PDMR Shareholding and Director Dealing
PDMR Shareholding and Director Dealing
Vancouver, British Columbia--(Newsfile Corp. - December 15, 2021) - Thor Explorations Ltd. (TSXV:
THX) (AIM: THX) ("Thor Explorations" or the "Company") announces that Mr Ben Hodges, Chief
Financial Officer and Group Secretary, and a PDMR, has carried out a "Bed and ISA" transaction,
having transferred 128,000 Common Shares from his share dealing account to his ISA on 14 December
2021.
The beneficial holding of Mr Hodges (and persons closely associated with him) is unchanged following
this transaction and Mr Hodges remains beneficially interested in 210,000 Common Shares
representing approximately 0.03% of the total shareholding in the Company.
Additionally, Mr Adrian Coates, Non-Executive Chairman, has exercised options over 500,000 new
Common Shares at a price of CAD$0.12 each in the Company. Following this transaction, Mr Coates
holds an interest in 1,061,000 Common Shares in the Company representing approximately 0.17% of
the issued share capital of the Company.
Application has been made for the 500,000 new Common Shares to be admitted to trading on AIM and
it is expected that Admission will occur on or around 20 December 2021 ("Admission").
Following Admission, the Company's issued share capital will consist of 632,358,009 Common Shares.
Shareholders may use figure 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 Company.
For further information please contact:
Thor Explorations Ltd
Email:
Canaccord Genuity (Nominated Adviser & Broker)
Henry Fitzgerald-O'Connor / James Asensio / Thomas Diehl
Tel: +44 (0) 20 7523 8000
Hannam & Partners (Broker)
Andrew Chubb / Matt Hasson / Nilesh Patel / Franck Nganou
Tel: +44 (0) 20 7907 8500
Fig House Communications (Investor Relations)
Tel: +1 416 822 6483
Email:
Blytheweigh (Financial PR)
Tim Blythe / Megan Ray / Rachael Brooks
Tel: +44 207 138 3203
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
Ben Hodges
2
Reason for the
notification
a)
Position/status
Chief Financial Officer
b)
Initial notification/ Amendment
Initial notification
3
Details
of the issuer, emission allowance market participant,
auction
platform,
auctioneer or auction
monitor
a)
Name
Thor Explorations Ltd.
b)
LEI
213800AXZ8468CQYVT76
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
Common Shares of no par value
Identification code
CA8851491040
b)
Nature of the transaction
1. Sale of Common Shares from share
dealing account
2. Purchase of Common Shares into ISA
account
c)
Price(s) and volume(s)
Price(s)
Volume(s)
15.03 pence
128,000
d)
Aggregated information
- Aggregated volume
- Price
Price(s)
Volume(s)
Total
15.03 pence
128,000
£19,238.40
e)
Date of the transaction
13 December 2021
f)
Place of the transaction
Outside a trading venue
1
Details
of the person discharging managerial
responsibilities/person closely associated
a)
Name
Adrian Coates
2
Reason for the
notification
a)
Position/status
Non-Executive Chairman
b)
Initial notification/ Amendment
Initial notification
3
Details
of the issuer, emission allowance market participant,
auction
platform,
auctioneer or auction
monitor
a)
Name
Thor Explorations Ltd.
b)
LEI
213800AXZ8468CQYVT76
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 transactions have been
conducted
a)
Description of the financial instrument, type of
instrument
Common shares of CAD$0.12 each
Identification code
CA8851491040
b)
Nature of the transaction
Exercise of share options
c)
Price(s) and volume(s)
Price(s)
CAD$0.12
Volume(s)
500,000
d)
Aggregated information
- Aggregated volume
500,000
- Price
CAD$60,000
e)
Date of the transaction
14 December 2021
f)
Place of the transaction
Outside a trading venue
NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR
DISTRIBUTION TO U.S. WIRE SERVICES
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/107635