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SCIDEV LTD — Director's Dealing 2019
May 27, 2019
65761_rns_2019-05-27_447add6b-1354-4507-b442-b31b84820a61.pdf
Director's Dealing
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Unit 1 8 Turbo Road Kings Park NSW 2148 Australia ABN 25 001 150 849
Phone: +61 408 509 649 Email: [email protected] Website: www.scidev.com.au ASX code: SDV
Companies Announcements Office Australian Stock Exchange
28 May 2019
SciDev Appoints Jon Gourlay to the Board
SciDev Ltd (ASX:SDV) is pleased to announce the appointment of Mr Jon Gourlay BCom CA to the Board.
Jon is a chartered accountant with extensive experience in finance and project management, risk management, business improvement and investor relationships, with a focus on the resources and technology sectors.
He is currently Commercialisation Manager, Technology and Innovation, for Newcrest Mining (2011 – present), with prior roles in investor relations, analysis and improvement of Newcrest's operations at the Lihir Island Gold Mine, PNG. Prior to this, Jon was engaged at both PricewaterhouseCoopers and Deloitte. He also consulted directly to a broad range of corporate groups in the resources, investment banking and superannuation industries.
His strong commercial skills will augment and broaden those already represented on the Board and his extensive experience in managing IP and technology in the mining sector will assist SciDev in executing the Company's aggressive growth strategy.
Jon is engaged as a Non-Executive Independent Director of SciDev. He has requested remuneration on an equity (rather than cash) basis, which reflects his strong belief in the Company's future.
The Board proposes an issue of options to Jon under the Company's Employee Share/Option Scheme. It is proposed the options be issued at an exercise price of $0.12 per share. This will be more fully articulated in a Notice of General Meeting that will be issued to address a range of option issues requiring shareholder consideration.
An Appendix 3X Notice is attached.
On behalf of SciDev Ltd
Lewis Utting Managing Director and CEO
Rule 3.19A.1
Appendix 3X
Initial 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 30/9/2001.
SCIDEV LTD
ABN 25 001 150 849
We (the entity) give ASX the following information under listing rule 3.19A.1 and as agent for the director for the purposes of section 205G of the Corporations Act.
| Name of Director | Jon Gourlay |
|---|---|
| Date of appointment | 28 May 2019 |
Part 1 - Director's relevant interests in securities of which the director is the registered holder 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.
Number & class of securities
Jon Gourlay – 206, 349 fully paid ordinary shares
+ See chapter 19 for defined terms.
Part 2 – Director's relevant interests in securities of which the director is not the registered holder
In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust
| Name of holder & nature of interestNote: Provide details of the circumstances giving riseto the relevant interest. | Number & class of Securities |
|---|---|
| Nil | |
Part 3 – 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 | |
|---|---|
| Nil | |
| Nature of interest | Nil |
| Name of registered holder(if issued securities) | Nil |
| No. and class of securities to whichinterest relates | Nil |
+ See chapter 19 for defined terms.