20974 29Metals AR23 WEB V1 - Flipbook - Page 198
29Metals 2023 Annual Report
194
Consolidated Financial Statements continued
119
29Metals Appendix 4E and Annual Financial Report for 29Metals Limited and its Controlled Entities for the year ended 31 December 2023
Consolidated Financial Statements
Note 34: Share-based payments (continued)
(e) Movements in the number of performance rights awarded
et out in the table belo is a summary of movements in the number of erformance i hts a arded.
Number of Performance Rights
SOI Tranche 1
A arded durin the period
,0 2,
apsed durin the period
SOI Tranche 2
,0 2,
,4 4
ĂůĂŶĐĞĂƚϯϭĞĐĞŵďĞƌϮϬϮϭ
ϴϵϯ͕Ϯϯϯ
2021 LTI
2022 LTI
2022 STI
2023 LTI
2023 STI
a
a
a
a
a
a
a
a
EͬĂ
EͬĂ
EͬĂ
Ϯ͕ϰϲϴ͕ϵϱϱ
EͬĂ
EͬĂ
2,0 , 4
2 ,4
a
a
2 ,4
,
a
a
2,4
a
a
EͬĂ
EͬĂ
, 04
,
ϴϴϰ͕ϲϭϴ
ϲϵϭ͕ϭϬϰ
A arded durin the period
EͬĂ
,
A arded on 24 May 2022 to the
Mana in irector C
apsed durin the period
2 , 42
ested durin the period
2,
4,
4
,4 2
400,
4
4,
ĂůĂŶĐĞĂƚϯϭĞĐĞŵďĞƌϮϬϮϮ
Ͳ
ϲϵϭ͕ϴϲϮ
ϲϳϲ͕ϱϳϬ
ϭ͕ϴϱϳ͕ϲϭϴ
ϰϬϬ͕ϯϲϰ
A arded durin the period
Ͳ
Ͳ
Ͳ
Ͳ
Ͳ
A arded on une 202 to the
Mana in irector C
20,2
ested durin the period
,
ĂůĂŶĐĞĂƚϯϭĞĐĞŵďĞƌϮϬϮϯ
2,
.
2.
2
,
,4
4
,2
4,
ϯ͕ϲϮϲ͕ϰϭϰ
4,
2
2
Ͳ
ϲϰϯ͕ϲϱϰ
ϭ͕ϱϴϯ͕ϳϰϵ
2, 2
4 , 04
Ͳ
Ͳ
ϰϲϬ͕ϳϮϴ
ϭ͕ϰϯϴ͕ϰϰϱ
, 02
42 ,
, 4
,4
, 0
Ͳ
ransition note 4 b vi
4
2,
,4 4
2 ,4
42 ,
apsed durin the period
C
,4
2,
Total
2,
,0 ,4
Ͳ
Ϯ͕ϱϯϬ͕ϴϯϰ
Ͳ
Ϯ͕ϭϬϯ͕ϰϲϴ
Ϯ͕ϭϯϴ͕Ϯϴϵ
ϲ͕ϴϵϲ͕ϱϮϲ
Ϯ͕ϭϯϴ͕Ϯϴϵ
ϲ͕ϭϰϬ͕ϵϯϬ
42 ,
,
ncludes 2, 2 performance ri hts a arded to the Mana in irector C , as approved by shareholders at the Company’s 2022 AGM.
ncludes 0 ,0 0 performance ri hts proposed to be a arded to Mr Albert under the 202
hich are subject to shareholder approval at the Company’s 2024 AGM and, if
a arded, ill remain subject to the vestin period in accordance ith the 202
A ard. f shareholder approval is not obtained, the e uity component ill be delivered as
cash, hich payment is also subject to the 202
vestin period.
n
ecember 202 , the performance conditions applicable to the 2022
performance ri hts a ard have been satisfied and ne shares upon vestin of the performance
ri hts of
, 0 are e pected to be issued and allocated on or about the date of this eport. pon the issue of the ne shares, 4 ,000 ill be transferred from the hare
based payment eserve to Contributed uity.
All unvested performance ri hts a arded to Mr Albert under the 202 , 2022 and 202
ill be forfeited on Mr Albert’s retirement on 0 April 2024 and lapse unvested. An
amount of
2,000 relatin to share based payment e penses in respect of the 202 and 2022 financial years has been reversed in the year ended
ecember 202 in
respect of the 202 and 2022 .
.
4.
(f) Share-based payment expense recognised
et out in the table belo is the share based payment e pense reco nised.
Expense recognised
Year ended $’000
SOI
Tranche 1
ecember 202
,
ecember 2022
2
ecember 202
dŽƚĂů
119
SOI
Tranche 2
2021
LTI
2022
LTI
2022
STI
2022
NED
2023
LTI
2023
STI
2023
NED
a
a
a
a
a
a
, 4
04
a
a
a
,
02
a
02
ϰϵϳ
ϯϬϰ
ϯϬϮ
4
4
4
0
24
ϭ͕ϲϯϱ
ϭ͕ϰϮϮ
ϱϭϮ
ϭ͕Ϯϰϲ
20
ϯϯϲ
ϴϮϬ
Total
,
ϳ͕Ϭϳϰ
