Cancellation of Securities
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Aura Energy Limited (ASX:AEE, AIM:AURA) ("Aura", the "Company") advises that an Appendix 3H (Notification of cessation of securities) has been filed with the Australian Securities Exchange ("ASX") and is available on the Company's website: https://auraenergy.com.au/investor-centre/asx-announcements/
The Company has cancelled 16,000,000 ordinary shares held by Dave Woodall, a former director of the Company, which were part of the 20,000,000 Loan Funded Shares that were admitted to trading on AIM on 7 July 2022 ("Cancelled Shares"), due to lapse of conditional right to securities because the conditions have not been, or have become incapable of being satisfied.
Application will be made for the 16,000,000 Cancelled Shares to be cancelled from trading on AIM ("Cancellation"). It is expected that Cancellation will become effective on or around 9 July 2024.
Total Voting Rights
Following the cancellation of 16,000,000 Cancelled Shares, the total issued share capital of the Company will consist of 763,758,795 ordinary shares of no par value each ("Ordinary Shares"). The Company does not hold any Ordinary Shares in Treasury. Therefore, the total current voting rights in the Company following cancellation will be 763,758,795 and this figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.
The Board of Aura Energy Ltd has approved this announcement.
| Andrew Grove Managing Director and CEO Aura Energy Limited agrove@auraee.com +61 414 011 383 | Russell Quinn Morrow Sodali Investor & Media Relations r.quinn@morrowsodali.com +61 403 322 097 | SP Angel Corporate Finance LLP Nominated Advisor and Broker David Hignell Kasia Brzozowska Grant Barker +44 203 470 0470 |
| About Aura Energy (ASX: AEE, AIM: AURA) | ||
| 1. | Details of the person discharging managerial responsibilities/person closely associated | |
| a) | Name: | Dave Woodall |
| 2. | Reason for the notification | |
| a) | Position/status: | Former Director of Aura Energy |
| b) | Initial notification/Amendment: | Initial notification |
| a) | Name: | Aura Energy Limited |
| b) | LEI: | 5493003D06RIWBKIKA27 |
| a) | Description of the financial instrument, type of instrument: Identification code: | shares of no par value each AU000000AEE7 |
| b) | Nature of the transaction: | Cancellation of Loan Funded Option Shares (as part of Loan Funded Equity Scheme) |
| c) | Price(s) and volume(s): | Price(s) Volume(s) A$0. 25 16,000,000 |
| d) | Aggregated information: Aggregated volume: Price: | Cancellation of Loan Funded Option Shares as above 16,000,000 A$0. 25 |
| e) | Date of the transaction: | 2 July 2024 |
| f) | Place of the transaction: | Outside a trading venue |
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