Appendix 3Y Change of Director's Interest Notice
Appendix 3Y
Rule 3.19A.2
For personal use only
Change of Director's Interest Notice
Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX's property and may be made public.
Introduced 30/09/01 Amended 01/01/11
Name of entity | Alterra Limited |
ABN | 20 129 035 221 |
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 | Mark Andrew Clements |
Date of last notice | 25 March 2022 |
Part 1 - Change of director's relevant interests in securities
In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust
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 | Mr Clements is a director of Balion Pty Ltd |
(including registered holder) | |
Note: Provide details of the circumstances giving rise to the relevant | |
interest. | |
Date of change | 20 July 2022 |
No. of securities held prior to change | 600,000 fully paid ordinary shares |
6,000,000 unlisted $0.05 options, expiring 9 | |
December 2023, subject to various vesting | |
conditions. | |
Class | Fully Paid Ordinary Shares |
Number acquired | 600,000 |
Number disposed | Nil |
Value/Consideration | $8,400 |
Note: If consideration is non-cash, provide details and estimated | |
valuation | |
- See chapter 19 for defined terms. 01/01/2011 Appendix 3Y Page 1
For personal use only
Appendix 3Y
Change of Director's Interest Notice
No. of securities held after change | 1,200,000 fully paid ordinary shares |
6,000,000 unlisted $0.05 options, expiring 9 | |
December 2023, subject to various vesting | |
conditions. | |
Nature of change | Participation in the Company's Entitlement |
Example: on-market trade, off-market trade, exercise of options, issue of | Offer announced on 7 June 2022. |
securities under dividend reinvestment plan, participation in buy-back | |
Part 2 - Change of director's interests in contracts - N/A
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
Nature of interest
Name of registered holder (if issued securities)
Date of change
No. and class of securities to which interest related prior to change
Note: Details are only required for a contract in relation to which the interest has changed
Interest acquired
Interest disposed
Value/Consideration
Note: If consideration is non-cash, provide details and an estimated valuation
Interest after change
Part 3 - +Closed period - N/A
Were the interests in the securities or contracts detailed above traded during a +closed period where prior written clearance was required?
If so, was prior written clearance provided to allow the trade to proceed during this period?
If prior written clearance was provided, on what date was this provided?
+ See chapter 19 for defined terms.
Appendix 3Y Page 2 | 01/01/2011 |
Appendix 3Y Change of Director's Interest Notice
Appendix 3Y
Rule 3.19A.2
For personal use only
Change of Director's Interest Notice
Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX's property and may be made public.
Introduced 30/09/01 Amended 01/01/11
Name of entity | Alterra Limited |
ABN | 20 129 035 221 |
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 | John Joseph Palermo |
Date of last notice | 30 June 2021 |
Part 1 - Change of director's relevant interests in securities
In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust
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 | Shares held by Mr John Joseph Palermo <> | ||||
(including registered holder) | Jonpi | A/C>, which Mr Palermo | has an | ||
Note: Provide details of the circumstances giving rise to the relevant | equitable interest. | ||||
interest. | |||||
Date of change | 20 July 2022 | ||||
No. of securities held prior to change | 960,000 fully paid ordinary shares held by Mr | ||||
John Joseph Palermo , which | |||||
Mr Palermo has an equitable interest. | |||||
2,000,000 unlisted options at $0.04 each | |||||
exercisable before 5.00pm WST on 9 | |||||
December 2023 after the vesting condition of | |||||
the | Company | achieving | a | market | |
capitalisation of A$10 million for a consecutive | |||||
period of 30 days in which the Company's | |||||
shares have traded on ASX has been met. In | |||||
the event of a Change in Control any unvested | |||||
Options will immediately vest. | |||||
(Tranche 1). |
- See chapter 19 for defined terms. 01/01/2011 Appendix 3Y Page 1
For personal use only
Appendix 3Y
Change of Director's Interest Notice
2,000,000 unlisted options at $0.04 each | |||||||
exercisable before 5.00pm WST on 9 | |||||||
December 2023 after the vesting condition of | |||||||
the | Company | achieving | a | market | |||
capitalisation of A$20 million for a | |||||||
consecutive period of 30 days in which the | |||||||
Company's shares have traded on ASX has | |||||||
been met. In the event of a Change in Control | |||||||
any unvested Options will immediately vest. | |||||||
(Tranche 2). | |||||||
1,000,000 unlisted options at $0.04 each | |||||||
exercisable before 5.00pm WST on 9 | |||||||
December 2023 after the vesting condition of | |||||||
the | Company | achieving | a | market | |||
capitalisation | of | A$30 million | for | a | |||
consecutive period of 30 days in which the | |||||||
Company's shares have traded on ASX has | |||||||
been met. In the event of a Change in Control | |||||||
any unvested Options will immediately vest. | |||||||
(Tranche 3). | |||||||
1,000,000 unlisted options at $0.04 each | |||||||
exercisable before 5.00pm WST on 9 | |||||||
December 2023 after the vesting condition of | |||||||
the | Company | achieving | a | market | |||
capitalisation | of | A$40 million | for | a | |||
consecutive period of 30 days in which the | |||||||
Company's shares have traded on ASX has | |||||||
been met. In the event of a Change in Control | |||||||
any unvested Options will immediately vest. | |||||||
(Tranche 4). | |||||||
Class | Fully paid ordinary shares | ||||||
Number acquired | 960,000 | ||||||
Number disposed | Nil | ||||||
Value/Consideration | $13,440 | ||||||
Note: If consideration is non-cash, provide details and estimated | |||||||
valuation | |||||||
No. of securities held after change | 1,920,000 fully paid ordinary shares held by | ||||||
Mr John Joseph Palermo , | |||||||
which Mr Palermo has an equitable interest. | |||||||
+ See chapter 19 for defined terms.
Appendix 3Y Page 2 | 01/01/2011 |
For personal use only
Appendix 3Y
Change of Director's Interest Notice
2,000,000 unlisted options at $0.04 each | |||||||
exercisable before 5.00pm WST on 9 | |||||||
December 2023 after the vesting condition of | |||||||
the | Company | achieving | a | market | |||
capitalisation of A$10 million for a consecutive | |||||||
period of 30 days in which the Company's | |||||||
shares have traded on ASX has been met. In | |||||||
the event of a Change in Control any unvested | |||||||
Options will immediately vest. (Tranche 1). | |||||||
2,000,000 unlisted options at $0.04 each | |||||||
exercisable before 5.00pm WST on 9 | |||||||
December 2023 after the vesting condition of | |||||||
the | Company | achieving | a | market | |||
capitalisation of A$20 million for a | |||||||
consecutive period of 30 days in which the | |||||||
Company's shares have traded on ASX has | |||||||
been met. In the event of a Change in Control | |||||||
any unvested Options will immediately vest. | |||||||
(Tranche 2). | |||||||
1,000,000 unlisted options at $0.04 each | |||||||
exercisable before 5.00pm WST on 9 | |||||||
December 2023 after the vesting condition of | |||||||
the | Company | achieving | a | market | |||
capitalisation | of | A$30 million | for | a | |||
consecutive period of 30 days in which the | |||||||
Company's shares have traded on ASX has | |||||||
been met. In the event of a Change in Control | |||||||
any unvested Options will immediately vest. | |||||||
(Tranche 3). | |||||||
1,000,000 unlisted options at $0.04 each | |||||||
exercisable before 5.00pm WST on 9 | |||||||
December 2023 after the vesting condition of | |||||||
the | Company | achieving | a | market | |||
capitalisation | of | A$40 million | for | a | |||
consecutive period of 30 days in which the | |||||||
Company's shares have traded on ASX has | |||||||
been met. In the event of a Change in Control | |||||||
any unvested Options will immediately vest. | |||||||
(Tranche 4). | |||||||
Nature of change | Participation in the Company's Entitlement | ||||||
Example: on-market trade, off-market trade, exercise of options, issue of | Offer announced on 7 June 2022. | ||||||
securities under dividend reinvestment plan, participation in buy-back | |||||||
- See chapter 19 for defined terms. 01/01/2011 Appendix 3Y Page 3
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Alterra Limited published this content on 19 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 July 2022 00:03:04 UTC.