Notification of Issue, Conversion or Payment up of Unquoted Equity Securities
Update Summary
For personal use only
Entity name
AUSNET SERVICES LIMITED
Announcement Type
Update to previous announcement
Date of this announcement
Wednesday December 08, 2021
Reason for the update
Update to number of securities
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 |
1.4 The announcement is
Update/amendment to previous announcement
1.4a Reason for update to a previous announcement
Update to number of securities
1.4b Date of previous announcement to this update
7/12/2021
1.5 Date of this announcement
8/12/2021
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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:
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")
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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
use 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
FROM (Existing Class)
ASX +Security code and description
No security currently exists
FROM (Existing Class) +Security description
Deferred 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
247,907
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
26/11/2021
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 | |
247,907 | |||
Mr Tony Narvaez | Mr Tony Narvaez | ||
Date the +securities the subject of this notification were issued/transferred
1/12/2021
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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities
Any other information the entity wishes to provide about the +securities the subject of this notification
The grant of 247,907 Deferred Rights represented the deferred component of Mr Narvaez's one-off incentive paid to him upon commencement of his employment. Further details regarding the issue and terms of the Deferred Rights issued to Mr Tony Narvaez were notified on 24 May 2019 and 19 December 2019.
Issue details
For personal use only
Number of +securities 247,907
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AusNet Services Ltd. published this content on 08 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 December 2021 07:51:04 UTC.