Notification of Issue, Conversion or Payment up of Unquoted Equity Securities
Announcement Summary
For personal use only
Entity name
SINGULAR HEALTH GROUP LTD
Date of this announcement
Monday December 20, 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 |
New class - code | Unlisted Option ($0.30, expiring 20/12/2025) | 2,270,000 | 20/12/2021 |
to be confirmed |
Refer to next page for full details of the announcement
Notification of Issue, Conversion or Payment up of Unquoted | 1 / 7 |
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
SINGULAR HEALTH GROUP LTD
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 | 58639242765 | |
1.3 | ASX issuer code | |
SHG |
- The announcement is New announcement
- Date of this announcement
20/12/2021
Notification of Issue, Conversion or Payment up of Unquoted | 2 / 7 |
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 / 7 |
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 | Unlisted Option ($0.30, expiring 20/12/2025) | |||||
+Security type | ISIN code | |||||
Options | ||||||
use | Date the +securities the subject of this notification were issued | |||||
20/12/2021 | ||||||
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? | ||||||
personal | Yes | |||||
Provide details of the KMP or +associates being issued +securities. | ||||||
Name of KMP | Name of registered holder | Number of +securities | ||||
400,000 | ||||||
James Hill | Reenergise Australia Pty Ltd ATF JRH | |||||
F/T | 500,000 | |||||
Thomas Morrell | Thomas Morrell | |||||
Have you received confirmation from ASX that the terms of the +securities are appropriate and equitable under | ||||||
listing rule 6.1? | ||||||
No | ||||||
Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being | ||||||
issued. | ||||||
The unlisted incentive options are exercisable at $0.30 each and expire 20/12/2025. They were issued under the | ||||||
For | Employee Incentive Plan that is summarised in the Notice of Meeting available here: | |||||
https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02438394-6A1057029?access_token=8 | ||||||
3ff96335c2d45a094df02a206a39ff4 | ||||||
Options Details | ||||||
+Security currency | Exercise price | Expiry date | ||||
AUD - Australian Dollar | AUD 0.30000000 | 16/12/2025 |
Notification of Issue, Conversion or Payment up of Unquoted | 4 / 7 |
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 | Fully Paid Ordinary Shares | ||
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 | |||
Refer to Notice of Meeting lodged 20 October 2021 for material terms: | |||
https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02438394-6A1057029?access_token=8 | |||
3ff96335c2d45a094df02a206a39ff4 | |||
use | Any other information the entity wishes to provide about the +securities the subject of this notification | ||
The incentive options have been offered to key technical and operational staff to align their interests with shareholders, to | |||
motivate and incentivise performance, and assist with retention of key staff. The options are subject to a continuous | |||
employment vesting period, vesting either 1 June 2023, or 24 months from their relevant start date. | |||
Issue details | |||
personalFor | Number of +securities | ||
2,270,000 | |||
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Singular Health Group Ltd. published this content on 20 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 December 2021 05:39:03 UTC.