Microsoft Word - 1508 28 JH 3Y.doc
August 28th 2015 ASX:WSA
ASX Limited
Level 8
Exchange Plaza
2 The Esplanade
PERTH WA 6000
Attention: Market Announcement Office
Dear Sirs
APPENDIX 3Y - Change of Director Interest
Western Areas Ltd ("the Company") attaches appendix 3Y - Change of Director Interest Notices for Managing Director Mr Daniel Lougher, Executive Director Mr David Southam and Non‐Executive Director Mr Julian Hanna.
Mr Lougher and Mr Southam advised the Company that share sales were completed to provide for the crystallised taxation liabilities associated with Performance Rights recently converted in accordance with the shareholder approved Performance Rights Plan.
These transactions were completed following the opening of the Officers' trading window as defined in the Officer Share Trading Policy post the release of the annual financial results.
There are no further trades planned at this time for Mr Lougher and Mr Southam. Regards
Joseph Belladonna
CFO & Company Secretary
Western Areas Ltd
THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE U.S.
Appendix 3Y Change of Director's Interest Notice
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 WESTERN AREAS LTD
ABN 68 091 049 357
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
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Daniel Lougher
|
|
Date of last notice
|
17 August 2015
|
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
|
Direct or indirect interest
|
Direct
|
|
Nature of indirect interest (including registered holder)
Note: Provide details of the circumstances giving rise to the relevant interest.
|
|
Date of change
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24 to 28 August 2015
|
|
No. of securities held prior to change
J Lougher D Lougher J Lougher D Lougher
|
54,930 Fully Paid Ordinary Shares
366,248 Fully Paid Ordinary Shares
465,750 Performance Rights
205,140 Performance Rights
|
|
Class
|
Fully Paid Ordinary Shares
|
|
Number acquired
|
‐
|
|
Number disposed
|
150,000
|
|
Value/Consideration
Note: If consideration is non‐cash, provide details and
estimated valuation
|
Average of $2.58 per share
|
|
No. of securities held after change
J Lougher D Lougher J Lougher D Lougher
|
54,930 Fully Paid Ordinary Shares
216,248 Fully Paid Ordinary Shares
465,750 Performance Rights
205,140 Performance Rights
|
|
Nature of change
Example: on‐market trade, off‐market trade, exercise of
options, issue of securities under dividend reinvestment plan, participation in buy‐back
|
On market trade.
|
+ See chapter 19 for defined terms.
30/9/2001 Appendix 3Y Page 1
Appendix 3Y Change of Director's Interest Notice
Part 2 - Change of director's interests in contracts
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Detail of contract
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N/A
|
|
Nature of interest
|
N/A
|
|
Name of registered holder
(if issued securities)
|
N/A
|
|
Date of change
|
N/A
|
|
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
|
N/A
|
|
Interest acquired
|
N/A
|
|
Interest disposed
|
N/A
|
|
Value/Consideration
Note: If consideration is non‐cash, provide details and an estimated valuation
|
N/A
|
|
Interest after change
|
N/A
|
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.
30/9/2001 Appendix 3Y Page 2
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 30/9/2001.
Name of entity WESTERN AREAS LTD
ABN 68 091 049 357
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
|
David Southam
|
|
Date of last notice
|
17 August 2015
|
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
|
Direct or indirect interest
|
Indirect
|
|
Nature of indirect interest (including registered holder)
Note: Provide details of the circumstances giving rise to the relevant interest.
|
Lynnette Edwards
|
|
Date of change
|
28 August 2015
|
|
No. of securities held prior to change
Lynnette Edwards Lynnette Edwards Lynnette Edwards
|
202,635 Fully Paid Ordinary Shares
196,530 Performance Rights
86,560 Performance Rights
|
|
Class
|
Fully Paid Ordinary Shares
|
|
Number acquired
|
‐
|
|
Number disposed
|
82,000
|
|
Value/Consideration
Note: If consideration is non‐cash, provide details and estimated valuation
|
Average of $2.61 per share
|
|
No. of securities held after change
Lynnette Edwards Lynnette Edwards Lynnette Edwards
|
120,635 Fully Paid Ordinary Shares
196,530 Performance Rights
86,560 Performance Rights
|
|
Nature of change
Example: on‐market trade, off‐market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy‐back
|
On market trade.
|
+ See chapter 19 for defined terms.
30/9/2001 Appendix 3Y Page 1
Appendix 3Y Change of Director's Interest Notice
Part 2 - Change of director's interests in contracts
|
Detail of contract
|
N/A
|
|
Nature of interest
|
N/A
|
|
Name of registered holder
(if issued securities)
|
N/A
|
|
Date of change
|
N/A
|
|
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
|
N/A
|
|
Interest acquired
|
N/A
|
|
Interest disposed
|
N/A
|
|
Value/Consideration
Note: If consideration is non‐cash, provide details and an estimated valuation
|
N/A
|
|
Interest after change
|
N/A
|
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
|
Rule 3.19A.2 Appendix 3Y
+ See chapter 19 for defined terms.
30/9/2001 Appendix 3Y Page 2
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 30/9/2001.
Name of entity WESTERN AREAS LTD.
ABN 68 091 049 357
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
|
Julian Hanna
|
|
Date of last notice
|
8 May 2015
|
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
|
Direct or indirect interest
|
A - Direct
B - Indirect
|
|
Nature of indirect interest (including registered holder)
Note: Provide details of the circumstances giving rise to the relevant interest.
|
J Hanna Super Fund
|
|
Date of change
|
24 to 25 August 2015
|
|
No. of securities held prior to change
J&P Hanna
J Hanna Super Fund
|
285,000 Fully Paid Ordinary Shares
315,091 Fully Paid Ordinary Shares
|
|
Class
|
Fully Paid Ordinary Shares
|
|
Number acquired
|
-
|
|
Number disposed
|
A - Direct: 10,000
B - Indirect 50,000
|
|
Value/Consideration
Note: If consideration is non-cash, provide details and
estimated valuation
|
Average of $2.50 per share
|
|
No. of securities held after change
J&P Hanna
J Hanna Super Fund
|
275,000 Fully Paid Ordinary Shares
265,091 Fully Paid Ordinary Shares
|
|
Nature of change
Example: on-market trade, off-market trade, exercise of
options, issue of securities under dividend reinvestment plan, participation in buy-back
|
On Market Trade
|
+ See chapter 19 for defined terms.
30/9/2001 Appendix 3Y Page 1
Part 2 - Change of director's interests in contracts
Appendix 3Y Change of Director's Interest Notice
|
Detail of contract
|
N/A
|
|
Nature of interest
|
N/A
|
|
Name of registered holder
(if issued securities)
|
N/A
|
|
Date of change
|
N/A
|
|
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
|
N/A
|
|
Interest acquired
|
N/A
|
|
Interest disposed
|
N/A
|
|
Value/Consideration
Note: If consideration is non-cash, provide details
and an estimated valuation
|
N/A
|
|
Interest after change
|
N/A
|
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
|
Rule 3.19A.2 Appendix 3Y
+ See chapter 19 for defined terms.
30/9/2001 Appendix 3Y Page 2