AI assistant
Alcoa Corp — Capital/Financing Update 2024
Jul 22, 2024
30683_rns_2024-07-22_8338233f-0bfb-4016-a53d-67ec15a47de2.pdf
Capital/Financing Update
Open in viewerOpens in your device viewer
Alcoa Corporation – Capital Structure (ASX Listing Application)
Security
Number currently on issue[1]
Number proposed to be issued (or redeemed or purchased) between the date of this application and the date Alcoa Corporation is admitted to the official list[2]
Number proposed to be on issue at the date Alcoa Corporation is admitted to the official list[3]
Equity Securities*
*As at the close of trade on 12 July 2024
| Common Shares | 179,561,504 | None | 179,561,504 |
|---|---|---|---|
| Preferred non-voting Shares | 0 | None | 0 |
| Time-based Restricted Stock Units4 | 2,233,867 | None | 2,233,867 |
| Performance-based Restricted | None | 659,135 | |
| Stock Units5 | 659,135 | ||
| 2015 Incentive Options | 1,249 | None | 1,249 |
1 The number of securities listed are current as at the close of trade on 12 July 2024.
2 Subject to immaterial grants under Alcoa's 2016 stock incentive plan (e.g., retention awards) and acceleration of vesting (e.g., in connection with employee termination) in the ordinary course in the relevant period between application and admission.
3 Subject to immaterial grants under stock plans (e.g., retention awards) and acceleration of vesting (e.g., in connection with employee termination) in the ordinary course in the relevant period between application and admission.
4 Further information regarding Restricted Stock Units is provided in section 6.9 of the Scheme Booklet.
5 Further information regarding Performance-based Restricted Stock Units is provided in section 6.9 of the Scheme Booklet.
| 2016 Incentive Options | 29,654 | None | 29,654 |
|---|---|---|---|
| 2017 Incentive Options | 11,922 | None | 11,922 |
| 2018 Incentive Options | 29,620 | None | 29,620 |
| 2019 Incentive Options | 17,142 | None | 17,142 |
| 2020 Incentive Options | 55,049 | None | 55,049 |
| Debt Securities* | |||
| *As at 31 December 2023 | |||
| Senior Notes due 20316 | US$750 million | None | US$750 million |
| Senior Notes due 2029 | US$500 million | None | US$500 million |
| Senior Notes due 2027 | US$750 million | None | US$750 million |
| Senior Notes due 2028 | US$500 million | None | US$500 million |
| Senior Notes (Total) | US$2.5 billion7 | None | US$2.5 billion |
6 Further information regarding Senior Notes is provided in section 6.13 of the Scheme Booklet.
7 This figure equals the total face value of Alcoa's Senior Notes.