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POINTERRA LIMITED — Director's Dealing 2020
Sep 2, 2020
64255_rns_2020-09-02_2499c2f5-7567-45f4-98f9-fed9a2d38dbf.pdf
Director's Dealing
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Pointerra Limited
3 September 2020
ASX Market Announcements ASX Limited 20 Bridge Street Sydney NSW 2000
Re: APPENDIX 3Y’s – CHANGE OF DIRECTOR’S INTEREST NOTICE
Pointerra Limited ( the Company ) refers to the Appendix 3Y’s lodged by the Company today, and advises as follows:
1. Reason why the Appendix 3Y’s were lodged late.
On 7 May 2020, the Company lodged an Appendix 2A for the issue of fully paid ordinary shares, as approved by shareholders, pursuant to the Pointerra Incentive Share Plan. The issue included shares issued to directors. Due to an administrative oversight, the Company inadvertently failed to also lodge the Appendix 3Y’s to reflect the resulting change in directors’ interests.
On undertaking a review of directors interests as part of the Company’s end of financial year reporting, the Company became aware of this oversight and rectified the director’s security holding in the lodged Appendix 3Y’s.
2. What arrangements does the Company have in place with its directors to ensure that it is able to meet its disclosure obligations under listing rule 3.19A?
The Directors of the Company are fully aware of and understand their obligations under listing rule 3.19A and section 205G of the Corporations Act.
The Company has a standard “Consent to Act as a Director and Statutory Information” form which incorporates all the initial requirements to satisfy both Corporations Act and ASX listing rule requirements. The form also incorporates an obligation in relation to ongoing notification of any changes to reportable information. In addition, the company has a standard letter agreement in the form set out in attachment 1 of Guidance Note 22 of the ASX listing rules. The Company’s Corporate Governance Manual incorporates these disclosure obligations.
3. If the current arrangements are inadequate or not being enforced, what additional steps does the Company intend to take to ensure compliance with listing rule 3.19B?
The company believes that the arrangements in place are adequate to ensure compliance with listing rule 3.19B, with the non-disclosure having been an internal administrative oversight, however all directors have been reminded of their obligations under listing rule 3.19A and section 205G of the Corporations Act.
Pointerra Limited | ABN 39 078 388 155 Registered Office: c/-Westar Capital Limited, Level 4, 216 St Georges Terrace, Perth WA 6000 T +61 8 6268 2622 | F +61 8 6268 2699 | E: [email protected]
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Pointerra Limited
This announcement has been approved by the company secretary.
Yours faithfully N J Bassett Company Secretary
Pointerra Limited | ABN 39 078 388 155 Registered Office: c/-Westar Capital Limited, Level 4, 216 St Georges Terrace, Perth WA 6000 T +61 8 6268 2622 | F +61 8 6268 2699 | E: [email protected]