ALGORAE PHARMACEUTICALS LIMITED — Capital/Financing Update 2021

Dec 28, 2021

Application for quotation of +securities

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Update Summary

Entity name

LIVING CELL TECHNOLOGIES LIMITED

Announcement Type

Update to previous announcement

Date of this announcement

Wednesday December 29, 2021 Reason for the update Correction to number of Free Attaching Options issued from 15,052,679 to 15,052,678.

Reason for the update

Refer to next page for full details of the announcement

Application for quotation of +securities

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Application for quotation of +securities

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Part 1 - Entity and announcement details

1.1 Name of entity

LIVING CELL TECHNOLOGIES LIMITED

We (the entity named above) apply for +quotation of the following +securities and agree to the matters set out in Appendix 2A of the ASX Listing Rules.

1.2 Registered number type Registration number ACN 104028042

1.3 ASX issuer code

LCT

1.4 The announcement is

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Update/amendment to previous announcement

1.4a Reason for update to a previous announcement

Correction to number of Free Attaching Options issued from 15,052,679 to 15,052,678.

1.4b Date of previous announcement to this update

29/12/2021

1.5 Date of this announcement

29/12/2021

Application for quotation of +securities

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Application for quotation of +securities

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Part 2 - Type of Issue

2.1 The +securities to be quoted are:

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+Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B

Previous Appendix 3B details:

Announcement Date and	Announcement Title	Selected Appendix 3B to submit quotation
Time		request
09-Dec-2021 17:22	Update - Update - Proposed issue of	A standard +pro rata issue (renounceable)
	securities - LCT

2.3a.2 Are there any further issues of +securities yet to take place to complete the transaction(s) referred to in the Appendix 3B? No

Application for quotation of +securities

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Application for quotation of +securities

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Part 3A - number and type of +securities to be quoted where issue has previously been notified to ASX in an Appendix 3B

Corporate Action Component Detail

ASX +security code and description LCT : ORDINARY FULLY PAID Issue date 30/12/2021 Issue details Number of +securities to be quoted 45,158,037 Issue currency Issue price or consideration per +security AUD - Australian Dollar AUD 0.00800000 Any other information the entity wishes to provide about the +securities to be quoted

ASX +security code and description

LCTO : OPTION EXPIRING 19-APR-2024 DEFERRED

Issue date 30/12/2021

Application for quotation of +securities

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Application for quotation of +securities

Issue details

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Number of +securities to be quoted

15,052,678 Issue currency Issue price or consideration per +security AUD - Australian Dollar AUD 0.00000000 Any other information the entity wishes to provide about the +securities to be quoted

Application for quotation of +securities

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Application for quotation of +securities

Part 4 - Issued capital following quotation

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Following the quotation of the +securities the subject of this application, the issued capital 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 on ASX following the +quotation of the +securities subject of this application)

	Total number of
ASX +security code and description	+securities on issue
LCT : ORDINARY FULLY PAID	1,028,363,723
LCTOA : OPTION EXPIRING 19-APR-2024	443,912,982
LCTO : OPTION EXPIRING 19-APR-2024 DEFERRED	15,052,678

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
LCTAM : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES	3,600,000

Application for quotation of +securities

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