Salt Lake Potash Limited Director/PDMR Shareholding (1578T)
12 Novembre 2019 - 3:22PM
UK Regulatory
TIDMSO4
RNS Number : 1578T
Salt Lake Potash Limited
12 November 2019
12 November 2019 AIM/ASX Code: SO4
SALT LAKE POTASH LIMITED
Directors' shareholdings
--------------------------
As announced on 11 November 2019, following the Company's Annual
General Meeting, shares and performance rights were issued to
directors as follows:
-- 266,258 ordinary shares of no par value ("Ordinary Shares")
to the CEO, Mr Tony Swiericzuk (following receipt of shareholder
approval) in lieu of vested performance rights that the Company was
unable to convert prior to expiry.
-- 288,324 performance rights to the CEO, Mr Tony Swiericzuk
(following receipt of shareholder approval) vesting on 30 June 2020
and expiring 31 December 2020.
-- 50,000 Ordinary Shares on conversion of performance rights to director, Mr Bryn Jones.
-- 50,000 Ordinary Shares on conversion of performance rights to director, Mr Mark Pearce.
Following the issue of these securities, the directors will have
the following interests in shares:
Number of shares Percentage of issued
share capital
Tony Swiericzuk 1,218,639 0.47%
Mark Pearce 4,050,000 1.58%
Bryn Jones 50,000 0.02%
Mr Swiericzuk also holds an interest in 5 million incentive
options and 7,288,324 performance rights.
Mr Pearce also holds an interest in 100,000 performance
rights.
Mr Jones also holds an interest in 100,000 performance
rights.
The notifications below, made in accordance with the
requirements of the EU Market Abuse Regulation, provide further
details.
For further information please visit www.so4.com.au or
contact:
Clint McGhie Salt Lake Potash Limited Tel: +61 8 6559 5800
Colin Aaronson/Richard Tonthat/Ben Roberts Grant Thornton UK LLP (Nominated Adviser) Tel: +44 (0) 20 7383 5100
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 Tony Swiericzuk
------------------------------------- -----------------------------------------------
2 Reason for the notification
--------------------------------------------------------------------------------------
a) Position/status Managing Director / CEO
------------------------------------- -----------------------------------------------
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 Off market transaction (issue of
shares in lieu of vested performance
rights that were unable to be exercised
before expiry, following receipt
of Shareholder approval).
------------------------------------- -----------------------------------------------
c) Price(s) and volume(s)
--------------------- ---------------------
Price(s) Volume(s)
--------------------- ---------------------
0.00 266,258
--------------------- ---------------------
d) Aggregated information
- Aggregated volume Aggregate volume: 266,258
Aggregate price: 0.00
Aggregate total: AUD 0.00
- Price
e) Date of the transaction 11 November 2019
------------------------------------- -----------------------------------------------
f) Place of the transaction Off market transaction
------------------------------------- -----------------------------------------------
a) Description of the Performance Rights
financial instrument,
type of instrument
Identification code Performance Rights
b) Nature of the transaction Off Market Transaction (issue of
performance rights following Shareholder
approval in accordance with remuneration
entitlements).
------------------------------------- -----------------------------------------------
c) Price(s) and volume(s)
--------------------- ---------------------
Price(s) Volume(s)
--------------------- ---------------------
0.00 288,324
--------------------- ---------------------
d) Aggregated information
- Aggregated volume Aggregate volume: 288,324
Aggregate price: 0.00
Aggregate total: AUD 0.00
- Price
e) Date of the transaction 11 November 2019
------------------------------------- -----------------------------------------------
f) Place of the transaction Off market transaction
------------------------------------- -----------------------------------------------
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 Bryn Jones
------------------------------------- ----------------------------------------
2 Reason for the notification
-------------------------------------------------------------------------------
a) Position/status 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 Off market transaction (conversion
of performance rights)
------------------------------------- ----------------------------------------
c) Price(s) and volume(s)
------------------ -----------------
Price(s) Volume(s)
------------------ -----------------
0.00 50,000
------------------ -----------------
d) Aggregated information
- Aggregated volume Aggregate volume: 50,000
Aggregate price: 0.00
Aggregate total: AUD 0.00
- Price
e) Date of the transaction 11 November 2019
------------------------------------- ----------------------------------------
f) Place of the transaction Off market transaction
------------------------------------- ----------------------------------------
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 Mark Pearce
------------------------------------- ----------------------------------------
2 Reason for the notification
-------------------------------------------------------------------------------
a) Position/status 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 Off market transaction (conversion
of performance rights)
------------------------------------- ----------------------------------------
c) Price(s) and volume(s)
------------------ -----------------
Price(s) Volume(s)
------------------ -----------------
0.00 50,000
------------------ -----------------
d) Aggregated information
- Aggregated volume Aggregate volume: 50,000
Aggregate price: 0.00
Aggregate total: AUD 0.00
- Price
e) Date of the transaction 11 November 2019
------------------------------------- ----------------------------------------
f) Place of the transaction Off market transaction
------------------------------------- ----------------------------------------
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
DSHBSBDBIBBBGCD
(END) Dow Jones Newswires
November 12, 2019 09:22 ET (14:22 GMT)
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