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Telix Pharmaceuticals Ltd — Share Issue/Capital Change 2024
Nov 27, 2024
31324_rns_2024-11-27_0b072225-a79f-4183-8e49-0dfe25650c93.pdf
Share Issue/Capital Change
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Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities
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Announcement Summary
Entity name
TELIX PHARMACEUTICALS LIMITED
Date of this announcement
Thursday November 28, 2024
The +securities the subject of this notification are:
+Securities issued under an +employee incentive scheme that are subject to a restriction on transfer and are not being quoted on ASX until the restriction ends
Total number of +securities to be issued/transferred
| Total number of | |||
|---|---|---|---|
| ASX +security | +securities to be | ||
| code | Security description | issued/transferred | Issue date |
| TLXAP | SHARE RIGHTS | 314,000 | 01/11/2024 |
| TLXAO | SHARE APPRECIATION RIGHTS | 4,133,200 | 25/11/2024 |
| TLXAO | SHARE APPRECIATION RIGHTS | 1,455,107 | 21/10/2024 |
Refer to next page for full details of the announcement
Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities
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Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities
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Part 1 - Entity and announcement details
1.1 Name of entity
TELIX PHARMACEUTICALS LIMITED
We (the entity named above) give notice of the issue, conversion or payment up of the following unquoted +securities.
1.2 Registered number type Registration number ACN 616620369
1.3 ASX issuer code
TLX
1.4 The announcement is
New announcement
1.5 Date of this announcement
28/11/2024
Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities
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Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities
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Part 2 - Issue details
2.1 The +securities the subject of this notification are:
+Securities issued under an +employee incentive scheme that are subject to a restriction on transfer and are not being quoted on ASX until the restriction ends
2.2a This notification is given in relation to an issue of +securities in a class which is not quoted on ASX and which:
has an existing ASX security code ("existing class")
Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities
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Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities
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Part 3B - number and type of +securities the subject of this notification (existing class) where issue has not previously been notified to ASX in an Appendix 3B
Additional +securities in an existing class issued under an +employee incentive scheme ASX +security code and description
TLXAO : SHARE APPRECIATION RIGHTS
Date the +securities the subject of this notification were issued
25/11/2024
Will these +securities rank equally in all respects from their issue date with the existing issued +securities in that class Yes
Were any of the +securities issued to +key management personnel (KMP) or an +associate? Yes
Provide details of the KMP or +associates being issued +securities.
| Provide details of the KMP | or +associates being issued +securities. | |
|---|---|---|
| Name of KMP | Name of registered holder | Number of +securities |
| Darren Smith | Darren Smith | 60,836 |
| David Cade | David Cade | 58,447 |
| Darren Patti | Darren Patti | 44,398 |
Please provide a URL link for a document lodged with ASX detailing the terms of the +employee incentive scheme or a summary of the terms
Refer to Telix Equity Incentive Plan Rules accessible at https://ir.telixpharma.com/governance/documents-charters and 2022 and 2023 Remuneration reports within the Telix 2022 and 2023 Annual Reports, respectively, accessible here https:/ /ir.telixpharma.com/reports
Any other information the entity wishes to provide about the +securities the subject of this notification
For administrative purposes, Telix is issuing additional Performance Share Appreciation Rights (PSARs) to eligible employees (other than the CEO) in accordance with its 2023 and 2024 long term incentive plan offer terms, to reflect the maximum 150% eligibility (at stretch target, subject to performance against the milestones and other conditions disclosed in Telix 2022 and 2023 Remuneration reports within Telix 2022 and 2023 Annual Reports, respectively, accessible here ht tps://ir.telixpharma.com/reports). Any PSAR grants that are not capable of vesting following testing at the appropriate times will lapse.
Issue details
Number of +securities
4,133,200
Additional +securities in an existing class issued under an +employee incentive scheme
Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities
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Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities
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ASX +security code and description TLXAP : SHARE RIGHTS
Date the +securities the subject of this notification were issued
1/11/2024
Will these +securities rank equally in all respects from their issue date with the existing issued +securities in that class Yes
Were any of the +securities issued to +key management personnel (KMP) or an +associate? No
Please provide a URL link for a document lodged with ASX detailing the terms of the +employee incentive scheme or a summary of the terms
Refer to Telix Equity Incentive Plan Rules accessible at https://ir.telixpharma.com/governance/documents-charters
Any other information the entity wishes to provide about the +securities the subject of this notification
Retention rights granted to certain Telix employees: - Share rights in two tranches at zero exercise price, 100% maximum vesting subject to service conditions being met and individual performance - Total number granted: 314,000 share rights 157,000 zero-priced rights, restricted to 31 October 2027 (3 year retention period), and subject to testing/vesting on 1 November 2027; and 157,000 zero-priced rights, restricted to 31 October 2028 (4 year retention period), and subject to testing/vesting on 1 November 2028.
- Exercise period: all employees (excluding US): 2 years from the vesting date. For US employees: auto-exercise at the end of the restriction period (in November 2027 and November 2028, respectively)
Issue details
Number of +securities 314,000
Additional +securities in an existing class issued under an +employee incentive scheme
ASX +security code and description
TLXAO : SHARE APPRECIATION RIGHTS
Date the +securities the subject of this notification were issued
21/10/2024
Will these +securities rank equally in all respects from their issue date with the existing issued +securities in that class Yes
Were any of the +securities issued to +key management personnel (KMP) or an +associate? No
Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities
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Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities
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Please provide a URL link for a document lodged with ASX detailing the terms of the +employee incentive scheme or a summary of the terms
Refer to Telix's Remuneration report, within its 2023 Annual Report accessible at https://ir.telixpharma.com/reports, and Telix Equity Incentive Plan Rules accessible at https://ir.telixpharma.com/governance/documents-charters Any other information the entity wishes to provide about the +securities the subject of this notification
Performance Share Appreciation Rights (PSARs) (exercise price: $18.45) granted to Telix employees under the Telix long term incentive plan. Vesting in March 2027 is subject to achievement of performance conditions and the terms of the Telix Equity Incentive Plan rules, with a measurement period of 2024-2026. Exercise period of 2 years from vesting.
Issue details Number of +securities 1,155,107
Additional +securities in an existing class issued under an +employee incentive scheme ASX +security code and description TLXAO : SHARE APPRECIATION RIGHTS Date the +securities the subject of this notification were issued 21/10/2024 Will these +securities rank equally in all respects from their issue date with the existing issued +securities in that class Yes Were any of the +securities issued to +key management personnel (KMP) or an +associate? No Please provide a URL link for a document lodged with ASX detailing the terms of the +employee incentive scheme or a summary of the terms Refer to Telix Equity Incentive Plan Rules accessible at https://ir.telixpharma.com/governance/documents-charters Any other information the entity wishes to provide about the +securities the subject of this notification Performance Share Appreciation Rights (PSARs) (exercise price: $18.45) granted to Telix employees under the Telix long term incentive plan. Vesting in March 2028 is subject to achievement of performance conditions and the terms of the Telix Equity Incentive Plan rules, with a measurement period of 1 January 2025 to 21 December 2027. Exercise period of 2 years from vesting.
Issue details
Number of +securities 300,000
Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities
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Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities
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Part 4 - +Securities on issue
Following the issue, conversion or payment up of the +securities the subject of this notification, the +securities of the entity will comprise:
The figures in parts 4.1 and 4.2 below are automatically generated and may not reflect the entity's current issued capital if other Appendix 2A, Appendix 3G or Appendix 3H forms are currently with ASX for processing.
4.1 Quoted +securities (Total number of each +class of +securities issued and quoted on ASX)
| Total number of | |
|---|---|
| ASX +security code and description | +securities on issue |
| TLX : ORDINARY FULLY PAID | 334,683,357 |
| 4.2 Unquoted +securities (Total number of each +class of +securities issued but not quoted on ASX) | |
| Total number of | |
| ASX +security code and description | +securities on issue |
| TLXAQ : SHARE RIGHTS EXPIRING 13-JUN-2027 EX NIL | 80,000 |
| TLXAR : PERFORMANCE RIGHTS | 6,807,720 |
| TLXAP : SHARE RIGHTS | 1,743,000 |
| TLXAO : SHARE APPRECIATION RIGHTS | 16,097,220 |
| TLXAT : CONVERTIBLE NOTES | 3,250 |
| TLXAM : OPTION EXPIRING 20-JUL-2026 EX $5.37 | 404,992 |
| TLXAN : SHARE RIGHTS EXPIRING 20-JUL-2026 EX NIL | 100,000 |
| TLXAL : OPTION EXPIRING 27-JAN-2026 EX $4.38 | 349,361 |
| TLXAS : PERFORMANCE SHARE INCENTIVE RIGHTS | 440,000 |
4.2 Unquoted +securities (Total number of each +class of +securities issued but not quoted on ASX)
Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities
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Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities
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Part 5 - Other Listing Rule requirements
5.1 Were the +securities issued under an exception in Listing Rule 7.2 and therefore the issue did not need any security holder approval under Listing Rule 7.1? Yes
5.1a Select the number of the applicable exception in Listing Rule 7.2
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Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities
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