Rember - NEW NED Chris’ remuneration comprises NED fees of $36,000pa and an offer of 23,750,000Performance Rights in two equal tranches under the terms of the Company’s 2023Employee Incentive Securities Plan.
Tranche A 11,875,000 Performance Rights vest and are convertible to fully paid sharesupon the Company achieving a 20 day VWAP of not less than $0.025 with a term expiringon 30 April 2026.
Tranche B 11,875,000 Performance Rights vest and are convertible tofully paid shares upon the Company achieving a 20 day VWAP of not less than $0.035 witha term expiring on 30 April 2027.
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No. | Vol. | Price($) |
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5 | 1691168 | 0.9¢ |
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Price($) | Vol. | No. |
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11 | 3451303 | 0.008 |
10 | 6027051 | 0.007 |
7 | 4330000 | 0.006 |
4 | 645080 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.011 | 2137800 | 3 |
0.012 | 2063166 | 3 |
0.013 | 83333 | 1 |
0.014 | 965428 | 3 |
0.015 | 342768 | 3 |
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