ASTRON LIMITED — Share Issue/Capital Change 2023

Dec 4, 2023

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

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Announcement Summary

Entity name

ASTRON CORPORATION LIMITED

Date of this announcement

Tuesday December 05, 2023

The +securities the subject of this notification are:

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+Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX

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	ATRAA Options Expiring 30/11/2024 EX$0.3375	800,000	30/11/2021
to be confirmed
New class - code	ATRAB Options Expiring 30/11/2024 EX$0.72	800,000	30/11/2021
to be confirmed
New class - code	ATRAC Options Expiring 13/12/2024 EX$0.63	2,100,000	13/12/2021
to be confirmed
New class - code	ATRAD Options Expiring 22/11/2025 EX$0.7725	800,000	22/11/2022
to be confirmed
New class - code	ATRAE Options Expiring 1/10/2025 EX$0.90	600,000	01/10/2022
to be confirmed

Refer to next page for full details of the announcement

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

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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

ASTRON CORPORATION 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

ARBN

Registration number

154924553

1.3 ASX issuer code

ATR

1.4 The announcement is

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New announcement

1.5 Date of this announcement

5/12/2023

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

Part 2 - Issue details

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2.1 The +securities the subject of this notification are:

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+Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX

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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ASX +security code +Security description
New class - code to be confirmed ATRAA Options Expiring 30/11/2024 EX$0.3375
+Security type ISIN code
Options
Date the +securities the subject of this notification were issued
30/11/2021
Will all the +securities issued in this class rank equally in all respects from their issue date?
Yes
Were any of the +securities issued to +key management personnel (KMP) or an +associate?
Yes
Provide details of the KMP or +associates being issued +securities.
Name of KMP Name of registered holder Number of +securities
Dr Mark Elliott Dr Mark Elliott 800,000
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://www.astronlimited.com.au/wp-content/uploads/2022/10/221028-ATR-AGM-NoM.pdf
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Options Details +Security currency Exercise price Expiry date AUD - Australian Dollar AUD 0.33750000 30/11/2024 Details of the existing class of +security that will be issued upon exercise or conversion of this new class of company option Other Description CDI

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

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Please provide a URL link for a document lodged with ASX detailing the terms of the +employee incentive scheme or a summary of the terms https://www.astronlimited.com.au/wp-content/uploads/2022/10/221028-ATR-AGM-NoM.pdf

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

CDI price at date of agreement to issue $0.225

Issue details

Number of +securities

800,000

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ASX +security code +Security description
New class - code to be confirmed ATRAB Options Expiring 30/11/2024 EX$0.72
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+Security type ISIN code
Options
Date the +securities the subject of this notification were issued
30/11/2021
Will all the +securities issued in this class rank equally in all respects from their issue date?
Yes
Were any of the +securities issued to +key management personnel (KMP) or an +associate?
Yes

Yes	Yes
Provide details of the KMP or +associates being issued +securities.
Name of KMP	Name of registered holder	Number of +securities
George Lloyd	Jojeto Pty Ltd	800,000

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://www.astronlimited.com.au/wp-content/uploads/2022/10/221028-ATR-AGM-NoM.pdf

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

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Options Details

+Security currency AUD - Australian Dollar

Exercise price Expiry date AUD 0.72000000 30/11/2024

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

Other

Description CDI

Please provide a URL link for a document lodged with ASX detailing the terms of the +employee incentive scheme or a summary of the terms https://www.astronlimited.com.au/wp-content/uploads/2022/10/221028-ATR-AGM-NoM.pdf

Any other information the entity wishes to provide about the +securities the subject of this notification CDI price at date of issue $0.48

Issue details

Number of +securities

800,000

ASX +security code +Security description New class - code to be confirmed ATRAC Options Expiring 13/12/2024 EX$0.63 +Security type ISIN code Options

Date the +securities the subject of this notification were issued

13/12/2021

Will all the +securities issued in this class rank equally in all respects from their issue date? Yes

Were any of the +securities issued to +key management personnel (KMP) or an +associate? Yes

Provide details of the KMP or +associates being issued +securities.

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

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Name of KMP	Name of registered holder	Number of +securities
Sean Chelius	Sean Chelius	600,000
Joshua Theunissen	Joshua Theunissen	200,000

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://www.astronlimited.com.au/wp-content/uploads/2022/10/221028-ATR-AGM-NoM.pdf

Options Details

+Security currency

+Security currency Exercise price Expiry date AUD - Australian Dollar AUD 0.63000000 13/12/2024

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

Other

Description

CDI

Please provide a URL link for a document lodged with ASX detailing the terms of the +employee incentive scheme or a summary of the terms https://www.astronlimited.com.au/wp-content/uploads/2022/10/221028-ATR-AGM-NoM.pdf

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

CDI price at date of agreement to issue $0.42

Issue details

Number of +securities

2,100,000

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ASX +security code +Security description New class - code to be confirmed ATRAD Options Expiring 22/11/2025 EX$0.7725 +Security type ISIN code Options

Date the +securities the subject of this notification were issued

22/11/2022

Will all the +securities issued in this class rank equally in all respects from their issue date? Yes

Were any of the +securities issued to +key management personnel (KMP) or an +associate? Yes

Provide details of the KMP or +associates being issued +securities.

Name of KMP	Name of registered holder	Number of +securities
Gerard King	Pandora Nominees Pty Ltd	400,000
George Lloyd	George Lloyd	400,000

Have you received confirmation from ASX that the terms of the +securities are appropriate and equitable under listing rule 6.1?

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No

Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being issued. https://www.astronlimited.com.au/wp-content/uploads/2022/10/221028-ATR-AGM-NoM.pdf

Options Details

+Security currency AUD - Australian Dollar

Exercise price Expiry date AUD 0.77250000 22/11/2025

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

Other

Description

CDI

Please provide a URL link for a document lodged with ASX detailing the terms of the +employee incentive scheme or a summary of the terms

https://www.astronlimited.com.au/wp-content/uploads/2022/10/221028-ATR-AGM-NoM.pdf

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

CDI price at date of agreement to issue $0.515

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Issue details

Number of +securities

800,000

ASX +security code +Security description New class - code to be confirmed ATRAE Options Expiring 1/10/2025 EX$0.90 +Security type ISIN code Options

Date the +securities the subject of this notification were issued

1/10/2022

Will all the +securities issued in this class rank equally in all respects from their issue date? Yes

Were any of the +securities issued to +key management personnel (KMP) or an +associate? Yes

Provide details of the KMP or +associates being issued +securities.

Name of KMP	Name of registered holder	Number of +securities
Gregory Bell	Gregory Bell	600,000

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://www.astronlimited.com.au/wp-content/uploads/2022/10/221028-ATR-AGM-NoM.pdf

Options Details +Security currency AUD - Australian Dollar

Exercise price AUD 0.90000000

Expiry date 1/10/2025

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

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

Other

Description

CDI

Please provide a URL link for a document lodged with ASX detailing the terms of the +employee incentive scheme or a summary of the terms https://www.astronlimited.com.au/wp-content/uploads/2022/10/221028-ATR-AGM-NoM.pdf

Any other information the entity wishes to provide about the +securities the subject of this notification CDI price at date of agreement to issue $0.60

Issue details

Number of +securities

600,000

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

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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
ATR : CHESS DEPOSITARY INTERESTS 1:1	156,784,219

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
ATRAA : CONVERTIBLE NOTES PRINCIPAL	50,000
ATRAB : CONVERTIBLE NOTES SUPPLEMENTARY	10,000
New class - code to be confirmed : ATRAA Options Expiring 30/11/2024 EX$0.3375	800,000
New class - code to be confirmed : ATRAB Options Expiring 30/11/2024 EX$0.72	800,000
New class - code to be confirmed : ATRAC Options Expiring 13/12/2024 EX$0.63	2,100,000
New class - code to be confirmed : ATRAD Options Expiring 22/11/2025 EX$0.7725	800,000
New class - code to be confirmed : ATRAE Options Expiring 1/10/2025 EX$0.90	600,000

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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? Yes

5.1a Select the number of the applicable exception in Listing Rule 7.2

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