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WEEBIT NANO LTD Director's Dealing 2014

Nov 24, 2014

66042_rns_2014-11-24_c71457f5-bb65-4ed7-ab09-e35e8749e5b2.pdf

Director's Dealing

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Change in Directors Interest

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ACN 146 455 576

ASX Release

25 November 2014

Suite 7, 55 Hampden Rd Nedlands WA 6009 PO BOX 994 Subiaco WA 6904

P + 61 8 9389 9919 F + 61 8 6389 0576 E [email protected] W www.radariron.com.au

Contact:

Jonathan Lea Managing Director E [email protected]

Damon Sweeny

Company Secretary E [email protected]

Directors:

Alan Tough - Chairman Jonathan Lea - Managing Director Ananda Kathiravelu - Non-Executive David Sourbutts- Non-Executive

Radar Iron Ltd (‘Radar’, ‘Company’, ASX: RAD) refers to the appended directors interest notices for Mr Alan Tough & Mr David Sourbutts. In its due diligence process and related internal audit for the proposed rights issue disclosed previously, the Company identified information not yet disclosed and reports it here. The initial interest notice for Mr Sourbutts (showing NIL interests), although prepared at the time, was not lodged due to administrative oversight. The Appendix 3y for Mr Tough shows the correct current holding details. The Company advises that these notices have not met the timetable as per Listing Rule 3.19A, but it has now given notice at its earliest opportunity.

Under the Company’s corporate governance policy all Directors must inform the Company Secretary via email as soon as possible following the acquisition or sale of securities in the Company. All Officers of the Company are aware of their obligations regarding ‘notifiable interests of a Director’. Mr Tough’s change in interest is the result of delayed automated execution of an instruction made online by Mr Tough at an earlier stage, and subsequent issues with the email notification of same. The Company believes that its current policies are adequate for compliance with Listing Rule 3.19B. However, the Company advises that it has now taken the additional step of instructing its registry to automatically notify Radar’s corporate governance team of any transaction regarding entities associated with the Directors to void any such issues in the future.

Yours sincerely

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Damon Sweeny Company Secretary

Issued Capital:

132,248,630 Ordinary Shares 5,000,000 Unlisted Options

ASX Code:

RAD (Fully Paid Ordinary Shares)

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Appendix 3X Initial Director’s Interest Notice

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.

Name of entity RADAR IRON LTD
CAN 146 455 576

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 David Sourbutts
Date of appointment 14.05.2014

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

NIL

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 interest
Note: Provide details of the circumstances giving rise
to 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
Name of registered holder
(if issued securities)
No. and class of securities to which
interest relates
  • See chapter 19 for defined terms.

Appendix 3X Page 1

11/3/2002

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

Introduced 30/09/01 Amended 01/01/11
Name of entity
RADAR IRON LTD
ACN 146 455 576

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.


director for the purposes of

section 205G of the Corporations Act.
Name of Director Alan Tough
Date of last notice 17/09/2013

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 & Indirect
Nature of indirect interest
(including registered holder)
Note:
Provide
details
of
the
circumstances giving rise to the
relevant interest.
Gamma Corporation Pty Ltd
(Mr Tough is a Director and has a beneficial interest.)
Date of change 23/5 -24/6
No. of securities held prior
to change
731,771 Ordinary sharesheld by the following registered holders:
50,000 - Alan Tough
681,771- Gamma Corporation Pty Ltd
Class Ordinary shares
Number acquired 30,000
Number disposed
Value/Consideration
Note: If consideration is non-cash,
provide
details
and
estimated
valuation
$1657
  • See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change 761,771 Ordinary sharesheld by the following registered holders:
50,000 - Alan Tough
711,771- Gamma Corporation Pty Ltd
Nature of change
Example: on-market trade, off-market trade,
exercise of options, issue of securities under
dividend reinvestment plan, participation in
buy-back
Automated on market purchase through online broker.

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 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 in relation to which the interest has changed Interest acquired Interest disposed Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation Interest after change

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?
If prior written clearance was provided, on what date was this
provided?
  • See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011