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
103,500,000
Options*
3,125,000
Fully diluted share capital 
106,255,000

* Options have been granted under the company’s Equity Incentive Plan over 3,125,000 Ordinary Shares in aggregate 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.

 

Major Shareholders
As at 2 June 2020


Shareholder Percentage of Issued
Ordinary Shares
LIM Asia Special Situations Master Fund Limited 15.9%
Regal Funds Management Pty Limited
7.9%
Ponderosa Investments (WA) Pty Limited
7.9%
Rob Hamilton*
5.1%
Terra Capital Natural Resources Fund Pty Limited
4.6%
Tribeca Investment Partners Pty Limited
4.0%
Jetosea Pty Limited
3.9%
Jamie Philip Boyton
3.9%
Albert C Gourley 
3.7%
Ilwella Pty Ltd
3.2%

* 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.