White Cliff Minerals Director Sara Kelly's Shareholding Revised After 20:1 Capital Consolidation on 30 October 2026

Aditi Sarkar

10 November 2026 06:21 PM AEDT

White Cliff Minerals Director Sara Kelly's Shareholding Revised After 20:1 Capital Consolidation on 30 October 2026

Image Source: Krish Capital Pty Ltd

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White Cliff Minerals Limited (ASX:WCN) has lodged a Change of Director's Interest Notice disclosing that director Sara Kelly's indirect securities holding has been revised following a 20:1 consolidation of capital effective 30 October 2026, with the interests held through TYF Holdings Pty Ltd as trustee for the TYF Investment Trust.

Key Points

Director Sara Kelly's indirect interest in White Cliff Minerals changed on 30 October 2026 as a result of a 20:1 capital consolidation.
Securities are held indirectly through TYF Holdings Pty Ltd as trustee for the TYF Investment Trust.
Following the consolidation, Kelly holds 236,252 ordinary shares and 35,046 options exercisable at $0.80, expiring 30 June 2028.
Performance rights holdings after consolidation stand at 150,000 each of Class Q, Class R, and Class S Performance Rights.
No securities were acquired or disposed of; the change arose solely from the capital consolidation.

Securities Position Prior to Capital Consolidation

According to the filing, prior to the 30 October 2026 consolidation, Sara Kelly's indirect interest through TYF Holdings Pty Ltd as trustee for the TYF Investment Trust comprised 4,725,057 ordinary shares and 700,935 options exercisable at $0.04 expiring 30 June 2028. The director also held 3,000,000 Class Q Performance Rights, 3,000,000 Class R Performance Rights, and 3,000,000 Class S Performance Rights before the consolidation took effect. No consideration was paid in connection with the change in holdings.

Post-Consolidation Securities Holdings for Sara Kelly

Following the 20:1 consolidation of capital, the filing discloses that Sara Kelly's indirect interest now comprises 236,252 ordinary shares and 35,046 options exercisable at $0.80, expiring 30 June 2028. Performance rights holdings were similarly adjusted, with the director now holding 150,000 Class Q Performance Rights, 150,000 Class R Performance Rights, and 150,000 Class S Performance Rights. The filing confirms no securities were acquired or disposed of, and no consideration was attributed to the change, which resulted exclusively from the capital consolidation.

Closed Period and Contract Interest Disclosures

The filing states that the interests detailed were not traded during a closed period requiring prior written clearance. Part 2 of the notice, covering any change in the director's interests in contracts, returned not applicable across all fields, including detail of contract, nature of interest, registered holder, date of change, securities subject to any contract interest, and value or consideration. The date of Sara Kelly's last notice is recorded in the filing as 6 August 2026.

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