Capital Structure and Shareholders

Capital Structure and Shareholders

The Company trades on the AIM Market of the London Stock Exchange under the ticker TRR.

Capital Structure

Ordinary Shares
105,362,556
Options*
4,725,000
Fully diluted share capital 
110,087,556

* 4,725,000 Options over Ordinary Shares have been granted under the company’s Equity Incentive Plan. 3,125,000 Options have been granted to Adam Davidson and Tyron Rees, all of which vest and become exercisable in equal tranches on the second, third and fourth anniversaries of grant (2 June 2020) and are exercisable at 20 pence, 24 pence and 28 pence respectively.

A further 1,600,000 Options have been granted to other employees including Martin Page, all of which vest and become exercisable on the second, third and fourth anniversary of the date of grant (18 December 2020) and are exercisable at 29.65 pence 35.58 pence and 41.51 pence respectively.

 

Major Shareholders
Notified interest as at 13 January 2021


Shareholder Percentage of Issued
Ordinary Shares
LIM Asia Special Situations Master Fund Limited 15.63%
Ponderosa Investments (WA) Pty Limited
9.73%
Regal Funds Management Pty Limited
8.51%
Rob Hamilton*
4.99%
Albert C Gourley**
4.75%
Terra Capital Natural Resources Fund Limited
4.6%
Tribeca Investment Partners Pty Limited
3.89%
Jetosea Pty Limited
3.86%
Illwela Pty Ltd
3.12%
 
 

* includes (i) 2,140,395 Ordinary Shares held by Ashanti Capital, (ii) 1,961,795 Ordinary Shares held by Ashanti Investment Fund and (ii) 1,158,589 Ordinary Shares held directly.

** 2,700,000 shares held directly and 2,300,000 shares held through Albert C Gourley Professional Corporation, a corporation controlled by Mr. Gourley.