AHL 2.16% 71.0¢ adrad holdings limited

i wish some of my other companies renumerated for success 147...

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  1. 978 Posts.
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    i wish some of my other companies renumerated for success

    147 Front
    Street,
    Brooklyn
    , New York
    11201
    ahalife.com
    Details of equity incentive package
    As part of his remuneration, subject to shareholder and regulatory approvals
    (if required)
    ,
    Mr.
    Colfer will
    be granted 1,635,000 performance rights (which represents approximately 1% of the total issued capital of
    the Company). Material terms of the performance rights are as follows:

    An eighth of the total performance rights will vest every 3 month
    s from the appointment date.

    Subject to having vested, the performance rights will only be delivered to
    Mr.
    Colfer upon
    satisfaction
    of these
    conditions:

    o
    With respect to a third of the total performance rights, these will only be delivered to
    Mr.
    Colfer on
    ce the Company achieves positive operating cash flows within a rolling
    12
    -
    month
    period
    ;

    o
    With respect to a further third of the total performance rights, these will only be delivered
    to
    Mr.
    Colfer once the Company achieves revenue in a rolling
    12
    -
    month
    peri
    od in excess
    of AUD$20 million; and

    o
    With respect to the remaining third of the total performance rights, these will only bedelivered to  Mr.
    Colfer once the Company achieves revenue in a rolling12-month period in excess of AUD$50 million.

    Subject to having satisfied the vesting and delivery conditions, each performance right will
    convert to one fully paid ordinary share.
 
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Last
71.0¢
Change
0.015(2.16%)
Mkt cap ! $64.21M
Open High Low Value Volume
71.0¢ 71.0¢ 71.0¢ $2.8K 3.944K

Buyers (Bids)

No. Vol. Price($)
1 6056 71.0¢
 

Sellers (Offers)

Price($) Vol. No.
75.0¢ 10000 1
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