Additional Listing
September 02 2005 - 3:31AM
UK Regulatory
RNS Number:7469Q
Ballarat Goldfields N.L.
02 September 2005
BALLARAT GOLDFIELDS NL
ASX and Media release: 2 September 2005
ISSUE OF EMPLOYEE OPTIONS
Ballarat Goldfields NL (BGF) advises that it has resolved today to issue options
to an employee, who is not a director of BGF, to subscribe for shares in the
capital of BGF at 25 cents, expiring 30 September 2008. A total of 1.5 million
options are to be issued with one third of the options exercisable at anytime;
one third of the options exercisable after 30 September 2006; and one third of
the options exercisable after 30 September 2007.
The purpose of the issue is to provide an incentive to a key employee for the
benefit of BGF and no shareholder approval for the issue is required. The
Appendix 3B in this regard is attached.
Rule 2.7, 3.10.3, 3.10.4, 3.10.5
Appendix 3B
New issue announcement,
application for quotation of additional securities
and agreement
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 1/7/96. Origin: Appendix 5. Amended 1/7/98, 1/9/99, 1/7/2000, 30/9/
2001, 11/3/2002, 1/1/2003.
Name of entity
BALLARAT GOLDFIELDS NL
ABN
50 006 245 441
We (the entity) give ASX the following information.
Part 1 - All issues
You must complete the relevant sections (attach sheets if there is not enough
space).
1 +Class of +securities Employee Options
issued or to be issued
2 Number of +securities 1,500,000
issued or to be issued (if
known) or maximum number
which may be issued
3 Principal terms of the + Options:
securities (eg, if
options, exercise price Exercisable at 25 cents
and expiry date; if partly
paid +securities, the Expiry Date 30 September 2008
amount outstanding and due
dates for payment; if + Exercisable from the following:
convertible securities,
the conversion price and One third exercisable immediately;
dates for conversion)
One third exercisable at any time
after 30 September 2006; and one
third exercisable at any time after
30 September 2007.
4 Do the +securities rank No
equally in all respects from
the date of allotment with an
existing +class of quoted +
securities?
If the additional securities
do not rank equally, please
state:
* the date from which
they do
* the extent to which
they participate for the next
dividend, (in the case of a
trust, distribution) or
interest payment
* the extent to which
they do not rank equally,
other than in relation to the
next dividend, distribution
or interest payment
5 Issue price or consideration NIL
Purpose of the issue Employee Options issue to one employee
who is not a director.
(If issued as consideration
6 for the acquisition of
assets, clearly identify
those assets)
7 Dates of entering + 2 September 2005
securities into
uncertificated holdings or
despatch of certificates
Number +Class
8 Number and +class of all + 811,224,195 Ordinary Shares
securities quoted on ASX
(including the securities
in clause 2 if applicable)
201,149,129 Options
Number +Class
9 Number and +class of all Directors Options
+securities not quoted on Exercisable up to 30
ASX (including the 11,000,000 September 2007 from the
securities in clause 2 if following dates at the
applicable) following exercise
prices:
At any time One third
exercisable at an
exercise price of 12
cents; At any time one
third exercisable at an
exercise price of 13
cents; One third
exercisable from 30
September 2005 at an
exercise price of 15
cents
2,000,000 Employee Options
Exercisable At 17.25
Cents Per Option Expiry
Date 30 September 2007
2,666,668 Employee Options
Exercisable At 4.72 Cents
Per Option Expiry Date 30
September 2006
5,000,000 RFC Options Exercisable
At 3.45 Cents Per Option,
Expiry Date 30 September
2006.
5,000,000 RFC & Numis Options
Exercisable At 15.0 Cents
Per Option, Expiry Date:
2 December 2007.
1,500,000 Employee Options
Exercisable At 25 Cents
Per Option
Expiry Date 30 September
2008
10 Dividend policy (in the N/A
case of a trust,
distribution policy) on
the increased capital
(interests)
Part 2 - Bonus issue or pro rata issue - (not applicable)
11 Is security holder
approval required?
12 Is the issue renounceable
or non-renounceable?
13 Ratio in which the +
securities will be offered
14 +Class of +securities to
which the offer relates
15 +Record date to determine
entitlements
16 Will holdings on different
registers (or
subregisters) be
aggregated for calculating
entitlements?
17 Policy for deciding
entitlements in relation
to fractions
18 Names of countries in
which the entity has +
security holders who will
not be sent new issue
documents
Note: Security holders
must be told how their
entitlements are to be
dealt with.
Cross reference: rule 7.7.
19 Closing date for receipt
of acceptances or
renunciations
20 Names of any underwriters
21 Amount of any underwriting
fee or commission
22 Names of any brokers to
the issue
23 Fee or commission payable
to the broker to the issue
24 Amount of any handling fee
payable to brokers who
lodge acceptances or
renunciations on behalf of
+security holders
25 If the issue is contingent
on +security holders'
approval, the date of the
meeting
26 Date entitlement and
acceptance form and
prospectus or Product
Disclosure Statement will
be sent to persons
entitled
27 If the entity has issued
options, and the terms
entitle option holders to
participate on exercise,
the date on which notices
will be sent to option
holders
28 Date rights trading will
begin (if applicable)
29 Date rights trading will
end (if applicable)
30 How do +security holders
sell their entitlements in
full through a broker?
31 How do +security holders
sell part of their
entitlements through a
broker and accept for the
balance?
32 How do +security holders
dispose of their
entitlements (except by
sale through a broker)?
33 +Despatch date
Part 3 - Quotation of securities
You need only complete this section if you are applying for quotation of
securities
34 Type of securities
(tick one)
(a) Securities described in Part 1
(b) All other securities
Example: restricted securities at the end of the escrowed
period, partly paid securities that become fully paid,
employee incentive share securities when restriction ends,
securities issued on expiry or conversion of convertible
securities
Entities that have ticked box 34(a)
Additional securities forming a new class of securities
Tick to indicate you are providing
the information or documents
35 If the +securities are +equity securities, the names of the
20 largest holders of the additional +securities, and the
number and percentage of additional +securities held by
those holders
36 If the +securities are +equity securities, a distribution
schedule of the additional +securities setting out the
number of holders in the categories
1 - 1,000
1,001 - 5,000
5,001 - 10,000
10,001 - 100,000
100,001 and over
37 A copy of any trust deed for the additional +securities
Entities that have ticked box 34(b)
38 Number of securities for
which +quotation is sought
39 Class of +securities for
which quotation is sought
40 Do the +securities rank
equally in all respects
from the date of allotment
with an existing +class of
quoted +securities?
If the additional
securities do not rank
equally, please state:
* the date from
which they do
* the extent to
which they participate for
the next dividend, (in the
case of a trust,
distribution) or interest
payment
* the extent to
which they do not rank
equally, other than in
relation to the next
dividend, distribution or
interest payment
41 Reason for request for
quotation now
Example: In the case of
restricted securities, end
of restriction period
(if issued upon conversion
of another security,
clearly identify that
other security)
Number +Class
42 Number and +class of all +
securities quoted on ASX
(including the securities
in clause 38)
Quotation agreement
1 +Quotation of our additional +securities is in ASX's absolute discretion. ASX
may quote the +securities on any conditions it decides.
2 We warrant the following to ASX.
* The issue of the +securities to be quoted complies with the law and is not for
an illegal purpose.
* There is no reason why those +securities should not be granted +quotation.
* An offer of the +securities for sale within 12 months after their issue will
not require disclosure under section 707(3) or section 1012C(6) of the
Corporations Act.
Note: An entity may need to obtain appropriate warranties from subscribers for
the securities in order to be able to give this warranty
* Section 724 or section 1016E of the Corporations Act does not apply to any
applications received by us in relation to any +securities to be quoted and that
no-one has any right to return any +securities to be quoted under sections 737,
738 or 1016F of the Corporations Act at the time that we request that the +
securities be quoted.
* We warrant that if confirmation is required under section 1017F of the
Corporations Act in relation to the +securities to be quoted, it has been
provided at the time that we request that the +securities be quoted.
* If we are a trust, we warrant that no person has the right to return the +
securities to be quoted under section 1019B of the Corporations Act at the time
that we request that the +securities be quoted.
3 We will indemnify ASX to the fullest extent permitted by law in respect of any
claim, action or expense arising from or connected with any breach of the
warranties in this agreement.
4 We give ASX the information and documents required by this form. If any
information or document not available now, will give it to ASX before +quotation
of the +securities begins. We acknowledge that ASX is relying on the information
and documents. We warrant that they are (will be) true and complete.
(Managing Director) Date: 2 September 2005
Print name: RICHARD LAUFMANN
== == == == ==
This information is provided by RNS
The company news service from the London Stock Exchange
END
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