Notification of Issue, Conversion or Payment up of Unquoted Equity Securities
Announcement Summary
For personal use only
Entity name
INFOMEDIA LTD
Date of this announcement
Tuesday December 21, 2021
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 |
New class - code | Performance Rights issued under the Company's | 935,752 | 20/12/2021 |
to be confirmed | Equity Bonus Plan |
Refer to next page for full details of the announcement
Notification of Issue, Conversion or Payment up of Unquoted | 1 / 7 |
Notification of Issue, Conversion or Payment up of Unquoted Equity Securities
Part 1 - Entity and announcement details
For personal use only
1.1 Name of entity
INFOMEDIA 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 | Registration number |
ABN | 63003326243 | |
1.3 | ASX issuer code | |
IFM |
- The announcement is New announcement
- Date of this announcement
21/12/2021
Notification of Issue, Conversion or Payment up of Unquoted | 2 / 7 |
Notification of Issue, Conversion or Payment up of Unquoted Equity Securities
Part 2 - Issue details
For personal use only
2.1 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
2.2a This notification is given in relation to an issue of +securities in a class which is not quoted on ASX and which:
does not have an existing ASX security code ("new class")
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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities
Part 3C - number and type of +securities the subject of this notification (new class) where issue has not previously been notified to ASX in an Appendix 3B
For personal use only
New +securities issued under an +employee incentive scheme
ASX +security code | +Security description | |
New class - code to be confirmed | Performance Rights issued under the Company's Equity | |
Bonus Plan | ||
+Security type | ISIN code | |
Other |
Date the +securities the subject of this notification were issued
20/12/2021
Will all the +securities issued in this class rank equally in all respects from their issue date? 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 | |
68,260 | |||
Gareth Turner | Gareth Turner | ||
Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being issued.
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
Performance Rights (PRs) issued under the IFM Equity Bonus Plan. The following key terms apply:
- The PRs are issued for nil consideration.
- The PRs are subject to the IFM Equity Bonus Plan Rules and the terms of the offer.
- The PRs are non-transferable, carry no dividend or voting rights, unless they convert to fully paid ordinary (FPO) IFM shares
- Upon vesting, each participant is entitled to receive one FPO Infomedia share for each vested PR. Vesting of the PRs remains subject to the ongoing employment of the participant at the relevant vesting dates. No exercise price is payable upon conversion to FPO shares.
- Unvested and expired PRs shall automatically lapse and will be cancelled.
- The PRs will be tested for vesting as follows:
- 204,181 PRs on 31 March 2022;
- 34,130 PRs on 1 July 2022;
- 204,181 PRs on 31 December 2022;
Notification of Issue, Conversion or Payment up of Unquoted | 4 / 7 |
Notification of Issue, Conversion or Payment up of Unquoted Equity Securities
* 34,130 PRs on 1 July 2023; and * 459,130 on 1 December 2023. * Expiry Date 31 December 2023
Any other information the entity wishes to provide about the +securities the subject of this notification
only | ||
Issue details | ||
Number of +securities | ||
use | 935,752 | |
For personal |
Notification of Issue, Conversion or Payment up of Unquoted | 5 / 7 |
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Infomedia Ltd. published this content on 20 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 December 2021 22:49:04 UTC.