CLUEY LTD — Share Issue/Capital Change 2022

Jul 25, 2022

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

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Announcement Summary

Entity name

CLUEY LTD

Date of this announcement

Tuesday July 26, 2022

The +securities the subject of this notification are:

+Securities issued under an +employee incentive scheme that are subject to a restriction on transfer and are not being quoted on ASX until the restriction ends

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	OPTION EXPIRING 21-JUL-2027 EX $0.50	2,055,000	21/07/2022
to be confirmed

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

CLUEY 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

65644675909

1.3 ASX issuer code

CLU

1.4 The announcement is

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New announcement

1.5 Date of this announcement

26/7/2022

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Part 2 - Issue details

2.1 The +securities the subject of this notification are:

+Securities issued under an +employee incentive scheme that are subject to a restriction on transfer and are not being quoted on ASX until the restriction ends

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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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 issued under an +employee incentive scheme

ASX +security code New class - code to be confirmed	+Security description OPTION EXPIRING 21-JUL-2027 EX $0.50
+Security type	ISIN code
Options

Date the +securities the subject of this notification were issued 21/7/2022

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 Fordred	Gregory Fordred	175,000
Matteo Trinca	Matteo Trinca	220,000
Michael Allara	Michael Allara	145,000
Selina Samuels	Selina Samuels	125,000
Trevor McDougall	Trevor McDougall	175,000

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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Yes

Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being issued.

The terms of the Cluey Omnibus Incentive Scheme were previoiusly lodged with ASX on 28 September 2021, "Notice of 2021 Annual General Meeting". https://www2.asx.com.au/markets/trade-our-cash-market/announcements.clu

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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 0.50000000 21/7/2027

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

Other

Description

On exercise of these options, Cluey Limited Ordinary Fully Paid shares (ASX:CLU) will be issued.

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

The terms of the Cluey Omnibus Incentive Scheme were previoiusly lodged with ASX on 28 September 2021, "Notice of 2021 Annual General Meeting". https://www2.asx.com.au/markets/trade-our-cash-market/announcements.clu

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

The allocation of options to KMP in part reflects the Board's decision to not provide salary increases to KMP in order to conserve cash. The balance of options were allocated to key employees as a retention initiative.

Issue details

Number of +securities

2,055,000

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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
CLU : ORDINARY FULLY PAID	112,504,062

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
CLUAJ : PERFORMANCE RIGHTS EXPIRING 03-MAY-2026	875,000
CLUAI : OPTION EXPIRING 03-MAY-2026 EX $1.10	3,332,000
CLUAH : ORDINARY FULLY PAID RESTRICTED	25,222,293
CLUAK : OPTION EXPIRING 31-AUG-2026 EX $1.02	120,000
New class - code to be confirmed : OPTION EXPIRING 21-JUL-2027 EX $0.50	2,055,000

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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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