of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor |
| a) |
Name |
Aura Energy
Limited |
| b) |
LEI |
5493003D06RIWKIKA27 |
| 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
ISIN: AU000000AEE7 TIDM: AURA |
| b) |
Nature of the transaction |
Award of Performance
Rights comprising:
Tranche 1 17,500,000 performance rights vesting 30/11/18;
and
Tranche 2 17,500,000 performance rights vesting 30/11/19 |
| c) |
Price(s) and volume(s) |
|
| d) |
Aggregated information |
|
| e) |
Date of the transaction |
30 November 2017 |
| f) |
Place of the transaction |
Australian Securities Exchange |