Rule 2.7, 3.10.3, 3.10.4, 3.10.5
New issue announcement, application for quotation of additional securities and agreementInformation or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX's property and may be made public.
Introduced 01/07/96 Origin: Appendix 5 Amended 01/07/98, 01/09/99, 01/07/00, 30/09/01, 11/03/02, 01/01/03, 24/10/05, 01/08/12, 04/03/13
Name of entity
Senetas Corporation Limited
ABN
33 006 067 607
We (the entity) give ASX the following information.
Part 1 - All issuesYou must complete the relevant sections (attach sheets if there is not enough space).
Issue of Unlisted Performance Rights
1 +Class of +securities issued or to be issued
35,000
Number of +securities issued or to be issued (if known) or maximum number which may be issued
The Performance Rights were issued pursuant to the Senetas Employee Share Option Plan and are divided equally into two tranches, each with an individual Performance Condition. The Tranches and Performance Conditions are:
Tranche 1 - 50% of the Performance Rights will vest upon achievement of performance targets set by the Board. There is no vesting scale associated with this Performance Condition; and
Tranche 2 - 50% of the Performance Rights will vest upon 12 months of continued service.
Principal terms of the +securities
(e.g. if options, exercise price and expiry date; if partly paid +securities,
the amount outstanding and due dates for payment; if +convertible securities, the conversion price and dates for conversion)
Shares allocated upon vesting of the Performance Rights will rank equally with all existing listed Ordinary shares.
Do the +securities rank equally in all respects from the +issue date with an existing +class of quoted +securities?
If the additional +securities do not rank equally, please state:
the date from which they do
the extent to which they participate for the next dividend, (in the case of a trust, distribution) or interest payment
the extent to which they do not rank equally, other than in relation to the next dividend, distribution or interest payment
Nil.
Issue price or consideration
An issue of Unlisted Performance Rights under the Senetas Employee Share Option Plan.
Purpose of the issue
Number and +class of all +securities quoted on ASX (including the
+securities in section 2 if applicable)
Number
+Class
1,600,000
Unlisted Performance Rights (Unvested)
Number and +class of all
+securities not quoted on ASX (including the +securities in section
2 if applicable)
No change
Dividend policy (in the case of a trust, distribution policy) on the increased capital (interests)
Part 2 - Pro rata issueN/A
Is security holder approvalrequired?
N/A
Is the issue renounceable or non-renounceable?
N/A
Ratio in which the +securities will be offered
Will holdings on different registers (or subregisters) be aggregated for calculating entitlements?
N/A
Policy for deciding entitlements in relation to fractions
N/A
Names of countries in which the entity has security holders who will not be sent new offer documents
Note: Security holders must be told how their entitlements are to be dealt with.
Cross reference: rule 7.7.
N/A
Closing date for receipt of acceptances or renunciations
N/A
Names of anyunderwriters
N/A
Amount of any underwriting fee or commission
N/A
Names of any brokers to theissue
N/A
Fee or commission payable to the broker to the issue
N/A
Amount of any handling fee payable to brokers who lodge acceptances or renunciations on behalf of security holders
The Performance Rights in relation to each Performance Condition will lapse if the Performance Condition is not satisfied.
(If issued as consideration for the acquisition of assets, clearly identify those assets)
No
6a Is the entity an +eligible entity that has obtained security holder approval under rule 7.1A?
If Yes, complete sections 6b - 6h in relation to the +securities the subject of this Appendix 3B, and comply with section 6i
N/A
6b The date the security holder resolution under rule 7.1A was passed
N/A
6c Number of +securities issued without security holder approval under rule 7.1
N/A
6d Number of +securities issued with security holder approval under rule 7.1A
N/A
6e Number of +securities issued with security holder approval under rule 7.3, or another specific security holder approval (specify date of meeting)
N/A
6f Number of +securities issued under an exception in rule 7.2
+ See chapter 19 for defined terms.
Appendix 3B Page 2 04/03/2013
N/A
6g If +securities issued under rule 7.1A, was issue price at least 75% of 15 day
VWAP as calculated under rule
7.1A.3? Include the +issue date and both values. Include the source of the VWAP calculation.
N/A
6h If +securities were issued under rule 7.1A for non-cash consideration, state date on which valuation of consideration was released to ASX Market Announcements
N/A
6i Calculate the entity's remaining issue capacity under rule 7.1 and rule 7.1A - complete Annexure 1 and release to ASX Market Announcements
18 April 2017
7 +Issue dates
Note: The issue date may be prescribed by ASX (refer to the definition of issue date in rule 19.12). For example, the issue date for a pro rata entitlement issue must comply with the applicable timetable in Appendix 7A.
Cross reference: item 33 of Appendix 3B.
Number | +Class |
1,080,956,948 (quoted) | Fully paid Ordinary Shares |
N/A
14 +Class of +securities to which the offer relates
N/A
15 +Record date to determine entitlements
N/A
+ See chapter 19 for defined terms.
Appendix 3B Page 4 04/03/2013