Results of General Meeting and Director's Interest

 

 

 

 

 

 

PRAIRIE MINING LIMITED

 

NEWS RELEASE | 5 June 2019 | LSE/WSE/ASX: PDZ

 

RESULTS OF GENERAL MEETING AND CHANGE OF DIRECTOR'S INTERESTS

 

A General Meeting of the Company was held today in Perth, Western Australia, 5 June 2019, at 10.00am (WST).

 

The resolutions voted on were in accordance with the Notice of General Meeting previously advised to shareholders.

 

In accordance with Section 251AA of the Corporations Act 2001, the following information is provided:

 

Resolution	Result	Number of Proxy Votes
		For	Against	Abstain	Proxy's Discretion
1.         Approval to Grant Performance Rights to Selwyn Capital Limited	Passed on a show of hands	49,183,545	1,403,000	42,000	10,600,101
2.         Approval of Change of Control Bonus for Selwyn Capital Limited	Passed on a show of hands	5,793,925	16,500	44,818,120	10,600,101

 

As a result and as previously advised on 12 April 2019, the Company has today issued 500,000 Performance Rights (expiring 30 September 2020) to Selwyn Capital Limited (a nominee of Mr Ben Stoikovich), which vest subsequent to securing a new strategic investor.

 

No new Ordinary Shares have been issued. The figure of 212,275,089 Ordinary Shares can continued to be used by shareholders 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 FCA's Disclosure and Transparency Rules.

 

A Change of Directors Interest Notice is included below.

 

For further information, please contact:
Prairie Mining Limited	Tel: +44 207 478 3900
Ben Stoikovich, Chief Executive Officer	Email: [email protected]
Sapan Ghai, Head of Corporate Development

 

 

 

 

 

 

 

Rule 3.19A.2

Appendix 3Y

 

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 30/09/01  Amended 01/01/11

 

Name of entity    Prairie Mining Limited

ABN                     23 008 677 852

 

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	Benjamin Stoikovich
Date of last notice	4 February 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

 

Note: In the case of a company, interests which come within paragraph (i) of the definition of "notifiable interest of a director" should be disclosed in this part.

 

Direct or indirect interest	Direct and Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Windellama Capital Limited (Beneficial Interest) Selwyn Capital Limited (Beneficial Interest)
Date of change	5 June 2019
No. of securities held prior to change	A.       1,492,262 B.       640,000 C.       Nil D.       960,000
Class	A.       Ordinary Fully Paid Shares B.       Performance Rights - expiry 31 December 2019 C.       Performance Rights - expiry 30 September 2020 D.       Performance Rights - expiry 31 December 2020
Number acquired	A.       Nil B.       Nil C.       500,000 D.       Nil
Number disposed	Nil
Value/Consideration ·                      Note: If consideration is non-cash, provide details and estimated valuation	Nil - see nature of change section below
No. of securities held after change	A.       1,492,262 B.       640,000 C.       500,000 D.       960,000
Nature of change ·                      Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Issue of performance rights following shareholder approval

 

Part 2 - Change of director's interests in contracts

 

Note: In the case of a company, interests which come within paragraph (ii) of the definition of "notifiable interest of a director" should be disclosed in this part.

 

Detail of contract	Not applicable
Nature of interest	Not applicable
Name of registered holder (if issued securities)	Not applicable
Date of change	Not applicable
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	Not applicable
Interest acquired	Not applicable
Interest disposed	Not applicable
Value/Consideration ·                      Note: If consideration is non-cash, provide details and an estimated valuation	Not applicable
Interest after change	Not applicable

 

Part 3 - +Closed period

 

Were the interests in the securities or contracts detailed above traded during a +closed period where prior written clearance was required?	Not applicable
If so, was prior written clearance provided to allow the trade to proceed during this period?	Not applicable
If prior written clearance was provided, on what date was this provided?	Not applicable

 

Initial notification/Amendment	Initial
LEI	213800EHCGNYSCN9T108
Place of transaction	Australia