22 Nov

Notification regarding unquoted securities - NEA

Notification of Issue, Conversion or Payment up of Unquoted Equity Securities Notification of Issue, Conversion or Payment up of Unquoted Equity Securities 1 / 7 Announcement Summary Entity name NEARMAP LTD Date of this announcement Monday November 22, 2021 The +securities the subject of this notification are: Total number of +securities to be issued/transferred ASX +security code Security description Total number of +securities to be issued/transferred Issue date NEAAI OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES 6,098,576 22/11/2021 Refer to next page for full details of the announcement +Securities issued under an +employee incentive scheme that are subject to a restriction on transfer and are not being quoted on ASX until the restriction ends Notification of Issue, Conversion or Payment up of Unquoted Equity Securities Notification of Issue, Conversion or Payment up of Unquoted Equity Securities 2 / 7 Part 1 - Entity and announcement details 1.1 Name of entity NEARMAP LTD 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 Registration number 37083702907 1.3 ASX issuer code NEA 1.4 The announcement is 1.5 Date of this announcement 22/11/2021 New announcement Notification of Issue, Conversion or Payment up of Unquoted Equity Securities Notification of Issue, Conversion or Payment up of Unquoted Equity Securities 3 / 7 Part 2 - Issue details 2.1 The +securities the subject of this notification are: 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") +Securities issued under an +employee incentive scheme that are subject to a restriction on transfer and are not being quoted on ASX until the restriction ends Notification of Issue, Conversion or Payment up of Unquoted Equity Securities Notification of Issue, Conversion or Payment up of Unquoted Equity Securities 4 / 7 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 Additional +securities in an existing class issued under an +employee incentive scheme ASX +security code and description NEAAI : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES Date the +securities the subject of this notification were issued 22/11/2021 Will these +securities rank equally in all respects from their issue date with the existing issued +securities in that class Were any of the +securities issued to +key management personnel (KMP) or an +associate? Provide details of the KMP or +associates being issued +securities. Name of KMP Name of registered holder Number of +securities Rob Newman Venture Skills Pty Ltd  749,274 Andy Watt Mr Andrew David Watt 1,510,078 Tom Celinski Mr Tomasz Celinski 1,486,768 Simone Shugg Ms Simone Shugg 953,297 Harvey Sanchez Mr Harvey Sanchez 899,159 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 https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02434910-2A1330632?access_token=8 3ff96335c2d45a094df02a206a39ff4 Any other information the entity wishes to provide about the +securities the subject of this notification 2,598,576 LTI Options will vest 36 months from Grant Date, subject to Total Shareholder Return (TSR) hurdles as disclosed in the explanatory wording for Resolution 3 in the Company's 2021 Notice of AGM. 749,274 of these Options were issued to Dr Rob Newman under ASX Listing Rule 10.11. 3,500,000 Retention Options will vest in equal tranches 12,24 and 36 months from Grant Date. The number of Options that will vest (and become exercisable by the Eligible Person) at the Vesting Date will be determined by reference to the Yes Yes Notification of Issue, Conversion or Payment up of Unquoted Equity Securities Notification of Issue, Conversion or Payment up of Unquoted Equity Securities 5 / 7 higher of ACV growth and TSR growth for the financial year prior to which the Vesting Date falls. 50% of Options to vest at 10% growth, increasing pro rata to 100% of Options to vest at 20% growth. No Retention Options are issued to Dr Rob Newman. Issue details Number of +securities 6,098,576 Notification of Issue, Conversion or Payment up of Unquoted Equity Securities Notification of Issue, Conversion or Payment up of Unquoted Equity Securities 6 / 7 Part 4 - +Securities on issue 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) ASX +security code and description Total number of +securities on issue NEA : ORDINARY FULLY PAID 498,149,265 4.2 Unquoted +Securities (Total number of each +class of +securities issued but not quoted on ASX) ASX +security code and description Total number of +securities on issue NEAAI : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES 16,395,968 NEAAK : OPTION EXPIRING 01-OCT-2023 EX $2.575 1,587,957 NEAAJ : RESTRICTED STOCK UNITS 2,811,673 Notification of Issue, Conversion or Payment up of Unquoted Equity Securities Notification of Issue, Conversion or Payment up of Unquoted Equity Securities 7 / 7 Part 5 - Other Listing Rule requirements 5.1 Were the +securities issued under an exception in Listing Rule 7.2 and therefore the issue did not need any security holder approval under Listing Rule 7.1? 5.1a Select the number of the applicable exception in Listing Rule 7.2 13 Yes
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