Notification of Issue, Conversion or Payment up of Unquoted Equity Securities
Announcement Summary
For personal use only
Entity name
PILOT ENERGY LIMITED
Date of this announcement
Wednesday March 16, 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 over issued shares in PGY | 17,500,000 | 18/03/2022 |
to be confirmed |
Refer to next page for full details of the announcement
Notification of Issue, Conversion or Payment up of Unquoted | 1 / 7 |
Notification of Issue, Conversion or Payment up of Unquoted Equity Securities
Part 1 - Entity and announcement details
For personal use only
1.1 Name of entity
PILOT ENERGY 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 | Registration number |
ABN | 86115229984 | |
1.3 | ASX issuer code | |
PGY |
- The announcement is New announcement
- Date of this announcement
16/3/2022
Notification of Issue, Conversion or Payment up of Unquoted | 2 / 7 |
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:
does not have an existing ASX security code ("new class")
Notification of Issue, Conversion or Payment up of Unquoted | 3 / 7 |
Notification of Issue, Conversion or Payment up of Unquoted Equity Securities
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
For personal use only
ASX +security code | +Security description | |
New class - code to be confirmed | Unlisted options over issued shares in PGY | |
+Security type | ISIN code | |
Options |
Date the +securities the subject of this notification were issued
18/3/2022
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 | Name of registered holder | Number of +securities | |
3,500,000 | |||
Bradley Lingo | Same | ||
3,500,000 | |||
Tony Strasser | Mandaton Holdings Pty Ltd atf GADZ | ||
Investment Trust | 2,000,000 | ||
Bruce Gordon | PAD Pty Ltd atf Gordon Super Fund | ||
2,000,000 | |||
Daniel Chen | DVAC Holding Pty Ltd atf The Chen & | ||
Wang Family Trust | 3,000,000 | ||
Nick Watson | Watson No 1 Pty Ltd atf Watson No 1 | ||
Trust | 2,000,000 | ||
Cate Friedlander | Darren Friedlander | ||
1,500,000 | |||
Violetta Gerikh | Same | ||
Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being issued.
https://www.pilotenergy.com.au/sites/pilotenergy.com.au/files/asx-announcements/61073467.pdf(see explanatory notes for resolutions 6-9and 10)
Notification of Issue, Conversion or Payment up of Unquoted | 4 / 7 |
Notification of Issue, Conversion or Payment up of Unquoted Equity Securities
Options Details | |||||
+Security currency | Exercise price | Expiry date | |||
AUD - Australian Dollar | AUD 0.10000000 | 28/2/2025 | |||
only | Details of the existing class of +security that will be issued upon exercise or conversion of this new class of | ||||
company option | |||||
Other | |||||
Description | |||||
one fully paid ordinary share (ASX:PGY) | |||||
use | 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 | |||||
https://www.pilotenergy.com.au/sites/pilotenergy.com.au/files/asx-announcements/61006407.pdf(see explanatory note for | |||||
resolution 9) | |||||
https://www.pilotenergy.com.au/sites/pilotenergy.com.au/files/asx-announcements/61073467.pdf(see explanatory note for | |||||
resolution 10) | |||||
Any other information the entity wishes to provide about the +securities the subject of this notification | |||||
personalFor | These options have been issued to the Directors of PGY (or their associates) pursuant to the 2020 Employee Incentive | ||||
Scheme approved by shareholders at the 10 December 2020 AGM and the options issued to Nick Watson, Cate | |||||
Friedlander and Violetta Gerikh (or their associates) have been issued pursuant to the Employee Incentive Scheme | |||||
approved by shareholders at the AGM held on 28 February 2022. | |||||
Issue details | |||||
Number of +securities | |||||
17,500,000 | |||||
Notification of Issue, Conversion or Payment up of Unquoted | 5 / 7 |
This is an excerpt of the original content. To continue reading it, access the original document here.
Attachments
- Original Link
- Original Document
- Permalink
Disclaimer
Pilot Energy Limited published this content on 16 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 March 2022 06:17:07 UTC.