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 |