DEEP YELLOW LIMITED — Share Issue/Capital Change 2021

Dec 9, 2021

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

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Announcement Summary

Entity name

DEEP YELLOW LIMITED

Date of this announcement

Friday December 10, 2021

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	Options expiring 1 July 2026	97,354	06/12/2021
to be confirmed
New class - code	Options expiring 1 July 2027	44,444	06/12/2021
to be confirmed
New class - code	Options expiring 1 July 2028	44,445	06/12/2021
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

DEEP YELLOW 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

ABN

Registration number

97006391948

1.3 ASX issuer code

DYL

1.4 The announcement is

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New announcement

1.5 Date of this announcement

10/12/2021

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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

Unquoted options issued to Directors

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

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New +securities
ASX +security code +Security description
New class - code to be confirmed Options expiring 1 July 2026
+Security type ISIN code
Options
Date the +securities the subject of this notification were issued
6/12/2021
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/2924-02443627-6A1059343?access_token=8
3ff96335c2d45a094df02a206a39ff4
Options Details
+Security currency Exercise price Expiry date
AUD - Australian Dollar AUD 0.00000000 1/7/2026
Details of the existing class of +security that will be issued upon exercise or conversion of this new class of
company option
Other
Description
DYL
Any other information the entity wishes to provide about the +securities the subject of this notification
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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

N/A

Issue details

Number of +securities 97,354

Were the +securities issued for a cash consideration? No

Please describe the consideration being provided for the +securities Nil cash consideration in lieu of fees Purpose of the issue To pay for services rendered

Additional Details Issued in lieu of director fees

New +securities

ASX +security code +Security description New class - code to be confirmed Options expiring 1 July 2027 +Security type ISIN code Options Date the +securities the subject of this notification were issued 6/12/2021 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/2924-02443627-6A1059343?access_token=8 3ff96335c2d45a094df02a206a39ff4

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Options Details

+Security currency Exercise price Expiry date AUD - Australian Dollar AUD 0.00000000 1/7/2027

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

Other

Description

DYL

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

N/A

Issue details

Number of +securities

44,444

Were the +securities issued for a cash consideration?

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No

Please describe the consideration being provided for the +securities

Nil cash consideration in lieu of fees

Purpose of the issue

To pay for services rendered

Additional Details

Issued in lieu of director fees

New +securities

ASX +security code

New class - code to be confirmed

+Security description

Options expiring 1 July 2028

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+Security type ISIN code Options Date the +securities the subject of this notification were issued 6/12/2021 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/2924-02443627-6A1059343?access_token=8 3ff96335c2d45a094df02a206a39ff4 Options Details +Security currency Exercise price Expiry date AUD - Australian Dollar AUD 0.00000000 1/7/2028 Details of the existing class of +security that will be issued upon exercise or conversion of this new class of company option Other Description DYL 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 N/A

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Issue details

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Number of +securities

44,445

Were the +securities issued for a cash consideration?

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No

Please describe the consideration being provided for the +securities

Issued for NIL cash consideration

Purpose of the issue

To pay for services rendered

Additional Details

Issued in lieu of fees

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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
DYL : ORDINARY FULLY PAID	381,272,387
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
DYLAQ : PERFORMANCE RIGHT	840,039
DYLAS : OPTION EXPIRING 01-JUL-2025 EX NIL	229,884
DYLAR : OPTION EXPIRING 01-JUL-2024 EX NIL PRICE	277,779
New class - code to be confirmed : Options expiring 1 July 2026	97,354
New class - code to be confirmed : Options expiring 1 July 2027	44,444
New class - code to be confirmed : Options expiring 1 July 2028	44,445

4.2 Unquoted +Securities (Total number of each +class of +securities issued but not quoted on ASX)

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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? Yes

5.2a Date of meeting or proposed meeting to approve the issue under listing rule 7.1

29/11/2021

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