Notification of cessation of +securities

Announcement Summary

only

Entity name

NITRO SOFTWARE LIMITED

Announcement Type

New announcement

Date of this announcement

Friday March 04, 2022

use

Details of +securities that have ceased

ASX +security

11-DEC-2029 EX $1.72

code

Security description

personal

NTOAM

OPTION EXPIRING

NTOAI

OPTION EXPIRING

31-DEC-2027 EX 48.03C

NTOAJ

OPTION EXPIRING

24-JUL-2028 EX 48.03C

NTOAK

OPTION EXPIRING

24-MAR-2029 EX 48.03C

NTOAS

OPTION EXPIRING

For

21-JAN-2031 EX $3.05

NTOAP

OPTION EXPIRING

24-JUN-2030 EX $1.47

NTOAN

OPTION EXPIRING

27-MAR-2030 EX 97.5C

NTOAQ

OPTION EXPIRING

23-SEP-2030 EX $2.49

Notification of cessation of +securities

Number of

+securities that

The +securities have

Date of

have ceased

ceased due to

cessation

47,330

Lapse of conditional right to

28/02/2022

securities because the

conditions have not been, or

have become incapable of

being, satisfied

144

Expiry of option or other

20/01/2022

convertible security without

exercise or conversion

1,314

Expiry of option or other

04/02/2022

convertible security without

exercise or conversion

27,279

Lapse of conditional right to

29/01/2022

securities because the

conditions have not been, or

have become incapable of

being, satisfied

11,813

Expiry of option or other

04/02/2022

convertible security without

exercise or conversion

8,155

Expiry of option or other

11/02/2022

convertible security without

exercise or conversion

29,282

Lapse of conditional right to

28/01/2022

securities because the

conditions have not been, or

have become incapable of

being, satisfied

3,327

22/01/2022

1 / 10

For personal use only

Notification of cessation of +securities

Lapse of conditional right to

securities because the

conditions have not been, or

have become incapable of

being, satisfied

NTOAR

RESTRICTED SHARE

19,205

Lapse of conditional right to

18/02/2022

AWARD

securities because the

conditions have not been, or

have become incapable of

being, satisfied

NTOAO

PERFORMANCE RIGHTS

215,026

Lapse of conditional right to

28/02/2022

securities because the

conditions have not been, or

have become incapable of

being, satisfied

Refer to next page for full details of the announcement

Notification of cessation of +securities

2 / 10

Notification of cessation of +securities

Part 1 - Announcement Details

For personal use only

1.1 Name of +Entity

NITRO SOFTWARE LIMITED

We (the entity named above) provide the following information about our issued capital.

1.2

Registered Number Type

Registration Number

ACN

079215419

1.3

ASX issuer code

NTO

  1. The announcement is New announcement
  2. Date of this announcement

4/3/2022

Notification of cessation of +securities

3 / 10

Notification of cessation of +securities

Part 2 - Details of +equity securities or +debt securities that have ceased

For personal use only

ASX +Security Code and Description

NTOAO : PERFORMANCE RIGHTS

Unquoted +equity securities that have ceased

Number of securities that have ceased

215,026

Reason for cessation

Lapse of conditional right to securities because the conditions have not been, or have become incapable of being, satisfied

Date of cessation

Is the entity paying any consideration for the cessation?

28/2/2022

No

Any other information the entity wishes to notify to ASX about the cessation?

The performance rights were issued pursuant to shareholder approval at the AGM dated 29 May 2020. Out of the 946,000 performance rights, 730,974 have vested and the balance 215,026 have been forfeited as the performance conditions relating thereto have not been met.

ASX +Security Code and Description

NTOAM : OPTION EXPIRING 11-DEC-2029 EX $1.72

Unquoted +equity securities that have ceased

Number of securities that have ceased

47,330

Reason for cessation

Lapse of conditional right to securities because the conditions have not been, or have become incapable of being, satisfied

Date of cessation

Is the entity paying any consideration for the cessation?

28/2/2022

No

Any other information the entity wishes to notify to ASX about the cessation?

47,330 options have been forfeited as the performance conditions relating thereto have not been met.

ASX +Security Code and Description

NTOAN : OPTION EXPIRING 27-MAR-2030 EX 97.5C

Notification of cessation of +securities

4 / 10

For personal use only

Notification of cessation of +securities

Unquoted +equity securities that have ceased

Number of securities that have ceased

29,282

Reason for cessation

Lapse of conditional right to securities because the conditions have not been, or have become incapable of being, satisfied

Date of cessation

Is the entity paying any consideration for the cessation?

28/1/2022

No

Any other information the entity wishes to notify to ASX about the cessation?

Equity award forfeited upon resignation or termination of the employee

ASX +Security Code and Description

NTOAP : OPTION EXPIRING 24-JUN-2030 EX $1.47

Unquoted +equity securities that have ceased

Number of securities that have ceased

8,155

Reason for cessation

Expiry of option or other convertible security without exercise or conversion

Date of cessation

Is the entity paying any consideration for the cessation?

11/2/2022

No

Any other information the entity wishes to notify to ASX about the cessation?

Equity award forfeited upon resignation or termination of the employee

ASX +Security Code and Description

NTOAQ : OPTION EXPIRING 23-SEP-2030 EX $2.49

Unquoted +equity securities that have ceased

Number of securities that have ceased

3,327

Reason for cessation

Lapse of conditional right to securities because the conditions have not been, or have become incapable of being, satisfied

Is the entity paying any consideration for the cessation?

No

Notification of cessation of +securities

5 / 10

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Nitro Software Ltd. published this content on 04 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 March 2022 00:45:09 UTC.