Paragon Care : Notification regarding unquoted securities - PGC

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

Announcement Summary

use only

Entity name

PARAGON CARE LIMITED

Date of this announcement

Wednesday March 09, 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
PGCAA	PERFORMANCE RIGHTS	298,568	08/03/2022

For personal

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

PARAGON CARE 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	76064551426
1.3	ASX issuer code
PGC

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

9/3/2022

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:

has an existing ASX security code ("existing 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 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	ASX +security code and description
	PGCAA : PERFORMANCE RIGHTS
	Date the +securities the subject of this notification were issued
	8/3/2022
use	Will these +securities rank equally in all respects from their issue date with the existing issued
+securities in that class
Yes
	Were any of the +securities issued to +key management personnel (KMP) or an +associate?
	No
	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/2995-02036364-3A503534?access_token=83
	ff96335c2d45a094df02a206a39ff4
	Any other information the entity wishes to provide about the +securities the subject of this notification
	Expire on 30 Sep 2024 and vest subject to continuous employment and achievement of set performance hurdles:
	- 1/3 vest subject to a min. share price of 45c achieved in FY22 (calculated on a 14-day VWAP)
personal	- 1/3 vest subject to a min. share price of 55c achieved in FY23 (calculated on a 14-day VWAP)
- 1/3 vest subject to a min. share price of 65c achieved in FY24 (calculated on a 14-day VWAP)
In the event the performance hurdles are not achieved in the year of entitlement but are subsequently achieved (by no
	later than 30 September 2024), the Rights vest within a period specified by the board.
Issue details
For	Number of +securities
	298,568

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 4 - +Securities on issue

For personal use only

Following the issue, conversion or payment up of the +securities the subject of this application, the +securities of the entity will comprise:

(A discrepancy in these figures compared to your own may be due to a matter of timing if there is more than one application for quotation/issuance currently with ASX for processing.)

4.1 Quoted +Securities (Total number of each +class of +securities quoted)
	Total number of
ASX +security code and description	+securities on issue
PGC : ORDINARY FULLY PAID	632,373,108

4.2 Unquoted +Securities (Total number of each +class of +securities issued but not quoted on ASX)

	Total number of
ASX +security code and description	+securities on issue
PGCAA : PERFORMANCE RIGHTS	11,713,075

Notification of Issue, Conversion or Payment up of Unquoted

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