ADX ENERGY LTD — Share Issue/Capital Change 2021

Sep 9, 2021

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

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Announcement Summary

Entity name

ADX ENERGY LTD

Date of this announcement

Friday September 10, 2021

The +securities the subject of this notification are:

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+Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX

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	46,086,012	10/09/2021
to be confirmed

Refer to next page for full details of the announcement

Notification of Issue, Conversion or Payment up of Unquoted E it S iti

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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

ADX ENERGY LTD

We (the entity named above) give notice of the issue, conversion or payment up of the following unquoted +securities.

1.2 Registered number type

ABN

Registration number

50009058646

1.3 ASX issuer code

ADX

1.4 The announcement is

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New announcement

1.5 Date of this announcement

10/9/2021

Notification of Issue, Conversion or Payment up of Unquoted E it S iti

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

Part 2 - Issue details

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2.1 The +securities the subject of this notification are:

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+Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX

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")

Notification of Issue, Conversion or Payment up of Unquoted E it S iti

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

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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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----- Start of picture text ----- ASX +security code +Security descriptionNew class - code to be confirmed Performance Rights+Security type ISIN codeOtherDate the +securities the subject of this notification were issued10/9/2021Will all the +securities issued in this class rank equally in all respects from their issue date?YesWere any of the +securities issued to +key management personnel (KMP) or an +associate?NoPlease provide a URL link for a document lodged with ASX setting out the material terms of the +securities beingissued.Performance Rights and Option Plan approved by Shareholders on 28 May 2021https://adx-energy.com/wp-content/uploads/2021/04/ADX-31-Dec-2020-Notice-of-AGM-FINAL-with-Proxy.pdfPlease provide a URL link for a document lodged with ASX detailing the terms of the +employee incentive schemeor a summary of the termsPerformance Rights and Option Plan approved by Shareholders on 28 May 2021https://adx-energy.com/wp-content/uploads/2021/04/ADX-31-Dec-2020-Notice-of-AGM-FINAL-with-Proxy.pdfAny other information the entity wishes to provide about the +securities the subject of this notificationPerformance Rights granted to employees in Austria----- End of picture text -----

Issue details

Number of +securities

46,086,012

Notification of Issue, Conversion or Payment up of Unquoted E it S iti

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

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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)

ASX +security code and descriptionTotal number of+securities on issueADX : ORDINARY FULLY PAID2,658,317,523.2 Unquoted +Securities (Total number of each +class of +securities issued but not quoted on ASX)ASX +security code and descriptionTotal number of+securities on issueADXAH : OPTION EXPIRING 31-OCT-2024 EX NIL8,470,981ADXAG : OPTION EXPIRING 31-JUL-2024 EX NIL9,451,563ADXAC : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES25,279,836ADXAF : OPTION EXPIRING 26-JUN-2024 EX NIL12,578,571ADXAD : OPTION EXPIRING 26-JUN-2021 EX 1.3C5,000,000ADXAO : OPTION EXPIRING 31-JUL-2025 EX NIL4,729,688ADXAL : OPTION EXPIRING 26-MAY-2022 EX $0.0167,500,020ADXAM : OPTION EXPIRING 26-NOV-2023 EX $0.0167,500,020ADXAK : OPTION EXPIRING 31-JAN-2025 EX NIL9,882,811ADXAN : OPTION EXPIRING 31-MAY-2025 EX NIL5,302,085New class - code to be confirmed : Performance Rights46,086,012	ASX +security code and descriptionTotal number of+securities on issueADX : ORDINARY FULLY PAID2,658,317,523.2 Unquoted +Securities (Total number of each +class of +securities issued but not quoted on ASX)ASX +security code and descriptionTotal number of+securities on issueADXAH : OPTION EXPIRING 31-OCT-2024 EX NIL8,470,981ADXAG : OPTION EXPIRING 31-JUL-2024 EX NIL9,451,563ADXAC : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES25,279,836ADXAF : OPTION EXPIRING 26-JUN-2024 EX NIL12,578,571ADXAD : OPTION EXPIRING 26-JUN-2021 EX 1.3C5,000,000ADXAO : OPTION EXPIRING 31-JUL-2025 EX NIL4,729,688ADXAL : OPTION EXPIRING 26-MAY-2022 EX $0.0167,500,020ADXAM : OPTION EXPIRING 26-NOV-2023 EX $0.0167,500,020ADXAK : OPTION EXPIRING 31-JAN-2025 EX NIL9,882,811ADXAN : OPTION EXPIRING 31-MAY-2025 EX NIL5,302,085New class - code to be confirmed : Performance Rights46,086,012	ASX +security code and descriptionTotal number of+securities on issueADX : ORDINARY FULLY PAID2,658,317,523.2 Unquoted +Securities (Total number of each +class of +securities issued but not quoted on ASX)ASX +security code and descriptionTotal number of+securities on issueADXAH : OPTION EXPIRING 31-OCT-2024 EX NIL8,470,981ADXAG : OPTION EXPIRING 31-JUL-2024 EX NIL9,451,563ADXAC : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES25,279,836ADXAF : OPTION EXPIRING 26-JUN-2024 EX NIL12,578,571ADXAD : OPTION EXPIRING 26-JUN-2021 EX 1.3C5,000,000ADXAO : OPTION EXPIRING 31-JUL-2025 EX NIL4,729,688ADXAL : OPTION EXPIRING 26-MAY-2022 EX $0.0167,500,020ADXAM : OPTION EXPIRING 26-NOV-2023 EX $0.0167,500,020ADXAK : OPTION EXPIRING 31-JAN-2025 EX NIL9,882,811ADXAN : OPTION EXPIRING 31-MAY-2025 EX NIL5,302,085New class - code to be confirmed : Performance Rights46,086,012	ASX +security code and descriptionTotal number of+securities on issueADX : ORDINARY FULLY PAID2,658,317,523.2 Unquoted +Securities (Total number of each +class of +securities issued but not quoted on ASX)ASX +security code and descriptionTotal number of+securities on issueADXAH : OPTION EXPIRING 31-OCT-2024 EX NIL8,470,981ADXAG : OPTION EXPIRING 31-JUL-2024 EX NIL9,451,563ADXAC : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES25,279,836ADXAF : OPTION EXPIRING 26-JUN-2024 EX NIL12,578,571ADXAD : OPTION EXPIRING 26-JUN-2021 EX 1.3C5,000,000ADXAO : OPTION EXPIRING 31-JUL-2025 EX NIL4,729,688ADXAL : OPTION EXPIRING 26-MAY-2022 EX $0.0167,500,020ADXAM : OPTION EXPIRING 26-NOV-2023 EX $0.0167,500,020ADXAK : OPTION EXPIRING 31-JAN-2025 EX NIL9,882,811ADXAN : OPTION EXPIRING 31-MAY-2025 EX NIL5,302,085New class - code to be confirmed : Performance Rights46,086,012	ASX +security code and descriptionTotal number of+securities on issueADX : ORDINARY FULLY PAID2,658,317,523.2 Unquoted +Securities (Total number of each +class of +securities issued but not quoted on ASX)ASX +security code and descriptionTotal number of+securities on issueADXAH : OPTION EXPIRING 31-OCT-2024 EX NIL8,470,981ADXAG : OPTION EXPIRING 31-JUL-2024 EX NIL9,451,563ADXAC : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES25,279,836ADXAF : OPTION EXPIRING 26-JUN-2024 EX NIL12,578,571ADXAD : OPTION EXPIRING 26-JUN-2021 EX 1.3C5,000,000ADXAO : OPTION EXPIRING 31-JUL-2025 EX NIL4,729,688ADXAL : OPTION EXPIRING 26-MAY-2022 EX $0.0167,500,020ADXAM : OPTION EXPIRING 26-NOV-2023 EX $0.0167,500,020ADXAK : OPTION EXPIRING 31-JAN-2025 EX NIL9,882,811ADXAN : OPTION EXPIRING 31-MAY-2025 EX NIL5,302,085New class - code to be confirmed : Performance Rights46,086,012	ASX +security code and descriptionTotal number of+securities on issueADX : ORDINARY FULLY PAID2,658,317,523.2 Unquoted +Securities (Total number of each +class of +securities issued but not quoted on ASX)ASX +security code and descriptionTotal number of+securities on issueADXAH : OPTION EXPIRING 31-OCT-2024 EX NIL8,470,981ADXAG : OPTION EXPIRING 31-JUL-2024 EX NIL9,451,563ADXAC : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES25,279,836ADXAF : OPTION EXPIRING 26-JUN-2024 EX NIL12,578,571ADXAD : OPTION EXPIRING 26-JUN-2021 EX 1.3C5,000,000ADXAO : OPTION EXPIRING 31-JUL-2025 EX NIL4,729,688ADXAL : OPTION EXPIRING 26-MAY-2022 EX $0.0167,500,020ADXAM : OPTION EXPIRING 26-NOV-2023 EX $0.0167,500,020ADXAK : OPTION EXPIRING 31-JAN-2025 EX NIL9,882,811ADXAN : OPTION EXPIRING 31-MAY-2025 EX NIL5,302,085New class - code to be confirmed : Performance Rights46,086,012	ASX +security code and descriptionTotal number of+securities on issueADX : ORDINARY FULLY PAID2,658,317,523.2 Unquoted +Securities (Total number of each +class of +securities issued but not quoted on ASX)ASX +security code and descriptionTotal number of+securities on issueADXAH : OPTION EXPIRING 31-OCT-2024 EX NIL8,470,981ADXAG : OPTION EXPIRING 31-JUL-2024 EX NIL9,451,563ADXAC : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES25,279,836ADXAF : OPTION EXPIRING 26-JUN-2024 EX NIL12,578,571ADXAD : OPTION EXPIRING 26-JUN-2021 EX 1.3C5,000,000ADXAO : OPTION EXPIRING 31-JUL-2025 EX NIL4,729,688ADXAL : OPTION EXPIRING 26-MAY-2022 EX $0.0167,500,020ADXAM : OPTION EXPIRING 26-NOV-2023 EX $0.0167,500,020ADXAK : OPTION EXPIRING 31-JAN-2025 EX NIL9,882,811ADXAN : OPTION EXPIRING 31-MAY-2025 EX NIL5,302,085New class - code to be confirmed : Performance Rights46,086,012
New class - cod	e to be confirmed	Performanc	Rihts			46086
			g			,

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? Yes

5.1a Select the number of the applicable exception in Listing Rule 7.2

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