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RED MOUNTAIN MINING LIMITED Director's Dealing 2014
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Director's Dealing
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ASX ANNOUNCEMENT 5 AUGUST 2014
CHANGE OF DIRECTORS' INTEREST NOTICES
Red Mountain Mining Limited provides the following Appendix 3Y's relating to the issue of Performance Rights to Directors, as approved by shareholders.
Due to an administrative oversight, the Appendix 3Y's were not released within 5 business days of the issue of the Performance Rights.
The Company confirms that formal arrangements are in place with each Director of the Company as contemplated by ASX Listing Rule 3.19B whereby each Director agrees and undertakes to provide the Company with details of any changes to their notifiable interests, within the time frames required by ASX Listing Rule 3.19A. These requirements are also enshrined in the Company's securities trading policy.
The Company's existing arrangements are considered adequate to ensure future compliance with ASX Listing Rule 3.19B.
For further information about Red Mountain please visit www.redmm.com.au or contact:
Company Investors Media Jon Dugdale Matt Birney Managing Director Birney Corporate (+61) 402 298 026 (+61) 419 217 090 (+61) 8 9226 5668 (+61)8 9226 5668 E : [email protected] E : [email protected]
ASX code: RMX COMPANY DIRECTORS CONTACT DETAILS Non-Executive Chairman Non-Executive Director Head Office
ABN 40 119568106 Neil Warburton Michael Wolley RED MOUNTAIN MINING LTD Jon Dugdale Shannon Coates Unit 1, 2 Richardson Street Managing Director Company Secretary West Perth Western Australia 6005 www.redmm.com.au [email protected]
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 Red Mountain Mining Ltd | |
|---|---|
| ABN 40 119 568 106 |
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 | Neil Fredrick Warburton |
|---|---|
| Date of last notice | 13 February 2014 |
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 | Indirect |
|---|---|
| Nature of indirect interest | The securities are held by Michlange Pty Ltd |
| (including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest. | < Warburton Super A/C>. |
| Mr Warburton is a Director and shareholderof Michlange Pty Ltd and a beneficiary of thetrust. | |
| Date of change | 11 March 2014 |
+ See chapter 19 for defined terms.
| No. of securities held prior to change | |
|---|---|
| Direct | |
| 125,000 Ordinary Shares | |
| 75,000 Options exercisable at $0.20 expiring | |
| on 30 June 2014 | |
| Indirect | |
| Ordinary Shares14,565,625 | |
| 8,325,999 Ordinary Shares3 | |
| Ordinary Shares41,925,000 | |
| 3,399,375Optionsexercisableat$0.20 | |
| expiring on 30 June 20141 | |
| 625,000 Ordinary Shares2 | |
| 375,000Optionsexercisableat$0.20 | |
| expiring on 30 June 20142 | |
| 6,403,600Listed Options exercisable at 3.0 | |
| cents on or before 30 June 20163 | |
| 187,500Listed Options exercisable at 1.5 | |
| cents on or before 30 June 20144 | |
| 93,750Listed Options exercisable at 3.0 | |
| cents on or before 30 June 20164 | |
| 1.Held by Michlange Pty Ltd of which | |
| Mr Warburton is a director and | |
| shareholder. | |
| 2.Held by Australian Beijing Holdings | |
| Pty Ltd of which Mr Warburton is a | |
| director and shareholder. | |
| 3.Held by Michlange Pty Ltd<nf< th=""></nf<> | |
| WarburtonFamilyA/C>.Mr | |
| Warburtonisadirectorand | |
| shareholder and beneficiary of the | |
| trust. | |
| 4.HeldbyMichlangePtyLtd | |
| <warburtonSuperA/C>.Mr</warburton | |
| Warburtonisadirectorand | |
| shareholder and beneficiary of the | |
| trust. | |
+ See chapter 19 for defined terms.
| Class | Class A Performance Rights convertible toShares on or before 18 November 2016,subject to vesting conditions (5 cent shareprice and 12 months continued service fromgrant date);Class B Performance Rights convertible toShares on or before 18 November 2017,subject to vesting conditions (10 cent shareprice and 24 months continued service fromgrant date); andClass C Performance Rights convertible toShares on or before 18 November 2018,subject to vesting conditions (15 cent shareprice and 36 months continued service fromgrant date). |
|---|---|
| Number acquired | 1,500,000ClassAPerformanceRights;2,250,000 Class B Performance Rights; and2,250,000 Class C Performance Rights. |
| Number disposed | Nil. |
| Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation | Nil cash consideration.The valuation, as detailed in the Notice ofGeneral Meeting dated 16 January 2014 is asper below:Class A Performance Rights: $5,250Class B Performance Rights: $7,875Class C Performance Rights: $7,875 |
+ See chapter 19 for defined terms.
| No. of securities held after change | Direct |
|---|---|
| 125,000 Ordinary Shares | |
| 75,000 Options exercisable at $0.20 expiring | |
| on 30 June 2014 | |
| Indirect | |
| Ordinary Shares14,565,625 | |
| Ordinary Shares38,325,999 | |
| Ordinary Shares41,925,000 | |
| 3,399,375Optionsexercisableat$0.20 | |
| expiring on 30 June 20141 | |
| 625,000 Ordinary Shares2 | |
| 375,000Optionsexercisableat$0.20 | |
| expiring on 30 June 20142 | |
| 6,403,600Listed Options exercisable at 3.0 | |
| cents on or before 30 June 20163 | |
| 187,500Listed Options exercisable at 1.5 | |
| cents on or before 30 June 20144 | |
| 93,750Listed Options exercisable at 3.0 | |
| cents on or before 30 June 20164 | |
| 1,500,000ClassAPerformanceRights | |
| convertibletoSharesonorbefore18 | |
| November2016,subjecttovesting | |
| conditions (5 cent share price and 12 months | |
| continued service from grant date)4; | |
| 2,250,000ClassBPerformanceRights | |
| convertibletoSharesonorbefore18 | |
| November2017,subjecttovesting | |
| conditions (10 cent share price and 24 | |
| 4months continued service from grant date) | |
| 2,250,000ClassCPerformanceRights | |
| convertibletoSharesonorbefore18 | |
| November2018,subjecttovesting | |
| conditions (15 cent share price and 36 | |
| months continued service from grant date)4 | |
| 1.Held by Michlange Pty Ltd of which | |
| Mr Warburton is adirector and | |
| shareholder. | |
| 2.Held by Australian Beijing Holdings | |
| Pty Ltd of which Mr Warburton is a | |
| director and shareholder. | |
| 3.Held by Michlange Pty Ltd<nf< th=""></nf<> | |
| WarburtonFamilyA/C>.Mr | |
| Warburtonisadirectorand | |
| shareholder and beneficiary of the | |
| trust. | |
| 4.HeldbyMichlangePtyLtd | |
| <warburtonSuperA/C>.Mr</warburton | |
| Warburtonisadirectorand | |
| shareholder and beneficiary of the | |
| trust. | |
| + See chapter 19 for defined terms. |
| Nature of change | IssueofPerformanceRightsfollowing |
|---|---|
| Example: on-market trade, off-market trade, exercise of options,issue of securities under dividend reinvestment plan, participation inbuy-back | receiptofShareholderApprovalon17February 2014. |
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 | |
| 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 inrelation to which the interest has changed | |
| Interest acquired | |
| Interest disposed | |
| Value/Consideration | |
| Note: If consideration is non-cash, provide detailsand an estimated valuation | |
| Interest after change | |
Part 3 – +Closed period
| Were the interests in the securities or contracts detailed | No |
|---|---|
| above traded during a +closed periodwhere prior written | |
| clearance was required? | |
| If so, was prior written clearance provided to allow the trade | |
| to proceed during this period? | |
| If prior written clearance was provided, on what date was thisprovided? |
+ See chapter 19 for defined terms.
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 Red Mountain Mining Ltd | |
|---|---|
| ABN 40 119 568 106 |
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 | Lawrence Jonathon Dugdale |
|---|---|
| Date of last notice | 12 February 2014 |
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 relevantinterest. | |
| Date of change | 11 March2014 |
| No. of securities held prior to change | Indirect2,082,200 Ordinary Shares175,000Listed Options exercisable at 1.5cents on or before 30 June 2014137,500Listed Options exercisable at 3.0cents on or before 30 June 20161 |
| Held by LJ and Dr AL Dugdale<dugdaleSuperannuationFundA/C>. MrDugdaleis a trustee andbeneficiary of the fund.</dugdale |
+ See chapter 19 for defined terms.
| Class | Class A Performance Rights convertible toShares on or before 18 November 2016,subject to vesting conditions (5 cent shareprice and 12 months continued service fromgrant date);Class B Performance Rights convertible toShares on or before 18 November 2017,subject to vesting conditions (10 cent shareprice and 24 months continued service fromgrant date); andClass C Performance Rights convertible toShares on or before 18 November 2018,subject to vesting conditions (15 cent shareprice and 36 months continued service fromgrant date). |
|---|---|
| Number acquired | 3,000,000ClassAPerformanceRights;4,500,000 Class B Performance Rights; and4,500,000 Class C Performance Rights. |
| Number disposed | Nil. |
| Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation | Nilconsideration.The valuation, as detailed in the Notice ofGeneral Meeting dated 16 January 2014is asper below:Class A Performance Rights: $10,500Class B Performance Rights: $15,750Class C Performance Rights: $15,750 |
+ See chapter 19 for defined terms.
| No. of securities held after change | Direct3,000,000ClassAPerformanceRightsconvertibletoSharesonorbefore18November2016,subjecttovestingconditions (5 cent share price and 12 monthscontinued service from grant date);4,500,000ClassBPerformanceRightsconvertibletoSharesonorbefore18November2017,subjecttovestingconditions (10 cent share price and 24months continued service from grant date)4,500,000ClassCPerformanceRightsconvertibletoSharesonorbefore18November2018,subjecttovestingconditions (15 cent share price and 36months continued service from grant date).IndirectOrdinary Shares12,082,20075,000Listed Options exercisable at 1.5 | |
|---|---|---|
| cents on or before 30 June 2014137,500Listed Options exercisable at 3.0cents on or before 30 June 20161 | ||
| 1.Held by LJ and Dr AL Dugdale<dugdaleSuperannuationFundA/C>. MrDugdaleis a trustee andbeneficiary of the fund.</dugdale | ||
| Nature of changeExample: on-market trade, off-market trade, exercise of options,issue of securities under dividend reinvestment plan, participation inbuy-back | IssueofPerformanceRightsfollowingreceiptofShareholderApprovalon17February 2014. |
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 | |
| Name of registered holder(if issued securities) | |
| Date of change |
+ See chapter 19 for defined terms.
| No. and class of securities to whichinterest related prior to changeNote: Details are only required for a contract inrelation to which the interest has changed | |
|---|---|
| Interest acquired | |
| Interest disposed | |
| Value/ConsiderationNote: If consideration is non-cash, provide detailsand an estimated valuation | |
| Interest after change |
Part 3 – +Closed period
| Were the interests in the securities or contracts detailed | No |
|---|---|
| above traded during a +closed periodwhere prior written | |
| clearance was required? | |
| If so, was prior written clearance provided to allow the trade | N/A |
| to proceed during this period? | |
| If prior written clearance was provided, on what date was this | N/A |
| provided? |
+ See chapter 19 for defined terms.
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 Red Mountain Mining Ltd | |
|---|---|
| ABN 40 119 568 106 |
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 | Michael Brian Wolley |
|---|---|
| Date of last notice | 13 May 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 relevantinterest. | |
| Date of change | 11 March 2014 |
| No. of securities held prior to change | Nil. |
+ See chapter 19 for defined terms.
| Class | Class A Performance Rights convertible toShares on or before 18 November 2016,subject to vesting conditions (5 cent shareprice and 12 months continued service fromgrant date);Class B Performance Rights convertible toShares on or before 18 November 2017,subject to vesting conditions (10 cent shareprice and 24 months continued service fromgrant date); andClass C Performance Rights convertible toShares on or before 18 November 2018,subject to vesting conditions (15 cent shareprice and 36 months continued service fromgrant date). |
|---|---|
| Number acquired | 1,000,000ClassAPerformanceRights;1,500,000 Class B Performance Rights; and1,500,000 Class C Performance Rights. |
| Number disposed | Nil. |
| Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation | Nil cash consideration.The valuation, as detailed in theNotice ofGeneral Meeting dated 16 January 2014 is asper below:Class A Performance Rights: $3,500Class B Performance Rights: $5,250Class C Performance Rights: $5,250 |
| No. of securities held after change | Direct1,000,000ClassAPerformanceRightsconvertibletoSharesonorbefore18November2016,subjecttovestingconditions (5 cent share price and 12 monthscontinued service from grant date);1,500,000ClassBPerformanceRightsconvertibletoSharesonorbefore18November2017,subjecttovestingconditions (10 cent share price and 24months continued service from grant date)1,500,000ClassCPerformanceRightsconvertibletoSharesonorbefore18November2018,subjecttovestingconditions (15 cent share price and 36months continued servicefrom grant date). |
+ See chapter 19 for defined terms.
| Nature of changeExample: on-market trade, off-market trade, exercise of options,issue of securities under dividend reinvestment plan, participation inbuy-back | IssueofPerformanceRightsfollowingreceiptofShareholderApprovalon17February 2014. |
|---|---|
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 | |
| Name of registered holder | |
| (if issued securities) | |
| Date of change | |
| No. and class of securities to which | |
| interest related prior to changeNote: Details are only required for a contract inrelation to which the interest has changed | |
| Interest acquired | |
| Interest disposed | |
| Value/ConsiderationNote: If consideration is non-cash, provide detailsand an estimated valuation | |
| Interest after change |
Part 3 – +Closed period
| Were the interests in the securities or contracts detailed | No |
|---|---|
| above traded during a +closed periodwhere prior written | |
| clearance was required? | |
| If so, was prior written clearance provided to allow the trade | |
| to proceed during this period? | |
| If prior written clearance was provided, on what date was this | |
| provided? |
+ See chapter 19 for defined terms.