RAK 0.85% $1.18 rakon limited ordinary shares

Ann: RELINT: RAK: Disclosure of Officers Relevant Interest

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    • Release Date: 30/07/14 14:19
    • Summary: RELINT: RAK: Disclosure of Officers Relevant Interest
    • Price Sensitive: No
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    					RAK
    30/07/2014 14:19
    RELINT
    
    REL: 1419 HRS Rakon Limited
    
    RELINT: RAK: Disclosure of Officers Relevant Interest
    
    Ongoing Disclosure Notice
    Disclosure of Directors and Officers Relevant Interests
    Section 19T(2), Securities Markets Act 1988
    
    A Details of director or officer
    Name of director or officer of public issuer: Sinan Altug (Officer of issuer)
    
    Name of public issuer: Rakon Limited
    Name of related body corporate (if applicable): N/A
    Position held in public issuer: Managing Director Europe
    
    B Securities in public issuer or related body corporate to which this
    disclosure relates
    Number, class, and type of securities:1 One million (1,000,000) options over
    ordinary shares of Rakon Limited
    
    C Nature of relevant interest and name of registered holder
    Nature of relevant interest in those securities: 2 Registered holder of
    options to acquire ordinary shares at an exercise price of 25 cents
    Name of registered holder of those securities 3 Sinan Altug (Officer of
    issuer)
    
    D Details of acquisitions and disposals
    If the relevant interest was acquired--
    Date of acquisition:4 27 July 2014
    Consideration paid for acquisition: 5 Nil
    
    If the relevant interest was disposed of--
    Date of disposal: 6
    Consideration recieved for disposal: 7
    
    Type of transaction
    Describe the arrangement pursuant to which, or the circumstances in which,
    the acquisition or disposal took place:8 Acquisition of options issued by
    Rakon Limited under its Rakon Share Option Scheme (Established in July 2014)
    
    E Total number of transactions this notice relates to:9 One (1)
    
    F Date of last disclosure notice (whether in form 1 or form 2) by the
    director or officer:10 20 December 2013
    
    G Signature
    Signature of director or officer:
    Date of signature:
    or
    Signature of person authorised to sign on behalf of director or officer:
    Date of signature: 30 July 2014
    Name and title of authorised person: "Simon Bosley
    Chief Financial Officer"
    
    Notes:
    Use this form to disclose all the acquisitions and disposals by a director or
    officer of a public issuer of relevant interests in securities of the public
    issuer or of a related body corporate. The disclosure must normally be made
    within 5 trading days of the first acquisition or disposal disclosed in this
    notice
    "Provide the information required under headings C and D for each type of
    security identified under heading B.
    "
    "This notice must be signed either by the director or officer making the
    disclosure, or by a person authorised by the director or officer to sign on
    his or her behalf.11
    "
    
    References
    1.  Regulation 8.
    2.  Regulation 7.
    3.  Regulation 7.
    4.  Regulation 9.
    5.  Regulation 10.
    6.  Regulation 9.
    7.  Regulation 10.
    8.  Regulation 11.
    9.  Regulation 12 (2)
    10.  Regulation 13.
    11. Regulation 14.
    End CA:00253279 For:RAK    Type:RELINT     Time:2014-07-30 14:19:15
    				
 
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