Notification regarding unquoted securities - XF1
Released
Released
Announcement PDF
Notification of Issue, Conversion or Payment up of Unquoted Equity Securities
Announcement Summary
Entity name
XREF LIMITED
Date of this announcement
Friday December 03, 2021
The +securities the subject of this notification are:
Other
Total number of +securities to be issued/transferred
ASX +security
code
New class - code
to be confirmed
Security description
Options
Refer to next page for full details of the announcement
Notification of Issue, Conversion or Payment up of Unquoted
Equity Securities
1/7
Total number of
+securities to be
issued/transferred
Issue date
2,700,000
03/12/2021
Notification of Issue, Conversion or Payment up of Unquoted Equity Securities
Part 1 - Entity and announcement details
1.1 Name of entity
XREF 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
34122404666
1.3 ASX issuer code
XF1
1.4 The announcement is
New announcement
1.5 Date of this announcement
3/12/2021
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
Please specify
Options issued to 3 Directors approved at Xref Annual General Meeting held on 26 November 2021
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
Equity Securities
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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
New +securities
ASX +security code
+Security description
New class - code to be confirmed
Options
+Security type
ISIN code
Options
Date the +securities the subject of this notification were issued
3/12/2021
Will all the +securities issued in this class rank equally in all respects from their issue date?
Yes
Have you received confirmation from ASX that the terms of the +securities are appropriate and equitable under
listing rule 6.1?
Yes
Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being
issued.
https://www.asx.com.au/asxpdf/20211026/pdf/4523lkp7d1h7yb.pdf
Options Details
+Security currency
Exercise price
Expiry date
AUD - Australian Dollar
AUD 0.54000000
17/11/2024
Details of the existing class of +security that will be issued upon exercise or conversion of this new class of
company option
Other
Description
Fully Paid Ordinary Shares
Any other information the entity wishes to provide about the +securities the subject of this notification
2,700,000 options with an exercise price of $0.54 and expiry date of 17 November 2024
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
Please provide any further information needed to understand the circumstances in which you are notifying the
issue of these +securities to ASX, including why the issue of the +securities has not been previously announced to
the market in an Appendix 3B
Options issued following shareholder approval at AGM.
Issue details
Number of +securities
2,700,000
Were the +securities issued for a cash consideration?
No
Please describe the consideration being provided for the +securities
Options granted as a key component of Director remuneration to retain services and provide incentive linked to the
performance of the Company.
Purpose of the issue
To pay for services rendered
Additional Details
Notification of Issue, Conversion or Payment up of Unquoted
Equity Securities
5/7
Notification of Issue, Conversion or Payment up of Unquoted Equity Securities
Part 4 - +Securities on issue
Following the issue, conversion or payment up of the +securities the subject of this application, the +securities of
the entity will comprise:
(A discrepancy in these figures compared to your own may be due to a matter of timing if there is more than one
application for quotation/issuance currently with ASX for processing.)
4.1 Quoted +Securities (Total number of each +class of +securities quoted)
Total number of
+securities on issue
ASX +security code and description
XF1 : ORDINARY FULLY PAID
182,309,247
4.2 Unquoted +Securities (Total number of each +class of +securities issued but not quoted on ASX)
Total number of
+securities on issue
ASX +security code and description
XF1AO : OPTION EXPIRING 01-MAY-2024 EX $0.35
107,143
XF1AD : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES
18,068,889
XF1AN : WARRANTS
14,285,714
XF1AG : OPTION EXPIRING 15-JAN-2024 EX 18C
4,000,000
New class - code to be confirmed : Options
2,700,000
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 5 - Other Listing Rule requirements
5.1 Were the +securities issued under an exception in Listing Rule 7.2 and therefore the issue
did not need any security holder approval under Listing Rule 7.1?
No
5.2 Has the entity obtained, or is it obtaining, +security holder approval for the issue under
listing rule 7.1?
Yes
5.2a Date of meeting or proposed meeting to approve the issue under listing rule 7.1
26/11/2021
Notification of Issue, Conversion or Payment up of Unquoted
Equity Securities
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