ARC FUNDS LIMITED — Share Issue/Capital Change 2021

Oct 21, 2021

Application for quotation of +securities

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Announcement Summary

Entity name

AUSTRALIAN RURAL CAPITAL LIMITED

Announcement Type

New announcement

Date of this announcement

Friday October 22, 2021

The +securities to be quoted are: Other

Total number of +securities to be quoted

ASX +security		Number of +securities to
code	Security description	be quoted	Issue date
ARC	ORDINARY FULLY PAID	300,000	22/10/2021

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

AUSTRALIAN RURAL CAPITAL 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

ACN

Registration number 001746710

1.3 ASX issuer code

ARC

1.4 The announcement is

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New announcement

1.5 Date of this announcement

22/10/2021

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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Other

2.2 The +securities to be quoted are:

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Additional +securities in a class that is already quoted on ASX ("existing class")

2.3c Have these +securities been offered under a +disclosure document or +PDS?

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No

2.3d Please provide any further information needed to understand the circumstances in which you are applying to have these +securities quoted on ASX, including why the issue of the +securities has not been previously announced to the market in an Appendix 3B

Directors are receiving shares in lieu of cash remuneration pursuant to listing 10.11 as detailed in the 2021 Notice of Annual General Meeting

2.4 Any on-sale of the +securities to be quoted within 12 months of their date of issue will comply with the secondary sale provisions in sections 707(3) and 1012C(6) of the Corporations Act by virtue of: The publication of a cleansing notice under section 708A(5), 708AA(2)(f), 1012DA(5) or 1012DAA(2)(f)

Application for quotation of +securities

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Application for quotation of +securities

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Part 3B - number and type of +securities to be quoted (existing class) where issue has not previously been notified to ASX in an Appendix 3B

Additional +securities to be quoted in an existing class

ASX +security code and description

ARC : ORDINARY FULLY PAID

Issue date

22/10/2021

Will the +securities to be quoted rank equally in all respects from their issue date with the existing issued +securities in that class? Yes

Issue details

Number of +securities to be quoted

300,000

Are the +securities being issued for a cash consideration?

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No

Please describe the consideration being provided for the +securities

Issued to Directors as remuneration in lieu of cash remuneration

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

0.247700

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

The fully paid ordinary shares will be issued pari passu to existing securities and will be subject to a trading lock period that restricts trading on the Australian Stock Exchange for an overall period of one year (365 days) from the date of approval for the issue of the shares. The shares will be issued within one month from the date of the Meeting.

The purpose(s) for which the entity is issuing the securities

To pay for services rendered

Please provide additional details

Issued to Directors as remuneration in lieu of cash remuneration

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 ARC : ORDINARY FULLY PAID 30,076,352

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

Application for quotation of +securities

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Application for quotation of +securities

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Part 5 - Other Listing Rule requirements

5.1 Are the +securities being issued under an exception in Listing Rule 7.2 and therefore the issue does 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

21/10/2021

Application for quotation of +securities

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