Announcement Summary
Entity name
NOVATTI GROUP LIMITED
Date of this announcement Tuesday April 19, 2022
The +securities the subject of this notification are:
+Securities issued under an +employee incentive scheme that are subject to a restriction on transfer and are not being quoted on ASX until the restriction ends
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 exercisable at $0.35 and expiring | 2,575,000 | 19/04/2022 |
to be confirmed | 19 April 2025 |
Refer to next page for full details of the announcementPart 1 - Entity and announcement details
1.1 Name of entity NOVATTI 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 NOV
1.4 The announcement isNew announcement
1.5 Date of this announcement 19/4/2022
Registration number 98606556183
Part 2 - Issue details
2.1 The +securities the subject of this notification are:
+Securities issued under an +employee incentive scheme that are subject to a restriction on transfer and are not being quoted on ASX until the restriction ends
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
New +securities issued under an +employee incentive schemeASX +security code
New class - code to be confirmed
+Security type Options
Date the +securities the subject of this notification were issued 19/4/2022
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
Alan MundaySteven Stamboultgis
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. chrome-extension://efaidnbmnnnibpcajpcglclefindmkaj/viewer.html?pdfurl=https%3A%2F%2Fwww.asx.com.au%2Fasxpdf %2F20210720%2Fpdf%2F44yg4q0fjs7db2.pdf&clen=798094&chunk=true
Options Details
Name of registered holder
+Security description
ISIN code
Number of +securities
Alan Munday 500,000
Mary Stamboultgis 250,000
+Security currency | Exercise price | Expiry date |
AUD - Australian Dollar | AUD 0.35000000 | 19/4/2025 |
Details of the existing class of +security that will be issued upon exercise or conversion of this new class of company option
Other
Description
NOV
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 chrome-extension://efaidnbmnnnibpcajpcglclefindmkaj/viewer.html?pdfurl=https%3A%2F%2Fwww.asx.com.au%2Fasxpdf %2F20210720%2Fpdf%2F44yg4q0fjs7db2.pdf&clen=798094&chunk=true
Any other information the entity wishes to provide about the +securities the subject of this notification
Issue details
Number of +securities
2,575,000
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