Application for quotation of +securities
Announcement Summary
For personal use only
Entity name
COCHLEAR LIMITED
Announcement Type
New announcement
Date of this announcement
Tuesday February 01, 2022
The +securities to be quoted are:
+Securities issued under an +employee incentive scheme that are not subject to a restriction on transfer or that are to be quoted notwithstanding there is a restriction on transfer
Total number of +securities to be quoted
ASX +security | Number of +securities to | ||
code | Security description | be quoted | Issue date |
COH | ORDINARY FULLY PAID | 135 | 02/02/2022 |
Refer to next page for full details of the announcement
Application for quotation of +securities | 1 / 7 |
Application for quotation of +securities
Part 1 - Entity and announcement details
For personal use only
1.1 Name of entity
COCHLEAR LIMITED
We (the entity named above) apply for +quotation of the following +securities and agree to the matters set out in Appendix 2A of the ASX Listing Rules.
1.2 | Registered number type | Registration number |
ABN | 96002618073 | |
1.3 | ASX issuer code | |
COH |
- The announcement is New announcement
- Date of this announcement
1/2/2022
Application for quotation of +securities | 2 / 7 |
Application for quotation of +securities
Part 2 - Type of Issue
For personal use only
2.1 The +securities to be quoted are:
+Securities issued under an +employee incentive scheme that are not subject to a restriction on transfer or that are to be quoted notwithstanding there is a restriction on transfer
2.2 The +securities to be quoted are:
Additional +securities in a class that is already quoted on ASX ("existing class")
Application for quotation of +securities | 3 / 7 |
Application for quotation of +securities
Part 3B - number and type of +securities to be quoted (existing class) where issue has not previously been notified to ASX in an Appendix 3B
For personal use only
Additional +securities to be quoted in an existing class issued under an +employee incentive scheme
FROM (Existing Class)
ASX +security code and description
No security currently exists
FROM (Existing Class) +Security description
N/A
TO (Existing Class)
ASX +security code and description
COH : ORDINARY FULLY PAID
Please state the number of +securities issued under the +employee incentive scheme that are not subject to a restriction on transfer or that are to be quoted notwithstanding there is a restriction on transfer
135
Please provide details of a URL link for a document lodged with ASX detailing the terms of the +employee incentive scheme or a summary of the terms
Participating employees purchase AUD500-AUD3,000 worth of Cochlear Limited shares (Shares) under a global employee share plan over a 12-month contribution period, with Shares being issued or acquired quarterly at market price by the trustee or nominee on behalf of the participant (Purchased Shares).
At the end of the contribution period, Cochlear matches the number of Purchased Shares with a grant of Matching Rights. A Matching Right is a right to acquire a Share in the future, without cost, subject to satisfaction of the vesting conditions:
- continuous permanent full-time or part-time employment with Cochlear; and (2) retention of the Purchased Shares, until the vesting date. Matching Rights carry no voting or dividend rights.
Upon vesting, Matching Rights are automatically exercised for nil consideration and Shares issued to or acquired by the trustee or nominee to be held on behalf of the participant.
Are any of these +securities being issued to +key management personnel (KMP) or an +associate No
Issue date
2/2/2022
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Application for quotation of +securities
Will the +securities to be quoted rank equally in all respects from their issue date with the existing issued +securities in that class?
Yes
only | ||||
Issue details | ||||
Number of +securities to be quoted | ||||
135 | ||||
use | Are the +securities being issued for a cash consideration? | |||
Yes | ||||
In what currency is the cash consideration being paid? | What is the issue price per +security? | |||
AUD - Australian Dollar | AUD 180.00000000 | |||
Any other information the entity wishes to provide about the +securities to be quoted | ||||
Forpersonal |
Application for quotation of +securities | 5 / 7 |
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Cochlear Ltd. published this content on 31 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 February 2022 00:01:02 UTC.