12th May 2026 07:30
NEWS RELEASE I 12 May 2026
Change of Director's Interest Notice
Name of Director | Julian Stephens |
Date of last notice | 17 February 2026 |
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
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Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.
| One Way Trust (beneficial interest)
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Date of change | 11 May 2026 |
No. of securities held prior to change | (a) 14,157,518 (b) 600,000 |
Class | (a) Ordinary Fully Paid Shares (b) Unlisted Performance Rights subject to the "Construction and Finance Milestone", expiring 30 June 2028 |
Number acquired | Nil |
Number disposed | (a) (1,000,000)
|
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation
| A$675,000 |
No. of securities held after change | (a) 13,157,518 (b) 600,000 |
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back | Special crossing trade to settle outstanding personal tax and other obligations |
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 | Not applicable |
Nature of interest
| Not applicable |
Name of registered holder (if issued securities)
| Not applicable |
Date of change | Not applicable |
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
| Not applicable |
Interest acquired | Not applicable |
Interest disposed | Not applicable |
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation
| Not applicable |
Interest after change | Not applicable |
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? | Not applicable |
If prior written clearance was provided, on what date was this provided? | Not applicable |
Initial notification/Amendment | Initial |
LEI | 213800NSPXSASTENFQ34 |
Place of transaction | Special crossing on market on the Australian Securities Exchange(ASX) |
Enquiries |
Frank Eagar, Managing Director & CEO South Africa / Malawi +27 21 140 3190 Sapan Ghai, CCO London +44 207 478 3900 |
Nominated Adviser on AIM and Joint Broker |
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SP Angel Corporate Finance LLP | +44 20 3470 0470 |
Ewan Leggat Charlie Bouverat |
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Joint Broker |
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Stifel | +44 20 7710 7600 |
Varun Talwar |
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Ashton Clanfield |
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Related Shares:
Sovereign Metals