Thunderbird Resorts : Atallah insider report

AFM notification form MAR 19 - managers transactions

NOTE: As of July 3, 2016, the AFM will only accept digitally completed notification forms!

You can mail the completed notification form to [e-mail]

1.	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Albert Atallah
	For natural persons: the first name and the last name(s).
	For legal persons: full name including legal form as provided
	for in the register where it is incorporated, if applicable.
2.	Reason for the notification
a)	Position/ status	General Counsel and Corporate Secretary
	For persons discharging managerial responsibilities: the
	position occupied within the issuer, emission allowances market
	participant/auction platform/auctioneer/auction monitor should
	be indicated, e.g. CEO, CFO.
	For persons closely associated,
	-An indication that the notification concerns a person
	closely associated with a person discharging managerial
	responsibilities;
	- Name and position of the relevant person discharging
	managerial responsibilities.
b)	Initial notification/ correction	N/A
	Indication that this is an initial notification or a correction to
	prior notifications. In case of correction, explain the error that
	this notification is correcting.

3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)	Name	Thunderbird Resorts Inc.
	Full name of the entity
b)	LEI	Trading symbol TBIRD on EURONEXT
	Legal Entity Identifier code in accordance with ISO 17442 LEI	Trading symbol THRSF on OTC
	code.	CUSIP no. G88576106

4. Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a) Description of the financial instrument, type of	1.	common shares
	instrument
		2.	sell
	Indication as to the nature of the instrument:
	- a share, a debt instrument, a derivative or a financial	3.	July 28, 2021
	instrument linked to a share or a debt instrument;
	- an emission allowance, an auction product based on an
	4.	N/A
	emission allowance or a derivative relating to an emission
	allowance.
	5.
		6.
	Instrument identification code (ISIN)	1.	VGG885761061
		2.
		3.
		4.
		5.
		6.
b)	Nature of the transaction	1.	sell
	(i.e. buy, sell, subscription of exchange,…)
		2.
	Description of the transaction type using, where applicable, the
	type of transaction identified in Article 10 of the Commission	3.
	Delegated Regulation (EU) 2016/522(1) adopted under Article
	19(14) of Regulation (EU) No 596/2014 or a specific example set	4.
	out in Article 19(7) of Regulation (EU) No 596/2014.
		5.
		6.

	Transaction is linked to the exercise of a share option	1.		No
	programme? Yes/ No
		2.
		3.
		4.
		5.
		6.
c)	Price(s) and volume(s)						Price (Prices)	Volume(s)
			1		US$0.40	370,843
	Where more than one transaction of the same nature (i.e. buy,						US$0.40	106,738
	sell, subscription of exchange,…) on the same financial
	instrument or emission allowance are executed on the same day
		2
	and on the same place of transaction, prices and volumes of
	these transactions shall be reported in this field, in a two
	columns form as presented above, inserting as many lines as
		3
	needed.
			4
			5
			6
d)	Aggregated information:					Volume		Price
	- Aggregated volume					(aggregated)		(weigthed average price)
	1.
	- Price
	The volumes of multiple transactions are aggregated when these	2.
	transactions:
	3.
	-relate to the same financial instrument or emission allowance;
	- are of the same nature;
	4.
	-are executed on the same day; and
	-are executed on the same place of transaction.
	5.
	Price information:
	6.
	-In case of a single transaction, the price of the single

transaction;

-In case the volumes of multiple transactions are aggregated: the weighted average price of the aggregated transactions.

e)	Date of the transaction	1.	2021-07-28
	Date of the particular day of execution of the notified	2.
	transaction. Using the ISO 8601 date format: YYYY-MM-DD
	3.
		4.
		5.
		6.
f)	Trading venue/ platform (!)of the transaction	1.	OTC
	Name and code to identify the MiFID trading venue, the	2.
	systematic internaliser or the organised trading platform outside
	of the Union where the transaction was executed as defined	3.
	under Commission Delegated Regulation supplementing
	Regulation (EU) No 600/2014 of the European Parliament and	4.
	of the Council with regard to regulatory technical standards for
	5.
	the reporting of transactions to competent authorities adopted
	under Article 26 of Regulation (EU) No 600/2014, or if the
	6.
	transaction was not executed on any of the above mentioned
	venues, please mention 'outside a trading venue.

Remarks: