Director/PDMR Shareholding

Summary by AI BETAClose X

Thor Energy PLC announced that Non-Executive Director Tim Armstrong disposed of 4,500,000 ordinary shares at A$0.0105 each to cover personal taxation, resulting in no direct shareholding but retaining 10,500,000 unquoted performance shares. Additionally, following shareholder approval, the company issued 30,000,000 unquoted performance shares to CEO Andrew Hume and 15,000,000 to Non-Executive Director Lincoln Moore. Mr. Hume also holds various unlisted options with exercise prices ranging from $0.03 to $0.07, expiring between 2027 and 2029. Mr. Moore holds 1,333,333 ordinary shares, representing 0.13% of the issued capital, and 15,000,000 unquoted performance shares.

Disclaimer*

Thor Energy PLC
09 December 2025
 

Thor Energy PLC

 

("Thor" or the "Company")

 

Director/PDMR Shareholding

 

Thor Energy PLC ("Thor") (AIM, ASX: THR, OTCQB: THORF) announces that it received notification on 5 December 2025 from Tim Armstrong, Non-Executive Director, that he disposed of 4,500,000 ordinary shares to meet personal taxation liabilities, at a price of A$0.0105 per share. Following this disposal, Mr Armstrong does not retain any direct interest in the Company, Mr Armstrong does retain an indirect interest of 10,500,000 unquoted performance shares.

 

The Company also announces that, further to shareholder approval at the Company's annual general meeting held on 11 November 2025, it has issued 30,000,000 unquoted performance shares to Andrew Hume, CEO and Managing Director, and 15,000,000 unquoted performance shares to Lincoln Moore, Non-Executive Director.

 

Mr Hume holds the following securities in the Company:

·      15,000,000 unlisted Options issued 5 February 2025 for nil consideration. The Options have an exercise price of $0.03 and expire 5 February 2027.

·      15,000,000 unlisted Options issued 5 February 2025 for nil consideration. The Options have an exercise price of $0.05 and expire 5 February 2028.

·      15,000,000 unlisted Options issued 5 February 2025 for nil consideration. The Options have an exercise price of $0.07 and expire 5 February 2029.

·      30,000,000 unquoted performance shares

 

Mr Moore holds 1,333,333 Ordinary Shares in the Company, equivalent to 0.13 per cent of the Company's issued share capital and 15,000,000 unquoted performance shares.

 

The Board of Thor Energy Plc has approved this announcement and authorised its release.

 

For further information on the Company, please visit the website or please contact the following:

 

Thor Energy PLC

Andrew Hume, Managing Director

Alastair Clayton, Non-Executive Chairman

Rowan Harland, Company Secretary

Tel: +61 (8) 6555 2950

 

Zeus Capital Limited (Nominated Adviser and Joint Broker)

Antonio Bossi / Darshan Patel / Gabriella Zwarts

Tel: +44 (0) 203 829 5000

 

SI Capital Limited (Joint Broker)

Nick Emerson

Tel: +44 (0) 1483 413 500

 

Yellow Jersey (Financial PR)

Dom Barretto / Shivantha Thambirajah / Bessie Elliot

thor@yellowjerseypr.com

Tel: +44 (0) 20 3004 9512

 

About Thor Energy Plc

The Company is focused on Hydrogen and Helium exploration which are crucial in the shift to a clean energy economy, with a portfolio that also includes uranium, and other energy metals. For further information on Thor Energy and to see an overview of its projects, please visit the Company's website at https://thorenergyplc.com/.

 

Notification and public disclosure of transactions by Persons Discharging Managerial Responsibilities ("PDMR") and Persons Closely Associated with them:

 

1

Details of PDMR / person closely associated with them ("PCA")

(a)

Name

Tim Armstrong

2

Reason for the notification

(a)

Position/status

Non-Executive Director

(b)

Initial notification/amendment

Initial Notification

 

3

Details of the Issuer

(a)

Name

Thor Energy plc

(b)

Legal Entity Identifier code

213800WO61Y9GPALD478

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

Ordinary Shares of 0.1 pence each

(b)

Identification Code

GB00BRJ52319

(c)

Nature of the transaction

Disposal of Ordinary Shares

(d)

Currency

AUD

(e)

Price(s) and volume(s)

Price(s)

Volume(s)

A$0.0105

4,500,000

(f)

Aggregated information

-      Aggregated volume

-      Price

 

4,500,000

 A$0.0105

(g)

Date of the transaction

05 December 2025

(h)

Place of the transaction

ASX

 

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Companies

Thor Energy (THR)
UK 100

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