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AIRTASKER LIMITED — Director's Dealing 2022
Sep 4, 2022
64424_rns_2022-09-04_5a4e5464-2cbe-4b6d-9e8c-14c844749c5d.pdf
Director's Dealing
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5 September 2022
ASX Announcements Platform
AIRTASKER LIMITED (ASX:ART) Late Lodgement of Appendix 3Y
We enclose Appendix 3Y in respect of issues of performance rights and ordinary shares to Timothy Fung, a director of Airtasker.
The form includes notice of an issue of performance rights, which occurred on 24 November 2021, as well as an issue of ordinary shares which occurred on 2 September 2022. In relation to the performance rights, no Appendix 3Y was issued at the time.
Airtasker has agreements in place with each of its directors in accordance with Listing Rule 3.19(b) to ensure compliance with Listing Rule 3.19(a). In addition, the Company Secretary issues reminders to directors at board meetings and following issues of equity securities to ensure that disclosure requirements are met in relation to changes in directors’ interests.
In this instance, it appears that the issue of performance rights was overlooked following board approval, as a result of the delayed issue of the rights pending shareholder approval being obtained at the Company’s AGM.
Yours faithfully
Mark Simpson Company Secretary
-END-
For further information, please contact:
Media Enquiries Investor Relations Andrea Philips www.investor.airtasker.com [email protected] [email protected] +61 415 113 908
About Airtasker
Airtasker (ASX: ART) is Australia’s leading online marketplace for local services, connecting people and businesses who need work done with people who want to work. With its mission to empower people to realise the full value of their skills, Airtasker aims to have a positive impact on the future of work by creating truly flexible opportunities to work and earn income. Since launching in 2012, Airtasker has enabled more than $2 billion in working opportunities and served more than 1.3 million unique paying customers across the world. For more information visit: investor.airtasker.com
Airtasker Limited ACN 149 850 457, Registered Office C/Charternet, L20, 109 Pitt St, Sydney NSW 2000
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This announcement was approved for release by the Company Secretary of Airtasker Limited
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
AIRTASKER LIMITED ABN 53 149 850 457
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 | TIMOTHY JOHN FUNG |
| Date of last notice | 20/10/21 |
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 | DIRECT |
| Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest. | |
| Date of change | 24/11/21 and 02/09/22* |
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| No. of securities held prior to change | DIRECT HOLDINGS●515,000 ORD FULLY PAID●1,168,000OptionsundertheEmployee Option Plan●4,000,000PerformanceShareAppreciation Rights under the EmployeeRights PlanINDIRECT HOLDINGS (held throughTune Fiorano Pty Ltd Tune atf the TuneFiorano Trust)●47,740,000 Ordinary Shares |
| Class/Number Acquired | 437,000 ORD FULLY PAIDand*197,628 Performance Rights (issued on24/11/21) |
| Number disposed | NIL |
| Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation | $132,411.00 for ORDsNIL for Performance Rights |
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| No. of securities held after change | DIRECT HOLDINGS●952,000 ORD FULLY PAID●731,000OptionsundertheEml Otin Pln | ||||||||
| poy**●4 **Ai | e po a000000Pf | Sharel | |||||||
| ,, ti Riht | rormanced th E | ||||||||
| pprecRights P●1 | on gslan97,628 Perfor | ner emance Rights | poyeeunder | ||||||
| the EmpINDIRETune Fi | loyee RightsCT HOLDINorano Pty Lt | lanGS (held td Tune atf th | hroughe Tune | ||||||
| Fiorano Trust)●47,740,000 Ordinary Shares | |||||||||
| Nature of changeExample: on-market trade, off-market trade, exercise of options, issueof securities under dividend reinvestment plan, participation in buy-back | 437,000 ORD acquired on exercise ofoptionsunderEmployeeEquityParticipation Plan197,628 Performance Rights issued underthe Employee Rights Plan (note - issued on24/11/21) |
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 Name of registered holder (if issued securities) Date of change
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----- Start of picture text ----- No. and class of securities to whichinterest related prior to changeNote: Details are only required for a contract in relationto which the interest has changedInterest acquiredInterest disposedValue/ConsiderationNote: If consideration is non-cash, provide details and anestimated valuationInterest after change----- End of picture text -----
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 trade to proceed during this period? If prior written clearance was provided, on what date was this provided?
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