Notification of Issue, Conversion or Payment up of Unquoted Equity Securities
Announcement Summary
For personal use only
Entity name
KINGWEST RESOURCES LIMITED
Date of this announcement
Monday February 21, 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 | Unquoted options exercisable at $0.285 expiring | 1,700,000 | 21/02/2022 |
to be confirmed | 15 February 2025 |
Refer to next page for full details of the announcement
Notification of Issue, Conversion or Payment up of Unquoted | 1 / 7 |
Notification of Issue, Conversion or Payment up of Unquoted Equity Securities
Part 1 - Entity and announcement details
For personal use only
1.1 Name of entity
KINGWEST RESOURCES 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 | Registration number |
ABN | 58624972185 | |
1.3 | ASX issuer code | |
KWR |
- The announcement is New announcement
- Date of this announcement
21/2/2022
Notification of Issue, Conversion or Payment up of Unquoted | 2 / 7 |
Notification of Issue, Conversion or Payment up of Unquoted Equity Securities
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
For personal use only
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")
Notification of Issue, Conversion or Payment up of Unquoted | 3 / 7 |
Notification of Issue, Conversion or Payment up of Unquoted Equity Securities
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
only | ASX +security code | +Security description | ||
New class - code to be confirmed | Unquoted options exercisable at $0.285 expiring 15 | |||
February 2025 | ||||
+Security type | ISIN code | |||
Options | ||||
use | Date the +securities the subject of this notification were issued | |||
21/2/2022 | ||||
Will all the +securities issued in this class rank equally in all respects from their issue date? | ||||
Yes | ||||
personal | Were any of the +securities issued to +key management personnel (KMP) or an +associate? | |||
No | ||||
Have you received confirmation from ASX that the terms of the +securities are appropriate and equitable under | ||||
listing rule 6.1? | ||||
No | ||||
Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being | ||||
issued. | ||||
Options Details | ||||
+Security currency | Exercise price | Expiry date | ||
AUD - Australian Dollar | AUD 0.28500000 | 15/2/2025 | ||
For | Details of the existing class of +security that will be issued upon exercise or conversion of this new class of | |||
company option | ||||
Other | ||||
Description
Fully paid ordinary shares (ASX: KWR)
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 to Schedule 3 of Notice of Annual General Meeting lodged with ASX on 27 October 2021.
Notification of Issue, Conversion or Payment up of Unquoted | 4 / 7 |
Notification of Issue, Conversion or Payment up of Unquoted Equity Securities
Any other information the entity wishes to provide about the +securities the subject of this notification
Options vest on 15 August 2023 pursuant to the terms of the Company's Incentive Option Plan.
Issue details
For personal use only
Number of +securities
1,700,000
Notification of Issue, Conversion or Payment up of Unquoted | 5 / 7 |
This is an excerpt of the original content. To continue reading it, access the original document here.
Attachments
- Original Link
- Original Document
- Permalink
Disclaimer
Kingwest Resources Ltd. published this content on 21 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 February 2022 07:00:04 UTC.