Application for quotation of +securities

Announcement Summary

For personal use only

Entity name

SWICK MINING SERVICES LTD

Announcement Type

New announcement

Date of this announcement

Tuesday February 08, 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

SWK

ORDINARY FULLY PAID

934,303

08/02/2022

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

SWICK MINING SERVICES LTD

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

20112917905

1.3

ASX issuer code

SWK

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

8/2/2022

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

SWKAC : PERFORMANCE RIGHTS

TO (Existing Class)

ASX +security code and description

SWK : 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

934,303

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

The performance rights were issued pursuant to the Swick Performance Rights Plan last approved by shareholders on 14 November 2014. Refer to notice of meeting at: https://www.asx.com.au/asxpdf/20141009/pdf/42sscsmtdmb64t.pdf

Are any of these +securities being 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

638,126

Jitu Bhudia

Jitu Bhudia

Issue date 8/2/2022

Will the +securities to be quoted rank equally in all respects from their issue date with the existing issued +securities in that class?

Yes

Application for quotation of +securities

4 / 7

Application for quotation of +securities

Issue details

For personal use only

Number of +securities to be quoted

934,303

Are the +securities being issued for a cash consideration?

No

Please describe the consideration being provided for the +securities

Shares issued for nil cash consideration upon the vesting and conversion of performance rights into ordinary fully paid shares.

Please provide an estimate (in AUD) of the value of the consideration being provided per +security for the +securities to be quoted

0.300000

Any other information the entity wishes to provide about the +securities to be quoted

Application for quotation of +securities

5 / 7

This is an excerpt of the original content. To continue reading it, access the original document here.

Attachments

  • Original Link
  • Original Document
  • Permalink

Disclaimer

Swick Mining Services 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 01:20:01 UTC.