12 January 2017
The Manager
Company Announcements Office ASX Limited
Level 4
20 Bridge Street
Sydney NSW 2000 Dear Sir/Madam
EXPIRY AND LAPSE OF EMPLOYEE SHARE OPTIONSAusdrill Limited advises that the following share options have expired or lapsed in accordance with the terms of the:
Ausdrill Limited Executive Share Option Plan, through an option share trust (OST Options), as announced to ASX on 26 Sep 2013; and
Ausdrill Limited Executive Share Option Plan (ESOP) as announced to ASX on 21 December 2015.
Number | Issue Date of Options | Exercise Price | |
66,667 | OST options lapsed | 7 Oct 2013 | $1.7025 |
100,000 | ESOP lapsed | 23 Dec 2015 | $0.248 |
Ausdrill currently has the following options on issue:
Number | +Class |
4,600,014 | Executive Options (exercisable at an exercise price of $1.7025, with an expiry date of 7 October 2018) |
10,800,000 | Executive Options (exercisable at an exercise price of $0.248, with an expiry date of 23 December 2020) |
Yours faithfully
Ausdrill LimitedDomenic Santini Company Secretary AUSDRILL LIMITED
Ausdrill Limited published this content on 12 January 2017 and is solely responsible for the information contained herein.
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