Pilbara Minerals : Notification regarding unquoted securities - PLS

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

Announcement Summary

For personal use only

Entity name

PILBARA MINERALS LIMITED

Date of this announcement

Wednesday December 08, 2021

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
PLSAM	PERFORMANCE RIGHTS	18,696	02/12/2021
New class - code	FY22 Performance Rights expiring 31-Dec-2025	1,480,714	02/12/2021
to be confirmed
New class - code	FY22 Options expiring 31-Dec-2025 Ex $1.4041	994,776	02/12/2021
to be confirmed

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

PILBARA MINERALS 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	112425788
1.3	ASX issuer code
PLS

1. The announcement is New announcement
2. 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:

+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") does not have an existing ASX security code ("new 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

only	ASX +security code and description
	PLSAM : PERFORMANCE RIGHTS
	Date the +securities the subject of this notification were issued
	2/12/2021
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
personal	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
Pilbara Minerals Limited Employee Award Plan approved by shareholders at the AGM on 17 November 2020. Refer to
	Notice of Annual General Meeting released on 16 October 2020:
	https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02294754-6A1001485?access_token=8
	3ff96335c2d45a094df02a206a39ff4
	Any other information the entity wishes to provide about the +securities the subject of this notification
	Performance Rights issued to various employees who elected to receive a portion of their vested FY21 short-term
	incentives (STI) as Performance Rights in lieu of cash entitlements. Each Performance Right is subject to a 12 month
	service-based vesting condition and will automatically convert into one ordinary fully paid share in the Company on 31
	August 2022.
Issue details
For	Number of +securities
	18,696

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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

For personal use only

ASX +security code		+Security description
New class - code to be confirmed		FY22 Performance Rights expiring 31-Dec-2025
+Security type		ISIN code
Other

Date the +securities the subject of this notification were issued

2/12/2021

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? Yes

Provide details of the KMP or +associates being issued +securities.
Name of KMP		Name of registered holder	Number of +securities
			302,684
Ken Brinsden		Brinsden Holdings Pty Ltd <>
		Investment Trust>	102,556
Brian Lynn		Mr Brian Lynn
			102,556
Alex Eastwood		Mr Alexander Jeremy Eastwood + Mrs
		Elizabeth Christina Eastwood
			102,556
Dale Henderson		Mr Dale Henderson

Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being issued.

In accordance with Listing Rule 10.14, the issue of Performance Rights to MD Mr Brinsden pursuant to the Company's Employee Award Plan and Remuneration Framework for FY2022 was approved by shareholders at the Company's AGM on 16 November 2021.

Refer to Notice of Annual General Meeting approved by ASX and released on 15 October 2021: http://www.pilbaraminerals.com.au/site/PDF/422b48e0-fdea-44ba-9ba1-6cb874ba5c5f/2021NoticeofAnnualGeneralMeetingProxyFormPerformance Rights issued to other KMP and selected staff were issued on the same terms as those issued to the Managing Director.

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