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home / news releases / CTEQF - Appendix 3Y - Mr Sam Riggall


CTEQF - Appendix 3Y - Mr Sam Riggall

MELBOURNE, Australia, Nov. 12, 2019 (GLOBE NEWSWIRE) -- Clean TeQ Holdings Limited (Clean TeQ or Company) (ASX/TSX:CLQ; OTCQX:CTEQF) gives notice via the attached Appendix 3Y of a change in Mr Sam Riggall’s interest in the Company reflecting the issue of unlisted performance rights and unlisted options to Mr Riggall pursuant to the shareholder approval obtained at the 2019 Annual General Meeting.

For more information, please contact:
             
 
Ben Stockdale, CFO and Investor Relations (Australia)
 
+61 3 9797 6700
 
 
 

About Clean TeQ Holdings Limited (ASX/TSX: CLQ) – Based in Melbourne, Australia, Clean TeQ is a global leader in metals recovery and industrial water treatment through the application of its proprietary Clean-iX® continuous ion exchange technology. For more information about Clean TeQ please visit the Company’s website www.cleanteq.com.

About the Clean TeQ Sunrise Project – Clean TeQ is the 100% owner of the Clean TeQ Sunrise Project, located in New South Wales. Clean TeQ Sunrise is one of the largest cobalt deposits outside of Africa, and one of the largest and highest- grade accumulations of scandium ever discovered.

About Clean TeQ Water – Through its wholly owned subsidiary Clean TeQ Water, Clean TeQ is also providing innovative wastewater treatment solutions for removing hardness, desalination, nutrient removal, zero liquid discharge. The sectors of focus include municipal wastewater, surface water, industrial waste water and mining waste water. For more information about Clean TeQ Water please visit www.cleanteqwater.com.

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 
Clean TeQ Holdings Limited
ABN
34 127 457 916

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
Sam Riggall
Date of last notice
13 August 2019

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
Nature of indirect interest (including registered holder)
Note: Provide details of the circumstances giving rise to the relevant interest.
At the 2019 Annual General Meeting of the Company held on 31 October 2019, shareholders agreed to grant up to:
  1. 348,742 Performance Rights to Sam Riggall;
  2. 408,117 Performance Rights to Sam Riggall; and
  3. 1,000,000 Options to Sam Riggall.
Date of change
12 November 2019


+ See chapter 19 for defined terms.

No. of securities held prior to change
Direct
  1. 4,879,930 Fully Paid Ordinary Shares
  2. 411,546 Unlisted Performance Rights (vesting date 1 July 2020)
  3. 243,098 Unlisted Performance Rights (vesting dates 1 January 2021 (for 100,757 Performance Rights) and 1 July 2021 (for 142,341 Performance Rights))
Indirect
Salitter Pty Ltd
12,632,965 Fully Paid Ordinary Shares

Agerasia Pty Ltd
1,681,589 Fully Paid Ordinary Share

The JTM Foundation
7,245,763 Fully Paid Ordinary Share
Class
  1. Unlisted Options
  2. Unlisted Performance Rights
Number acquired
  1. 1,000,000 Unlisted Options exercisable at $0.53 (expiring on 9 August 2023)
  2. 348,742  Unlisted  Performance  Rights (vesting date 1 January 2022)
  3. 408,117  Unlisted  Performance  Rights (vesting date 1 July 2022)
Number disposed
-
Value/Consideration
Note: If consideration is non-cash, provide details and estimated valuation
  1. $197,000 for the Unlisted Options
  2. Nil consideration for Unlisted Performance Rights
No. of securities held after change
Direct

  1. 4,879,930 Fully Paid Ordinary Shares
  2. 411,546  Unlisted  Performance  Rights (vesting date 1 July 2020)
  3. 243,098 Unlisted Performance Rights (vesting dates 1 January 2021 (for 100,757 Performance Rights) and 1 July 2021 (for 142,341 Performance Rights))
  4. 1,000,000 Unlisted Options exercisable at $0.53 (expiring on 9 August 2019)
  5. 348,742  Unlisted  Performance  Rights (vesting date 1 January 2022)
  6. 408,117  Unlisted  Performance  Rights (vesting date 1 July 2022)
Indirect
Salitter Pty Ltd
12,632,965 Fully Paid Ordinary Shares

Agerasia Pty Ltd
1,681,589 Fully Paid Ordinary Share

The JTM Foundation
7,245,763 Fully Paid Ordinary Share


Nature of change
Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back
Issue of securities pursuant to shareholder approval granted at the Company’s Annual General Meeting held on 31 October 2019.

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 (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

Stock Information

Company Name: Clean TeQ Holdings Ltd
Stock Symbol: CTEQF
Market: OTC

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