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ARCHER MATERIALS LIMITED Share Issue/Capital Change 2021

Jun 16, 2021

64478_rns_2021-06-16_579313a2-4a63-4700-8124-fd60a8d48353.pdf

Share Issue/Capital Change

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Corporate Exercise of unlisted options

Archer Materials Limited (ACN: 123 993 233) Lot Fourteen, Frome Road, Adelaide SA 5000

17 June 2021

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ASX Announcement (ASX: AXE )

Exercise of Unlisted Options Notice under section 708A(5)(e) of the Corporations Act

Archer Materials Limited (“Archer”, the “Company”) (ASX: AXE ) has today issued 1,470,000 fully paid ordinary shares in the Company following the exercise of unlisted options, previously issued under an employee incentive scheme. The unlisted options had an exercise price of $0.1929 each and expiry of 31 March 2023.

Details of the issue are:

Details of the issue are:
Class of securities Ordinary Shares
ASX Code of the securities AXE
Date of the issue of the securities 17 June 2021
Total number of securities issued or expected to be issued 1,470,000

Archer advises that:

  1. The above shares were issued without disclosure to investors under Part 6D.2 of the Corporations Act 2001 (Cth) ( Corporations Act ).

  2. This notice is given under section 708A(5)(e) of the Corporations Act.

  3. As at the date of this notice, the Company has complied with the provisions of Chapter 2M of the Act as they apply to the Company and section 674 of the Corporations Act.

  4. As at the date of this notice, there is “no excluded information” within the meaning of sections 708A(7) and 708A(8) of the Corporations Act (as if this notice were a notice under paragraph 708A(5)(e) of the Corporations Act).

For further information please contact:

The Board of Archer authorised this For more information about Archer’s activities, announcement to be given to ASX. please visit our: General Enquiries Website: Mr Greg English https://archerx.com.au/ Executive Chairman Twitter: Dr Mohammad Choucair Chief Executive Officer https://twitter.com/archerxau Tel: +61 8 8272 3288 YouTube: Mr Damien Connor https://bit.ly/2UKBBmG Company Secretary Tel: +61 8 8272 3288 Sign up to our Newsletter: http://eepurl.com/dKosXI Media Enquiries Mr James Galvin Communications Officer Email: [email protected]