ARCHTIS LIMITED — Capital/Financing Update 2018

Sep 18, 2018

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17 September 2018

STATEMENT OF CAPITAL STRUCTURE

The capital structure of archTIS Limited (ACN 123 098 671) (Company) following the issue of securities pursuant to its prospectus dated 1 August 2018 replacing a prospectus dated 19 July 2018 (Prospectus) is set out below.

Shares1	Number (Minimum Subscription)
Shares on issue as at the date of the Prospectus	83,096,982
Shares issued pursuant to the Offer	40,000,000
Total Shares on issue after completion of the Offer	123,096,982

Notes

1. The rights attaching to the Shares are summarised in Section 12.2 of the Prospectus.

Options1	Options1	Number (Minimum Subscription)
Options on issue as at the date of the Prospectus:1
Options exercisable at $0.10 on or before 10 October 2022		4,289,880
Options exercisable at $0.12 on or before 1 February 2021		7,500,000
Options exercisable at $0.20 on or before 1 July 2023		1,200,000
Options to be issued under the Offer		Nil
Options issued to nominees of the Lead Manager under the Lead Manager Mandate2		5,000,000
Options proposed to be issued to employees under the Performance Rights and Options Plan3		1,600,000
Total Options on issue after completion of the Offer		19,589,880
Phone: Intl Phone: Fax: ACN Email:	1300ARCHTIS +61 2 6162 2783 +61 2 6162 2418 123 098 071 info@archtis.com

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Notes

1. The Company has obtained a waiver from the ASX so that it is permitted to have Options on issue, at the time of quotation, where those Options have an exercise price of less than $0.20.

2. These Options are exercisable at $0.24 on or before the date that is four years from the date of issue and otherwise on the terms and conditions set out in Section 12.3 of the Prospectus.

3. These Options are exercisable at $0.20 on or before the date that is three years from the date of issue and otherwise on the terms and conditions set out in Section 12.5 of the Prospectus.

Partly Paid Shares1	Number (Minimum Subscription)
Partly paid shares	720,000
Partly paid shares issued pursuant to the Offer	Nil
Total Shares on issue after completion of the Offer	720,000

Notes

1. The partly paid shares on issue were previously issued as employee incentives to three employees of the Company. No amount has been paid on these partly paid shares as at the date of the Prospectus. The total amount that remains unpaid is currently $0.33. Under the terms of the partly paid shares, the Company has the right to make a call on the partly paid shares, and the holder has 12 months to pay the call. The Company has given notice to the three holders on or about 5 July 2018. The terms of the partly paid shares are outlined in Section 12.4 of the Prospectus.

For and on behalf of the Board,

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Baden M Bowen Company Secretary

Phone: 1300 ARCHTIS Intl Phone: +61 2 6162 2783 Fax: +61 2 6162 2418 ACN 123 098 071 Email: info@archtis.com

Level 3, 10 National Circuit Barton ACT 2600 AUSTRALIA

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www.archtis.com