Microsoft Word - CS210116.docx



21 January 2016


Company Announcements Office ASX Limited

Via Electronic Lodgement


Dear Sirs


Grant of Performance Rights


The Company has today granted 1,175,074 Performance Rights to an eligible employee pursuant to their employment agreement. The Performance Rights may vest on 30 June 2017 or 31 December 2017 on the satisfaction of certain performance conditions, based on the Company's total shareholder return performance and percentile ranking relative to comparator companies.


The Company has also issued 49,274 ordinary shares following the vesting of existing employee Performance Rights.


An Appendix 3B follows. Yours faithfully


Jason Carone

COMPANY SECRETARY


Appendix 3B New issue announcement



Appendix 3B

Rule 2.7, 3.10.3, 3.10.4, 3.10.5


New issue announcement, application for quotation of additional securities and agreement

Information 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


Neometals Ltd


ABN


89 099 116 631


We (the entity) give ASX the following information.


Part 1 - All issues

You must complete the relevant sections (attach sheets if there is not enough space).


  1. Fully paid ordinary shares.

  2. Employee Performance Rights

1 +Class of +securities issued or to be issued


2

Number of +securities issued or

1.

49,274

to be issued (if known) or

maximum number which may

2.

1,175,074

be issued


3

Principal terms

of the

1.

Fully paid ordinary shares.

+securities (e.g.

if

options,

2.

Employee Performance

Rights

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)

granted pursuant to the Neometals Ltd Performance Rights Plan


+ See chapter 19 for defined terms.


04/03/2013 Appendix 3B Page 1

Appendix 3B New issue announcement



  1. Yes, the new shares will rank equally in all respects from the date of allotment with the fully paid ordinary shares in Neometals Ltd currently on issue.

  2. No, but upon satisfaction of vesting criteria, the holders will be entitled to be issued fully paid ordinary shares for each Performance Right held and those new shares will rank equally in all respects from the date of allotment with the fully paid ordinary shares in Neometals Ltd currently on issue.

  1. 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 cash consideration.

  2. Issue price or consideration


    1. Issue of shares to employee following vesting of Performance Rights pursuant to the Neometals Ltd Performance Rights Plan.

    2. Issue of Performance Rights to employee pursuant to the Neometals Ltd Performance Rights Plan.

    3. Purpose of the issue

      4. (If issued as consideration for the acquisition of assets, clearly identify those assets)


      No

      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


      N/A

      6b The date the security holder resolution under rule 7.1A was passed


      N/A

      6c Number of +securities issued without security holder approval under rule 7.1



      + See chapter 19 for defined terms.


      Appendix 3B Page 2 04/03/2013


      N/A

      6d Number of +securities issued with security holder approval under rule 7.1A

      Appendix 3B New issue announcement


      N/A

      6e Number of +securities issued with security holder approval under rule 7.3, or another specific security holder approval (specify date of meeting)


      N/A

      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


      N/A

      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


      21 January 2016

      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

      559,089,257

      Fully paid 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

    Neometals Ltd. issued this content on 2016-01-21 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 2016-01-21 07:44:13 UTC

    Original Document: http://www.neometals.com.au/reports/638-CS210116.pdf