BEFOREPAY GROUP LIMITED — Capital/Financing Update 2022

Jan 12, 2022

Market Announcement

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13 January 2022

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Beforepay Group Limited (ASX: B4P) – Admission and Quotation

Description

Beforepay Group Limited (‘B4P’) was admitted to the Official List of ASX on Thursday, 13 January 2022.

The securities of B4P will commence quotation at 11:00am AEDT on Monday, 17 January 2022.

B4P raised $35,000,001.30 pursuant to the offer under its replacement prospectus dated 29 November 2021 by the issue of 10,263,930 shares at an issue price of $3.41 per share.

Quotation information

Quoted securities	Fully paid ordinary shares: 31,675,058
ASX code	Fully paid ordinary shares: B4P
Time	11:00am AEDT
Date	Monday, 17 January 2022
ASX trade abbreviation	BEFOREPAY
ISIN	Fully paid ordinary shares: AU0000190803
Registered office	Beforepay Group Limited
	Address: Suite 2, Level 6, 50 Carrington Street, Sydney NSW 2000
	Phone: 1300 870 711
	Email: hello@automic.com.au
Company secretary	Elizabeth Spooner and David Hwang
Share Registry	Automic Pty Ltd
	Address: Level 5, 126 Phillip Street, Sydney NSW 2000
	Phone: 02 9698 5414
	Email: hello@automic.com.au
Balance date	30 June
CHESS	Participating. CHESS and Issuer Sponsored.
Place of incorporation	New South Wales
Dividend policy	See section 4.6.3 of the Replacement Prospectus
Activities	Beforepay operates in the Pay on Demand industry. Pay on Demand is a
	relatively new concept, however it appears attractive to potential
	customers, and has been experiencing rapid growth as customers seek a
	more flexible and transparent way to manage their personal finances.
	Companies operating in the Pay on Demand sector provide support to
	individuals to manage their cashflow by providing rapid access to a
	proportion of their upcoming pay which can be used for any purpose.

Market Announcement 1/3

12 January 2022 ASX Limited

ASX Customer Service Centre 131 279 | asx.com.au

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Joint lead managers	E&P Corporate Advisory Pty Ltd
	Shaw and Partners Limited
Underwriters	E&P Corporate Advisory Pty Ltd
	Shaw and Partners Limited
ASX restricted securities	11,633,064 Shares classified by ASX as restricted securities and to be held
	in escrow until 17 January 2024, being 24 months after the date of
	commencement of official quotation.
	71,400 options exercisable at $1.30 each on or before 30 June 2024,
	classified by ASX as restricted securities and to be held in escrow until 17
	January 2024, being 24 months after the date of commencement of official
	quotation
	1,635,400 options exercisable at $1.30 each on or before 30 June 2024,
	classified by ASX as restricted securities and to be held in escrow until 17
	January 2024, being 24 months after the date of commencement of official
	quotation
	181,600 options exercisable at $0.8793 each on or before 1 July 2031,
	classified by ASX as restricted securities and to be held in escrow until 17
	January 2024, being 24 months after the date of commencement of official
	quotation

60,600 options exercisable at $0.8793 each on or before 1 July 2031, classified by ASX as restricted securities and to be held in escrow until 17 January 2024, being 24 months after the date of commencement of official quotation.

41,400 options exercisable at $6.82 each on or before 27 January 2024, classified by ASX as restricted securities and to be held in escrow until 17 January 2024, being 24 months after the date of commencement of official quotation.

20,000 options exercisable at $1.30 each on or before 1 August 2026, classified by ASX as restricted securities and to be held in escrow until 17 January 2024, being 24 months after the date of commencement of official quotation

882,214 Shares classified by ASX as restricted securities and to be held in escrow until 1 February 2022, being 12 months from the date on which the restricted securities were issued.

34,563 Shares classified by ASX as restricted securities and to be held in escrow until 15 February 2022, being 12 months from the date on which the restricted securities were issued.

63,500 Shares classified by ASX as restricted securities and to be held in escrow until 14 April 2022, being 12 months from the date on which the restricted securities were issued.

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12 January 2022

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1,191,154 Shares classified by ASX as restricted securities and to be held in escrow until 5 May 2022, being 12 months from the date on which the restricted securities were issued.

969,729 Shares classified by ASX as restricted securities and to be held in escrow until 1 September 2022, being 12 months from the date on which the restricted securities were issued.

63,500 options exercisable at $6.82 each on or before 15 September 2023, classified by ASX as restricted securities and to be held in escrow until 21 October 2022, being 12 months from the date on which the restricted securities were issued.

Other securities not quoted 2,903,350 options exercisable at various exercise prices on various dates.

Need more information?

For further information, please refer to B4P’s Replacement Prospectus.

Need more information?

For further information, please call Beforepay Group Limited.

Disclaimer

Please refer to the following disclaimer.

Issued by

Wade Baggott

Senior Manager, Listings Admissions

Market Announcement 3/3

12 January 2022