Notification of Issue, Conversion or Payment up of Unquoted Equity SecuritiesAnnouncement Summary
Entity name
For personal use only
SPIRIT TECHNOLOGY SOLUTIONS LTD
Date of this announcement Thursday April 07, 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 |
ST1AB | PERFORMANCE RIGHTS | 13,000,000 | 07/04/2022 |
Refer to next page for full details of the announcementNotification of Issue, Conversion or Payment up of Unquoted Equity Securities
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Notification of Issue, Conversion or Payment up of Unquoted Equity SecuritiesPart 1 - Entity and announcement details
For personal use only
1.1 Name of entity
SPIRIT TECHNOLOGY SOLUTIONS 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 ABN
1.3 ASX issuer code ST1
1.4 The announcement isNew announcement
1.5 Date of this announcement 7/4/2022
Registration number 73089224402
Notification of Issue, Conversion or Payment up of Unquoted Equity Securities
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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 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:has an existing ASX security code ("existing class")
Notification of Issue, Conversion or Payment up of Unquoted Equity Securities
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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities
Part 3B - number and type of +securities the subject of this notification (existing class) where issue has not previously been notified to ASX in an Appendix 3B
For personal use only
ASX +security code and description
ST1AB : PERFORMANCE RIGHTS
Date the +securities the subject of this notification were issued 7/4/2022
Will these +securities rank equally in all respects from their issue date with the existing issued +securities in that class
Yes
Were any of the +securities issued to +key management personnel (KMP) or an +associate?
Yes
Provide details of the KMP or +associates being issued +securities.
Name of KMP
Name of registered holder
Number of +securities
Sol Lukatsky
Sol Lukatsky 6,000,000
Paul Miller
Paul Miller 1,500,000
Please provide a URL link for a document lodged with ASX detailing the terms of the +employee incentive scheme or a summary of the termshttps://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02443336-3A579592?access_token=83ff96335c2d45a094df02a206a39ff4
Any other information the entity wishes to provide about the +securities the subject of this notification FY22 Performance Rights issued to eligible employees, pursuant to the terms of the Spirit Technology Solutions Ltd Employee Incentive Plan. The Performance Rights vest on satisfaction of performance hurdles over a three-year period (being 1 July 2021 to 30 June 2024), expiring 7 April 2025.
Notification of Issue, Conversion or Payment up of Unquoted Equity Securities
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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities
Issue details
Number of +securities
13,000,000
For personal use only
Notification of Issue, Conversion or Payment up of Unquoted Equity Securities
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Spirit Telecom Limited published this content on 07 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 April 2022 06:22:10 UTC.