Plexure Group Issues Employee Share Options

30/6/2022, 2:28 pm SECISSUE

Plexure Group Limited (PX1) are today issuing 496,680 share options to senior managers and staff.
The share options are issued under the company’s Employee Share Option Scheme (ESOS).

Options vest in three equal tranches on the 12, 24 and 36 month anniversary of the grant date and upon exercise participants can elect to pay the exercise price of 21.44 cents per share or the cashless exercise as set out in the scheme rules.

The exercise price is the 20-day volume weighted average price (VWAP) as at 17 June 2022.Following the issue of the Options the total number of shares, live options, deferred share rights and RSUs is:

Ordinary Shares 353,582,379
Options 4,966,138
Deferred Share Rights 19,986,033
Restricted Share Units 3,981,096

Copies of the ESOS Rules are available on Plexure’s website at www.plexure.com/investors/#policies

For more information please contact:
Andre Gaylard
Chief Financial Officer
Mobile: +64 21 288 3355
Email: [email protected]

Downloads

PX1 Capital Change Notice – Issue of Options per ESOS 30.06.22