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ADVANCED BRAKING TECHNOLOGY LTD Share Issue/Capital Change 2021

Jul 18, 2021

64282_rns_2021-07-18_a8406b6b-436b-4d96-82a8-eec6d78c92fa.pdf

Share Issue/Capital Change

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ASX RELEASE ASX code: ABV

19 July 2021

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Lapse of Employee Options

Advanced Braking Technology Limited (ASX: ABV, ‘the Company’) wishes to advise that the following employee options were not vested or exercised prior to the employee’s resignation and have therefore lapsed.

Number Details of Lapsed Employee Options
5,958,109 Employee Options exercisable at$0.04 on or before 30 June 2023

The Company’s current capital structure is as follows:

Number Class
379,148,766 FullyPaid OrdinaryShares
5,000,000 Options exercisable at$0.025 on or before 30 June 2022
20,853,380 Employee Options exercisable at$0.04 on or before 30 June 2023
2,979,055 Employee Options exercisable at$0.04 on or before 30 June 2024

This release is authorised by the Board of Directors.

For further information, please contact:

Ms Kaitlin Smith Company Secretary T: +61 (0) 8 9302 1922

Advanced Braking Technology Ltd (ACN 099 107 623, ABN 66 099 107 623) Email: [email protected]