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8COMMON LIMITED — Director's Dealing 2021
Jul 19, 2021
64263_rns_2021-07-19_480b4983-19cd-4438-9f9f-48291210fb5b.pdf
Director's Dealing
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8common
ASX Release
20 July 2021
Director ESOP allocation
Fintech company 8common Limited ( 8common or the Company ) (ASX: 8CO) wishes to advise that at the time of issuing the Employee Share Options on 30 June 2021 it determined that it would seek shareholder approval for an allocation of options (yet to be determined) to Directors. The Board has now determined that intends to seek shareholder approval at the next Annual General Meeting for the issue of the following options:
| Director | No. options |
|---|---|
| Nic Lim | 350,000 |
| Adrian Bunter | 275,000 |
| Larry Gan | 275,000 |
| John Du Bois | 275,000 |
| Total | 1,175,000 |
These options are subject to the same conditions as the ones issued to employees on 30 June 2021, that being:
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Options Exercise price of 16 cents ($0.16)
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Vest immediately
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Expiry date of 3 years from when the options are issued.
This release has been approved by the Board of 8common.
-END-
Further information
Corporate Investors Nic Lim Craig Sainsbury [email protected] [email protected] Executive Chairman
About 8common Limited
8common (ASX:8CO) solutions deliver enterprise grade financial transaction processing for government entities and large enterprise businesses. Its flagship Expense8 platform is a leading pureplay provider of end to end travel expense management software, card application and management. The innovative software solutions improve organisation, productivity, incorporate company organisational policies and expense auditing to reduce fraud. Expense8 by 8common was named a Major Player in the IDC MarketScape: Worldwide SaaS and Cloud-Enabled Travel and Expense Management Applications 2019 Vendor Assessment.
Its new products being PayHero (procurement payment gateway) and CardHero (pre-paid card fund distribution) deliver closed loop solutions to support regulated, large network and high-volume requirements. 8common’s specialises in large enterprise and government segments.
Its growing client base of more than 163,000 platform users include enterprise customers Woolworths, Broadcast Australia, Amcor, and over 158 state and federal government entities. For more information, visit https://www.8common.com/