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STRIKE RESOURCES LIMITED — Director's Dealing 2002
Dec 10, 2002
65855_rns_2002-12-10_66bc9a15-65eb-494e-92a7-58b0a3045251.pdf
Director's Dealing
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Appendix 3Y
Change of Director's Interest Notice
Information or documents not available now must be given to ASX as soon as Information and documents given to ASX become ASX's property available. and may be made public.
Introduced 30/9/2001.
| Name of entity | FAST SCOUT LIMITED |
|---|---|
| ABN | 94 088 488 724 |
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 | Azhar Chaudhri |
|---|---|
| Date of last notice | 8 January 2002 |
Part 1 - Change of director's relevant interests in securities
The case of a trust, this includes interests in the trust made available by the
responsible entity of the trust
| Direct or indirect interest | Indirect | |||
|---|---|---|---|---|
| Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest. |
Taken under section 608(3)(a) of the Corporations Act to have a relevant interest by reason of having voting power above 20% in a body corporate Data Base Systems Ltd |
|||
| Date of change | 15 August 2002 | |||
| No. of securities held prior to change | А. | Relevant interests in securities of which the director is the registered holder: |
||
| 20 A Ordinary fully paid shares; $\left( i\right)$ |
||||
| В. | Relevant interests in securities of which the director is not the registered holder |
|||
| 50,301,700 Ordinary fully paid shares (i) held by Data Base Systems Limited; |
||||
| 2,507,501 Ordinary fully paid shares held (ii) by Renmuir Holdings Limited 8 |
A The Appendix 3X Initial Director's Interest Notice of Azhar Chaudhri dated 8 January 2002 incorrectly states this holding as 20,000.
$\hat{\mathbf{B}}$ Renmuir Holdings Ltd is a company incorporated in the British Virgin Islands - it is a registered holder of securities in Fast Scout Ltd.
The shareholder of Renmuir Holdings Ltd holds the legal interest in Renmuir Holdings Ltd on bare trust for Faroog Khan ("First Trust"). Faroog Khan, in turn, holds the beneficial interests in Renmuir Holdings Ltd on bare trust for Azhar Chaudhri ("Second Trust").
Therefore, Azhar Chaudhri is the ultimate beneficial holder of the interests in Renmuir Holdings Ltd and has the power to direct Farooq Khan as bare trustee of the Second Trust. Renmuir is controlled by and acts in concert with Azhar Chaudhri.
FAST SCOUT LIMITED A.B.N. 94 088 488 724
| Class | Refer above | ||
|---|---|---|---|
| Number acquired | None | ||
| Number disposed | 75,000 Ordinary fully paid shares held by Data Base Systems Limited |
||
| Value/Consideration Note: If consideration is non- provide details cash, and estimated valuation |
\$1,875.00 | ||
| No. of securities held after change | Relevant interests in securities of which the А. director is the registered holder: |
||
| 20 Ordinary fully paid shares; (i) |
|||
| В. Relevant interests in securities of which the director is not the registered holder |
|||
| (i) 50,226,700 Ordinary fully paid shares held by Data Base Systems Limited; |
|||
| 2,507,501 Ordinary fully paid shares held (ii) by Renmuir Holdings Limited |
|||
| Nature of change Example: on-market trade. off- market trade. exercise ο£ options, issue ٥£ securities under dividend reinvestment plan, participation in buy-back |
Disposal by Data Base Systems Ltd in off-market transfers - 75,000 Ordinary fully paid shares; |
Part 2 - Change of director's interests in contracts
| Detail of contract | Not Applicable |
|---|---|
| Nature of interest | Not Applicable |
| Name of registered holder | Not Applicable |
| (if issued securities) | |
| Date of change | Not Applicable |
| No, and class of securities to which interest related prior to change |
Not Applicable |
| Note: Details are only required for a contract in relation to which the interest has changed |
|
| Interest acquired | Not Applicable |
| Interest disposed | Not Applicable |
| Value/Consideration | Not Applicable |
| Note: If consideration is non-cash, provide details and an estimated valuation. |
|
| Interest after change | Not Applicable |
Signature of Director: *
Date: *10 December 2002
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