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Salt Lake Potash #SO4 – Appointment of Managing Director and CEO

Further to its announcement of 22 October 2018, Salt Lake Potash Limited (“the Company”) is pleased to advise that Mr Tony Swiericzuk has commenced as Managing Director and Chief Executive Officer effective today.

Further information as required by Rule 17 and Schedule 2 paragraph (g) of the AIM Rules for Companies, is set out below:

Tony James Swiericzuk, aged 45, is or has been a director of the following companies in the last five years:

Current Directorships/Partnerships

Past Directorships

N/A

FMG South America Pte Ltd

FMG Colombia Operations Pte Ltd

Colombia Fortescue SAS

FMG Ecaudor Operations Pte Ltd

FMG Ecuador Tenements Pte Ltd

 

There is no further information required to be disclosed pursuant to Schedule Two, paragraph (g) of the AIM rules.

Mr Swiericzuk has no shareholding in the Company but holds an indirect interest in 5 million incentive options and 7,266,258 performance rights. A copy of the Appendix 3X – Initial Directors Interest Notice lodged on ASX today is copied below.

For further information please visit www.saltlakepotash.com.au or contact:

Clint McGhie

Salt Lake Potash Limited

Tel: +61 8 9322 6322

Colin Aaronson/Richard Tonthat
/Ben Roberts

Grant Thornton UK LLP (Nominated Adviser)

Tel: +44 (0)207 383 5100

 

Appendix 3X

Initial 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       Salt Lake Potash Limited

ABN                        98 117 085 748

We (the entity) give ASX the following information under listing rule 3.19A.1 and as agent for the director for the purposes of section 205G of the Corporations Act. 

Name of Director

Tony Swiericzuk

Date of appointment

5 November 2018

Part 1 – Director’s relevant interests in securities of which the director is the registered holder

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.

Number & class of securities

Nil

Part 2 – Director’s relevant interests in securities of which the director is not the registered holder

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Name of holder & nature of interest

Note: Provide details of the circumstances giving rise to the relevant interest.

 

Mr Tony James Swiericzuk & Ms Beverley Jean Eaton Swiericzuk <Bevton Family A/C>

Number & class of Securities

 

 

 

1,000,000 incentive options (exercise price $0.60, vesting 4 November 2019, expiry date 1 November 2023)

2,000,000 incentive options (exercise price $1.00, vesting 4 November 2020, expiry date 1 November 2023)

2,000,000 incentive options (exercise price $1.20, vesting 4 November 2020, expiry date 1 November 2023)

7,266,258 unlisted performance rights (subject to various performance conditions to be satisfied prior to the relevant expiry dates between 31 July 2019 and 1 November 2023)

Part 3 – 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

Not applicable

Nature of interest

 

 

Not applicable

Name of registered holder

(if issued securities)

 

Not applicable

No. and class of securities to which interest relates

 

Not applicable

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

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