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 OPTIONS

Ausdrill 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 Limited

Domenic Santini Company Secretary AUSDRILL LIMITED

Ausdrill Limited published this content on 12 January 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 12 January 2017 03:43:08 UTC.

Original documenthttp://clients2.weblink.com.au/clients/ausdrill/article.asp?asx=ASL&view=6806252

Public permalinkhttp://www.publicnow.com/view/3014DF6530DD79FAF5AAA0B0A27F515CA181204C