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 |
- The announcement is New announcement
- 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 |
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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.