89 Westgold Resources Limited Annual Report 2023 25.ISSUED CAPITAL 2023 2022 (a) Ordinary Shares Issued and fully paid 462,997,480 463,468,148 Number $ (b) Movements in ordinary shares on issue At 1 July 2021 423,925,206 364,077,523 Issued share capital 48,000,000 100,800,000 Issued share capital on exercise of rights (f) 332,332 – Issued share capital under dividend reinvestment plan 1,365,192 2,157,835 Share issue costs, net of tax – (3,567,210) At 30 June 2022 473,622,730 463,468,148 Issued share capital on exercise of listed rights – – Issued share capital under dividend reinvestment plan – – Issued share capital – – Share issue costs, net of tax – (470,668) At 30 June 2023 473,622,730 462,997,480 (c) Terms and conditions of contributed equity Holders of ordinary shares are entitled to receive dividends as declared from time to time and are entitled to one vote per share at shareholder meetings. In the event of winding up the Company the holders are entitled to participate in the proceeds from the sale of all surplus assets in proportion to the number of and amounts paid up on shares held. Effective 1 July 1998, the Corporations legislation in place abolished the concepts of authorised capital and par share values. Accordingly, the Parent does not have authorised capital nor par value in respect of its issued shares. (d) Escrow restrictions There are no current escrow restrictions on the issued capital of the Company. (e) Performance Rights on issue Unissued ordinary shares of the Company under performance rights at the date of this report are as follows: Type Expiry Date Exercise Price Number of performance rights Unlisted - Tranche 5 (i) 30/06/2024 Nil 1,161,058 Unlisted - Tranche 6 (i) 30/06/2025 Nil 2,567,547 Total 3,728,605 (i) Rights issued pursuant to the Westgold Resources Limited Employee Share Performance Rights Plan.
RkJQdWJsaXNoZXIy MjE2NDg3