Bacanora Minerals Ltd Transaction Notification (4768X)
24 November 2017 - 10:30PM
UK Regulatory
TIDMBCN
RNS Number : 4768X
Bacanora Minerals Ltd
24 November 2017
24 November 2017
Bacanora Minerals Ltd
('Bacanora' or the 'Company')
Transaction Notification
Bacanora, the London and Canadian listed Lithium exploration and
development company has received notification of the off-market
transfer of shares beneficially owned by Mark Hohnen, Executive
Chairman of the Company. The transfer is between an existing
pension fund and a new one set up to comply with Australian
superannuation regulations. At no stage has the ultimate beneficial
ownership changed and Mr Hohnen's beneficial interest in the
Company's shares remains at 1,514,951.
Notification of a Transaction pursuant to Article
19(1) of Regulation (EU) No. 596/2014
----- -------------------------------------------------------------------------------------------
1 Details of the person discharging managerial
responsibilities/person closely associated
--- --- ----------------------------------------------------------------------------------------
a. Name Mark Hohnen
------------------- -----------------------------------------
2 Reason for notification
--- ---------------------------------------------------------------------------------------------
a. Position/Status Executive Director / Chairman
--- ----------------------------- ------------------- -----------------------------------------
b. Initial notification/ Initial Notification
Amendment
--- ----------------------------- ------------------- -----------------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- ----------------------------------------------------------------------------------------
a. Name Bacanora Minerals Ltd
--- --------------------------- --------------------- -----------------------------------------
b. LEI 2138008OQE6GDZO3YD74
--- --------------------------- --------------------- -----------------------------------------
4 Details of the transaction(s): section
to be repeated for (i) each type of instrument;
(ii) each type of transaction; (iii) each
date; and (iv) each place where transactions
have been conducted
--- --- ----------------------------------------------------------------------------------------
a. Description Common Shares of no par value
of the financial
instrument,
type of instrument
Identification
Code CA05634Q1054
--- --------------------------- --------------------- -----------------------------------------
b. Nature of Transfer of shares between superannuation
the transaction pension funds with the same beneficial
owner.
Transferor - Vynben Pty Ltd (Mark Hohnen
Superannuation Fund)
Transferee - Vynben Pension Pty Ltd
(Mark Hohnen Pension Fund)
--- --------------------------- ----------------------------------------------------------------
c. Price(s) and Price(s) Volume(s) Date
volume(s)
--- --------------------------- ------------------- ------------------- -----------
AUS$1.827p 606,666 24 Nov
common 2017
shares
------------------- ------------------- -----------
d. Aggregated
information
- Aggregated 606,666
Volume AUS$1.827p
- Price
--- --------------------------- --------------------- -----------------------------------------
e. Date of the 24 November 2017
transaction
--- --------------------------- ----------------------------------------------------------------
f. Place of the Off market
transaction
--- --------------------------- ----------------------------------------------------------------
**ENDS**
Bacanora Minerals Peter Secker, CEO info@bacanoraminerals.com
Ltd.
--------------------- ----------------------- --------------------------
Cairn Financial
Advisers LLP, Sandy Jamieson/Liam +44 (0) 20
Nomad Murray 7213 0880
--------------------- ----------------------- --------------------------
Canaccord Genuity, Martin Davison, James +44 (0) 20
Broker Asensio 7523 8000
--------------------- ----------------------- --------------------------
St Brides Partners,
Financial PR Frank Buhagiar, Megan +44 (0) 20
Adviser Dennison 7236 1177
--------------------- ----------------------- --------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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