Fremont, California and Sydney, Australia; 10 January 2020 — Pivotal Systems Corporation (“Pivotal” or the “Company”) (ASX: PVS) attaches an Appendix 3G in respect of the issue of unquoted options (“Options”) under its 2012 Equity Incentive Plan.
For the purposes of ASX Listing Rule 18.7, Pivotal recently discovered that the issue of Options, which occurred on 2 September 2019 (PST), had not been disclosed immediately to the ASX as required at that time due to an administrative oversight. The Company confirms that it has reviewed its internal practices and believes that its disclosure arrangements are adequate and are being enforced and that this is an isolated event which does not involve a material breach of the ASX Listing Rules.
THIS RELEASE DATED 9 JANUARY 2020 HAS BEEN AUTHORISED FOR LODGEMENT TO ASX BY THE BOARD OF DIRECTORS OF PIVOTAL SYSTEMS.
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