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AUSNET SERVICES

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AusNet Services : Notification regarding unquoted securities - AST

02/14/2022 | 05:47pm EDT

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

Announcement Summary

use only

Entity name

AUSNET SERVICES LIMITED

Date of this announcement

Tuesday February 15, 2022

The +securities the subject of this notification are:

Unquoted options that have been exercised or other unquoted +convertible securities that have been converted

Total number of +securities to be issued/transferred

Total number of

ASX +security

+securities to be

code

Security description

issued/transferred Issue date

For personal

Refer to next page for full details of the announcement

Notification of Issue, Conversion or Payment up of Unquoted

1 / 6

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

AUSNET SERVICES 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

ACN

603317559

1.3

ASX issuer code

AST

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

15/2/2022

Notification of Issue, Conversion or Payment up of Unquoted

2 / 6

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:

Unquoted options that have been exercised or other unquoted +convertible securities that have been converted

For personal use only

2.2b The +securities being issued, transferred or re-classified as a result of the options being exercised or other +convertible securities being converted are:

securities that have already been quoted on ASX ("existing class")

Notification of Issue, Conversion or Payment up of Unquoted

3 / 6

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

Part 3B - number and type of +securities the subject of this notification (existing class) where issue has not previously been notified to ASX in an Appendix 3B

only

The right of the holder of the options or other +convertible securities to receive the +underlying securities is being satisfied by:

A transfer of existing +securities

The underlying securities being received by the holder are:

Already quoted by ASX

Existing +securities converting into an existing class

use

FROM (Existing Class)

ASX +Security code and description

ASTAA : PERFORMANCE RIGHTS

TO (Existing Class)

ASX +Security code and description

AST : ORDINARY FULLY PAID

Please state the number of options that were exercised or other +convertible securities that were converted

653,565

The first date the options were exercised or other +convertible securities were converted

The last date the options were exercised or other +convertible securities were converted

8/2/2022

For personal

Is this all of the options or other +convertible securities on issue of that type?

Yes

Were the options being exercised or other +convertible securities being converted issued under an +employee incentive scheme?

Yes

Are any of the options being exercised or other +convertible securities being converted held by +key management personnel (KMP) or an +associate?

Yes

Provide details of the KMP or associates who are exercising options or converting convertible securities.

Name of KMP

Name of registered holder

Number of +securities

645,595

Tony Narvaez

Tony Narvaez

Date the +securities the subject of this notification were issued/transferred

8/2/2022

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 / 6

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

Issue details

For personal use only

Number of +securities

0

Notification of Issue, Conversion or Payment up of Unquoted

5 / 6

This is an excerpt of the original content. To continue reading it, access the original document here.

Disclaimer

AusNet Services Ltd. published this content on 14 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 February 2022 22:45:36 UTC.


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Financials
Sales 2021 1 925 M 1 338 M 1 338 M
Net income 2021 302 M 210 M 210 M
Net Debt 2021 8 261 M 5 742 M 5 742 M
P/E ratio 2021 22,8x
Yield 2021 5,18%
Capitalization 9 930 M 7 127 M 6 902 M
EV / Sales 2020 8,15x
EV / Sales 2021 7,91x
Nbr of Employees 1 500
Free-Float -
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Income Statement Evolution
Managers and Directors
Tony Narvaez Managing Director & Executive Director
Mark Ellul Chief Financial Officer
Keith Hopkins General Manager-Technology Products & Services
Prue Crawford-Flett Executive General Manager-Network Operations
Sally Marie Farrier Independent Non-Executive Director