Director/PDMR Shareholding

RNS Number : 8702O

Thor Mining PLC

10 November 2016

 

Thursday, 10 November 2016

THOR MINING PLC

Thor Mining PLC ("Thor" or the "Company")

Director/PDMR Shareholding

 On 8 November 2016, the Company was informed by Paul Johnson that he had acquired 15,000,000 ordinary shares of 0.01 pence each in the capital of the Company ("Ordinary Shares") on that day at a price of 0.0249 pence each. Paul Johnson also informed the Company on the same date that he had made a transfer of 80,000,000 Ordinary Shares to his spouse for nil consideration.

Following the above mentioned acquisition and transfer, Paul Johnson and his spouse are beneficially interested in 140,066,237 Ordinary Shares, representing 1.87 per cent of the issued share capital of the Company.

Enquiries:

Mick Billing	[phone]	Thor Mining PLC	Executive Chairman
Ray Ridge	[phone]	Thor Mining PLC	CFO/Company Secretary
Colin Aaronson/ Daniel Bush/ Richard Tonthat	[phone] 5100	Grant Thornton UK LLP	Nominated Adviser
Gerry Beaney/ David Hignell John Howes	[phone]	Northland Capital Partners Limited	Joint Broker
Nick Emerson / Andy Thacker	[phone]	SI Capital	Joint Broker
Tim Blythe/ Camilla Horsfall	[phone]	Blytheweigh	Financial PR

Updates on the Company's activities are regularly posted on Thor's website www.thormining.com,

which includes a facility to register to receive these updates by email.

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	Paul Johnson
2	Reason for the notification
a)	Position/status	Non-Executive Director
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Thor Mining Plc
b)	LEI	N/A
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	Ordinary shares of 0.01 pence each
	Identification code	GB00B1DXJY95
b)	Nature of the transaction	Share transfer for nil consideration to spouse
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			Nil	80,000,000
d)	Aggregated information
	- Aggregated volume	80,000,000 ordinary shares of 0.01 pence each transferred on 8 November 2016 for nil consideration
	- Price
e)	Date of the transaction	8 November 2016
f)	Place of the transaction	London Stock Exchange's AIM Market

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Paul Johnson
2	Reason for the notification
a)	Position/status	Non-Executive Director
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Thor Mining Plc
b)	LEI	N/A
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	Ordinary shares of 0.01 pence each
	Identification code	GB00B1DXJY95
b)	Nature of the transaction	Purchase of shares
c)	Price(s) and volume(s)
			Price(s)		Volume(s)
			0.0249 pence		15,000,000
d)	Aggregated information
			Aggregate price	Aggregate volume		Aggregate total
	- Aggregated volume		0.0249 pence	15,000,000		£3,375
	- Price
e)	Date of the transaction	8 November 2016
f)	Place of the transaction	London Stock Exchange's AIM Market

 

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