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PROSPECT RESOURCES LIMITED Major Shareholding Notification 2022
65617_rns_2022-01-13_e5ae67e8-54ae-47de-aca0-a808f8dbcf0d.pdf
Major Shareholding Notification
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ASX.PSC FRA.5E8
ASX ANNOUNCEMENT 14 January 2022
Notice of Long Equity Derivative Position
Prospect Resources Limited (ASX: PSC, FRA:5E8) (Prospect or the Company) has received the attached notice from Weiss Asset Management LP, provided under Guidance Note 20: Equity Derivatives, issued by the Australian Takeovers Panel.
For further information, please contact:
Sam Hosack Managing Director [email protected] Nicholas Rathjen Head of Corporate Development [email protected]
DETAILS OF CASH-SETTLED EQUITY SWAPS
| Type of derivative instrument | Cash-Settled Equity Swaps | |
|---|---|---|
| Identity of taker | Weiss Asset Management LP and on behalf ofBrookdale International Partners, L.P., BrookdaleGlobal Opportunity Fund, BIP GP LLC, WAM GP LLCand Andrew Weiss (Weiss Group) | |
| Relevant security | Prospect Resources Limited, (ASX/LSE: PSC) | |
| ACN 124 354 329 | ||
| Entry date | 29 December 2021 - 13 January 2022; See Exhibit A | |
| Number of securities to which the derivative relates | 22,463,397; See Exhibit A | |
| Price Range | AUD 0.7686 - 0.8716; See Exhibit A | |
| Long equity derivative positions held by taker andits associates | 22,463,397; See Exhibit A |
_____________________________
Georgiy Nikitin Date: 13 January 2022
Exhibit A
Details of Cash-Settled Equity Swaps
| Trade Date | Number of shares referenced | Price Per Share |
|---|---|---|
| 29 December 2021 | 3,048,929 | 0.7686 |
| 30 December 2021 | 2,000,000 | 0.7691 |
| 4 January 2022 | 1,332,988 | 0.7997 |
| 5 January 2022 | 1,919,341 | 0.795896 |
| 6 January 2022 | 2,370,570 | 0.8176 |
| 6 January 2022 | 504,858 | 0.800752 |
| 7 January 2022 | 3,022,636 | 0.8364 |
| 10 January 2022 | 1,197,237 | 0.8681 |
| 11 January 2022 | 881,627 | 0.8646 |
| 12 January 2022 | 2,296,916 | 0.8716 |
| 13 January 2022 | 3,888,295 | 0.8466 |