Appendix 3Y Change of Director's Interest Notice
Appendix 3Y
`Rule 3.19A.2
Change of Director's Interest Notice
Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX's property and may be made public.
Introduced 30/9/2001.
Name of entity | RESOLUTE MINING LIMITED |
ABN | 39 097 088 689 |
We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.
Name of Director | Mr John Paul Welborn |
Date of last notice | 31 January 2019 |
Part 1 - Change of director's relevant interests in securities
In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust
Direct or indirect interest | Direct | |
Nature of indirect interest | N/A | |
(including registered holder) | ||
Note: Provide details of the circumstances giving rise | ||
to the relevant interest. | ||
Date of change | 20 May 2019 | |
No. of securities held prior to change | 4,525,000 fully paid ordinary shares | |
564,000 | Performance Rights vesting 30 June 2019 | |
600,000 | Performance Rights vesting 30 June 2019 | |
1,000,000 Performance Rights vesting 30 June 2020 | ||
587,500 | Performance Rights vesting 30 June 2020 | |
277,559 | Performance Rights vesting 30 June 2021 | |
Class | Performance Rights - annual grant | |
Number acquired | 698,690 | - annual grant, vesting date of 30 June 2022 |
Number disposed | N/A | |
+ See chapter 19 for defined terms.
9/12/2010 | Appendix 3Y Page 1 |
Appendix 3Y
Change of Director's Interest Notice
Value/Consideration | Performance Rights represent the Long-Term Incentive |
Note: If consideration is non-cash, provide details and | component of remuneration for Mr Welborn and are |
estimated valuation | issued for nil cash consideration. On vesting, one |
Performance Right is converted to one fully paid | |
ordinary share in the Company. Vesting is subject to | |
performance and other conditions set out in the | |
Company's Notice of Meeting for the 2019 Annual | |
General Meeting. The issue of Performance Rights was | |
approved by shareholders at the Annual General | |
Meeting held on 20 May 2019. | |
No. of securities held after change | 4,525,000 fully paid ordinary shares |
564,000 Performance Rights vesting 30 June 2019 | |
600,000 Performance Rights vesting 30 June 2019 | |
1,000,000 Performance Rights vesting 30 June 2020 | |
587,500 Performance Rights vesting 30 June 2020 | |
277,559 Performance Rights vesting 30 June 2021 | |
698,690 Performance Rights vesting 30 June 2022 | |
Nature of change | Issue of Performance Rights pursuant to the 2017 |
Example: on-market trade, off-market trade, exercise | Resolute Mining Limited Performance Rights Plan |
of options, issue of securities under dividend | following approval by shareholders at the Annual |
reinvestment plan, participation in buy-back | General Meeting held on 20 May 2019. |
Part 2 - Change of director's interests in contracts | |
Detail of contract | N/A |
Nature of interest | |
Name of registered holder | |
(if issued securities) | |
Date of change | |
No. and class of securities to which interest | |
related prior to change | |
Note: Details are only required for a contract in | |
relation to which the interest has changed | |
Interest acquired | |
Interest disposed | |
Value/Consideration | |
Note: If consideration is non-cash, provide details and | |
an estimated valuation | |
Interest after change | |
+ See chapter 19 for defined terms.
Appendix 3Y Page 2 | 9/12/2010 |
Appendix 3Y
Change of Director's Interest Notice
Part 3 - Closed Period
Were the interests in the securities or | No |
contracts detailed above traded during a | |
closed period where prior written clearance | |
was required? | |
If so, was prior written clearance provided to | N/A |
allow the trade to proceed during this | |
period? | |
If prior written clearance was provided, on | N/A |
what date was this provided? | |
+ See chapter 19 for defined terms.
9/12/2010 | Appendix 3Y Page 3 |
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Resolute Mining Limited published this content on 21 May 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 21 May 2019 00:27:02 UTC