WEST AFRICAN RESOURCES LIMITED For personal use only
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 West African Resources Limited
ABN | 70 121 539 375 |
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 | Richard Hyde |
Date of last notice | 27 May 2021 |
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 and indirect |
Nature of indirect interest | A. Aloha Investments Pty Ltd |
(including registered holder) | (Spouse is the sole director and shareholder) |
Note: Provide details of the circumstances giving | |
rise to the relevant interest. | B. Aloha Super Pty Ltd |
(Director and shareholder with spouse) | |
Date of change | 14 December 2021 and |
17 December 2021 | |
No. of securities held prior to | Direct - 7,730,769 Ordinary Shares (WAF) |
change | |
Indirect - 11,622,664 Ordinary Shares (WAF) |
Indirect
- 588,235 - 2019 LTI Options Exercise price: 43 cents Expiry: 28 December 2022
-
191,387 Performance Rights (in lieu of 2019 cash STI) Exercise price: Nil
Subject to service conditions Expiry: 11 June 2023 - 334,928 - 2020 STI Performance Rights
Exercise price: Nil
Subject to performance and service conditions
Expiry: 11 June 2023
- See chapter 19 for defined terms. 01/01/2011 Appendix 3Y Page 1
For personal use only
Appendix 3Y
Change of Director's Interest Notice
-
406,698 - 2020 LTI Performance Rights Exercise price: Nil
Subject to performance conditions Expiry: 11 June 2025 - 406,698 - 2020 LTI Options
Exercise price: 60.61 cents
Expiry: 11 June 2024
-
750,000 Retention Performance Rights Exercise price: Nil
Subject to service conditions Expiry: 17 December 2024 - 750,000 Share-price-growth Performance Rights Exercise price: Nil
Subject to performance and service conditions Expiry: 17 December 2024 - 145,066 Performance Rights (in lieu of 2020 cash STI) Exercise price: Nil
Subject to service conditions Expiry: 20 May 2024 - 202,722 - 2021 STI Performance Rights
Exercise price: Nil
Subject to performance and service conditions
Expiry: 20 May 2024
10) 246,163 - 2021 Production LTI Performance Rights | |||
Exercise price: Nil | |||
Subject to performance conditions | |||
Expiry: 20 May 2026 | |||
11) 123,081 - 2021 Shareholder Return LTI Performance | |||
Rights | |||
Exercise price: Nil | |||
Subject to performance conditions | |||
Expiry: 20 May 2025 | |||
12) 123,081 - 2021 Reserve Replacement LTI | |||
Performance Rights | |||
Exercise price: Nil | |||
Subject to performance conditions | |||
Expiry: 20 May 2025 | |||
Class | Ordinary Shares | ||
Number acquired | Nil | ||
Number disposed | 924,481 on 14 December 2021 | ||
75,519 on 17 December 2021 | |||
Value/Consideration | $1,295,336.72 for shares sold on 14 December 2021 | ||
Note: If consideration is non-cash, provide details | $99,685.08 for shares sold on 17 December 2021 | ||
and estimated valuation | |||
+ See chapter 19 for defined terms.
Appendix 3Y Page 2 | 01/01/2011 |
For personal use only
Appendix 3Y | |||
Change of Director's Interest Notice | |||
No. of | securities held after Direct - 7,730,769 Ordinary Shares (WAF) | ||
change | |||
Indirect - 10,622,664 Ordinary Shares (WAF) |
Indirect
- 588,235 - 2019 LTI Options Exercise price: 43 cents Expiry: 28 December 2022
-
191,387 Performance Rights (in lieu of 2019 cash STI) Exercise price: Nil
Subject to service conditions Expiry: 11 June 2023 - 334,928 - 2020 STI Performance Rights
Exercise price: Nil
Subject to performance and service conditions
Expiry: 11 June 2023
-
406,698 - 2020 LTI Performance Rights Exercise price: Nil
Subject to performance conditions Expiry: 11 June 2025 - 406,698 - 2020 LTI Options
Exercise price: 60.61 cents
Expiry: 11 June 2024
-
750,000 Retention Performance Rights Exercise price: Nil
Subject to service conditions Expiry: 17 December 2024 - 750,000 Share-price-growth Performance Rights Exercise price: Nil
Subject to performance and service conditions Expiry: 17 December 2024 - 145,066 Performance Rights (in lieu of 2020 cash STI) Exercise price: Nil
Subject to service conditions Expiry: 20 May 2024 - 202,722 - 2021 STI Performance Rights
Exercise price: Nil
Subject to performance and service conditions
Expiry: 20 May 2024
-
246,163 - 2021 Production LTI Performance Rights Exercise price: Nil
Subject to performance conditions Expiry: 20 May 2026
- See chapter 19 for defined terms. 01/01/2011 Appendix 3Y Page 3
For personal use only
Appendix 3Y
Change of Director's Interest Notice
11) 123,081 - 2021 Shareholder Return LTI Performance | |
Rights | |
Exercise price: Nil | |
Subject to performance conditions | |
Expiry: 20 May 2025 | |
12) 123,081 - 2021 Reserve Replacement LTI | |
Performance Rights | |
Exercise price: Nil | |
Subject to performance conditions | |
Expiry: 20 May 2025 | |
Nature of change | On-market trade |
Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in 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
Detail of contract | N/A |
Nature of interest | N/A |
Name of registered holder | N/A |
(if issued securities) | |
Date of change | N/A |
No. and class of securities to | N/A |
which interest related prior to | |
change | |
Note: Details are only required for a contract in | |
relation to which the interest has changed | |
Interest acquired | N/A |
Interest disposed | N/A |
Value/Consideration | N/A |
Note: If consideration is non-cash, provide details | |
and an estimated valuation | |
Interest after change | N/A |
+ See chapter 19 for defined terms.
Appendix 3Y Page 4 | 01/01/2011 |
For personal use only
Appendix 3Y
Change of Director's Interest Notice
Part 3 - +Closed period
Were the interests in the securities or contracts | No |
detailed above traded during a +closed period | |
where prior written clearance was required? | |
If so, was prior written clearance provided to allow | N/A |
the trade to proceed during this period? | |
If prior written clearance was provided, on what | N/A |
date was this provided? | |
- See chapter 19 for defined terms. 01/01/2011 Appendix 3Y Page 5
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West African Resources Limited published this content on 20 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 December 2021 08:49:01 UTC.
