Announcement Summary
Entity name
GREAT SOUTHERN MINING LIMITED
Date of this announcement Tuesday March 29, 2022
The +securities the subject of this notification are:
+Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX
Total number of +securities to be issued/transferred
Total number of
ASX +security | +securities to be | ||
code | Security description | issued/transferred | Issue date |
New class - code | Unlisted Options issued under the Company's | 3,750,000 | 28/03/2022 |
to be confirmed | approved long term incentive plan. |
Refer to next page for full details of the announcementPart 1 - Entity and announcement details
1.1 Name of entity
GREAT SOUTHERN MINING LIMITED
We (the entity named above) give notice of the issue, conversion or payment up of the following unquoted +securities.
1.2 Registered number type ABN
1.3 ASX issuer code GSN
1.4 The announcement isNew announcement
1.5 Date of this announcement 29/3/2022
Registration number 37148168825
Part 2 - Issue details
2.1 The +securities the subject of this notification are:
+Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX
2.2a This notification is given in relation to an issue of +securities in a class which is not quoted on ASX and which:does not have an existing ASX security code ("new class")
Part 3C - number and type of +securities the subject of this notification (new class) where issue has not previously been notified to ASX in an Appendix 3B
onlyFor personal use
ASX +security code
New class - code to be confirmed
+Security type Options
Date the +securities the subject of this notification were issued 28/3/2022
Will all the +securities issued in this class rank equally in all respects from their issue date?
Yes
Were any of the +securities issued to +key management personnel (KMP) or an +associate?
Yes
Provide details of the KMP or +associates being issued +securities.
Name of KMP
M Petricevic (Company Secretary)
Have you received confirmation from ASX that the terms of the +securities are appropriate and equitable under listing rule 6.1?
Yes
Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being issued.
https://wcsecure.weblink.com.au/clients/gsml/headline.aspx?headlineid=6980764 Note: LTIP last approved at EGM held 3 July 2020.
Options Details
Name of registered holder
+Security description
ISIN code
Number of +securities
M Petricevic
1,500,000
+Security currency | Exercise price | Expiry date |
AUD - Australian Dollar | AUD 0.10000000 | 29/3/2027 |
Details of the existing class of +security that will be issued upon exercise or conversion of this new class of company option
Other
Description
GSN fully paid ordinary shares.
Please provide a URL link for a document lodged with ASX detailing the terms of the +employee incentive scheme or a summary of the terms
Refer above.
Any other information the entity wishes to provide about the +securities the subject of this notification Unlisted Options are being issued to the employees of the Company under the Company's approved LTIP. Refer to Attachment A to this Appendix.
Issue details
Number of +securities
3,750,000
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Great Southern Mining Limited published this content on 29 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 March 2022 07:03:01 UTC.