United Malt : Notification regarding unquoted securities - UMG

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

Announcement Summary

use only

Entity name

UNITED MALT GROUP LIMITED

Date of this announcement

Friday December 03, 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
UMGAA	PERFORMANCE RIGHTS	83,482	02/12/2021

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

UNITED MALT GROUP 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	140174189
1.3	ASX issuer code
UMG

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

3/12/2021

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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")

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

For personal use only

ASX +security code and description

UMGAA : PERFORMANCE RIGHTS

Date the +securities the subject of this notification were issued

2/12/2021

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? Yes

Provide details of the KMP or +associates being issued +securities.

Name of KMP		Name of registered holder	Number of +securities
			47,081
Mark Palmquist, MD & CEO		Mark Palmquist
			10,368
Amy Spanik, CFO		Amy Spanik
			7,777
Bryan Bechard, President W&D		Bryan Bechard
			3,538
Tiago Darocha, COO		Tiago Darocha

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

The terms of UMG's Employee Incentive Plan were released to the ASX Announcements Platform on 1 Sept 2020 (https:/./www.asx.com.au/asxpdf/20200901/pdf/44m6qd8wr9bqy7.pdf). The number of FY21 Deferred STI Rights issued to each participant was calculated by dividing their STI entitlement by the VWAP of UMG shares calculated over the consecutive trading day period from 18 to 24 Nov 2021 (inclusive), which equated to A$ 4.2173. Each Right is a right to receive a fully paid ordinary share in UMG, subject to service vesting conditions as follows:

• 50% of Rights will vest on the date the share trading window opens following the announcement of UMG's financial results for the financial year ending 30 Sept 2022;
• 50% of Rights will vest on the date the share trading window opens following the announcement of UMG's financial results for the financial year ending 30 Sept 2023.

Any other information the entity wishes to provide about the +securities the subject of this notification

These rights are issued under UMG's Employee Incentive Plan for the FY21 Deferred STI Offer.

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

Issue details

Number of +securities

83,482

For personal use only

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