For immediate release - 10 August 2016
Ref. #053/16
ASX Ltd
Companies Announcement Office Electronic Lodgement System
LAPSE OF EXECUTIVE INCENTIVE RIGHTSBeach Energy advises that certain executive incentive rights detailed below have lapsed pursuant to their terms of issue without exercise:
189,792 2013 Long Term Incentive Rights;
278,316 2014 Long Term Incentive Rights; and
545,541 2015 Long Term Incentive Rights
The issued capital following the lapse of the executive incentive rights is set out below:
1,860,782,112 | Fully Paid Ordinary shares |
2013 Rights 351,878 | Unlisted Rights |
2014 Rights 887,272 | Unlisted Rights |
2015 Rights 2,554,586 | Unlisted Rights |
CEO Rights 565,956 | Unlisted Rights |
CEO Rights 414,547 | Unlisted Rights |
Yours sincerely,
Cathy OsterCompany Secretary
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Beach Energy Limited published this content on 10 August 2016 and is solely responsible for the information contained herein.
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