Vicinity Centres Re : Performance Rights Clarification
January 02, 2018 at 11:29 pm EST
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3 January 2018
Market Announcements Office Australian Securities Exchange Exchange Centre
20 Bridge Street SYDNEY NSW 2000
Dear Sir/Madam
Vicinity Centres (ASX: VCX) Performance Rights Clarification
Vicinity Centres refers to the Appendix 3B and notice titled "Lapse of Vicinity Centres Performance Rights" (Lapse Notice) lodged on 2 January 2018. Vicinity Centres confirms that following the issue of 678,487 FY2018 Performance Rights there are currently 3,266,880 FY2018 Performance Rights on issue under the 2017 LTI grant, not 3,226,880 as stated in the Lapse Notice.
Consequently, Vicinity Centres currently has on issue the following Performance Rights:
Number
Details
2,291,072
FY2016 Performance Rights under the 2015 PRPL grant with a three year performance period commencing on 1 July 2015 and ending on 30 June 2018.
2,733,838
FY2017 Performance Rights under the 2016 LTI grant with a three year performance period commencing on 1 July 2016 and ending on 30 June 2019.
3,266,880
FY2018 Performance Rights under the 2017 LTI grant with a three year performance period commencing 1 July 2017 and ending on 30 June 2020.
Yours faithfully
Michelle Brady Company Secretary
Vicinity Centres
National Office
Vicinity Limited ABN 90 114 757 783
Level 4, Chadstone Tower One
and Vicinity Centres RE Ltd
1341 Dandenong Road
T +61 3 7001 4000
ABN 88 149 781 322
PO Box 104
F +61 3 7001 4001
As responsible entity for:
Chadstone VIC 3148
vicinity.com.au
Vicinity Centres Trust ARSN 104 931 928
Vicinity Centres RE Ltd. published this content on 03 January 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 03 January 2018 04:29:02 UTC.
Original documenthttp://www.vicinity.com.au/media/709802/180103-vicinity-centres-performance-rights-clarification.pdf
Public permalinkhttp://www.publicnow.com/view/EB216E293A245499C7A03D41B4D6A8484D350528
Vicinity Centres is an Australia-based company that is engaged in investment in a portfolio of retail investment properties. The Company owns and manages retail destinations across Australia and offer a range of retail, residential, and office spaces. The Company has direct Portfolio with interests in 59 shopping centers, including the DFO Brisbane business and manages 29 assets on behalf of Strategic Partners, 28 of which are co-owned by the Company. Its properties include Bankstown Central, Bayside, Buranda Village, Chadstone, DFO Perth, Emporium Melbourne, Queen Victoria Building, QueensPlaza, and The Glen. Its development properties include 1 Middle Road, Chadstone, Bankstown Central, 12 Balmoral Walk, Bayside, Box Hill Central, Box Hill, and Chatswood Chase Sydney. The Company also offers a range of retail solutions, such as advertising, brand activations, leasing, and pop-up retail.