ADISYN LTD — Capital/Financing Update 2021

Sep 29, 2021

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

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Announcement Summary

Entity name

DC TWO LIMITED

Date of this announcement

Thursday September 30, 2021

The +securities the subject of this notification are:

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Other

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	PERFORMANCE RIGHTS (CLASS A) EXP 30	2,500,000	24/09/2021
to be confirmed	NOV 2023
New class - code	PERFORMANCE RIGHTS (CLASS B) EXP 30	2,500,000	24/09/2021
to be confirmed	NOV 2025

Refer to next page for full details of the announcement

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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

DC TWO 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

ACN

Registration number

155473304

1.3 ASX issuer code

DC2

1.4 The announcement is

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New announcement

1.5 Date of this announcement

30/9/2021

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Part 2 - Issue details

2.1 The +securities the subject of this notification are:

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Other

Please specify

Performance Rights (Class A and Class B) issued as approved by Shareholders on 25 August 2021.

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

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New +securities
ASX +security code +Security description
New class - code to be confirmed PERFORMANCE RIGHTS (CLASS A) EXP 30 NOV 2023
+Security type ISIN code
Other
Date the +securities the subject of this notification were issued
24/9/2021
Will all the +securities issued in this class rank equally in all respects from their issue date?
Yes
Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being
issued.
https://www.asx.com.au/asxpdf/20210727/pdf/44yprnffwvcyz0.pdf
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Any other information the entity wishes to provide about the +securities the subject of this notification Milestones and terms are as set out at https://www.asx.com.au/asxpdf/20210727/pdf/44yprnffwvcyz0.pdf. Please provide any further information needed to understand the circumstances in which you are notifying the issue of these +securities to ASX, including why the issue of the +securities has not been previously announced to the market in an Appendix 3B As disclosed in the Company's Notice of General Meeting dated 23 July 2021, at https://www.asx.com.au/asxpdf/2021072 7/pdf/44yprnffwvcyz0.pdf.

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

Issue details

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Number of +securities

2,500,000

Were the +securities issued for a cash consideration?

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No

Please describe the consideration being provided for the +securities

To motivate and reward performance of Managing Director and Operations Manager.

Purpose of the issue Other

Additional Details

Refer to the Company's Notice of General Meeting dated 23 July 2021 for further details.

New +securities ASX +security code +Security description New class - code to be confirmed PERFORMANCE RIGHTS (CLASS B) EXP 30 NOV 2025 +Security type ISIN code Other Date the +securities the subject of this notification were issued 24/9/2021

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

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

https://www.asx.com.au/asxpdf/20210727/pdf/44yprnffwvcyz0.pdf

Any other information the entity wishes to provide about the +securities the subject of this notification Milestones and terms are as set out at https://www.asx.com.au/asxpdf/20210727/pdf/44yprnffwvcyz0.pdf.

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

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Please provide any further information needed to understand the circumstances in which you are notifying the issue of these +securities to ASX, including why the issue of the +securities has not been previously announced to the market in an Appendix 3B As disclosed in the Company's Notice of General Meeting dated 23 July 2021, at https://www.asx.com.au/asxpdf/2021072 7/pdf/44yprnffwvcyz0.pdf. Issue details Number of +securities 2,500,000 Were the +securities issued for a cash consideration? No Please describe the consideration being provided for the +securities To motivate and reward performance of Managing Director and Operations Manager. Purpose of the issue Other Additional Details Refer to the Company's Notice of General Meeting dated 23 July 2021 for further details.

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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
DC2 : ORDINARY FULLY PAID	36,135,727
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
DC2AC : ORDINARY FULLY PAID RESTRICTED	22,364,273
DC2AD : OPTION EXPIRING 31-JUL-2024 EX $0.30	2,000,000
DC2AE : OPTION EXPIRING 06-NOV-2024 EX $0.25	1,200,000
DC2AF : OPTION EXPIRING 06-NOV-2024 RESTRICTED	2,950,000
DC2AG : OPTION EXPIRING 07-MAY-2024 EX $0.50	4,000,000
New class - code to be confirmed : PERFORMANCE RIGHTS (CLASS A) EXP 30 NOV	2,500,000
2023
New class - code to be confirmed : PERFORMANCE RIGHTS (CLASS B) EXP 30 NOV	2,500,000
2025

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

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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? No

5.2 Has the entity obtained, or is it obtaining, +security holder approval for the issue under listing rule 7.1? Yes

5.2a Date of meeting or proposed meeting to approve the issue under listing rule 7.1

25/8/2021

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