Rule 2.7, 3.10.3, 3.10.4, 3.10.5
New issue announcement, application for quotation of additional securities and agreementInformation or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX's property and may be made public.
Introduced 01/07/96 Origin: Appendix 5 Amended 01/07/98, 01/09/99, 01/07/00, 30/09/01, 11/03/02, 01/01/03, 24/10/05, 01/08/12, 04/03/13
Name of entity
Melbana Energy Limited
ABN
43 066 447 952
We (the entity) give ASX the following information.
Part 1 - All issuesYou must complete the relevant sections (attach sheets if there is not enough space).
27 September 2020 Unlisted Options
1 +Class of +securities issued or to be issued
9,250,000
Number of +securities issued or to be issued (if known) or maximum number which may be issued
Issue of 9,250,000 27 September 2020 unlisted options over fully paid shares exercisable at 3.2 cents each on or before 27 September 2020.
Performance Conditions50% of the Options vest and become exercisable for Melbana employees after 12 months continuous service ending 27 March 2018 and 50% vest after 24 months continuous service ending 27 March 2019 (Service Period).
If the Performance Conditions are met, employees have until 27 September 2020 to exercise the Options.
Principal terms of the +securities (e.g. if options, exercise price and expiry date; if partly paid
+securities, the amount outstanding
and due dates for payment; if
+convertible securities, the conversion price and dates for conversion)
+ See chapter 19 for defined terms.
04/03/2013 Appendix 3B Page 1
No
Shares issued as a result of exercise of options will rank equally in all respects with the fully paid ordinary shares on issue at the time of exercise.
Do the +securities rank equally in all respects from the +issue date with an existing +class of quoted
+securities?
If the additional +securities do not rank equally, please state:
the date from which they do
the extent to which they participate for the next dividend, (in the case of a trust, distribution) or interest payment
the extent to which they do not rank equally, other than in relation to the next dividend, distribution or interest payment
Nil
Issue price or consideration
Issued to employees of the Company under the Melbana Long Term Incentive Plan as part of the 2017 remuneration arrangements.
Purpose of the issue
(If issued as consideration for the acquisition of assets, clearly identify those assets)
Yes
6a Is the entity an +eligible entity that has obtained security holder approval under rule 7.1A?
If Yes, complete sections 6b - 6h in relation to the +securities the subject of this Appendix 3B, and comply with section 6i
3 November 2016
6b The date the security holder resolution under rule 7.1A was passed
Nil
6c Number of +securities issued without security holder approval under rule 7.1
Nil
6d Number of +securities issued with security holder approval under rule 7.1A
4,000,000 unlisted options issued pursuant to shareholder approval at the 2016 Annual General Meeting held on 3rd November 2016.
6e Number of +securities issued with security holder approval under rule 7.3, or another specific security holder approval (specify date of meeting)
Nil
6f Number of +securities issued under an exception in rule 7.2
N/A
6g If +securities issued under rule 7.1A, was issue price at least 75% of 15 day VWAP as calculated under rule 7.1A.3? Include the
+issue date and both values.
Include the source of the VWAP calculation.
N/A
6h If +securities were issued under rule 7.1A for non-cash consideration, state date on which valuation of consideration was released to ASX Market Announcements
7.1 142,986,583
7.1A 95,324,389
6i Calculate the entity's remaining issue capacity under rule 7.1 and rule 7.1A - complete Annexure 1 and release to ASX Market Announcements
28 March 2017
7 +Issue dates
Note: The issue date may be prescribed by ASX (refer to the definition of issue date in rule 19.12). For example, the issue date for a pro rata entitlement issue must comply with the applicable timetable in Appendix 7A.
Cross reference: item 33 of Appendix 3B.
Number | +Class |
953,243,886 | Ordinary Shares |
8 Number and +class of all
+securities quoted on ASX (including the +securities in section 2 if applicable)
+ See chapter 19 for defined terms.
04/03/2013 Appendix 3B Page 3
Number | +Class |
5,333,333 | Exercisable Share |
Performance Rights | |
expiring 29 November | |
2018 | |
20,940,032 | Exercisable Share |
Performance Rights | |
expiring 31 January | |
2019 | |
4,000,000 | 3/11/2019 Options |
Exercise Price $0.065 | |
9,250,000 | 27/9/2020 Options |
Exercise Price $0.032 |
Number and +class of all
+securities not quoted on ASX (including the +securities in section 2 if applicable)
No dividends will be paid in the foreseeable future.
Dividend policy (in the case of a trust, distribution policy) on the increased capital (interests)
Part 2 - Pro rata issueIs security holder approval required?
Is the issue renounceable or non- renounceable?
Ratio in which the +securities will be offered
14 +Class of +securities to which the offer relates
15 +Record date to determine entitlements
Will holdings on different registers (or subregisters) be aggregated for calculating entitlements?
Policy for deciding entitlements in relation to fractions
Names of countries in which the entity has security holders who will not be sent new offer documents
Note: Security holders must be told how their entitlements are to be dealt with.
Cross reference: rule 7.7.
Melbana Energy Limited published this content on 28 March 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 27 March 2017 23:44:11 UTC.
Original documenthttp://www.melbana.com/irm/PDF/2208_0/Appendix3BNewissueannouncement
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