ALGORAE PHARMACEUTICALS LIMITED — Capital/Financing Update 2021

Dec 13, 2021

Application for quotation of +securities

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Announcement Summary

Entity name

LIVING CELL TECHNOLOGIES LIMITED

Announcement Type

New announcement

Date of this announcement

Tuesday December 14, 2021

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

Total number of +securities to be quoted

ASX +security		Number of +securities to
code	Security description	be quoted	Issue date
LCTOA	OPTION EXPIRING 19-APR-2024	147,480,853	14/12/2021

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

ABN

Registration number 14104028042

1.3 ASX issuer code

LCT

1.4 The announcement is

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New announcement

1.5 Date of this announcement

14/12/2021

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
13-Dec-2021 09:06	New - Proposed issue of securities -	A placement or other type of issue
	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

Placement Details

ASX +security code and description

LCTOA : OPTION EXPIRING 19-APR-2024

Issue date

14/12/2021

Distribution Schedule

Provide a distribution schedule for the new +securities according to the categories set out in the left hand column - including the number of recipients and the total percentage of the new +securities held by the recipients in each category.

		Total percentage of +securities held
Number of +securities held	Number of holders	For example, to enter a value of 50%
		please input as 50.00
1 - 1,000		%
1,001 - 5,000		%
5,001 - 10,000		%
10,001 - 100,000		%
100,001 and over		%

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

30,753,181

Are the +securities being issued for a cash consideration?

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No

Please describe the consideration being provided for the +securities

Issue of one option for each two shares held by each Placement shareholder who was still holding the Shares on the Record Date as compensation for the change to the Rights Issue issue price.

Please provide an estimate (in AUD) of the value of the consideration being provided per +security for the +securities to be quoted

0.001000

Any other information the entity wishes to provide about the +securities to be quoted

ASX +security code and description

LCTOA : OPTION EXPIRING 19-APR-2024

Issue date

14/12/2021

Distribution Schedule

Provide a distribution schedule for the new +securities according to the categories set out in the left hand column - including the number of recipients and the total percentage of the new +securities held by the recipients in each category.

		Total percentage of +securities held
Number of +securities held	Number of holders	For example, to enter a value of 50%
		please input as 50.00
1 - 1,000		%
1,001 - 5,000		%
5,001 - 10,000		%
10,001 - 100,000		%
100,001 and over		%

Application for quotation of +securities

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Application for quotation of +securities

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Issue details

Number of +securities to be quoted

116,727,672

Are the +securities being issued for a cash consideration?

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No

Please describe the consideration being provided for the +securities

One option for each two shares issued to Noteholders on conversion of the Notes as compensation for the change to the Rights Issue issue price.

Please provide an estimate (in AUD) of the value of the consideration being provided per +security for the +securities to be quoted

0.001000

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	983,205,686
LCTOA : OPTION EXPIRING 19-APR-2024	443,912,984
LCTN : ORDINARY FULLY PAID DEFERRED	475,900,817
LCTO : OPTION EXPIRING 19-APR-2024 DEFERRED	158,633,606

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	3,850,000

Application for quotation of +securities

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