Business
Director Dealing, Issue of Equity,TVR and Warrants
Director Dealing, Issue of Equity,TVR and Warrants.
About this update from Tertiary Minerals Plc
[{"type":"text","content":"\n \nRNS Number : 6641D Tertiary Minerals PLC 01 February 2018 \n\nTertiary Minerals plc\nwww.tertiaryminerals.com\n(\"Tertiary\" or \"the Company\")\n \n1 February 2018\n \nDirector Dealing, Issue of Equity, Total Voting Rights\nand Warrants\n \nTertiary Minerals plc, the AIM traded company building a strategic position in the fluorspar sector announces that pursuant to terms agreed on 30 April 2014 and further to the RNS dated 20 August 2014, a non-executive director of the Company will be receiving a portion of his annual fees in ordinary shares of 0.01 penny each in the Company (\"Ordinary Shares\"), on a six-monthly ongoing basis calculated with reference to the closing mid-market price on the trading day prior to the issue of the Ordinary Shares.\n \nOn 31 January 2018, the Company resolved to issue a total of 72,554 Ordinary Shares to Donald McAlister for the 6 month period ended 31 December 2017. \n \nAlso on 31 January 2018, the Company resolved to issue a total of 290,000 Ordinary Share to Richard Clemmey, being part payment of his salary entitlement for the 12 month period ended 30 September 2017.\n \nThese Ordinary Shares were issued at a price of 1.875 pence per share, being the closing mid-market price on 30 January 2018.\n \nThe following table shows the number of Ordinary Shares issued to Donald McAlister and Richard Clemmey together with their total holdings following the issue of the Ordinary Shares:\n \n\n\n\n\nDirector\n\n\nNumber of Ordinary Shares issued\n\n\nPrice of Ordinary Shares issued\n\n\nInterest in total number of Ordinary Shares following Admission\n\n\n% of Company's issued share capital following Admission\n\n\n\n\nDonald McAlister\n\n\n72,554\n\n\n1.875 pence\n\n\n659,168\n\n\n0.184 %\n\n\n\n\nRichard Clemmey\n\n\n290,000\n\n\n1.875 pence\n\n\n977,405\n\n\n0.272 %\n\n\n\n\n \nApplication has been made to the London Stock Exchange for 362,554 Ordinary Shares to be admitted to trading on AIM (\"Admission\"), and it is expected that Admission will occur on or around 7 February 2018.\n \nTotal Voting Rights\n \nIn accordance with Financial Conduct Authority's Disclosure and Transparency Rules (\"DTRs\"), following the issue and Admission, the total issued share capital of the Company with voting rights will be 359,106,157 ...