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WEEBIT NANO LTD — Director's Dealing 2015
Dec 20, 2015
66042_rns_2015-12-20_ff169ff9-129f-4694-9fbb-da9ee425ac25.pdf
Director's Dealing
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Change in Directors Interest
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ACN 146 455 576
ASX Release
21 December 2015
Suite 8, 55 Hampden Rd Nedlands WA 6009 PO BOX 994 Subiaco WA 6904
P + 61 8 9389 9919 F + 61 8 6389 5885 E [email protected] W www.radariron.com.au
Contact:
Radar Iron Ltd (‘Radar’, ‘Company’, ASX: RAD) refers to the appended change of directors interest notices for Mssrs Alan Tough, Ananda Kathiravelu, Jonathan Lea & Mr David Sourbutts. The Company advises that these notices have not met the timetable as per Listing Rule 3.19A, but it has given notice at its earliest opportunity. Temporary resourcing conflicts prevented the Secretary from meeting the timetable.
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. The changes are due to securities issued in lieu of, and for remuneration pursuant to shareholder approval, an issue managed by the Company Secretary and thus not requiring notification from the directors themselves. The issue was contemporaneous with a number of other security issues, specifically the conversion of two series of convertible loans, also pursuant to shareholder approval, and the preparation and lodgement of a cleansing prospectus in accordance with the loan agreements. All Officers of the Company are aware of their obligations regarding ‘notifiable interests of a Director’. The Company believes that its current policies are adequate for compliance with Listing Rule 3.19B.
Yours sincerely
Damon Sweeny Company Secretary
Jonathan Lea Managing Director E [email protected]
Damon Sweeny
Company Secretary E [email protected]
Directors:
Alan Tough - Chairman Jonathan Lea - Non-Executive Ananda Kathiravelu - Non-Executive David Sourbutts - Non-Executive
ASX Code:
RAD (Fully Paid Ordinary Shares)
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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
| 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 | David Sourbutts |
| Date of last notice | 14.05.2014 |
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 (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest. |
Lightshare Investments Pty Ltd (Mr Sourbutts is a Director and has a beneficial interest.) |
| Date of change | 11/12/2015 |
| No. of securities held prior to change |
NIL |
| Class | a) Ordinary shares b) Options |
| Number acquired | a) 2,000,000 b) 2,000,000 |
| Number disposed | |
| Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation |
a) $20,000 b) Nil – remuneration pursuant to shareholder approval at general meeting 28 October 2015. |
- 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 | 2,000,000 Ordinary shares 2,000,000 Options exercisable at $0.05 expiring 31.10.2017 |
|---|---|
| Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back |
Issued in lieu of directors fees and as remuneration respectively, each pursuant to shareholder approval at general meeting 28 October 2015. |
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
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
| 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 | 25/11/2014 |
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 & 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 | |
| No. of securities held prior to change |
761,771 Ordinary sharesheld by the following registered holders: 50,000 - Alan Tough 681,771- Gamma Corporation Pty Ltd |
| Class | a) Ordinary shares b) Options |
| Number acquired | a) 1,700,000 b) 2,000,000 |
| Number disposed | |
| Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation |
a) $17,000 b) Nil – remuneration pursuant to shareholder approval at general meeting 28 October 2015. |
- 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 | 2,461,771 Ordinary sharesheld by the following registered holders: 50,000 - Alan Tough 2,411,771- Gamma Corporation Pty Ltd 2,000,000 Options exercisable at $0.05 expiring 31.10.2017 |
|---|---|
| Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back |
Issued in lieu of directors fees and as remuneration respectively, each pursuant to shareholder approval at general meeting 28 October 2015. |
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
| 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
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
| 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.
| Name of Director | Jonathan LEA |
|---|---|
| Date of last notice | 19/09/2014 |
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 (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest. |
Mr Jonathan Lea & Mrs Julia Gleeson Mr Lea is a beneficiary. MBL Mr Lea is a beneficiary. |
|
| Date of change | 11/12/2015 | |
| No. of securities held prior to change |
1,251,308Ordinary shares 692,434 - Mr Jonathan Lea & Mrs Julia Gleeson Gleason Family A/C> 558,874- MBL |
|
| Class | a) Ordinary shares b) Options exercisable at $0.05 expiring 31.10.2017 |
|
| Number acquired | a) 2,500,000 b) 2,000,000 |
|
| Number disposed |
- See chapter 19 for defined terms.
01/01/2011 Appendix 3Y Page 1
Appendix 3Y Change of Director’s Interest Notice
| Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation |
a) $25,000 b) Nil – remuneration pursuant to shareholder approval at general meeting 28 October 2015. |
|
|---|---|---|
| No. of securities held after change | 3,751,308Ordinary shares 3,192,434 - Mr Jonathan Lea & Mrs Julia Gleeson 558,874 - MBL 2,000,000Options exercisable at $0.05 expiring 31.10.2017 2,000,000 - Mr Jonathan Lea & Mrs Julia Gleeson |
|
| Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back |
Issued in lieu of directors fees and as remuneration respectively, each pursuant to shareholder approval at general meeting 28 October 2015. |
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 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
Appendix 3Y Change of Director’s Interest Notice
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 30/9/2001.
| 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.
| Name of Director | Ananda KATHIRAVELU |
|---|---|
| Date of last notice | 9 May 2012 |
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. |
Armada Capital Pty Ltd (Mr Kathiravelu is a Director and has a beneficial interest.) |
| Date of change | 11/12/15 |
| No. of securities held prior to change |
130,000 Ordinary shares |
| Class | a) Options exercisable at $0.05 expiring 31.10.2017 b) Options exercisable at $0.01 expiring 30.06.2017 |
| Number acquired | a) 2,000,000 b) 10,500,000 |
| Number disposed | |
| Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation. |
a) Nil – remuneration pursuant to shareholder approval at general meeting 28 October 2015. b) $263,550Consideration for services provided |
| No. of securities held after change |
DIRECT 130,000 Ordinary shares 2,000,000 Options exercisable at $0.05 expiring 31.10.2017 INDIRECT 10,500,000 Options exercisable at 1 cent expiring 30/06/2017 |
- See chapter 19 for defined terms.
Appendix 3Y Page 1
11/3/2002
Appendix 3Y Change of Director’s Interest Notice
Nature of change Issued as remuneration and in consideration for services Example: on-market trade, off-market trade, respectively, pursuant to shareholder approval at general meeting exercise of options, issue of securities under dividend reinvestment plan, participation in 28 October 2015 buy-back
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.
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 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? |
N/A |
| If prior written clearance was provided, on what date was this provided? |
N/A |
- See chapter 19 for defined terms.
Appendix 3Y Page 2
11/3/2002