ABN 61 058 454 569
ICON ENERGY LIMITED
2015 Annual Report
65
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2015
65
FOR THE YEAR ENDED 30 JUNE 2015
$
$
615,774,351
102,724,971 533,391,210 83,842,452
•
-
-
80,318,393 18,874,823
•
-
-
2,064,748
474,892
•
-
-
-
(467,196)
•
2,943,152
382,610
-
-
•
(7,324,919)
(532,423)
-
-
•
(4,366,434)
(229,076)
-
-
607,026,150
102,346,082 615,774,351 102,724,971
NOTE 12 - SHARE BASED PAYMENTS
Refer to Note 3 Key Management Personnel remuneration and the remuneration report.
Capital Raising Costs
The exercise price is nil.
Balance at beginning of the year
Shares issued:
NOTE 11 - ISSUED CAPITAL
Performance rights issued under STI and LTI performance plan (approved at the AGM) are recognised on the date the service
are provided from each key management personnel.
2015
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
December 2013 - Shares issued for cash
Fully Paid Shares
30 JUNE 2014
There were no performance rights granted during the period ended 30 June 2015.
Balance at the end of the year
November 2014 - Shares issued under Employee
Share Ownership Plan
April 2015 - Share buyback
June 2015 - Share buyback
Set out below is a summary of performance rights granted under the plan:
Under the plan, participants are granted rights which only vest if certain performance standards are met. Participation in the
plan is at the board's discretion and no individual has a contractual right to participate in the plan or to receive any guaranteed
benefits.
August 2013 - Shares issued under Employee
Share Ownership Plan
The holders of ordinary shares are entitled to receive dividends as declared and are entitled to one vote per share at
shareholders’ meetings. In the event of winding up the company, all shareholders participate in the proceeds from the sale of
all surplus assets in proportion to the number of and amounts paid up on shares held.
The amount of rights that will vest depends on the extent the performance criteria are met and are granted under the plan for
no consideration. Rights granted under the plan carry no dividend or voting rights. When exercisable, each right is convertible
into one ordinary share.
Authorised and Issued Share Capital
Number of
shares
Number of
shares
Issued share capital 607,026,150 (30 June 2014: 615,774,351) fully paid, no par value ordinary shares.
30 JUNE 2015
