Alpha HPA : Notification regarding unquoted securities - A4N

Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

Announcement Summary

For personal use only

Entity name

ALPHA HPA LIMITED

Date of this announcement

Monday May 30, 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
New class - code	OPTION EXPIRING 30-APR-2025 EX 90C	12,000,000	06/05/2022
to be confirmed

Refer to next page for full details of the announcement

Notification of Issue, Conversion or Payment up of Unquoted

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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

ALPHA HPA 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	79106879690
1.3	ASX issuer code
A4N

1. The announcement is New announcement
2. Date of this announcement

30/5/2022

Notification of Issue, Conversion or Payment up of Unquoted

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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:

+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")

Notification of Issue, Conversion or Payment up of Unquoted

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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		OPTION EXPIRING 30-APR-2025 EX 90C
+Security type		ISIN code
Options

Date the +securities the subject of this notification were issued

6/5/2022

Will all the +securities issued in this class rank equally in all respects from their issue date? No

If some of the issued +securities do not rank equally:

Is the actual date from which the +securities will rank equally (non-ranking end date) known?

No

Provide the estimated non-ranking end period

Upon conversion of the option. The expiry date of the options is 30 April 2025.

Please state the extent to which the +securities do not rank equally:

In relation to the next dividend, distribution or interest payment; or

For any other reason

The options do not entitle the holder to participate in dividends until they are exercised to acquire a fully paid ordinary share which will then rank pari passu with existing ordinary shares.

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
			2,040,000
Robert Williamson		Robert Williamson

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://alphahpa.com.au/wp-content/uploads/option-incentive-plan-rules.pdfandhttps://alphahpa.com.au/wp-content/uploads/2378951.pdf

Notification of Issue, Conversion or Payment up of Unquoted

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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

Options Details

	+Security currency	Exercise price	Expiry date
	AUD - Australian Dollar	AUD 0.90000000	30/4/2025
only	Details of the existing class of +security that will be issued upon exercise or conversion of this new class of
company option
Other
Description
OPTION EXPIRING 30-APR-2025 EX 90C
Please provide a URL link for a document lodged with ASX detailing the terms of the +employee incentive scheme
use	or a summary of the terms
https://alphahpa.com.au/wp-content/uploads/option-incentive-plan-rules.pdf
	Any other information the entity wishes to provide about the +securities the subject of this notification
	1/3 of the options being issued vest immediately, 1/3 vest on 30 April 2023 and 1/3 vest on 30 April 2024.
	As advised in the ASX announcement on 6 May 2022 'Issue of Options' the Company granted on that day 12,000,000
	options to key operational employees of the Company. At the same time the Company released an Appendix 3B
	`Proposed issue of Securities¿ rather than as is being done now an Appendix 3G `Notification of issue, conversion or
personalFor	payment up of equity securities¿,
Issue details

Number of +securities 12,000,000

Notification of Issue, Conversion or Payment up of Unquoted

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