VOLT POWER GROUP LIMITED Notification of Issue, Conversion or Payment up of Unquoted Equity SecuritiesAnnouncement Summary
Entity name
For personal use only
VOLT POWER GROUP LIMITED
Date of this announcement Tuesday April 12, 2022
The +securities the subject of this notification are:Other
Total number of +securities to be issued/transferredASX +securityTotal number of +securities to be
code | Security description | issued/transferred | Issue date |
New class - code | Options exercisable at $0.00402 expiring on 11 | 60,000,000 | 11/04/2022 |
to be confirmed | April 2024 | ||
New class - code | Options exercisable at $0.00429 expiring on 11 | 60,000,000 | 11/04/2022 |
to be confirmed | April 2025 | ||
New class - code | Options exercisable at $0.0045 expiring on 11 | 60,000,000 | 11/04/2022 |
to be confirmed | April 2026 |
Refer to next page for full details of the announcementNotification of Issue, Conversion or Payment up of Unquoted Equity Securities
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Notification of Issue, Conversion or Payment up of Unquoted Equity SecuritiesPart 1 - Entity and announcement details
For personal use only
1.1 Name of entity
VOLT POWER 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 ABN
1.3 ASX issuer code VPR
1.4 The announcement isNew announcement
1.5 Date of this announcement 12/4/2022
Registration number 62009423189
Notification of Issue, Conversion or Payment up of Unquoted Equity Securities
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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
For personal use only
Please specify
Please refer to Appendix 3B lodged on 11 April 2022
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 Equity Securities
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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
New +securities
ASX +security code
+Security description
New class - code to be confirmed
Options exercisable at $0.00402 expiring on 11 April 2024
+Security type
ISIN code
Options
Date the +securities the subject of this notification were issued 11/4/2022
Will all the +securities issued in this class rank equally in all respects from their issue date?
Yes
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.
https://www.asx.com.au/asxpdf/20220411/pdf/457x13w6m14rvp.pdf
Options Details
+Security currency | Exercise price | Expiry date |
AUD - Australian Dollar | AUD 0.00400000 | 11/4/2024 |
Details of the existing class of +security that will be issued upon exercise or conversion of this new class of company option
Other
Description
Fully Paid Ordinary Shares
Any other information the entity wishes to provide about the +securities the subject of this notification Exercise price of $0.00402
Notification of Issue, Conversion or Payment up of Unquoted Equity Securities
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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities
Please provide any further information needed to understand the circumstances in which you are notifying the issue of these +securities to ASX, including why the issue of the +securities has not been previously announced to the market in an Appendix 3B
Information provided in Appendix 3B lodged on 11 April 2022
For personal use only
Issue details
Number of +securities
60,000,000
Were the +securities issued for a cash consideration?
No
Please describe the consideration being provided for the +securities
Issued upon appointment of Non-Executive Director
Purpose of the issue
Other
Additional Details
Issued as incentive to newly appointed Non-Executive Director
New +securities
ASX +security code
+Security description
New class - code to be confirmed
Options exercisable at $0.00429 expiring on 11 April 2025
+Security type
ISIN code
Options
Date the +securities the subject of this notification were issued 11/4/2022
Will all the +securities issued in this class rank equally in all respects from their issue date?
Yes
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.
https://www.asx.com.au/asxpdf/20220411/pdf/457x13w6m14rvp.pdf
Notification of Issue, Conversion or Payment up of Unquoted Equity Securities
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Volt Power Group Ltd. published this content on 12 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 April 2022 02:40:05 UTC.
