5G NETWORKS LIMITED. — Share Issue/Capital Change 2021

Jul 18, 2021

Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

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Announcement Summary

Entity name

WEBCENTRAL GROUP LIMITED.

Date of this announcement

Monday July 19, 2021

The +securities the subject of this notification are:

+Securities issued under an +employee incentive scheme that are subject to a restriction on transfer and are not being quoted on ASX until the restriction ends

Total number of +securities to be issued/transferred

		Total number of
ASX +security		+securities to be
code	Security description	issued/transferred	Issue date
New class - code	WCG Options Expiring 15 July 2026 Exercise	4,950,000	15/07/2021
to be confirmed	Price $0.45

Refer to next page for full details of the announcement

Notification of Issue, Conversion or Payment up of Unquoted E it S iti

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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

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Part 1 - Entity and announcement details

1.1 Name of entity

WEBCENTRAL GROUP LIMITED.

We (the entity named above) give notice of the issue, conversion or payment up of the following unquoted +securities.

1.2 Registered number type

ABN

Registration number

21073716793

1.3 ASX issuer code

WCG

1.4 The announcement is

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New announcement

1.5 Date of this announcement

19/7/2021

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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

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Part 2 - Issue details

2.1 The +securities the subject of this notification are:

+Securities issued under an +employee incentive scheme that are subject to a restriction on transfer and are not being quoted on ASX until the restriction ends

2.2a This notification is given in relation to an issue of +securities in a class which is not quoted on ASX and which:

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does not have an existing ASX security code ("new class")

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Part 3C - number and type of +securities the subject of this notification (new class) where issue has not previously been notified to ASX in an Appendix 3B

New +securities issued under an +employee incentive scheme

ASX +security code New class - code to be confirmed	+Security description WCG Options Expiring 15 July 2026 Exercise Price $0.45
+Security type	ISIN code
Options

Date the +securities the subject of this notification were issued 15/7/2021

Will all the +securities issued in this class rank equally in all respects from their issue date? Yes

Were any of the +securities issued to +key management personnel (KMP) or an +associate? Yes

Provide details of the KMP or +associates being issued +securities.

Name of KMP	Name of registered holder	Number of +securities
Glen Dymond	Dymondo Pty Ltd	300,000
Garry White	Bucwit Pty Ltd	1,300,000

Have you received confirmation from ASX that the terms of the +securities are appropriate and equitable under listing rule 6.1? No

Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being issued. Attached

Options Details

+Security currency Exercise price Expiry date AUD - Australian Dollar AUD 0.45000000 15/7/2026

Details of the existing class of +security that will be issued upon exercise or conversion of this new class of company option

Other

Notification of Issue, Conversion or Payment up of Unquoted E it S iti

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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

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Description

WCG Ordinary Shares

Please provide a URL link for a document lodged with ASX detailing the terms of the +employee incentive scheme or a summary of the terms

• https://www.webcentralgroup.com.au/investors/corporate governance/

Any other information the entity wishes to provide about the +securities the subject of this notification

Issue details

Number of +securities

4,950,000

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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

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Part 4 - +Securities on issue

Following the issue, conversion or payment up of the +securities the subject of this application, the +securities of the entity will comprise:

(A discrepancy in these figures compared to your own may be due to a matter of timing if there is more than one application for quotation/issuance currently with ASX for processing.)

4.1 Quoted +Securities (Total number of each +class of +securities quoted)

	Total number of
ASX +security code and description	+securities on issue
WCG : ORDINARY FULLY PAID	155,365,679
4.2 Unquoted +Securities (Total number of each +class of +securities issued but not quoted on ASX)
	Total number of
ASX +security code and description	+securities on issue
WCGAC : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES	1,250,000
WCGAE : OPTION EXPIRING 30-MAR-2024 EX $0.45	750,000
WCGAD : OPTION EXPIRING 30-MAR-2026 EX $0.45	100,000
WCGAB : OPTION EXPIRING 18-DEC-2025 EX $0.20	2,000,000
WCGAA : PERFORMANCE RIGHTS	10,000,000
New class - code to be confirmed : WCG Options Expiring 15 July 2026 Exercise Price	4,950,000
$0.45

4.2 Unquoted +Securities (Total number of each +class of +securities issued but not quoted on ASX)

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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

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Part 5 - Other Listing Rule requirements

5.1 Were the +securities issued under an exception in Listing Rule 7.2 and therefore the issue did not need any security holder approval under Listing Rule 7.1? Yes

5.1a Select the number of the applicable exception in Listing Rule 7.2

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