Please find attached, for immediate release, a public announcement concerning Directors' interests.
Colin Hendry
Assistant Company Secretary
15 June 2018
Alumina Limited
Level 12, IBM Centre
GPO Box 5411, Melbourne
60 City Road, Southbank
Victoria 3001 Australia
Victoria 3006 Australia
ABN 85 004 820 419
tel +61 (0)3 8699 2600
aluminalimited.com
fax +61 (0)3 8699 2699
Change of Director's Interest Notice
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
ABN
Alumina Limited 85 004 820 419
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
Michael Peter FERRARO
Date of last notice
19 January 2018
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
Indirect
Nature of indirect interest (including registered holder)
Note: Provide details of the circumstances giving rise to the relevant interest.
n/a
Date of change
8 June 2018
No. of securities held prior to change
68,000 fully paid ordinary shares indirectly held by Ferraro Super Fund of which
Mr Ferraro is a beneficiary
Class
Ordinary fully paid
Number acquired
122,164
Number disposed
Nil
Value/Consideration
Note: If consideration is non-cash, provide details and estimated valuation
n/a
No. of securities held after change
68,000 fully paid ordinary shares indirectly held by Ferraro Super Fund of which Mr Ferraro is a beneficiary.
122,164 fully paid ordinary shares held directly by Mr Ferraro.
Change of Director's Interest Notice
Nature of change
Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back
122,164 fully paid ordinary shares held directly by Mr Ferraro as a result of conditional rights vesting.
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
(1) Performance Rights granted under Alumina Long Term Incentive Plan, subject to shareholder approval.
(2) Conditional Share Rights granted under terms of Employment Contract
Nature of interest
(1) Performance Rights granted under Alumina Long Term Incentive Plan, subject to shareholder approval.
(2) Conditional Share Rights granted under terms of Employment Contract
Name of registered holder (if issued securities)
N/A
Date of change
(1) N/A
(2) 8 June 2018
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
Nil
Interest acquired
(1) Nil
(2) Nil
Interest disposed
(1) Nil
(2) 122,164 Conditional Rights
Value/Consideration
Note: If consideration is non-cash, provide details and an estimated valuation
(1) N/A
(2) Mr Ferraro had been granted 122,164 Conditional Share Rights on 9 June 2017 under the terms of his employment contract. Those rights have vested on satisfaction of the conditions and accordingly fully paid ordinary shares, purchased on market, were transferred to Mr Ferraro in accordance with the terms of his Employment Contract.
Change of Director's Interest Notice
Interest after change
(1) 339,900 Performance Rights in Alumina Limited granted under the Alumina Long Term Incentive Plan that are held, subject to future performance testing.
(2) Conditional Share Rights in Alumina Limited granted under the terms of Employment Contract and will transfer after 12 months from the grant date for 169,268 rights granted in January 2018 and are restricted from disposal until three years has elapsed from the date of the relevant grant of share rights.
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
Rule 3.19A.2
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Disclaimer
Alumina Limited published this content on 15 June 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 15 June 2018 06:32:02 UTC
Alumina Limited is an Australia-based company, which invests in bauxite mining and alumina refining through Alcoa World Alumina and Chemicals (AWAC), its joint venture with Alcoa Corporation (Alcoa). The principal activities of the Company relate to its 40% interest in the series of operating entities forming AWAC. AWAC has interests in bauxite mining, alumina refining and aluminum smelting. The Company is the 40% partner in the AWAC joint venture with a portfolio of assets in Australia, Brazil, Spain, Saudi Arabia, and Guinea, including global bauxite mines and alumina refineries. AWAC also has a 55% interest in the Portland aluminum smelter in Victoria, Australia. Its subsidiaries include Alumina Employee Share Plan Pty Ltd, Alumina Finance Pty Ltd., Alumina Holdings (USA) Inc., Alumina International Holdings Pty. Ltd., Alumina Brazil Holdings Pty Ltd, Alumina Limited Do Brasil SA, Alumina (U.S.A.) Inc., Butia Participacoes SA, and Westminer Acquisition (U.K.) Limited.