Notification of Issue, Conversion or Payment up of Unquoted Equity Securities
Announcement Summary | |||
only | Entity name | ||
SPARC TECHNOLOGIES LIMITED | |||
Date of this announcement | |||
Thursday March 03, 2022 | |||
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 | Unlisted options - exercisable at $1.20 on or | ||
to be confirmed | before 28 February 2026 | ||
personalFor | Refer to next page for full details of the announcement | ||
Total number of +securities to be
issued/transferred Issue date
1,000,000 03/03/2022
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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
SPARC TECHNOLOGIES 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 | 13009092068 | |
1.3 | ASX issuer code | |
SPN |
- The announcement is New announcement
- Date of this announcement
3/3/2022
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: Other
Please specify
Refer to ASX announcement dated 3 March 2022 for further information.
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 / 7 |
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 | Unlisted options - exercisable at $1.20 on or before 28 | |||
February 2026 | ||||
+Security type | ISIN code | |||
use | Options | |||
Date the +securities the subject of this notification were issued | ||||
3/3/2022 | ||||
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? | ||||
No | ||||
Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being | ||||
issued. | ||||
https://www.investi.com.au/api/announcements/spn/a58c11c6-12e.pdf | ||||
Options Details | ||||
+Security currency | Exercise price | Expiry date | ||
AUD - Australian Dollar | AUD 1.20000000 | 28/2/2026 | ||
Details of the existing class of +security that will be issued upon exercise or conversion of this new class of | ||||
For | company option | |||
Other | ||||
Description | ||||
One unlisted option will convert into one fully paid ordinary share (ASX:SPN)
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 | 4 / 7 |
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
Issued as part of the appointment agreement with Ms Stephanie Moroz. Refer to ASX announcement dated 3 March 2022 for further information.
only | |
Issue details | |
Number of +securities | |
1,000,000 | |
use | Were the +securities issued for a cash consideration? |
No | |
Please describe the consideration being provided for the +securities | |
Issued as part of the appointment agreement with Ms Stephanie Moroz. Refer to ASX announcement dated 3 March | |
2022 for further information. | |
Purpose of the issue | |
personalFor | Other |
Additional Details | |
Refer to ASX announcement dated 3 March 2022 for further information.
Notification of Issue, Conversion or Payment up of Unquoted | 5 / 7 |
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Sparc Technologies Ltd. published this content on 02 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 March 2022 22:58:37 UTC.