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HYTERRA LTD — Director's Dealing 2023
Feb 21, 2023
65084_rns_2023-02-21_fe9764c1-f4d8-4ab4-b93a-c005ad083887.pdf
Director's Dealing
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----- Start of picture text ----- PIONEERING NATURAL HYDROGEN----- End of picture text -----
ASX / MEDIA RELEASE: 21 FEBRUARY 2023
VESTING OF CLASS C PERFORMANCE RIGHTS
In accordance with ASX Listing Rule 3.10.7, HyTerra Ltd (ASX: HYT) ( HyTerra or the Company ) advises that 5,000,000 Class C Performance Rights ( Rights ) have vested in full.
The Rights were issued to Mr Avon McIntyre, an Executive Director of the Company, pursuant to Shareholder approval at a general meeting of the Company held on 10 October 2022. In accordance with their terms and conditions, the Rights have converted into 5,000,000 fully paid ordinary shares.
Restriction conditions applicable to the Rights will also be applicable to the shares, which are escrowed until 2 December 2024.
This ASX announcement has been authorised for release by Alex Neuling, Company Secretary.
For further information please visit the Company’s website at www.hyterra.com or contact:
Avon McIntyre Paul Garner Executive Director & Chief Technical Officer Non-Executive Director +61 403 881 135 +61 411 871 487 [email protected] [email protected]
ABOUT HYTERRA LTD
The first ASX listed company with a focus on pioneering the exploration and production of natural hydrogen. HyTerra has an earn-in interest in a Joint Development Agreement (JDA) with Natural Hydrogen Energy LLC which includes the world’s first wildcat well targeting natural hydrogen in Nebraska, USA. Under the terms of the JDA, HyTerra has the option to acquire 51% of the assets and assume operatorship.
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----- Start of picture text ----- HyTerra Ltd | ACN 116 829 675 | ASX: HYT | hyterra.com @HyTerra_ASX HyTerra Ltd----- End of picture text -----