Change of Director's Interest Notice - Glenn Smith
Released
Released
Announcement PDF
Appendix 3Y
Change of Director’s Interest Notice
Rule 3.19A.2
Appendix 3Y
Change of Director’s Interest Notice
Information or documents not available now must be given to ASX as soon as available. Information and
documents given to ASX become ASX’s property and may be made public.
Introduced 30/09/01 Amended 01/01/11
Name of entity HITIQ LIMITED
ACN
609 543 213
We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for
the director for the purposes of section 205G of the Corporations Act.
Name of Director
Date of last notice
GLENN SMITH
19 DECEMBER 2022
Part 1 - Change of director’s relevant interests in securities
In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust
Note: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should be
disclosed in this part.
Direct or indirect interest
Nature of indirect interest
(including registered holder)
Note: Provide details of the circumstances giving rise to the relevant
interest.
Date of change
No. of securities held prior to change
+ See chapter 19 for defined terms.
01/01/2011
DIRECT AND INDIRECT INTEREST
1.
SEVASTOPOL PTY LTD <SEVASTOPOL
SUPERFUND A/C>
2. FAST TYCOON PTY LTD ATF THE A A
SMITH TRUST
30 JUNE 2023
Direct:
• 292,500 – ordinary shares
• 180,000 unlisted options (exerciseable at
$0.04 expiring 9 Dec 2023)
Indirect - Sevastopol:
• 260,000 – ordinary shares
• 160,000 unlisted options (exerciseable at
$0.04 expiring 9 Dec 2023)
Indirect – Fast Tycoon:
• 300,000 unlisted options (exerciseable at
$0.30 expiring 10 Nov 2024), subject to
the following vesting conditions:
o 75,000 upon 12 months service from
appointment
o 112,500 upon Company achieving
$2m annual recurring revenue
within 2 years
o 112,500 upon Company achieving
$3m annual recurring revenue
within 3 years
Appendix 3Y Page 1
Appendix 3Y
Change of Director’s Interest Notice
Class
Ordinary shares
Number acquired
180,000 ordinary shares
Number disposed
180,000 ordinary shares
Value/Consideration
Note: If consideration is non-cash, provide details and estimated
valuation
No. of securities held after change
Nature of change
Example: on-market trade, off-market trade, exercise of options, issue
of securities under dividend reinvestment plan, participation in buyback
$0.03 per share, total consideration $5,400.00
Direct:
• 112,500 – ordinary shares
• 180,000 unlisted options (exerciseable at
$0.04 expiring 9 Dec 2023)
Indirect - Sevastopol:
• 440,000 – ordinary shares
• 160,000 unlisted options (exerciseable at
$0.04 expiring 9 Dec 2023)
Indirect – Fast Tycoon:
• 300,000 unlisted options (exerciseable at
$0.30 expiring 10 Nov 2024), subject to
the following vesting conditions:
o 75,000 upon 12 months service from
appointment
o 112,500 upon Company achieving
$2m annual recurring revenue
within 2 years
112,500 upon Company achieving $3m annual
recurring revenue within 3 years
Transfer from direct holding to indirect
holding (Sevastopol)
Part 2 – Change of director’s interests in contracts
Note: In the case of a company, interests which come within paragraph (ii) of the definition of “notifiable interest of a director” should be
disclosed in this part.
Detail of contract
Nature of interest
N/A
N/A
Name of registered holder
(if issued securities)
N/A
Date of change
N/A
+ See chapter 19 for defined terms.
Appendix 3Y Page 2
01/01/2011
Appendix 3Y
Change of Director’s Interest Notice
No. and class of securities to which N/A
interest related prior to change
Note: Details are only required for a contract in
relation to which the interest has changed
Interest acquired
Interest disposed
Value/Consideration
Note: If consideration is non-cash, provide details
and an estimated valuation
Interest after change
N/A
N/A
N/A
N/A
Part 3 – +Closed period
Were the interests in the securities or contracts detailed No
above traded during a +closed period where prior written
clearance was required?
If so, was prior written clearance provided to allow the N/A
trade to proceed during this period?
If prior written clearance was provided, on what date was N/A
this provided?
+ See chapter 19 for defined terms.
01/01/2011
Appendix 3Y Page 3
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