5th Nov 2018 07:00
5 November 2018
| AIM/ASX Code: SO4
|
SALT LAKE POTASH LIMITED APPOINTMENT OF MANAGING DIRECTOR AND CHIEF EXECUTIVE OFFICER |
Further to its announcement of 22 October 2018, Salt Lake Potash Limited ("the Company") is pleased to advise that Mr Tony Swiericzuk has commenced as Managing Director and Chief Executive Officer effective today.
Further information as required by Rule 17 and Schedule 2 paragraph (g) of the AIM Rules for Companies, is set out below:
Tony James Swiericzuk, aged 45, is or has been a director of the following companies in the last five years:
Current Directorships/Partnerships | Past Directorships |
N/A | FMG South America Pte Ltd |
FMG Colombia Operations Pte Ltd | |
Colombia Fortescue SAS | |
FMG Ecaudor Operations Pte Ltd | |
FMG Ecuador Tenements Pte Ltd |
There is no further information required to be disclosed pursuant to Schedule Two, paragraph (g) of the AIM rules.
Mr Swiericzuk has no shareholding in the Company but holds an indirect interest in 5 million incentive options and 7,266,258 performance rights. A copy of the Appendix 3X - Initial Directors Interest Notice lodged on ASX today is copied below.
For further information please visit www.saltlakepotash.com.au or contact:
Clint McGhie | Salt Lake Potash Limited | Tel: +61 8 9322 6322 |
Colin Aaronson/Richard Tonthat/Ben Roberts | Grant Thornton UK LLP (Nominated Adviser) | Tel: +44 (0)207 383 5100 |
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 Salt Lake Potash Limited |
ABN 98 117 085 748 |
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 | Tony Swiericzuk |
Date of appointment | 5 November 2018 |
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. Mr Tony James Swiericzuk & Ms Beverley Jean Eaton Swiericzuk | Number & class of Securities
1,000,000 incentive options (exercise price $0.60, vesting 4 November 2019, expiry date 1 November 2023)
2,000,000 incentive options (exercise price $1.00, vesting 4 November 2020, expiry date 1 November 2023)
2,000,000 incentive options (exercise price $1.20, vesting 4 November 2020, expiry date 1 November 2023)
7,266,258 unlisted performance rights (subject to various performance conditions to be satisfied prior to the relevant expiry dates between 31 July 2019 and 1 November 2023)
|
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 | Not applicable |
Nature of interest
| Not applicable |
Name of registered holder (if issued securities)
| Not applicable |
No. and class of securities to which interest relates
| Not applicable |
Related Shares:
SO4.L