27 April 2017
ASX Limited Exchange Centre
Level 4, 20 Bridge Street
Sydney NSW 2000
Dear Sir
PERFORMANCE RIGHTS FORFEITEDQuintis Ltd (ASX: QIN) advises that the following performance rights have been forfeited in accordance with the rules of the Quintis Corporation Ltd Long Term Incentive Plan.
ASX Code | Performance Rights | Previous Balance | Net Adjustment | Current Balance |
TFCAL | Tranche 1 - 2015 performance rights lapse 27 January 2022 (or earlier, if performance hurdle testing satisfied following completion of 30 June 2017 audit) | 983,826 | (317,669) | 666,157 |
TFCAL | Tranche 2 - 2015 performance rights lapse 27 January 2022 (or earlier, if performance hurdle testing satisfied following completion of 30 June 2018 audit) | 1,091,748 | (333,984) | 757,764 |
TFCAM | 2016 performance rights lapse 21 January 2023 (or earlier, if performance hurdle testing satisfied following completion of 30 June 2019 audit) | 1,429,686 | (353,139) | 1,076,547 |
TFCAM | 2017 performance rights lapse 19 December 2023 (or earlier, if performance hurdle testing satisfied following completion of 30 June 2019 audit) | 1,220,240 | (175,221) | 1,045,019 |
Yours faithfully
Simon Storm Company SecretaryQuintis Ltd. published this content on 27 April 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 27 April 2017 07:07:11 UTC.
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