Issue of Equity and Director Dealings

RNS Number : 3260O
Aura Energy Limited
18 August 2017
 

 

AURA ENERGY LIMITED

("Aura" or the "Company")

 

Issue of Ordinary Shares Pursuant to Contract of Employment

 

Aura wishes to inform the market of the following change in the number of fully paid ordinary shares on issue of no par value:

 

Number of ordinary shares to be issued                                                   927,766

 

Total number of ordinary shares on issue following the issue          793,735,890

 

Ordinary shares held in Treasury                                                                      NIL

 

Expected Admission date                                                              31 August 2017

 

The Company issued fully paid ordinary shares to Mr PD Reeve, its Executive Chairman and Managing Director, pursuant to a Contract of Employment.

 

377,732 fully paid ordinary shares were issued at 3.54 Australian cents for the quarter 1 January 2017 to 31 March 2017 and 550,034 fully paid ordinary shares were issued at 2.43 Australian cents for the quarter 1 April 2017 to 30 June 2017.

 

The issue price represents the volume-weighted average price for each quarter.

                                                                       

Following the expected admission of these shares on 31 August 2017, the total number of ordinary shares in issue will be 793,735,890 with each share carrying the right to one vote. The figure (793,735,890) 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 share capital of the Company under the Disclosure and Transparency Rules.

 

 

 

For more information please visit www.auraenergy.com.au or contact the following:

 

Aura Energy Limited

Peter Reeve (Executive Chairman)

Telephone: +61 (3) 9516 6500

     info@auraenergy.com.au

 

WH Ireland Limited

Adrian Hadden

Katy Mitchell

James Bavister

 

Telephone: +44 (0) 207 220 1666

Yellow Jersey PR Limited

Felicity Winkles

Joe Burgess

Telephone: 

+44 (0) 7748 843 871

+44 (0) 7769 325 254

 

 

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 Reeve

2

Reason for the notification

a)

Position/status

Executive Chairman, Aura Energy Limited

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

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

 

Identification code

Ordinary shares of no par value

 

 

ISIN: AU000000AEE7 TIDM: AURA

b)

Nature of the transaction

Issue of shares pursuant to contract

c)

Price(s) and volume(s)

Price(s)

Volume(s)

3.54 Australian cents

2.43 Australian cents

 

377,732

550,034

 

 

d)

Aggregated information

-    Aggregated volume

-    Price

 

927,766

2.88 Australian cents (weighted average)

e)

Date of the transaction

10 August 2017

f)

Place of the transaction

London Stock Exchange, AIM

 


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