Page 71 - Sun Resources Annual Report 2013

19 Key Management Personnel Disclosures
a Directors
The following persons were Directors of the Company during the financial year:
Chairman Executive Directors Non-Executive Directors
Dr W G Martinick Dr Govert van Ek - Managing Director (i)
Mr M A Battrick - Executive Director, Technical (ii)
Dr P Linsley
Mr D Kestel
Mr J D Kenny
(i) Dr G van Ek became Managing Director effective 20 March 2013.
(ii) Mr M A Battrick became Executive Director, Technical on 20 March 2013.
b. Other key management personnel
Other than the Directors, other key management personnel were Mr C Basson who served as Company Secretary
and Chief Financial Officer and Mr S Bayford who served as Exploration Manager.
Consolidated
2013 2012
c. Director and other key management personnel compensation $ $
Short-term employee benefits 1,181,260 907,852
Post-employment benefits 59,500 74,760
Share-based payments (Long-term benefits) 791,697 245,059
2,032,457 1,227,671
d Equity instrument disclosures relating to key management personnel
i Options provided as remuneration and shares issued on exercise of those options
Details of options provided as remuneration and shares issued on the exercise of such options, together with
the terms and conditions of the options, can be found in section D of the Remuneration Report.
ii Option Holdings
The number of unlisted options over ordinary shares in the Company held during the financial year by each
Director of the Company and other key management personnel of the Group, including their personally related
parties, are set out below.
2013
Balance at
the start of
the year
Granted as
compensation Exercised Other
Changes
Balance at the
end of the year
Vested and
exercisable Unvested
Directors
Dr W G Martinick 5,000,000 - - - 5,000,000 5,000,000 -
Dr G van Ek - 30,000,000 - - 30,000,000 30,000,000 -
Mr M A Battrick 6,000,000 15,000,000 - (1,000,000) 20,000,000 20,000,000 -
Mr J D Kenny 7,428,830 - - 1,471,170 8,900,000 8,900,000 -
Mr D Kestel - 5,000,000 - - 5,000,000 5,000,000 -
Dr P Linsley 5,000,000 - - - 5,000,000 5,000,000 -
Key Management Personnel
Mr C Basson 3,250,000 - - - 3,250,000 3,250,000 -
Mr S Bayford - 1,000,000 - - 1,000,000 1,000,000 -
SUN RESOURCES ANNUAL REPORT 2013 69
NOTES TO AND FORMING PART OF THE CONSOLIDATED
FINANCIAL STATEMENTS