Notification of Issue, Conversion or Payment up of Unquoted Equity SecuritiesAnnouncement Summary
Entity name
For personal use only
VITA LIFE SCIENCES LIMITED..
Date of this announcement Friday April 01, 2022
The +securities the subject of this notification are:
+Securities issued under an +employee incentive scheme that are subject to a restriction on transfer and are not being quoted on ASX until the restriction ends
Total number of +securities to be issued/transferred
Total number of
ASX +security | +securities to be | ||
code | Security description | issued/transferred | Issue date |
VLSAC | PERFORMANCE SHARES | 725,000 | 01/04/2022 |
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
VITA LIFE SCIENCES LIMITED..
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 VLS
1.4 The announcement isNew announcement
1.5 Date of this announcement 1/4/2022
Registration number 35003190421
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:
For personal use only
+Securities issued under an +employee incentive scheme that are subject to a restriction on transfer and are not being quoted on ASX until the restriction ends
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
Additional +securities in an existing class issued under an +employee incentive scheme
ASX +security code and description
VLSAC : PERFORMANCE SHARES
Date the +securities the subject of this notification were issued 1/4/2022
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
Shaun Rutherford
Shaun Rutherford 175,000
Kheng S Beh
Kheng S Beh 175,000
Chin L Khoo
Chin L Khoo 175,000
June Lau
June Lau 100,000
Melissa Pereira
Melissa Pereira 100,000
Please provide a URL link for a document lodged with ASX detailing the terms of the +employee incentive scheme or a summary of the terms
These shares are subject to meeting a performance hurdle of a cumulative EBIT for 2 years ending; FY Dec 2022 and FY Dec 2023 of not less than $22,000,000. These shares are exercisable at $1.89/share and expires on 30 Jun 2024.
Any other information the entity wishes to provide about the +securities the subject of this notification
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
725,000
For personal use only
Notification of Issue, Conversion or Payment up of Unquoted Equity Securities
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Vita Life Sciences Limited published this content on 01 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 April 2022 05:52:02 UTC.