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8COMMON LIMITED Capital/Financing Update 2022

Jul 6, 2022

64263_rns_2022-07-06_1411b362-8c77-49d7-a10b-4bdde62800aa.pdf

Capital/Financing Update

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Application for quotation of +securities

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Announcement Summary

Entity name

8COMMON LIMITED

Announcement Type

New announcement

Date of this announcement

Thursday July 07, 2022

The +securities to be quoted are:

+Securities issued, transferred or re-classified as a result of options being exercised or other +convertible securities being converted

Total number of +securities to be quoted

ASX +security Number of +securities to
code Security description be quoted Issue date
8CO ORDINARY FULLY PAID 694,948 07/07/2022

Refer to next page for full details of the announcement

Application for quotation of +securities

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Application for quotation of +securities

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Part 1 - Entity and announcement details

1.1 Name of entity

8COMMON LIMITED

We (the entity named above) apply for +quotation of the following +securities and agree to the matters set out in Appendix 2A of the ASX Listing Rules.

1.2 Registered number type

ACN

Registration number

168232577

1.3 ASX issuer code

8CO

1.4 The announcement is

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New announcement

1.5 Date of this announcement

7/7/2022

Application for quotation of +securities

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Application for quotation of +securities

Part 2 - Type of Issue

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2.1 The +securities to be quoted are:

+Securities issued, transferred or re-classified as a result of options being exercised or other +convertible securities being converted

2.2 The +securities to be quoted are:

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Additional +securities in a class that is already quoted on ASX ("existing class")

Application for quotation of +securities

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Application for quotation of +securities

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Part 3B - number and type of +securities to be quoted (existing class) where issue has not previously been notified to ASX in an Appendix 3B

Existing +securities converting into additional +securities in an existing class

FROM (Existing Class) ASX +security code and description 8COAL : OPTION EXPIRING 04-JUL-2022 EX NIL

TO (Existing Class) ASX +security code and description 8CO : ORDINARY FULLY PAID

Please state the number of options The first date the options were The last date the options were
that were exercised or other exercised or other +convertible exercised or other +convertible
+convertible securities that were securities were converted securities were converted
converted 30/6/2022 30/6/2022
694,948

Is this all of the options or other +convertible securities on issue of that type (ie have all of those options now been exercised or have all of those convertible securities now been converted)? Yes

The right of the holder of the options or other +convertible securities to receive the +underlying securities is being satisfied by:

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An issue of new +securities

The underlying securities being received by the holder are: Intended to be, but are not yet, quoted by ASX

Were the options being exercised or other +convertible securities being converted issued under an +employee incentive scheme? Yes

Are any of the options being exercised or other +convertible securities being converted held by +key management personnel (KMP) or an +associate? Yes

Provide details of the KMP or +associates who are exercising options or converting convertible securities

Number of options being exercised
or other +convertible securities
Name of KMP Name of registered holder being converted
Andrew Bond Lalaa Holdings Pty Ltd 52,373
Ben Brockhoff EMBA Enterprises Pty Ltd 60,337
Rory Koehler Firma Online Trading Pte Ltd 109,090
Zoran Grujic Castlereagh Holdings Pty Ltd 63,636

Application for quotation of +securities

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Application for quotation of +securities

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Issue date

7/7/2022

Will the +securities to be quoted rank equally in all respects from their issue date with the existing issued +securities in that class?

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Yes

Issue details

Number of +securities to be quoted

694,948

Are the +securities being issued for a cash consideration?

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No

Please describe the consideration being provided for the +securities

The options are exercised for nil consideration.

Please provide an estimate (in AUD) of the value of the consideration being provided per +security for the +securities to be quoted

0.000000

Any other information the entity wishes to provide about the +securities to be quoted

The Company issued the options to employees in lieu of a cash bonus. The Company calculated the employees' entitlements by dividing the proposed net cash bonus by the Company's share price at close of trade on 30 June 2022; $0.11. The terms of the options provided for the exercise for nil consideration.

Application for quotation of +securities

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Application for quotation of +securities

Part 4 - Issued capital following quotation

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Following the quotation of the +securities the subject of this application, the issued capital 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 on ASX following the +quotation of the +securities subject of this application)

Total number of
ASX +security code and description +securities on issue
8CO : ORDINARY FULLY PAID 222,254,704
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
8COAD : OPTION EXPIRING 30-JUN-2023 EX 9.1C 1,465,054
8COAK : OPTION EXPIRING 31-MAY-2025 EX $0.13 6,740,000
8COAL : OPTION EXPIRING 04-JUL-2022 EX NIL 0
8COAE : OPTION EXPIRING 15-DEC-2024 EX $0.20 450,000
8COAF : OPTION EXPIRING 31-AUG-2024 EX $0.30 2,000,000
8COAG : OPTION EXPIRING 30-NOV-2024 EX $0.16 1,175,000
8COAJ : OPTION EXPIRING 30-JUN-2024 EX $0.16 6,075,000

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

Application for quotation of +securities

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