Notification of Issue, Conversion or Payment up of Unquoted Equity Securities
Announcement Summary
For personal use only
Entity name
NEXION GROUP LTD
Date of this announcement
Friday February 04, 2022
The +securities the subject of this notification are:
Other
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 | Options exercisable at $0.30 each and expiring on | 8,593,749 | 04/02/2022 |
to be confirmed | 4 February 2025 |
Refer to next page for full details of the announcement
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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
NEXION GROUP LTD
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 | 48628415887 | |
1.3 | ASX issuer code | |
NNG |
- The announcement is New announcement
- Date of this announcement
4/2/2022
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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
For personal use only
Please specify
As per Appendix 3B lodged on 29 December 2021.
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")
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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 | New +securities | |||
ASX +security code | +Security description | |||
New class - code to be confirmed | Options exercisable at $0.30 each and expiring on 4 | |||
February 2025 | ||||
+Security type | ISIN code | |||
use | Options | |||
Date the +securities the subject of this notification were issued | ||||
4/2/2022 | ||||
Will all the +securities issued in this class rank equally in all respects from their issue date? | ||||
personal | Yes | |||
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://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02471920-6A1070922?access_token=8 | ||||
3ff96335c2d45a094df02a206a39ff4 | ||||
Options Details | ||||
+Security currency | Exercise price | Expiry date | ||
AUD - Australian Dollar | AUD 0.30000000 | 4/2/2025 | ||
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
NNG - Ordinary Fully Paid
Any other information the entity wishes to provide about the +securities the subject of this notification
Free options issued on the basis of one option for every two shares issued, attaching to a placement of ordinary shares comprising 16,562,500 shares issued on 24 November 2021 and 625,000 shares issued on 4 February 2022.
Please provide any further information needed to understand the circumstances in which you are notifying the
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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities
issue of these +securities to ASX, including why the issue of the +securities has not been previously announced to the market in an Appendix 3B
As per Appendix 3B lodged on 29 December 2021.
Issue details
For personal use only
Number of +securities
8,593,749
Were the +securities issued for a cash consideration?
No
Please describe the consideration being provided for the +securities
Free options for every two shares issued, attaching to a placement of ordinary shares comprising 16,562,500 shares issued on 24 November 2021 and 625,000 shares issued on 4 February 2022.
Purpose of the issue
Other
Additional Details
Free options issued on the basis of one option for every two shares issued.
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NEXION Group Ltd. published this content on 04 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 February 2022 07:45:04 UTC.