Notification of Issue, Conversion or Payment up of Unquoted Equity SecuritiesAnnouncement Summary
Entity name
For personal use only
TYRO PAYMENTS LIMITED
Date of this announcement Friday April 22, 2022
The +securities the subject of this notification are:
+Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX
Total number of +securities to be issued/transferred
Total number of
ASX +security | +securities to be | ||
code | Security description | issued/transferred | Issue date |
TYRAA | PERFORMANCE RIGHTS | 2,405,972 | 13/04/2022 |
Refer to next page for full details of the announcementNotification of Issue, Conversion or Payment up of Unquoted Equity Securities
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Notification of Issue, Conversion or Payment up of Unquoted Equity SecuritiesPart 1 - Entity and announcement details
For personal use only
1.1 Name of entity
TYRO PAYMENTS LIMITED
We (the entity named above) give notice of the issue, conversion or payment up of the following unquoted +securities.
1.2 Registered number type ABN
1.3 ASX issuer code TYR
1.4 The announcement isNew announcement
1.5 Date of this announcement 22/4/2022
Registration number 49103575042
Notification of Issue, Conversion or Payment up of Unquoted Equity Securities
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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities
Part 2 - Issue details
2.1 The +securities the subject of this notification are:
+Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX
For personal use only
2.2a This notification is given in relation to an issue of +securities in a class which is not quoted on ASX and which:has an existing ASX security code ("existing class")
Notification of Issue, Conversion or Payment up of Unquoted Equity Securities
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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities
Part 3B - number and type of +securities the subject of this notification (existing class) where issue has not previously been notified to ASX in an Appendix 3B
For personal use only
ASX +security code and description TYRAA : PERFORMANCE RIGHTS
Date the +securities the subject of this notification were issued 13/4/2022
Will these +securities rank equally in all respects from their issue date with the existing issued +securities in that class
Yes
Were any of the +securities issued to +key management personnel (KMP) or an +associate?
No
Please provide a URL link for a document lodged with ASX detailing the terms of the +employee incentive scheme or a summary of the terms
Tyro Payments Limited Team Incentive Plan Ruleshttps://investors.tyro.com/FormBuilder/_Resource/_module/rO0GlGGrEkqPqF-fCBnw8w/file/governance/Employee%20Long%20Term%20Incentive%20Plan%20Rules%20-%20FINAL%2011.11.19.pdf
Any other information the entity wishes to provide about the +securities the subject of this notification
Provided that the employee remains employed by Tyro on the relevant vesting date, these Service Rights granted will vest in three equal annual tranches, on the anniversary of the Grant Date (each a Vesting Date), being:
- 1 February 2023;
- 1 February 2024; and
- 1 February 2025.
Once vested, there are no conditions which must be satisfied before the Service Rights can be exercised.
Issue details
Number of +securities
2,405,972
Notification of Issue, Conversion or Payment up of Unquoted Equity Securities
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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities
Part 4 - +Securities on issue
For personal use only
Following the issue, conversion or payment up of the +securities the subject of this application, the +securities of the entity will comprise:
(A discrepancy in these figures compared to your own may be due to a matter of timing if there is more than one application for quotation/issuance currently with ASX for processing.)
4.1 Quoted +Securities (Total number of each +class of +securities quoted)
Total number ofASX +security code and description
+securities on issue
TYR : ORDINARY FULLY PAID
517,213,596
4.2 Unquoted +Securities (Total number of each +class of +securities issued but not quoted on ASX)
Total number of
ASX +security code and description | +securities on issue |
TYRAG : OPTION EXPIRING 30-DEC-2024 EX NIL | 1,396,902 |
TYRAA : PERFORMANCE RIGHTS | 9,472,674 |
TYRAB : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES | 10,246,513 |
TYRAC : OPTION EXPIRING 31-AUG-2025 EX NIL | 783,579 |
TYRAD : OPTION EXPIRING 30-APR-2026 EX $1.50 | 5,762,443 |
TYRAE : OPTION EXPIRING 30-SEP-2026 EX $1.79 | 6,511,631 |
Notification of Issue, Conversion or Payment up of Unquoted Equity Securities
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Tyro Payments Ltd. published this content on 22 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 April 2022 03:17:08 UTC.