Change to unquoted securities – cancellation of performance rights

By February 21, 2018 2018, ASX Announcements

Wednesday, 21 February 2017 – Sydney – Infomedia Ltd has today cancelled the following unquoted performance rights pursuant to the terms of the Company’s Performance Right and Option Plan Rules:

Class Issue Date Quantity Cancelled
2015 Performance Rights 13 October 2015 26,000
2016 Performance Rights 8 August 2016 100,000
2017 Performance Rights 4 October 2017 127,027
Total 253,027

Following cancellation of the unquoted performance rights, the following balances of unquoted Performance Rights and Options remain outstanding

Number Description
529,000 Performance Rights issued 13 October 2015 with testing dates of 1 October 2016, 1 October 2017 and 1 October 2018
536,766 Performance Rights issued 8 August 2016 with a testing date of 1 October 2019
1,042,988 Performance Rights issued 4 October 2017 with a testing date of 1 October 2020
1,449,580 Performance Rights issued 8 August 2016 with testing events based on FY17, FY18 and FY19 financial results
5,750,000 Options issued 8 August 2016 with an exercise price of 92.2 cents, exercisable after the release of the Company’s FY 19 results with an expiry date of 30 June 2020