OVANTI LIMITED Notification of Issue, Conversion or Payment up of Unquoted Equity Securities
Announcement Summary
For personal use only
Entity name
IOUPAY LIMITED
Date of this announcement
Tuesday February 08, 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 | IOU001 Perf Options at nil ex vesting on | 2,600,000 | 08/02/2022 |
to be confirmed | 08/06/2022 exp 08/08/2022 | ||
New class - code | IOU002 Perf Options at nil ex vesting on 10 day | 1,600,000 | 08/02/2022 |
to be confirmed | VWAP of over $0.35 exp 27/01/2024 | ||
New class - code | IOU003 Perf Options at nil ex vesting on 10 day | 1,600,000 | 08/02/2022 |
to be confirmed | VWAP of over $0.425 exp 27/01/2024 |
Refer to next page for full details of the announcement
Notification of Issue, Conversion or Payment up of Unquoted | 1 / 10 |
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
IOUPAY 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 | 11091192871 | |
1.3 | ASX issuer code | |
IOU |
- The announcement is New announcement
- Date of this announcement
8/2/2022
Notification of Issue, Conversion or Payment up of Unquoted | 2 / 10 |
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 | 3 / 10 |
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 | IOU001 Perf Options at nil ex vesting on 08/06/2022 exp | ||
08/08/2022 | |||
+Security type | ISIN code | ||
Options | |||
use | Date the +securities the subject of this notification were issued | ||
8/2/2022 | |||
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 | |
600,000 | |||
Lee Chin Wee | Same | ||
100,000 | |||
Paul Russell | Same | ||
400,000 | |||
Kenneth Choon Hsuing Kuan | Same | ||
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://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02322254-2A1270223?access_token=8 | |||||
3ff96335c2d45a094df02a206a39ff4 | |||||
Options Details | |||||
+Security currency | Exercise price | Expiry date | |||
AUD - Australian Dollar | AUD 0.00000000 | 8/8/2022 | |||
Notification of Issue, Conversion or Payment up of Unquoted | 4 / 10 |
Notification of Issue, Conversion or Payment up of Unquoted Equity Securities
Details of the existing class of +security that will be issued upon exercise or conversion of this new class of company option
Other | |||||||||
Description | |||||||||
only | IOU Fully Paid Ordinary Shares (ASX:IOU) | ||||||||
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 | |||||||||
https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02322254-2A1270223?access_token=8 | |||||||||
3ff96335c2d45a094df02a206a39ff4 | |||||||||
Any other information the entity wishes to provide about the +securities the subject of this notification | |||||||||
None. | |||||||||
I | ue details | ||||||||
use | Number of +securities | ||||||||
personal | 2,600,000 | ||||||||
ASX +security code | +Security description | ||||||||
New class - code to be confirmed | IOU002 Perf Options at nil ex vesting on 10 day VWAP of | ||||||||
over $0.35 exp 27/01/2024 | |||||||||
+Security type | ISIN code | ||||||||
Options | |||||||||
Date the +securities the subject of this notification were issued | |||||||||
For | 8/2/2022 | ||||||||
Yes | |||||||||
Will all the +securities issued in this class rank equally in all respects from their issue date? | |||||||||
Yes | |||||||||
Were any of the +securities issued to +key management personnel (KMP) or an +associate? | |||||||||
Provide details of the KMP or +associates being issued +securities. | |||||||||
Name of KMP | Name of registered holder | Number of +securities | |||||||
Notification of Issue, Conversion or Payment up of Unquoted | 5 / 10 |
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IOUpay Ltd. published this content on 08 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 February 2022 06:21:06 UTC.
