Application for quotation of +securities
Announcement Summary
For personal use only
Entity name
XREALITY GROUP LTD
Announcement Type
New announcement
Date of this announcement
Monday March 21, 2022
The +securities to be quoted are:
+Securities issued, transferred or re-classified as a result of options being exercised or other +convertible securities being converted
Total number of +securities to be quoted
ASX +security | Number of +securities to | ||
code | Security description | be quoted | Issue date |
XRG | ORDINARY FULLY PAID | 170,455 | 22/03/2022 |
Refer to next page for full details of the announcement
Application for quotation of +securities | 1 / 6 |
Application for quotation of +securities
Part 1 - Entity and announcement details
For personal use only
1.1 Name of entity
XREALITY GROUP LTD
We (the entity named above) apply for +quotation of the following +securities and agree to the matters set out in Appendix 2A of the ASX Listing Rules.
1.2 | Registered number type | Registration number |
ABN | 39154103607 | |
1.3 | ASX issuer code | |
XRG |
- The announcement is New announcement
- Date of this announcement
21/3/2022
Application for quotation of +securities | 2 / 6 |
Application for quotation of +securities
Part 2 - Type of Issue
For personal use only
2.1 The +securities to be quoted are:
+Securities issued, transferred or re-classified as a result of options being exercised or other +convertible securities being converted
2.2 The +securities to be quoted are:
Additional +securities in a class that is already quoted on ASX ("existing class")
Application for quotation of +securities | 3 / 6 |
Application for quotation of +securities
Part 3B - number and type of +securities to be quoted (existing class) where issue has not previously been notified to ASX in an Appendix 3B
only
Existing +securities converting into additional +securities in an existing class
FROM (Existing Class)
ASX +security code and description
XRGAR : OPTION EXPIRING 31-JAN-2024 EX $0.021
use
TO (Existing Class)
ASX +security code and description
XRG : ORDINARY FULLY PAID
Please state the number of options that were exercised or other +convertible securities that were converted
250,000
The first date the options were exercised or other +convertible securities were converted
The last date the options were exercised or other +convertible securities were converted
18/3/2022
For personal
Is this all of the options or other +convertible securities on issue of that type (ie have all of those options now been exercised or have all of those convertible securities now been converted)?
No
The right of the holder of the options or other +convertible securities to receive the +underlying securities is being satisfied by:
An issue of new +securities
The underlying securities being received by the holder are:
Intended to be, but are not yet, quoted by ASX
Were the options being exercised or other +convertible securities being converted issued under an +employee incentive scheme?
Yes
Are any of the options being exercised or other +convertible securities being converted held by +key management personnel (KMP) or an +associate?
No
Issue date
22/3/2022
Will the +securities to be quoted rank equally in all respects from their issue date with the existing issued +securities in that class?
Yes
Application for quotation of +securities | 4 / 6 |
Application for quotation of +securities
Issue details
For personal use only
Number of +securities to be quoted
170,455
Are the +securities being issued for a cash consideration?
No
Please describe the consideration being provided for the +securities
These 170,455 Ordinary Fully Paid shares are being issued with the exercise of 250,000 Options under the Employee Share Option Plan cashless facility (closing price 18/03/21 $0.066).
Please provide an estimate (in AUD) of the value of the consideration being provided per +security for the +securities to be quoted
0.066000
Any other information the entity wishes to provide about the +securities to be quoted
250,000 Options are being exercised using the Employee Share Option Plan's cashless facility, and accordingly, with the closing price being $0.066, the full value of the Shares at $16,500 is reduced by the exercise price of $5,250, leaving $11,250. This is issued as 170,455 Ordinary fully Paid shares.
Application for quotation of +securities | 5 / 6 |
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xReality Group Ltd. published this content on 21 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 March 2022 04:47:03 UTC.