Clean Teq Provides Notice of Change of Director’s Interest
MELBOURNE, Australia, Sept. 09, 2020 (GLOBE NEWSWIRE) — Clean TeQ Holdings Limited (‘Clean TeQ’ or ‘Company’) (ASX/TSX: CLQ; OTCQX:CTEQF) advises that the Company’s Co-Chair and largest shareholder, Mr Robert Friedland, has increased his holding in Clean TeQ through on-market and off-market acquisitions of fully paid ordinary shares.
Mr Friedland’s shares are held under JP Morgan Nominees Australia Limited and Canaccord Genuity (Australia) Limited and he continues to remain the beneficial holder and controller of those shares.
An updated statutory disclosure is attached for Mr Friedland.
| For more information, please contact: | |
| Ben Stockdale, CFO and Investor Relations | +61 3 9797 6700 |
This announcement is authorised for release to the market by the Board of Directors of Clean TeQ Holdings Limited.
Introduced 30/09/01 Amended 01/01/11
| Name of entity | Clean TeQ Holdings Limited |
| ABN | 34 127 457 916 |
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 | Robert Martin Friedland |
| Date of last notice | 5 July 2018 |
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.
|
Mr Friedland’s holdings are held under JP Morgan Nominees Australia Limited and Canaccord Genuity (Australia) Limited (registered holders). Mr Friedland continues to remain the beneficial holder and controller of those shares. |
| Date of change | 1. 4 September 2020 2. 4 September 2020 3. 7 September 2020 4. 8 September 2020 5. 9 September 2020 |
| No. of securities held prior to change | 96,600,896 Fully Paid Ordinary Shares |
| Class | Fully Paid Ordinary Shares |
| Number acquired | 1. 2,765,020 2. 975,609 3. 3,252,432 4. 2,544,692 5. 1,604,365 |
| Number disposed | Nil |
| Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation |
1. $606,645 2. $200,000 3. $944,831 4. $841,530 5. $534,093 |
| No. of securities held after change | Indirect: JP Morgan Nominees Australia Limited: 96,600,896 Fully Paid Ordinary Shares Canaccord Genuity (Australia) Limited: |
| Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back |
1. On-market acquisition. 2. Off-market acquisition. 3. On-market acquisition. 4. On-market acquisition. 5. On-market acquisition. |
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 | N/A |
| Nature of interest | N/A |
| Name of registered holder (if issued securities) |
N/A |
| Date of change | N/A |
| No. and class of securities to which interest related prior to change 6. Note: Details are only required for a contract in relation to which the interest has changed
|
N/A |
| Interest acquired | N/A |
| Interest disposed | N/A |
| Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation
|
N/A |
| Interest after change | N/A |
| 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 |
