ACROW LIMITED — Share Issue/Capital Change 2021

Jul 5, 2021

Notification of cessation of +securities

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Announcement Summary

Entity name

ACROW FORMWORK AND CONSTRUCTION SERVICES LIMITED

Announcement Type

New announcement

Date of this announcement

Tuesday July 06, 2021

Details of +securities that have ceased

		Number of
ASX +security		+securities that	The +securities have	Date of
code	Security description	have ceased	ceased due to	cessation
ACFAF	PERFORMANCE RIGHTS	840,000	Lapse of conditional right to	30/06/2021
			securities because the
			conditions have not been, or
			have become incapable of
			being, satisfied

Refer to next page for full details of the announcement

Notification of cessation of +securities

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Notification of cessation of +securities

Part 1 - Announcement Details

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1.1 Name of +Entity

ACROW FORMWORK AND CONSTRUCTION SERVICES LIMITED

We (the entity named above) provide the following information about our issued capital.

1.2 Registered Number Type

ABN

Registration Number 36124893465

1.3 ASX issuer code

ACF

1.4 The announcement is

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New announcement

1.5 Date of this announcement

6/7/2021

Notification of cessation of +securities

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Notification of cessation of +securities

Part 2 - Details of +equity securities or +debt securities that have ceased

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ASX +Security Code and Description

ACFAF : PERFORMANCE RIGHTS

Unquoted +equity securities that have ceased

Number of securities that have ceased

840,000

Reason for cessation

Lapse of conditional right to securities because the conditions have not been, or have become incapable of being, satisfied

Date of cessation

30/6/2021

Is the entity paying any consideration for the cessation? No

Any other information the entity wishes to notify to ASX about the cessation?

A condition of the Performance Rights issued under the Company's Rights Plan is that the holder remain employed during the performance measurement period ("Service Condition"). The cancellation of the Performance Rights the subject of this Appendix 3H are those Performance Rights that were held by employees that left the employment of the Company during the quarter and therefore did not meet the Service Condition.

Notification of cessation of +securities

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Notification of cessation of +securities

Part 3 - Issued capital following changes

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Following the cessation of the +securities the subject of this notification, the issued capital of the entity will comprise:

3.1 Quoted +equity securities and +debt securities (total number of each +class of +securities quoted on ASX)

	Total number of
ASX +security code and description	+securities on issue
ACF : ORDINARY FULLY PAID	221,852,208

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

	Total number of
ASX +security code and description	+securities on issue
ACFAF : PERFORMANCE RIGHTS	16,198,950
ACFAD : OPTION EXPIRING VARIOUS DATES VARIOUS PRICES	6,910,000

Note: the figures stated in the tables above are used to calculate the total market capitalisation of the entity published by ASX from time to time. The table will not include those classes of +securities that have ceased or lapsed in their entirety in ASX records before the announcement date described in Q1.5, even if the entity has advised ASX of a change to that class of +security in Part 2 of this form.

Notification of cessation of +securities

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