Vesting and Release of Securities
Brisbane, July 4, 2014 AEST (ABN Newswire) - WestSide Corporation Limited (
ASX:WCL) (WBRIF:OTCMKTS) advises ASX that the WestSide Board has exercised its discretion in accordance with the WestSide Employee Performance Rights Plan to vest all outstanding Employee Performance Rights and release holding locks on all unquoted employee shares. WestSide will apply to ASX for the quotation of these Ordinary Shares.
The changes to the number of securities on issue are summarised below:
-------------------------------------------------Description Expiry ASX Number of Activity date code securities-------------------------------------------------Quoted WCL 5,875,920 QuotationOrdinary sharesUnlisted WCLAZ (1,128,920) QuotationOrdinary sharesUnlisted 31/12/15 WCLAW (705,000) Vestedemployee share rightsUnlisted 31/12/16 WCLAM (865,000) Vestedemployee share rightsUnlisted 30/06/17 WCLAI (3,177,000) Vestedemployee share rights -------------------------------------------------
Following the processing of the movement of these securities the Company's issued securities are as follows:
---------------------------------------------------------Description Expiry date Exercise ASX Number price code---------------------------------------------------------QuotedOrdinary Shares WCL 449,849,941UnquotedOrdinary shares WCLAZ -Unlisted rights 31/12/2015 - WCLAW -employee shareUnlisted rights 31/12/2016 - WCLAM -employee shareUnlisted rights 30/06/2017 - WCLAI -employee share---------------------------------------------------------
To view tables and the release, please visit:
http://media.abnnewswire.net/media/en/docs/ASX-WCL-805398.pdf
Contact
Damian Galvin
Company Secretary
WestSide Corporation Limited
T: +61-7-3020-0904
F: +61-7-3020-0999
WWW: www.westsidecorporation.com
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