ARTRYA LIMITED — Share Issue/Capital Change 2023

Nov 21, 2023

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

==> picture [21 x 22] intentionally omitted <==

Announcement Summary

Entity name

ARTRYA LIMITED

Date of this announcement

Wednesday November 22, 2023

The +securities the subject of this notification are:

==> picture [8 x 9] intentionally omitted <==

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	Options: exercise price $0.215, milestone date	987,500	21/11/2023
to be confirmed	30/8/2024; expiry date 21/11/2028
New class - code	Options: exercise price $0.215, milestone date	592,500	21/11/2023
to be confirmed	31/3/2025; expiry date 21/11/2028
New class - code	Options: exercise price $0.215, milestone date	1,185,000	21/11/2023
to be confirmed	21/11/2028; expiry date 21/11/2028

Refer to next page for full details of the announcement

Notification of Issue, Conversion or Payment up of Unquoted E it S iti

1 / 12

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

==> picture [21 x 22] intentionally omitted <==

Part 1 - Entity and announcement details

1.1 Name of entity

ARTRYA LIMITED

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

624005741

1.3 ASX issuer code

AYA

1.4 The announcement is

==> picture [8 x 8] intentionally omitted <==

New announcement

1.5 Date of this announcement

22/11/2023

Notification of Issue, Conversion or Payment up of Unquoted E it S iti

2 / 12

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

==> picture [21 x 22] intentionally omitted <==

Part 2 - Issue details

2.1 The +securities the subject of this notification are:

==> picture [8 x 8] intentionally omitted <==

Other

Please specify

Securities issued part of a transaction announced in Appendix 3B that are not intended to be quoted

2.2a This notification is given in relation to an issue of +securities in a class which is not quoted on ASX and which:

==> picture [8 x 9] intentionally omitted <==

does not have an existing ASX security code ("new class")

Notification of Issue, Conversion or Payment up of Unquoted E it S iti

3 / 12

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

==> picture [21 x 22] intentionally omitted <==

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

==> picture [538 x 628] intentionally omitted <==

----- Start of picture text -----

New +securities
ASX +security code +Security description
New class - code to be confirmed Options: exercise price $0.215, milestone date 30/8/2024;
expiry date 21/11/2028
+Security type ISIN code
Options
Date the +securities the subject of this notification were issued
21/11/2023
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/2924-02741960-6A1181345?access_token=8
3ff96335c2d45a094df02a206a39ff4
Options Details
+Security currency Exercise price Expiry date
AUD - Australian Dollar AUD 0.21500000 21/11/2028
Details of the existing class of +security that will be issued upon exercise or conversion of this new class of
company option
Other
Description
Ordinary fully paid share (AYA)
Any other information the entity wishes to provide about the +securities the subject of this notification
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
----- End of picture text -----

Notification of Issue, Conversion or Payment up of Unquoted E it S iti

4 / 12

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

==> picture [21 x 22] intentionally omitted <==

the market in an Appendix 3B

Have been announced in an Appendix 3B released on 21 November 2023

Issue details

Number of +securities

987,500

Were the +securities issued for a cash consideration?

==> picture [9 x 9] intentionally omitted <==

No

Please describe the consideration being provided for the +securities

Options issued under a commercial partnership agreement with Northeast Georgia Health Ventures (refer ASX announcement dated 20/11/2023)

Purpose of the issue

Other

Additional Details

Pursuant to a commercial partnership agreement

New +securities

ASX +security code +Security description New class - code to be confirmed Options: exercise price $0.215, milestone date 31/3/2025; expiry date 21/11/2028 +Security type ISIN code Options Date the +securities the subject of this notification were issued 21/11/2023 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/2924-02741960-6A1181345?access_token=8 3ff96335c2d45a094df02a206a39ff4

Notification of Issue, Conversion or Payment up of Unquoted E it S iti

5 / 12

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

==> picture [21 x 22] intentionally omitted <==

Options Details

+Security currency

AUD - Australian Dollar

Exercise price Expiry date AUD 0.21500000 21/11/2028

Details of the existing class of +security that will be issued upon exercise or conversion of this new class of company option

Other

Description

Ordinary fully paid share (AYA)

Any other information the entity wishes to provide about the +securities the subject of this notification

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

Have been announced in an Appendix 3B released on 21 November 2023

Issue details

Number of +securities

592,500

Were the +securities issued for a cash consideration?

==> picture [9 x 8] intentionally omitted <==

No

Please describe the consideration being provided for the +securities

Options issued under a commercial partnership agreement with Northeast Georgia Health Ventures (refer ASX announcement dated 20/11/2023)

Purpose of the issue

Other

Additional Details

Pursuant to a commercial partnership agreement

New +securities

ASX +security code

New class - code to be confirmed

Notification of Issue, Conversion or Payment up of Unquoted E it S iti

6 / 12

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

==> picture [21 x 22] intentionally omitted <==

+Security description

Options: exercise price $0.215, milestone date 21/11/2028; expiry date 21/11/2028

+Security type ISIN code

Options

Date the +securities the subject of this notification were issued

21/11/2023

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?

==> picture [9 x 8] intentionally omitted <==

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/2924-02741960-6A1181345?access_token=8 3ff96335c2d45a094df02a206a39ff4

Options Details

+Security currency Exercise price Expiry date AUD - Australian Dollar AUD 0.21500000 21/11/2028

Details of the existing class of +security that will be issued upon exercise or conversion of this new class of company option

Other

Description

Ordinary fully paid share (AYA)

Any other information the entity wishes to provide about the +securities the subject of this notification

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

Have been announced in an Appendix 3B released on 21 November 2023

Notification of Issue, Conversion or Payment up of Unquoted E it S iti

7 / 12

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

Issue details

==> picture [21 x 22] intentionally omitted <==

Number of +securities

1,185,000

Were the +securities issued for a cash consideration?

==> picture [9 x 8] intentionally omitted <==

No

Please describe the consideration being provided for the +securities

Options issued under a commercial partnership agreement with Northeast Georgia Health Ventures (refer ASX announcement dated 20/11/2023)

Purpose of the issue

Other

Additional Details

Pursuant to a commercial partnership agreement

Notification of Issue, Conversion or Payment up of Unquoted E it S iti

8 / 12

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

==> picture [21 x 22] intentionally omitted <==

==> picture [540 x 710] intentionally omitted <==

Notification of Issue, Conversion or Payment up of Unquoted E it S iti

9 / 12

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

Part 4 - +Securities on issue

==> picture [21 x 22] intentionally omitted <==

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
AYA : ORDINARY FULLY PAID	63,038,523
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
AYAAAD : OPTION EXPIRING 01-JUL-2027 EX $1.50	500,000
AYAAAF : PERFORMANCE RIGHTS	4,137,632
AYAAAE : OPTION EXPIRING 16-FEB-2027 EX $1.50	2,000,000
AYAAL : OPTION EXPIRING 13-JAN-2027 EX $1.35	1,300,000
AYAAM : OPTION EXPIRING 13-JAN-2027 EX $3.00	1,300,000
AYAAN : OPTION EXPIRING 13-JAN-2027 EX $5.00	1,300,000
AYAAAH : OPTION EXPIRING 20-JUN-2027 EX $3.00	325,000
AYAAAI : OPTION EXPIRING 20-JUN-2027 EX $5.00	325,000
AYAAAG : OPTION EXPIRING 20-JUN-2027 EX $1.35	325,000
AYAAAA : OPTION EXPIRING 28-MAR-2027 EX $1.35	650,000
AYAAAB : OPTION EXPIRING 28-MAR-2027 EX $3.00	650,000
AYAAAC : OPTION EXPIRING 28-MAR-2027 EX $5.00	650,000
AYAAC : ORDINARY FULLY PAID RESTRICTED	15,610,470

Notification of Issue, Conversion or Payment up of Unquoted E it S iti

10 / 12

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

==> picture [21 x 22] intentionally omitted <==

Notification of Issue, Conversion or Payment up of Unquoted Equity Securities
AYAAD : OPTION EXPIRING 25-MAR-2024 RESTRICTED	6,000,000
AYAAE : OPTION EXPIRING 23-APR-2026 RESTRICTED	500,000
AYAAI : OPTION EXPIRING 27-NOV-2025 EX $0.075	55,000
AYAAJ : OPTION EXPIRING 31-DEC-2025 EX $0.075	1,226,752
AYAAH : OPTION EXPIRING 23-SEP-2025 EX $0.056	1,300,000
AYAAF : OPTION EXPIRING 09-JUL-2026 RESTRICTED	5,500,000
New class - code to be confirmed : Options: exercise price $0.215, milestone date	987,500
30/8/2024; expiry date 21/11/2028
New class - code to be confirmed : Options: exercise price $0.215, milestone date	592,500
31/3/2025; expiry date 21/11/2028
New class - code to be confirmed : Options: exercise price $0.215, milestone date	1,185,000
21/11/2028; expiry date 21/11/2028

Notification of Issue, Conversion or Payment up of Unquoted E it S iti

11 / 12

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

==> picture [21 x 22] intentionally omitted <==

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? No

5.2b Are any of the +securities being issued without +security holder approval using the entity's 15% placement capacity under listing rule 7.1? Yes

5.2b.1 How many +securities are being issued without +security holder approval using the entity's 15% placement capacity under listing rule 7.1?

2,765,000 unlisted options

5.2c Are any of the +securities being issued without +security holder approval using the entity's additional 10% placement capacity under listing rule 7.1A (if applicable)? No

Notification of Issue, Conversion or Payment up of Unquoted E it S iti

12 / 12