BOTANIX PHARMACEUTICALS LTD — Share Issue/Capital Change 2023

Jul 26, 2023

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

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Announcement Summary

Entity name

BOTANIX PHARMACEUTICALS LTD

Date of this announcement

Thursday July 27, 2023

The +securities the subject of this notification are: 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	Unquoted options exercisable at $0.18 each and	6,000,000	27/07/2023
to be confirmed	expiring on 27 July 2025

Refer to next page for full details of the announcement

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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

BOTANIX PHARMACEUTICALS LTD

We (the entity named above) give notice of the issue, conversion or payment up of the following unquoted +securities.

1.2 Registered number type

ABN

Registration number

70009109755

1.3 ASX issuer code

BOT

1.4 The announcement is

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New announcement

1.5 Date of this announcement

27/7/2023

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

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Part 2 - Issue details

2.1 The +securities the subject of this notification are:

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Other

Please specify

Issue of options (new class of security) included in the Appendix 3B lodged on 21/7/23.

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

New +securities ASX +security code +Security description New class - code to be confirmed Unquoted options exercisable at $0.18 each and expiring on 27 July 2025 +Security type ISIN code Options Date the +securities the subject of this notification were issued 27/7/2023 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://www.asxonline.com/companies/e/status/viewPdf/2580493 and the ASX announcement of 21 July 2023. Options Details +Security currency Exercise price Expiry date AUD - Australian Dollar AUD 0.18000000 27/7/2025 Details of the existing class of +security that will be issued upon exercise or conversion of this new class of company option Other Description BOT: Fully paid ordinary shares. Any other information the entity wishes to provide about the +securities the subject of this notification Refer Appendix 3B and ASX announcement of 21 July 2023.

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

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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

The issue of the 6,000,000 unquoted options exercisable at $0.18 each and expiring on 27 July 2025 was included in an Appendix 3B lodged with ASX on 21 July 2023.

Issue details

Number of +securities

6,000,000

Were the +securities issued for a cash consideration?

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No

Please describe the consideration being provided for the +securities

Issued to Euroz Hartleys Limited (Sole Lead Manager and Bookrunner of the Placement). Refer Appendix 3B and ASX announcement lodged on 21 July 2023 for further information.

Purpose of the issue

Other

Additional Details

Issued to Euroz Hartleys (Lead Manager & Bookrunner of the Placement). Refer to 21/7/23 Appendix 3B.

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

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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
BOT : ORDINARY FULLY PAID	1,317,030,146

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
BOTAAD : PERFORMANCE RIGHTS	7,333,335
BOTAD : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES	62,041,991
BOTAAC : OPTION EXPIRING 14-APR-2025 EX $0.072	10,000,000
BOTAAB : OPTION EXPIRING 22-MAR-2025 EX $0.094	4,000,000
BOTAAE : OPTION EXPIRING 13-MAR-2026 EX $0.078	8,500,000
BOTAF : OPTION EXPIRING 7-OCT-2024 EX $0.089	10,000,000
New class - code to be confirmed : Unquoted options exercisable at $0.18 each and expiring	6,000,000
on 27 July 2025

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

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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? 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?

6,000,000 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

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