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8COMMON LIMITED Share Issue/Capital Change 2020

Dec 14, 2020

64263_rns_2020-12-14_85e6216e-bd7c-477a-9ab1-eed8f2420236.pdf

Share Issue/Capital Change

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Appendix 3G Notification of issue, conversion or payment up of equity +securities

+Rule 3.10.3A, 3.10.3B, 3.10.3C

Appendix 3G

Notification of issue, conversion or payment up of equity +securities

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.

If you are an entity incorporated outside Australia and you are issuing a new class of +securities other than CDIs, you will need to obtain and provide an International Securities Identification Number (ISIN) for that class. Further information on the requirement for the notification of an ISIN is available from the Create Online Forms page. ASX is unable to create the new ISIN for non-Australian issuers.

*Denotes minimum information required for first lodgement of this form, with exceptions provided in specific notes for certain questions. The balance of the information, where applicable, must be provided as soon as reasonably practicable by the entity.

Part 1 - Entity and announcement details

1.1 *Name of entity 8Common Limited 8Common Limited
We (the entity here named) give notice of the
issue, conversion or payment up of the following
unquoted+securities.
1.2 *Registration type and number ABN 51 168 232 577
Please supply your ABN, ARSN, ARBN, ACN or
another registration type and number (if you
supply another registration type, please specify
both the type of registration and the registration
number).
1.3 *ASX issuer code 8CO
1.4 *This announcement is
Tick whichever is applicable. (X) A new announcement
( ) An update/amendment to a previous
announcement
( ) A cancellation of a previous
announcement
1.4a *Reason for update N/A
1.4b *Date of previous announcement to
this update
N/A
1.4c *Reason for cancellation N/A
1.4d *Date of previous announcement to
this cancellation
N/A
1.5 *Date of this announcement 15 December 2020

Part 2 – Type of issue

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  • See chapter 19 for defined terms.

Appendix 3G Notification of issue, conversion or payment up of equity +securities

2.1 *The_+_securities the subject of this
notification are: ( ) +Securities issued as a result of
Select whichever item is applicable. options being exercised or other
If you wish to notify ASX of different types of +convertible +securities being
issues of securities, please complete a separate
Appendix 3G for each type of issue.
converted and that are not to be
quoted on ASX
( ) Partly paid +securities that have been
fully paid up and that are not to be
quoted on ASX
(X) +Securities issued under an
+employee incentive scheme that are
not being immediately quoted on ASX
( ) Other [please specify]
2.2a.1 Please state the number and type of
options that were exercised or other
N/A
+convertible securities that were
converted (including their ASX security
code if available)?
2.2a.2 And the date the options were
exercised or other_+_convertible
N/A
securities were converted:
Note: If this occurred over a range of dates,
enter the date the last of the options was
exercised or convertible securities was
converted.
2.2b.1 Please state the number and type of
partly paid_+_securities that were fully
N/A
paid up (including their ASX security
code if available)?
2.2b.2 And the date the_+_securities were fully
paid up:
N/A
Note: If this occurred over a range of dates,
enter the date the last of the securities was fully
paid up.
2.2c.1 Please state the number and type of
+_securities (including their ASX
security code) issued under an
+_employee incentive scheme that are
500,000 unlisted options, which were approved
for issue by Shareholders at the Annual General
Meeting held on 27 November 2020.
not being immediately quoted on ASX

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Appendix 3G Notification of issue, conversion or payment up of equity +securities

2.2c.2 Please attach a document or provide The Incentive Option Plan rules can be found at details of a URL link for a document Annexure C of the Notice of Annual General lodged with ASX detailing the terms of Meeting released to ASX on 28 October 2020 - the [+] employee incentive scheme or a https://cdn-api.markitdigital.com/apimansummary of the terms. gateway/ASX/asx-research/1.0/file/2924023006692A1259606?access_token=83ff96335c2d45a09 4df02a206a39ff4 2.2c.3 Are any of these [+] securities being Yes issued to [+] key management personnel (KMP) or an [+] associate Provide details of the recipients and the number of [+] securities issued to each of them. 2.2c.3.a Name of KMP Name of registered holder Number of +securities Kah Wui Lim Kah Wui Lim 125,000 Adrian Bunter Adrian Bunter 125,000 John Du Bois John Du Bois 125,000 Nyap Liou Gan Nyap Liou Gan 125,000 2.2d.1 Purpose of the issue Select one or more of the items in the list ( ) To raise additional working capital ( ) To fund the retirement of debt ( ) To pay for the acquisition of an asset [provide details below] ( ) To pay for services rendered [provide details below] ( ) Other [provide details below] 2.2d.2 Please provide any further information N/A needed to understand the circumstances in which you are notifying the issue of these [+] securities to ASX, including (if applicable) why the issue of the [+] securities has not been previously announced to the market in an Appendix 3B

2A1259606?access_token=83ff96335c2d45a09 4df02a206a39ff4

You must answer this question if your response to Q2.1 is "Other". If there is no other information to provide, please answer "Not applicable" or "N/A".

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Appendix 3G Notification of issue, conversion or payment up of equity +securities

2.3
*The_+securities being issued are:
_Tick whichever is applicable
(X)
Additional +securities in an existing
unquoted class that is already recorded
by ASX ("existing class")
( )
New +securities in an unquoted class
that is not yet recorded by ASX ("new
class")
Part 3A – number and type of securities being issued (existing class) 3A – number and type of securities being issued (existing class)
3A.1 *ASX_+_security code & description 8COAA - Unlisted Employee Options, with an
exercise price of $0.20 per option and which
expire on 15 December 2024.
3A.2 *Number of_+_securities being issued 500,000
3A.3a *Will the_+_securities being issued rank
equally in all respects from their issue
Yes
date with the existing issued
_+_securities in that class?
3A.3b *Is the actual date from which the
_+_securities will rank equally (non-
N/A
ranking end date) known?
3A.3c *Provide the actual non-ranking end
date
N/A
3A.3d *Provide the estimated non-ranking
end period
N/A
3A.3e *Please state the extent to which the
_+_securities do not rank equally:
N/A
In relation to the next dividend, distribution or
interest payment; or
For any other reason
For example, the securities may not rank at all,
or may rank proportionately based on the
percentage of the period in question they have
been on issue, for the next dividend, distribution
or interest payment; or they may not be entitled
to participate in some other event, such as an
entitlement issue.

Part 3B – number and type of securities being issued (new class)

3B.1 *Security description

N/A

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Appendix 3G Notification of issue, conversion or payment up of equity +securities

3B.2 *Security type
Select one item from the list that best describes ( ) Ordinary fully or partly paid
the securities the subject of this form. This will
determine more detailed questions to be asked
shares/units
about the security later in this section. Select
"ordinary fully or partly paid shares/units" for
( ) Options
stapled securities or CDIs. For interest rate
securities, please select the appropriate choice
from either "Convertible debt securities" or "Non-
( ) +Convertible debt securities
convertible debt securities". Select "Other" for
performance shares/units and performance
options/rights or if the selections available in the
( ) Non-convertible +debt securities
list do not appropriately describe the security
being issued. ( ) Redeemable preference shares/units
( ) Other
3B.3 ISIN code N/A
Answer this question if you are an entity
incorporated outside Australia and you are
issuing a new class of securities other than CDIs.
See also the note at the top of this form.
3B.4 *Number of_+_securities being issued N/A
3B.5a *Will all the_+_securities issued in this
class rank equally in all respects from
N/A
the issue date?
3B.5b *Is the actual date from which the
_+_securities will rank equally (non-
N/A
ranking end date) known?
3B.5c *Provide the actual non-ranking end
date
N/A
3B.5d *Provide the estimated non-ranking
end period
N/A
3B.5e *Please state the extent to which the
_+_securities do not rank equally:
N/A
In relation to the next dividend, distribution or
interest payment; or
For any other reason
For example, the securities may not rank at all,
or may rank proportionately based on the
percentage of the period in question they have
been on issue, for the next dividend, distribution
or interest payment; or they may not be entitled
to participate in some other event, such as an
entitlement issue.

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Appendix 3G Notification of issue, conversion or payment up of equity +securities

3B.6 Please attach a document or provide a N/A url link for a document lodged with ASX setting out the material terms of the [+] securities being issued You may cross reference a disclosure document, PDS, information memorandum, investor presentation or other announcement with this information provided it has been released to the ASX Market Announcements Platform. 3B.7 *Have you received confirmation from N/A ASX that the terms of the [+] securities are appropriate and equitable under listing rule 6.1? Answer this question only if you are an ASX Listing. (ASX Foreign Exempt Listings and ASX Debt Listings do not have to answer this question). If your response is "No" and the securities have any unusual terms, you should approach ASX as soon as possible for confirmation under listing rule 6.1 that the terms are appropriate and equitable.

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N/A
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3B.8a Ordinary fully or partly paid shares/units details

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N/A
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+ Security currency N/A This is the currency in which the face amount of an issue is denominated. It will also typically be the currency in which distributions are declared. *Will there be CDIs issued over the

+ securities? N/A CDI ratio N/A This is the ratio at which CDIs can be transmuted into the underlying security (e.g. 4:1 means 4 CDIs represent 1 underlying security whereas 1:4 means 1 CDI represents 4 underlying securities). Is it a partly paid class of [+] security? N/A *Paid up amount: unpaid amount N/A The paid up amount represents the amount of application money and/or calls which have been paid on any security considered 'partly paid' The unpaid amount represents the unpaid or yet to be called amount on any security considered 'partly paid'. The amounts should be provided per the security currency (e.g. if the security currency is AUD, then the paid up and unpaid amount per security in AUD)

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N/A
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Appendix 3G Notification of issue, conversion or payment up of equity +securities

Is it a stapled [+] security? N/A This is a security class that comprises a number of ordinary shares and/or ordinary units issued by separate entities that are stapled together for the purposes of trading. 3B.8b Option details * [+] Security currency N/A This is the currency in which the exercise price is payable. Exercise price N/A The price at which each option can be exercised and convert into the underlying security. If there is no exercise price please answer as $0.00. The exercise price should be provided per the security currency (i.e. if the security currency is AUD, the exercise price should be expressed in AUD). Expiry date N/A The date on which the options expire or terminate. Details of the number and type of + security (including its ASX + security N/A code if the [+] security is quoted on or recorded by ASX) that will be issued if an option is exercised For example, if the option can be exercised to receive one fully paid ordinary share with ASX security code ABC, please insert "One fully paid ordinary share (ASX:ABC)".

3B.8c Details of non-convertible +debt securities, +convertible debt securities, or redeemable preference shares/units

Refer to Guidance Note 34 and the "Guide to the Naming Conventions and Security Descriptions for ASX Quoted Debt and Hybrid Securities" for further information on certain terms used in this section

*Type of_+security
_Select one item from the list
( )
Simple corporate bond
( )
Non-convertible note or bond
( )
Convertible note or bond
( )
Preference share/unit
( )
Capital note
( )
Hybrid security
( )
Other

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Appendix 3G Notification of issue, conversion or payment up of equity +securities

  • [+] Security currency This is the currency in which the face value of the security is denominated. It will also typically be the currency in which interest or distributions are paid.

N/A

Face value N/A
This is the principal amount of each security.
The face value should be provided per the
security currency (i.e. if security currency is AUD,
then the face value per security in AUD).
*Interest rate type
Select one item from the list ( ) Fixed rate
Select the appropriate interest rate type per the
terms of the security. Definitions for each type
( ) Floating rate
are provided in the Guide to the Naming
Conventions and Security Descriptions for ASX
Quoted Debt and Hybrid Securities
( ) Indexed rate
( ) Variable rate
( ) Zero coupon/no interest
( ) Other
Frequency of coupon/interest
payments per year ( ) Monthly
Select one item from the list.
( ) Quarterly
( ) Semi-annual
( ) Annual
( ) No coupon/interest payments
( ) Other
First interest payment date N/A
Interest rate per annum N/A
*Is the interest rate per annum
estimated at this time?
N/A
If the interest rate per annum is
estimated, then what is the date for this
N/A
information to be announced to the
market (if known)
Answer "Unknown" if the date is not known at
this time.

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Appendix 3G Notification of issue, conversion or payment up of equity +securities

*Does the interest rate include a
reference rate, base rate or market
N/A
rate (e.g. BBSW or CPI)?
*What is the reference rate, base rate
or market rate?
N/A
*Does the interest rate include a
margin above the reference rate, base
N/A
rate or market rate?
*What is the margin above the
reference rate, base rate or market
N/A
rate (expressed as a percent per
annum)
*S128F of the Income Tax Assessment
Act status applicable to the_+_security ( ) s128F exempt
Select one item from the list
For financial products which are likely to give rise ( ) Not s128F exempt
to a payment to which s128F of the Income Tax
Assessment Act applies, ASX requests issuers
to confirm the s128F status of the security:
( ) s128F exemption status unknown
"s128F exempt" means interest payments
are not taxable to non-residents;
( ) Not applicable
"Not s128F exempt" means interest
payments are taxable to non-residents;
"s128F exemption status unknown" means
the issuer is unable to advise the status;
"Not applicable" means s128F is not
applicable to this security
*Is the_+_security perpetual (i.e. no
maturity date)?
N/A
*Maturity date N/A

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Appendix 3G Notification of issue, conversion or payment up of equity +securities

Select other features applicable to the + security ( ) Simple Up to 4 features can be selected. Further information is available in the Guide to the ( ) Subordinated Naming Conventions and Security Descriptions for ASX Quoted Debt and Hybrid Securities. ( ) Secured ( ) Converting ( ) Convertible ( ) Transformable ( ) Exchangeable ( ) Cumulative ( ) Non-Cumulative ( ) Redeemable ( ) Extendable ( ) Reset ( ) Step-Down ( ) Step-Up ( ) Stapled ( ) None of the above Is there a first trigger date on which a N/A right of conversion, redemption, call or put can be exercised (whichever is first)? *If yes, what is the first trigger date N/A Details of the number and type of + security (including its ASX + security N/A code if the security is quoted on ASX) that will be issued if the securities to be quoted are converted, transformed or exchanged For example, if the security can be converted into 1,000 fully paid ordinary shares with ASX security code ABC, please insert "1,000 fully paid ordinary share (ASX:ABC)".

Part 4 - Issue details

4.1 *Have the [+] securities been issued yet?

Yes

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Appendix 3G Notification of issue, conversion or payment up of equity +securities

4.1a *What was their date of issue? 15 December 2020
4.1b *What is their proposed date of issue? N/A
4.2 *Are the_+_securities being issued for a
cash consideration?
No
If the securities are being issued for nil cash
consideration, answer this question "No".
4.2a *In what currency is the cash
consideration being paid?
N/A
For example, if the consideration is being paid in
Australian Dollars, state AUD.
4.2b *What is the issue price per_+_security N/A
Note: you cannot enter a nil amount here. If the
securities are being issued for nil cash
consideration, answer Q4.2 as "No" and
complete Q4.2c
4.2c Please describe the consideration
being provided for the_+_securities
The unlisted options are being issued for nil
cash consideration.
4.3 Any other information the entity wishes
to provide about the issue
Further information regarding the issue of the
options can be found in the Notice of Meeting,
released to the ASX on 28 October 2020.

Part 5 - Unquoted +securities on issue

Following the issue of the +securities the subject of this application, the unquoted issued +securities of the entity will comprise:

Note: the figures provided in the table in section 5.1 below are used to calculate part of the total market capitalisation of the entity published by ASX from time to time. Please make sure you include in the table each class of unquoted securities issued by the entity.

Restricted securities should be included in table 5.1.

5.1 *ASX security code and description *Total number of +securities on
issue
Unlisted Employee options, exercisable at $0.168 per
option, expiring on 30/06/2022.
7,340,000

Unlisted Employee options, exercisable at $0.091 per
option, expiring on 30/06/2023.
1,750,000

Unlisted options, exercisable at $0.20 per option,
expiring on 15/12/2024.
500,000

Part 6 - Other Listing Rule requirements

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No
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6.1 *Are the securities being issued under No Listing Rule 7.2 exception 13 and therefore the issue does not need any security holder approval under Listing Rule 7.1?

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  • See chapter 19 for defined terms.

Appendix 3G Notification of issue, conversion or payment up of equity +securities

6.2 *Has the entity obtained, or is it
obtaining,_+_security holder approval for
Yes
the issue under listing rule 7.1?
6.2a *Date of meeting or proposed meeting
to approve the issue under listing rule
27 November 2020
7.1
6.2b *Are any of the_+securities being
issued without
+_security holder
N/A
approval using the entity's 15%
placement capacity under listing rule
7.1?
6.2b.1 *How many_+securities are being
issued without
+_security holder
N/A
approval using the entity's 15%
placement capacity under listing rule
7.1?
Please complete and separately send by email to
your ASX listings adviser a work sheet in the
form of Annexure B to Guidance Note 21
confirming the entity has the available capacity
under listing rule 7.1A to issue that number of
securities.
6.2c *Are any of the_+securities being
issued without
+_security holder
N/A
approval using the entity's additional
10% placement capacity under listing
rule 7.1A (if applicable)?
6.2c.1 *Are any of the_+securities being
issued without
+_security holder
N/A
approval using the entity's additional
10% placement capacity under listing
rule 7.1A (if applicable)?
Please complete and separately send by email to
your ASX listings adviser a work sheet in the
form of Annexure C to Guidance Note 21
confirming the entity has the available capacity
under listing rule 7.1A to issue that number of
securities.

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  • See chapter 19 for defined terms.