White Cliff Minerals Director Eric Sondergaard's Holdings Revised After 20:1 Capital Consolidation on 30 October 2026

Anjali Anand

10 November 2026 06:14 PM AEDT

White Cliff Minerals Director Eric Sondergaard's Holdings Revised After 20:1 Capital Consolidation on 30 October 2026

Image Source: Krish Capital Pty Ltd

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White Cliff Minerals (ASX:WCN) has disclosed a change in director Eric Sondergaard's relevant interests in securities following a 20:1 consolidation of capital, with the change recorded on 30 October 2026.

Key Points

Director Eric Sondergaard's securities were adjusted on 30 October 2026 as a result of a 20:1 capital consolidation.
Prior to the change, Sondergaard held 173,329,852 ordinary shares, 35,000,000 Class F Performance Rights, and various unlisted options and performance rights.
Following the consolidation, Sondergaard holds 8,666,491 ordinary shares, 1,750,000 Class F Performance Rights, and adjusted unlisted options and performance rights.
The interest is held directly, with no contracts or closed period trading disclosed.

Securities Held Prior to the 20:1 Consolidation

According to the filing, Eric Sondergaard held 173,329,852 ordinary shares before the consolidation took effect on 30 October 2026. In addition, he held 35,000,000 Class F Performance Rights, 20,000,000 Class O performance rights, and 20,000,000 Class P performance rights. His unlisted options included 20,000,000 exercisable at $0.0387 expiring 27 September 2028, 20,000,000 exercisable at $0.0587 expiring 27 September 2028, 40,000,000 exercisable at $0.0487 expiring 23 July 2029, and 40,000,000 exercisable at $0.0687 expiring 23 July 2029.

Securities Held After the Capital Consolidation

Following the 20:1 consolidation, the filing discloses that Sondergaard holds 8,666,491 ordinary shares, 1,750,000 Class F Performance Rights, 1,000,000 Class O performance rights, and 1,000,000 Class P performance rights. His post-consolidation unlisted options comprise 1,000,000 exercisable at $0.774 expiring 27 September 2028, 1,000,000 exercisable at $1.174 expiring 27 September 2028, 2,000,000 exercisable at $0.974 expiring 23 July 2029, and 2,000,000 exercisable at $1.374 expiring 23 July 2029.

Nature of Interest and Contract Disclosure

The filing states that Sondergaard's interest is held directly, with no registered holder for indirect interests noted. The nature of the change is recorded solely as a 20:1 consolidation of capital. No consideration or value was attributed to the change. Part 2 of the notice, covering changes in director's interests in contracts, returned not applicable across all fields. Similarly, Part 3 of the filing confirmed that no securities or contracts were traded during a closed period requiring prior written clearance. The date of the previous notice for Sondergaard was recorded as 25 September 2026.

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