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HARTSHEAD RESOURCES NL — Director's Dealing 2014
Dec 21, 2014
65052_rns_2014-12-21_8c714401-ccdd-45df-a9e6-8a2fe53568a4.pdf
Director's Dealing
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22 December 2014
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CHANGE OF DIRECTOR’S INTEREST
Pura Vida Energy NL ( Pura Vida or the Company ) advises that, Managing Director, Damon Neaves has sold 850,000 shares via an organised crossing. This was a one-off sale by Mr Neaves to provide for tax on his shareholdings. The trade represents a small portion of Mr Neaves’ shareholdings in the Company and he presently has no intention to trade any further shares.
The trade was undertaken in accordance with the Company’s Securities Trading Policy.
Attached is the requisite Appendix 3Y and Form 605.
About Pura Vida Energy: Pura Vida is an Australian-based African oil explorer building a portfolio of high quality assets. Pura Vida currently has operations offshore Morocco, Gabon and Madagascar with significant resource potential and a fully funded high-impact drilling program.
Subscribe to FRONTIER - FRONTIER is the fastest way to receive breaking news about Pura Vida. To subscribe to our email alert service, FRONTIER , visit our website at www.puravidaenergy.com.au
CONTACT MEDIA CONTACT Damon Neaves, Managing Director John Gardner or Rupert Dearden w: +61 8 9226 2011 MAGNUS Investor Relations e: [email protected] w: +61 8 6160 4900
Appendix 3Y Change of Director’s Interest Notice
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 | Pura Vida Energy NL |
|---|---|
| ABN | 11 150 624 169 |
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 | Damon Neaves |
|---|---|
| Date of last notice | 6 February 2013 |
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 | |
|---|---|---|
| Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest. |
||
| Date of change | 17 and 18 December 2014 | |
| No. of securities held prior to change | Direct 5,000,000 fully paid ordinary shares; and 2,500,000 options exercisable at $0.40 each on or before 6 September 2016 Indirect Damon Neaves as trustee for the Neaves Family Account 1,525,000 fully paid ordinary shares; 4,725,000partly paid shares |
|
| Class | Performance Rights (unlisted) Fully paid ordinaryshares |
|
| Number acquired | 275,000 Performance Rights | |
| Number disposed | 850,000 Fully paid ordinary shares |
- See chapter 19 for defined terms.
Appendix 3Y Page 1
22/12/2014
Appendix 3Y Change of Director’s Interest Notice
| Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation |
$289,000 | |
|---|---|---|
| No. of securities held after change | Direct 4,806,562 fully paid ordinary shares; 2,500,000 options exercisable at $0.40 each on or before 6 September 2016; and 275,000 performance rights Indirect Damon Neaves as trustee for the Neaves Family Account 4,725,000 partly paid shares Damon Neaves as Sole Director of Ishtah Sfax Pty Ltd as trustee for the Ishtah Sfax Fund 868,438 fully paid ordinary shares |
|
| Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back |
Performance Rights issued pursuant to the Pura Vida Performance Rights Plan approved by Shareholders Organised crossing |
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 | N/A |
|---|---|
| Nature of interest | N/A |
| Name of registered holder (if issued securities) |
N/A |
| Date of change | N/A |
| 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 |
N/A |
| Interest acquired | N/A |
| Interest disposed | N/A |
| Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation |
N/A |
| Interest after change | N/A |
- See chapter 19 for defined terms.
Appendix 3Y Page 2
22/12/2014
Appendix 3Y Change of Director’s Interest Notice
Part 3 –[+] Closed period
| 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? |
No |
| If so, was prior written clearance provided to allow the trade to proceed during this period? |
N/A |
| If prior written clearance was provided, on what date was this provided? |
N/A |
- See chapter 19 for defined terms.
Appendix 3Y Page 3
22/12/2014
605 Page 1 of 2 15 July 2001
Form 605
Corporations Act 2001
Section 671B
Notice of ceasing to be a substantial holder
To Company Name/Scheme
Pura Vida Energy NL
ACN/ARSN 150 624 169
1. Details of substantial holder (1)
Name
Damon Neaves
ACN/ARSN (if applicable)
The holder ceased to be a substantial holder on 19/12/2014
The previous notice was given to the company on 16/12/2013
The previous notice was dated 16/12/2013
2. Changes in relevant interests
Particulars of each change in, or change in the nature of, a relevant interest (2) of the substantial holder or an associate (3) in voting securities of the company or scheme, since the substantial holder was last required to give a substantial holding notice to the company or scheme are as follows:
| follows: | |||||
|---|---|---|---|---|---|
| Date of change |
Person whose relevant interest changed |
Nature of change (4) | Consideration given in relation to change (5) |
Class (6) and number of securities affected |
Person's votes affected |
| 16/01/14 | Damon Neaves |
Dilution from conversion of Partly Paid Shares |
N/A | 6,525,000 FPO 4,725,000 PPS |
(0.0112%) (0.0050%) |
| 01/04/14 | Damon Neaves |
Dilution from conversion of Partly Paid Shares |
N/A | 6,525,000 FPO 4,725,000 PPS |
(0.0311%) (0.0057%) |
| 18/06/14 | Damon Neaves |
Dilution from conversion of Partly Paid Shares |
N/A | 6,525,000 FPO 4,725,000 PPS |
(0.0394%) (0.0014%) |
| 02/07/14 | Damon Neaves |
Dilution from conversion of Partly Paid Shares |
N/A | 6,525,000 FPO 4,725,000 PPS |
(0.0202%) (0.0007%) |
| 27/08/14 | Damon Neaves |
Dilution from conversion of Partly Paid Shares |
N/A | 6,525,000 FPO 4,725,000 PPS |
(0.0041%) (0.0001%) |
| 13/10/14 | Damon Neaves |
Dilution from conversion of Partly Paid Shares |
N/A | 6,525,000 FPO 4,725,000 PPS |
(0.0201%) (0.0007%) |
| 23/10/14 | Damon Neaves |
Dilution from conversion of Partly Paid Shares |
N/A | 6,525,000 FPO 4,725,000 PPS |
(0.0254%) (0.0009%) |
| 19/12/14 | Damon Neaves Ishtah Sfax Pty Ltd Sfax Fund> |
Dilution from conversion of Options and Partly Paid securities and the sale of shares |
N/A | 5,675,000 FPO 4,725,000 PPS |
(0.7008%) (0.0022%) |
3. Changes in association
The persons who have become associates (3) of, ceased to be associates of, or have changed the nature of their association (7) with, the substantial holder in relation to voting interests in the company or scheme are as follows:
Name and ACN/ARSN (if applicable) Nature of association
605 Page 2 of 2 15 July 2001
4. Addresses
The addresses of persons named in this form are as follows:
| Name | Address |
|---|---|
| Damon Neaves | C/- Pura Vida Energy NL, Level 3, 89 St Georges Terrace, Perth |
Signature
DAMON NEAVES print name capacity MANAGING DIRECTOR sign here date 22/12/2014
DIRECTIONS
-
(1) If there are a number of substantial holders with similar or related relevant interests (eg. a corporation and its related corporations, or the manager and trustee of an equity trust), the names could be included in an annexure to the form. If the relevant interests of a group of persons are essentially similar, they may be referred to throughout the form as a specifically named group if the membership of each group, with the names and addresses of members is clearly set out in paragraph 4 of the form.
-
(2) See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001.
-
(3) See the definition of "associate" in section 9 of the Corporations Act 2001.
-
(4) Include details of:
-
(a) any relevant agreement or other circumstances because of which the change in relevant interest occurred. If subsection 671B(4) applies, a copy of any document setting out the terms of any relevant agreement, and a statement by the person giving full and accurate details of any contract, scheme or arrangement, must accompany this form, together with a written statement certifying this contract, scheme or arrangement; and
-
(b) any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers or disposal of the securities to which the relevant interest relates (indicating clearly the particular securities to which the qualification applies).
See the definition of "relevant agreement" in section 9 of the Corporations Act 2001.
-
(5) Details of the consideration must include any and all benefits, money and other, that any person from whom a relevant interest was acquired has, or may, become entitled to receive in relation to that acquisition. Details must be included even if the benefit is conditional on the happening or not of a contingency. Details must be included of any benefit paid on behalf of the substantial holder or its associate in relation to the acquisitions, even if they are not paid directly to the person from whom the relevant interest was acquired.
-
(6) The voting shares of a company constitute one class unless divided into separate classes.
-
(7) Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice.