Atlas Pearls : Notification regarding unquoted securities - ATP

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

Announcement Summary

For personal use only

Entity name

ATLAS PEARLS LTD

Date of this announcement

Friday May 27, 2022

The +securities the subject of this notification are:

+Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX

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	Unquoted options exercisable at $0.065 each on	3,306,789	27/05/2022
to be confirmed	or before 30 September 2024.
New class - code	Unquoted options exercisable at $0.07 each on or	4,960,192	27/05/2022
to be confirmed	before 30 September 2024.
New class - code	Unquoted options exercisable at $0.075 each on	10,491,074	27/05/2022
to be confirmed	or before 30 September 2024.

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

ATLAS PEARLS 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	32009220053
1.3	ASX issuer code
ATP

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

27/5/2022

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

2.1 The +securities the subject of this notification are:

+Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX

For personal use only

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

only	ASX +security code		+Security description
	New class - code to be confirmed		Unquoted options exercisable at $0.065 each on or before
			30 September 2024.
	+Security type		ISIN code
	Options
use	Date the +securities the subject of this notification were issued
27/5/2022
	Will all the +securities issued in this class rank equally in all respects from their issue date?
	Yes
personal	Were any of the +securities issued to +key management personnel (KMP) or an +associate?
Yes
Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being
	Provide details of the KMP or +associates being issued +securities.

	Name of KMP		Name of registered holder	Number of +securities
				510,478
	Geoff Newman		GG & CL Newman
				223,526
	Diana Kubicki		Diana Kubicki
				257,055
	Mark Longhurst		Mark Aiden Longhurst
	Have you received confirmation from ASX that the terms of the +securities are appropriate and equitable under
	listing rule 6.1?
	No
For	issued.
https://www.asx.com.au/asxpdf/20220328/pdf/457f40wn8w0zvs.pdf
Options Details
	+Security currency		Exercise price	Expiry date
	AUD - Australian Dollar		AUD 0.06500000	30/9/2024

Details of the existing class of +security that will be issued upon exercise or conversion of this new class of company option

Other

Notification of Issue, Conversion or Payment up of Unquoted

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

Description

Fully Paid Ordinary Shares (ASX:ATP)

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

only

https://www.asx.com.au/asxpdf/20220328/pdf/457f40wn8w0zvs.pdf

Any other information the entity wishes to provide about the +securities the subject of this notification

Issue of options to Mr G. Newman, Chairman, and to various employees pursuant to the Company's Employee Share and Incentive Plan as approved by shareholders on 29 April 2022.

	Issue details
use	Number of +securities
		3,306,789
personal	ASX +security code					+Security description
		New class - code to be confirmed					Unquoted options exercisable at $0.07 each on or before
							30 September 2024.
		+Security type					ISIN code
		Options
		Date the +securities the subject of this notification were issued
		27/5/2022
		Will all the +securities issued in this class rank equally in all respects from their issue date?
For	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
					765,718
		Geoff Newman		GG & CL Newman
								335,290
		Diana Kubicki		Diana Kubicki
	Notification of Issue, Conversion or Payment up of Unquoted	5 / 10