Salt Lake Potash Limited Issue of Placement Shares to Directors (2403I)
11 Agosto 2021 - 8:00AM
UK Regulatory
TIDMSO4
RNS Number : 2403I
Salt Lake Potash Limited
11 August 2021
11 August 2021 AIM/ASX Code: SO4
SALT LAKE POTASH LIMITED
ISSUE OF PLACEMENT SHARES TO DIRECTORS
----------------------------------------
Salt Lake Potash Limited ("SO4" or the "Company") is pleased to
announce that it has now completed the issue to Directors of
2,805,000 ordinary shares of the Company of no par value ("Ordinary
Shares") at A$0.35 per share, being Tranche 2 of the Placement
originally announced on 24 May 2021, following shareholder approval
at a General Meeting held on 13 July 2021.
Directors' interests
Shares were issued as follows:
Number of Ordinary Total Number of Percentage of enlarged
Shares issued Ordinary Shares issued share capital
following issue
Ian Middlemas 2,500,000 22,500,000 2.76%
Tony Swiericzuk 250,000 5,454,470 0.67%
Peter Thomas 55,000 300,000 0.04%
Mr Swiericzuk also holds an indirect interest in 5 million
unlisted options and 5,879,377 performance rights. Mr Thomas holds
an interest in 500,000 unlisted options.
The Notifications below, made in accordance with the
requirements of the UK Market Abuse Regulation provide additional
information.
Settlement and dealings
Application has been made to the AIM Market of the London Stock
Exchange ("AIM") for the admission of the 2,805,000 Ordinary
Shares, which rank pari passu with the Company's existing issued
Ordinary Shares, to be admitted to trading on AIM ("Admission"),
with Admission expected to take place on or around 13 August
2021.
Total Voting Rights
For the purposes of the Financial Conduct Authority's Disclosure
Guidance and Transparency Rules (DTRs), following Admission SO4
will have 816,475,721 Ordinary Shares in issue with voting rights
attached. The Company holds no shares in treasury. This figure of
816,475,721 may be used by shareholders in the Company as the
denominator for the calculations by which they will determine if
they are required to notify their interest in, or a change to their
interest in the Company, under the ASX Listing Rules or the
DTRs.
For further information please visit www.so4.com.au or contact:
Tony Swierizcuk / Richard Salt Lake Potash Limited Tel: +61 8 6559 5800
Knights
Colin Aaronson / Lukas Grant Thornton UK LLP Tel: +44 (0) 20 7383 5100
Girzadas (Nominated Adviser)
Derrick Lee / Peter Lynch Cenkos Securities plc Tel: +44 (0) 131 220 6939
(Broker)
Notification of Transactions of Persons Discharging Managerial
Responsibility and Persons Closely Associated with them
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Arredo Pty Ltd
--------------------------------------------------- --------------------------------------------------
2 Reason for the notification
-------------------------------------------------------------------------------------------------------
a) Position/status Arredo Pty Ltd is a company associated with
Ian Middlemas, Chairman
--------------------------------------------------- --------------------------------------------------
b) Initial notification Initial notification
/Amendment
--------------------------------------------------- --------------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-------------------------------------------------------------------------------------------------------
a) Name Salt Lake Potash Limited
--------------------------------------------------- --------------------------------------------------
b) LEI 213800ZYZHFUDQ784B24
--------------------------------------------------- --------------------------------------------------
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 Ordinary shares of no par value
financial instrument,
type of instrument
Identification code AU000000SO44
b) Nature of the transaction Subscription for cash in a placement by the
Company
--------------------------------------------------- --------------------------------------------------
c) Price(s) and volume(s)
----------------------- ----------------------
Price(s) Volume(s)
----------------------- ----------------------
A$0.35 2,500,000
-------------------------------------------------------------------------------- ----------------------
d) Aggregated information
N/A - single transaction
* Aggregated volume
* Price
e) Date of the transaction 10 August 2021
--------------------------------------------------- --------------------------------------------------
f) Place of the transaction Off market transaction
--------------------------------------------------- --------------------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Mr Tony James Swiericzuk and Ms Beverley
Jean Eaton Swiericzuk <Bevton Family A/C>
--------------------------------------------------- --------------------------------------------------
2 Reason for the notification
-------------------------------------------------------------------------------------------------------
a) Position/status Tony Swierczuk is Chief Executive Officer
--------------------------------------------------- --------------------------------------------------
b) Initial notification Initial notification
/Amendment
--------------------------------------------------- --------------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-------------------------------------------------------------------------------------------------------
a) Name Salt Lake Potash Limited
--------------------------------------------------- --------------------------------------------------
b) LEI 213800ZYZHFUDQ784B24
--------------------------------------------------- --------------------------------------------------
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 Ordinary shares of no par value
financial instrument,
type of instrument
Identification code AU000000SO44
b) Nature of the transaction Subscription for cash in a placement by the
Company
--------------------------------------------------- --------------------------------------------------
c) Price(s) and volume(s)
----------------------- ----------------------
Price(s) Volume(s)
----------------------- ----------------------
A$0.35 250,000
-------------------------------------------------------------------------------- ----------------------
d) Aggregated information
N/A - single transaction
* Aggregated volume
* Price
e) Date of the transaction 10 August 2021
--------------------------------------------------- --------------------------------------------------
f) Place of the transaction Off market transaction
--------------------------------------------------- --------------------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Peter Thomas
--------------------------------------------------- --------------------------------------------------
2 Reason for the notification
-------------------------------------------------------------------------------------------------------
a) Position/status Non-Executive Director
--------------------------------------------------- --------------------------------------------------
b) Initial notification Initial notification
/Amendment
--------------------------------------------------- --------------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-------------------------------------------------------------------------------------------------------
a) Name Salt Lake Potash Limited
--------------------------------------------------- --------------------------------------------------
b) LEI 213800ZYZHFUDQ784B24
--------------------------------------------------- --------------------------------------------------
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 Ordinary shares of no par value
financial instrument,
type of instrument
Identification code AU000000SO44
b) Nature of the transaction Subscription for cash in a placement by the
Company
--------------------------------------------------- --------------------------------------------------
c) Price(s) and volume(s)
----------------------- ----------------------
Price(s) Volume(s)
----------------------- ----------------------
A$0.35 55,000
-------------------------------------------------------------------------------- ----------------------
d) Aggregated information
N/A - single transaction
* Aggregated volume
* Price
e) Date of the transaction 10 August 2021
--------------------------------------------------- --------------------------------------------------
f) Place of the transaction Off market transaction
--------------------------------------------------- --------------------------------------------------
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END
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August 11, 2021 02:00 ET (06:00 GMT)
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