Straker Translations : Notification regarding unquoted securities - STG

Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

Announcement Summary

For personal use only

Entity name

STRAKER TRANSLATIONS LIMITED

Date of this announcement

Monday June 06, 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
STGAB	OPTION EXPIRING VARIOUS DATES EX	697,800	01/06/2022
	VARIOUS PRICES

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

STRAKER TRANSLATIONS 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
ARBN	628707399
1.3	ASX issuer code
STG

1. The announcement is New announcement
2. Date of this announcement

6/6/2022

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

For personal use only

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:

has an existing ASX security code ("existing class")

Notification of Issue, Conversion or Payment up of Unquoted

3 / 7

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

Additional +securities in an existing class issued under an +employee incentive scheme

ASX +security code and description

STGAB : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES

Date the +securities the subject of this notification were issued

1/6/2022

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
			56,400
David Sowerby		David Sowerby
			47,500
David Ingram		David Ingram
			43,500
Indiver Nagpal		Indiver Nagpal
			30,400
Kim Andrews		Kim Andrews

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.asx.com.au/asxpdf/20181019/pdf/43zdynb5g96lk7.pdf

Any other information the entity wishes to provide about the +securities the subject of this notification

Straker Translations Directors have authorised the Company to issue 697,800 options under the 2020 LTI Employee Share Option Plan to employees listed in a resolution for the exercise price of $A1.15. Options for Business Unit Managers while allocated will only be earned upon sucessful completion of agreed performance hurdles.

Notification of Issue, Conversion or Payment up of Unquoted

4 / 7

Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

Issue details

Number of +securities

697,800

For personal use only

Notification of Issue, Conversion or Payment up of Unquoted

5 / 7