Notification of Issue, Conversion or Payment up of Unquoted Equity SecuritiesAnnouncement Summary
For personal use only
Entity name BAPCOR LIMITED
Date of this announcement Wednesday April 13, 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 |
BAPAI | PERFORMANCE RIGHT | 27,040 | 11/04/2022 |
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 BAPCOR 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 BAP
1.4 The announcement isNew announcement
1.5 Date of this announcement 13/4/2022
Registration number 80153199912
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 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 Equity Securities
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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
BAPAI : PERFORMANCE RIGHT
Date the +securities the subject of this notification were issued 11/4/2022
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
Noel Meehan
Noel Meehan
27,040
Please provide a URL link for a document lodged with ASX detailing the terms of the +employee incentive scheme or a summary of the termshttps://www.bapcor.com.au/Reports/210920_Notice_of_Meeting_and_Proxy_Forms_20_September_2021_FINAL.pdf
Any other information the entity wishes to provide about the +securities the subject of this notification
As announced by the Company on 8 February 2022, Mr Noel Meehan (previously CFO) was appointed as CEO of Bapcor, effective from 8 February 2022. As CEO, Mr Meehan is entitled to receive an LTI for FY22 equivalent to 100% of his total fixed remuneration, pro-rated for the period between 8 February 2022 and 30 June 2022.
Further, Mr Meehan's FY22 LTI entitlement for his role as CFO has now been pro-rated for the period between 1 Jul 2021 and 7 Feb 2022 (noting that Bapcor has already issued Mr Meehan with Performance Rights in connection with his role as CFO for the full FY22 period). The number of Performance Rights which Mr Meehan is entitled to receive for FY22 has been adjusted to reflect the above matters, with the net result that Bapcor has issued an additional 27,040 Performance Rights to Mr Meehan in relation to FY22 .
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
Issue details
Number of +securities
27,040
For personal use only
Notification of Issue, Conversion or Payment up of Unquoted Equity Securities
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Bapcor Ltd. published this content on 13 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 April 2022 06:34:01 UTC.