For Immediate Release - 9 January 2018
Ref. #001/18
ASX Ltd
Companies Announcement Office Electronic Lodgement System
LAPSE OF EXECUTIVE INCENTIVE RIGHTS
Beach Energy Limited advises that certain executive incentive rights detailed below have lapsed pursuant to their terms of issue without exercise:
1) 490,892 2015 Long Term Incentive Rights;
2) 810,584 2016 Long Term Incentive Rights;
3) 60,894 2016 Short Term Incentive Rights; and
4)
165,095 2017 Long Term Incentive Rights.
The issued capital following the lapse of the executive incentive rights is set out below:
2,276,155,671 | Fully Paid Ordinary shares |
2015 LTI Rights 2,063,694 CEO Rights 414,547 2016 LTI Rights 2,153,807 2016 STI Rights 1,061,223 2017 LTI Rights 1,863,955 | Unlisted Rights Unlisted Rights Unlisted Rights Unlisted Rights Unlisted Rights |
Yours faithfully,Cathy Oster Company Secretary
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Beach Energy Limited published this content on 09 January 2018 and is solely responsible for the information contained herein.
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