Announcement Summary
Entity name
GREAT SOUTHERN MINING LIMITED
Date of this announcement Tuesday March 29, 2022
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 Options issued under the Company's | 3,750,000 | 28/03/2022 |
to be confirmed | approved long term incentive plan. |
Refer to next page for full details of the announcementPart 1 - Entity and announcement details
1.1 Name of entity
GREAT SOUTHERN MINING 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 GSN
1.4 The announcement isNew announcement
1.5 Date of this announcement 29/3/2022
Registration number 37148168825
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
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")
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
onlyFor personal use
ASX +security code
New class - code to be confirmed
+Security type Options
Date the +securities the subject of this notification were issued 28/3/2022
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?
Yes
Provide details of the KMP or +associates being issued +securities.
Name of KMP
M Petricevic (Company Secretary)
Have you received confirmation from ASX that the terms of the +securities are appropriate and equitable under listing rule 6.1?
Yes
Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being issued.
https://wcsecure.weblink.com.au/clients/gsml/headline.aspx?headlineid=6980764 Note: LTIP last approved at EGM held 3 July 2020.
Options Details
Name of registered holder
+Security description
ISIN code
Number of +securities
M Petricevic
1,500,000
+Security currency | Exercise price | Expiry date |
AUD - Australian Dollar | AUD 0.10000000 | 29/3/2027 |
Details of the existing class of +security that will be issued upon exercise or conversion of this new class of company option
Other
Description
GSN 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 above.
Any other information the entity wishes to provide about the +securities the subject of this notification Unlisted Options are being issued to the employees of the Company under the Company's approved LTIP. Refer to Attachment A to this Appendix.
Issue details
Number of +securities
3,750,000
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