New issue announcement, application for quotation of additional securities
and agreement
Information 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.
We (the entity) give ASX the following information.
Part 1 - All issues
You must complete the relevant sections (attach sheets if there is not enough space).
1
+Class of +securities issued or to be issued
Fully Paid Ordinary Shares (PEA)
2
Number of +securities issued or to be issued (if known) or maximum number which may be issued
200,000 Ordinary Shares
60,892 Ordinary Shares
3
Principal terms of the +securities (eg, 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)
Fully Paid Ordinary Shares on the same terms as those currently on issue.
Shares issued to the Trustee of the Pacific Energy Ltd Employee Share Trust
4
Do the +securities rank equally in all respects from the date of allotment 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
Yes
5
Issue price or consideration
200,000 Ordinary shares issued at
60,892 Ordinary shares issued at nil consideration
$0.60 per share
6
Purpose of the issue
(If issued as consideration for the acquisition of assets, clearly identify those assets)
Ordinary Shares issued upon the exercise of unlisted options expiring 30 June 2017.
Shares being issued to the Trustee in anticipation of future performance rights being exercised
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
No
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
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
N/A
7
Dates of entering +securities into uncertificated holdings or despatch of certificates
29 May 2017
Number
+Class
8
Number and +class of all
+securities quoted on ASX (including the securities in section 2 if applicable)
371,788,117
Ordinary Shares (PEA)
Number
+Class
7,000,000
1,000,000
2,000,000
2,000,000
1,000,000
1,000,000
76,690
Unquoted Options
(PEAAI)
As follows:
@$0.55 expiry 2/6/2020
@$0.60 expiry 2/6/2020
@$0.65 expiry 2/6/2020
@$0.80 expiry 31/3/2021
@$0.80 expiry 31/3/2022
Unquoted fully vested Performance Rights (shares have been allocated to the Employee Share Trust in anticipation of future
exercises)
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 - Bonus issue or pro rata issue
11
Is security holder approval required?
N/A
12
Is the issue renounceable or non- renounceable?
N/A
13
Ratio in which the +securities will be offered
N/A
14
+Class of +securities to which the offer relates
N/A
15
+Record date to determine entitlements
N/A
16
Will holdings on different registers (or subregisters) be aggregated for calculating entitlements?
N/A
17
Policy for deciding entitlements in relation to fractions
N/A
Pacific Energy Limited published this content on 29 May 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 29 May 2017 07:24:09 UTC.
Original documenthttp://www.pacificenergy.com.au/images/files/asx-announcements/2017/20170529Appendix3B.pdf
Public permalinkhttp://www.publicnow.com/view/CFCFCB7B76236EDC169F9731FE61461D853A7876
Pacific Energy Limited invests in power generation and related infrastructure. The Company operates two electricity generation businesses: Kalgoorlie Power Systems (KPS), which includes the generation of electricity by diesel, gas and dual fuelled generators located at a range of mine sites across Western Australia, Northern Territory and Southern Australia with a total contracted generation capacity of approximately 230 Mega Watts (MW), and Pacific Energy Victorian Hydro, which includes the generation of electricity from approximately two hydro power stations in Victoria with a combined capacity of over six MW. Its segments include KPS Power Generation and Other. It is engaged in the management, operation and development of electricity generation facilities. The Company's subsidiaries are Pacific Energy (Victorian Hydro) Pty Ltd, Pacific Energy (KPS) Pty Ltd, Waste Heat Recovery Systems Pty Ltd and KPS Power Africa (Pty) Ltd.