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CHALLENGER LIMITED — Director's Dealing 2021
Sep 26, 2021
64641_rns_2021-09-26_abb2a0c2-cd4e-44f6-a912-bcaf3f2f1408.pdf
Director's Dealing
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Appendix 3Y Change of Director’s Interest Notice
Rule 3.19A.2
Appendix 3Y Change of Director’s Interest Notice
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 30/09/01 Amended 01/01/11
| Name of entity | Challenger Limited |
|---|---|
| ABN | 85 106 842 371 |
We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.
| Name of Director | Richard Howes |
|---|---|
| Date of last notice | 6 September 2021 |
Part 1 - Change of director’s relevant interests in securities
In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust
Note: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should be disclosed in this part.
| Direct or indirect interest | Direct and indirect |
|---|---|
| Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest. |
• 100,000 ordinary shares held via Howes Custodial Pty Ltd as trustee for Howes Super Fund (Super Fund). • Investments in financial products issued by related bodies corporate of Challenger Limited being $2,500,000 of Guaranteed Annuities issued by Challenger Life Company Limited (including an annuity for his spouse). |
| Date of change | 20, 21, 22 and 23 September 2021 |
| No. of securities held prior to change | • 561,106 ordinary shares • 445,648 ordinary shares held via the Super Fund. • Investments in financial products issued by related bodies corporate of Challenger Limited namely $2,500,000 of Guaranteed Annuities issued by Challenger Life Company Limited (including an annuity for his spouse). |
| Class | N/A |
- See chapter 19 for defined terms.
Appendix 3Y Page 1
01/01/2011
Appendix 3Y Change of Director’s Interest Notice
| Number acquired | N/A |
|---|---|
| Number disposed | • 199,514 ordinary shares • 345,648 ordinary shares held via the Super Fund |
| Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation |
In respect of the ordinary shares held directly: • 4,506 shares at $6.35 per share • 31,596 shares at $6.15 per share • 37,363 shares at $6.07 per share • 33,999 shares at $6.09 per share • 34,360 shares at $6.12 per share • 33,930 shares at $6.20 per share • 23,760 shares at $6.22 per share In respect of the ordinary shares held by the Super Fund: • 46,083 shares at $6.22 per share • 62,408 shares at $6.21 per share • 65,000 shares at $6.17 per share • 35,000 shares at $6.12 per share • 40,239 shares at $6.23 per share • 45,000 shares at $6.27 per share • 30,648 shares at $6.25 per share • 20,000 shares at $6.24 per share • 1,270 shares at $6.215 per share |
| No. of securities held after change | • 361,592 ordinary shares • 100,000 ordinary shares held via the Super Fund. • Investments in financial products issued by related bodies corporate of Challenger Limited namely $2,500,000 of Guaranteed Annuities issued by Challenger Life Company Limited (including an annuity for his spouse). |
| Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back |
On-market trade |
Part 2 – Change of director’s interests in contracts
Note: In the case of a company, interests which come within paragraph (ii) of the definition of “notifiable interest of a director” should be disclosed in this part.
| Detail of contract | As previously disclosed, Mr Howes holds 1,622,991 Performance Rights comprising: • 124,869 Deferred Performance Share Rights; and • 1,498,122 Hurdled Performance Share Rights. |
|---|---|
| Nature of interest | N/A |
- See chapter 19 for defined terms.
Appendix 3Y Page 2
01/01/2011
Appendix 3Y Change of Director’s Interest Notice
| Name of registered holder (if issued securities) |
N/A |
|---|---|
| Date of change | 27 September 2021 |
| No. and class of securities to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed |
N/A |
| Interest acquired | 73,756 Restricted Shares |
| Interest disposed | N/A |
| Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation |
Grant of Restricted Shares based on an approx. value of $6.44 per share |
| Interest after change | 1,696,747 Performance Rights and Restricted Shares comprising: • 124,869 Deferred Performance Share Rights; • 1,498,122 Hurdled Performance Share Rights; and • 73,756 Restricted Shares |
Part 3 –[+] Closed period
| Were the interests in the securities or contracts detailed above traded during a +closed period where prior written clearance was required? |
No |
|---|---|
| If so, was prior written clearance provided to allow the trade to proceed during this period? |
N/A |
| If prior written clearance was provided, on what date was this provided? |
N/A |
- See chapter 19 for defined terms.
Appendix 3Y Page 3
01/01/2011