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21.4% 1.7¢ lithium universe limited

Ann: Application for quotation of securities - ESH, page-6

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  1. edgecate
    17 Posts.
    lightbulb Created with Sketch. 12
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    01/12/21
    10:44
    Post #: 57988061
    I think (happy to be corrected) these Performance Rights are in relation to their tenure.

    In this report (https://hotcopper.com.au/threads/ann-preliminary-final-report-annual-report-2020.5933143/), Gernot was awarded the same number of shares (1,875,000) for a 12 month tenure, and Michael's is 1,875,000 * 2.

    It's the other parcel I'm curious about - 5,144,771 from the Employee Incentive Plan (mentioned in the AGM on 31-May-2016).
    It looks like it didn't go to anyone within or associated to the company and I couldn't derive what condition was satisfied to trigger it.
    Last edited by edgecate: 01/12/21
    ESH Price at posting: 0.8¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch. 1  Great analysis
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