ASX Listing Rules Appendix 3B - New Issue Announcement Application for Quotation of Additional Securities and Agreement
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
SYRAH RESOURCES LIMITED
ABN
77 125 242 284
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).
-
Unlisted options
-
Performance rights
-
Fully paid ordinary shares
1 +Class of +securities issued or to be issued
-
1,000,000 Unlisted options
-
100,707 Performance rights
-
125,000 Fully paid ordinary shares
-
Number of +securities issued or to be issued (if known) or maximum number which may be issued
-
Unlisted options, expiring 30 November 2018 and exercisable at
$4.71, issued pursuant to the terms of the Syrah Resources Long Term Incentive Plan which was approved by shareholders at the Company's Annual General Meeting held on 13 November 2015.
-
Performance rights issued pursuant to the terms of the Syrah Resources Long Term Incentive Plan, expiring on or before 1 January 2018, vesting on satisfaction of performance conditions.
-
Fully paid ordinary shares.
-
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)
-
No - Upon vesting and exercise of the unlisted options, they will rank equally with ordinary fully paid shares on issue.
-
No - A performance right does not give any right to participate in new issues of Shares or to participate in dividend until shares are issued to the Participant pursuant to exercise of vested Performance Rights. However, ordinary shares allocated upon vesting of the performance rights will rank equally with ordinary fully paid shares on issue.
-
Yes.
-
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
-
$Nil
(3) $0.17 ($21,400)
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Issue price or consideration
-
Grant of unlisted options to Directors pursuant to resolutions 6 and 7 as approved by shareholders at the Company's Annual General Meeting held on 13 November 2015.
-
Grant of performance rights for the year ended 31 December 2015 issued to certain senior executives of the Company pursuant to the terms of the Syrah Resources Limited Long Term Incentive Plan.
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Exercise of unlisted options exercisable at $0.17, expiring 15 December 2015.
-
Purpose of the issue
(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
N/A
6d Number of +securities issued with security holder approval under rule 7.1A
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
1 December 2015
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
|
|
230,711,861
|
Fully Paid Ordinary Shares
|
-
Number and +class of all
+securities quoted on ASX (including the +securities in section 2 if applicable)
|
Number
|
+Class
|
|
300,005
|
Options exercisable
|
|
at $0.17 expiring 15
|
|
December 2015.
|
|
22,000
|
Options exercisable
|
|
at $2.12, expiring 16 July
|
|
2016.
|
|
250,000
|
Options exercisable at
|
|
$2.81, expiring 12 June
|
|
2016.
|
|
500,000
|
Options exercisable at
|
|
$5.41, expiring 19 May
|
|
2019.
|
|
2,800,000
|
Options exercisable at
|
|
$6.26, expiring 2
|
|
October 2019.
|
|
1,200,000
|
Options exercisable at
|
|
$4.08, expiring 28
|
|
January 2018.
|
|
125,000
|
Options exercisable at
|
|
$Nil, expiring 27
|
|
April 2017.
|
|
500,000
|
Options exercisable at
|
|
$5.40, expiring 7 May
|
|
2018.
|
|
300,000
|
Options exercisable at
|
|
$4,99, expiring 9 June
|
|
2018.
|
|
250,000
|
Options exercisable at
|
|
$4.38, expiring 26th
|
|
October 2020.
|
|
1,000,000
|
Options exercisable at
|
|
$4.71, expiring 13th
|
|
November 2018.
|
|
100,707
|
Unlisted performance
|
|
rights expiring on or
|
|
before 1 January 2018,
|
|
vesting on satisfaction of
|
|
performance conditions.
|
-
Number and +class of all
+securities not quoted on ASX (including the +securities in section 2 if applicable)