14th Feb 2012 07:00
14th February 2012
Exercise of Options
Wolf Minerals Limited (the 'Company'), the specialty mineral exploration and development company, today announces it has applied for 1,700,000 depository interests representing fully paid ordinary shares (the 'Shares') to be admitted to trading on the AIM market of the London Stock Exchange ('AIM') ('Admission').
The Shares are being issued pursuant to an exercise of options by Mr. Humphrey Hale, a director of the Company, at 11.99p (A$0.176). Admission is expected to become effective on 21 February 2012. The Shares will rank pari passu with the Company's existing Shares. Mr Hale's resulting holding is detailed below:
Director | Number of Options Exercised | Total number of Common Shares held following Exercise of Options | Percentage of enlarged issued share capital |
Humphrey Hale | 1,700,000 | 1,955,000 | 0.02 |
Following admission of the Shares, the number of Ordinary Shares in issue and admitted to trading on AIM and the ASX will be 86,372,195 and the number of options admitted to trading on the ASX will be 21,570,533.
For further details, please contact:
Wolf Minerals Limited Humphrey Hale
| +61 8 6364 3776 |
Evolution Securities Limited Mark Wellesley-Wood/Neil Elliot | +44 (0) 20 7071 4300
|
Newgate Threadneedle Laurence Read/Beth Harris | +44 (0) 20 7653 9855 |
Related Shares:
Wolf Minerals