AMAERO LTD — Share Issue/Capital Change 2022

Jul 31, 2022

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

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Announcement Summary

Entity name

AMAERO INTERNATIONAL LTD

Date of this announcement

Monday August 01, 2022

The +securities the subject of this notification are: 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	OPTION EXPIRING 1-AUG-2025 EX $0.42	18,673,464	01/08/2022
to be confirmed

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

AMAERO INTERNATIONAL 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

ACN

Registration number

633541634

1.3 ASX issuer code

3DA

1.4 The announcement is

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New announcement

1.5 Date of this announcement

1/8/2022

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

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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

Options issued after receiving FIRB approval and notified via an Appendix 3B lodged on 12 May 2022.

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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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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New +securities
ASX +security code +Security description
New class - code to be confirmed OPTION EXPIRING 1-AUG-2025 EX $0.42
+Security type ISIN code
Options
Date the +securities the subject of this notification were issued
1/8/2022
Will all the +securities issued in this class rank equally in all respects from their issue date?
Yes
Have you received confirmation from ASX that the terms of the +securities are appropriate and equitable under
listing rule 6.1?
No
Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being
issued.
https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02524003-3A594088?access_token=83
ff96335c2d45a094df02a206a39ff4
Options Details
+Security currency Exercise price Expiry date
AUD - Australian Dollar AUD 0.42000000 1/8/2023
Details of the existing class of +security that will be issued upon exercise or conversion of this new class of
company option
Other
Description
3DA Ordinary Fully Paid
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Any other information the entity wishes to provide about the +securities the subject of this notification Issue of remaining attaching Options after receipt of FIRB approval.

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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

The issue was notified in an Appendix 3B lodged on 12 May 2022.

Issue details

Number of +securities 18,673,464 No

Were the +securities issued for a cash consideration?

Please describe the consideration being provided for the +securities

Attaching options equal to 50% of the number of Shares subscribed for under the Placement (i.e. one (1) option for every two (2) new Shares subscribed for as Placement Shares or Conversion Shares).

Purpose of the issue

To raise additional working capital

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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)

	Total number of
ASX +security code and description	+securities on issue
3DA : ORDINARY FULLY PAID	242,000,134
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
3DAAE : PERFORMANCE RIGHTS	1,757,565
3DAAF : OPTION EXPIRING 10-DEC-2022 EX $1.00	3,500,000
3DAAG : CONVERTIBLE NOTES	2,806,159
3DAAH : OPTION EXPIRING 04-JUL-2025 EX $0.42	7,520,439
New class - code to be confirmed : OPTION EXPIRING 1-AUG-2025 EX $0.42	18,673,464

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

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

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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

23/6/2022

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