Notification of Issue, Conversion or Payment up of Unquoted Equity Securities
Announcement Summary | |||
only | Entity name | ||
SIPA RESOURCES LIMITED | |||
Date of this announcement | |||
Tuesday November 30, 2021 | |||
The +securities the subject of this notification are: | |||
Other | |||
use | Total number of +securities to be issued/transferred | ||
ASX +security | |||
code | Security description | ||
New class - code | Director options with various price hurdles for | ||
to be confirmed | vesting. | ||
personalFor | New class - code | Director options with various price hurdles for | |
to be confirmed | vesting. | ||
New class - code | Director options with various price hurdles for | ||
to be confirmed | vesting. | ||
New class - code | Director options with various price hurdles for | ||
to be confirmed | vesting. |
Refer to next page for full details of the announcement
Total number of +securities to be
issued/transferred Issue date
650,000 29/11/2021
650,000 29/11/2021
650,000 29/11/2021
650,000 29/11/2021
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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
SIPA RESOURCES 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 | Registration number |
ABN | 26009448980 | |
1.3 | ASX issuer code | |
SRI | ||
1.4 The announcement is | ||
New announcement | ||
1.5 | Date of this announcement |
30/11/2021
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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: Other
Please specify
Issue of options as incentive to non-executive directors
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")
Notification of Issue, Conversion or Payment up of Unquoted | 3 / 12 |
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
only | New +securities | |||
ASX +security code | +Security description | |||
New class - code to be confirmed | Director options with various price hurdles for vesting. | |||
+Security type | ISIN code | |||
Options | ||||
use | Date the +securities the subject of this notification were issued | |||
29/11/2021 | ||||
Will all the +securities issued in this class rank equally in all respects from their issue date? | ||||
personal | Yes | |||
Have you received confirmation from ASX that the terms of the +securities are appropriate and equitable under | ||||
listing rule 6.1? | ||||
Yes | ||||
Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being | ||||
issued. | ||||
https://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=02435813 | ||||
Resolution 12 | ||||
Options Details | ||||
+Security currency | Exercise price | Expiry date | ||
AUD - Australian Dollar | AUD 0.09300000 | 29/11/2025 | ||
For | Details of the existing class of +security that will be issued upon exercise or conversion of this new class of | |||
company option | ||||
Other | ||||
Description
Ordinary shares
Any other information the entity wishes to provide about the +securities the subject of this notification
https://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=02435813
Resolution 12
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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities
Please provide any further information needed to understand the circumstances in which you are notifying the issue of these +securities to ASX, including why the issue of the +securities has not been previously announced to the market in an Appendix 3B
Issue of options under resolution 12 of the 2021 Notice of Annual General Meeting subject to shareholder approval
Issue details | |||||
only | Number of +securities | ||||
650,000 | |||||
Were the +securities issued for a cash consideration? | |||||
use | No | ||||
Please describe the consideration being provided for the +securities | |||||
Issued as part incentive for non-executive directors as set out under resolution 12 of the 2021 Notice of Annual General | |||||
Meeting | |||||
Purpose of the issue | |||||
Other | |||||
personal | Additional Details | ||||
Incentive for non-executive directors - res 12 of the 2021 AGM | |||||
New +securities | |||||
ASX +security code | +Security description | ||||
New class - code to be confirmed | Director options with various price hurdles for vesting. | ||||
+Security type | ISIN code | ||||
Options | |||||
Date the +securities the subject of this notification were issued | |||||
29/11/2021 | |||||
For | Will all the +securities issued in this class rank equally in all respects from their issue date? | ||||
Yes | |||||
Have you received confirmation from ASX that the terms of the +securities are appropriate and equitable under listing rule 6.1?
Yes
Notification of Issue, Conversion or Payment up of Unquoted | 5 / 12 |
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Sipa Resources Limited published this content on 30 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 November 2021 07:40:09 UTC.