WMG western mines group ltd

Directors Rights = "A Suitable Time .

  1. 1,848 Posts.
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    If Shareholders approve the issue, a total of 5,250,000 Rights will be issued. 3,000,000 of the
    Rights will be issued to Managing Director, Caedmon Marriott and 750,000 Rights will be issued
    to each of the three Non-Executive Directors, Rex Turkington, Francesco Cannavo and Paul
    Burton

    Material Terms of Performance Rights

    Description Each Right granted under the Plan will not vest and be exercisable unless the
    Vesting Conditions attaching to the Rights have been satisfied, or waived, as
    determined by the Board and in accordance with the rules of the Plan.

    Each vested Right entitles the holder to subscribe for one fully paid ordinary
    shares (Share) upon exercise of the Right at nil cost

    Expiry Date Unexercised Rights will expire on 14 March 2025

    Vesting Conditions Each one-third of the Rights is subject to the following vesting conditions:

    1. WMG share price remains above $0.40/share for period of 10 business
    days
    2. WMG share price remains above $0.60/share for period of 10 business
    days
    3. WMG share price remains above $0.80/share for period of 10 business
    days

    Question jimmy .

    Did the Glitter Pump satisfy the vesting conditions for these "Performance Rights" over a year ago ?

    Or

    Are there still incentives to kick goals here?

    I don't know anything,
 
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(20min delay)
Last
21.5¢
Change
-0.015(6.52%)
Mkt cap ! $20.89M
Open High Low Value Volume
22.5¢ 22.5¢ 21.5¢ $16.93K 77.49K

Buyers (Bids)

No. Vol. Price($)
1 53557 21.5¢
 

Sellers (Offers)

Price($) Vol. No.
22.5¢ 77543 1
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Last trade - 16.10pm 10/09/2025 (20 minute delay) ?
WMG (ASX) Chart
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