Note *Information based on substantial shareholder notices provided to the Company.
Type of securities
437,000 Short Term Performance Rights (STI) were issued on 12 October 2021 to various employees under the Company’s Performance Rights Plan. All STI’s are subject to the employees remaining in employment with the Company on the vesting date of12 October 2022.
Persons holding 20% or more;
1,500,000 Long Term Incentive (LTI) Performance Rights were granted to Raul Villanueva on 7 July 2021 and were approved by shareholders on 24 June 2021. The LTI’s which will vest on 1 January 2024 are subject to performance hurdles and require the employee to remain in employment with the Company till vesting date.
350,000 Long Term Incentive (LTI) Performance Rights were granted to Patrick Warr (CFO)on 4 June 2021. The LTI’s are subject to performance hurdles and will vest on 1 January 2024.
3,730,000 Long Term Incentive (LTI) performance rights were granted on 13 March 2020. All LTI’s are subject to the satisfaction of remaining as employees and any adjustments in accordance with the rules of the Executive incentive Plan. The LTIs will automatically vest on 13 March 2023.