DEVELOP GLOBAL LIMITED — Capital/Financing Update 2022

Nov 6, 2022

Application for quotation of +securities

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Announcement Summary

Entity name

DEVELOP GLOBAL LIMITED

Announcement Type

New announcement

Date of this announcement

Monday November 07, 2022

The +securities to be quoted are:

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+Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B

Total number of +securities to be quoted

ASX +security		Number of +securities to
code	Security description	be quoted	Issue date
DVP	ORDINARY FULLY PAID	1,528,383	04/11/2022

Refer to next page for full details of the announcement

Application for quotation of +securities

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Application for quotation of +securities

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Part 1 - Entity and announcement details

1.1 Name of entity

DEVELOP GLOBAL LIMITED

We (the entity named above) apply for +quotation of the following +securities and agree to the matters set out in Appendix 2A of the ASX Listing Rules.

1.2 Registered number type

ABN

Registration number 28122180205

1.3 ASX issuer code

DVP

1.4 The announcement is

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New announcement

1.5 Date of this announcement

7/11/2022

Application for quotation of +securities

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Application for quotation of +securities

Part 2 - Type of Issue

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2.1 The +securities to be quoted are:

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+Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B

Previous Appendix 3B details:

Announcement Date and	Announcement Title	Selected Appendix 3B to submit quotation
Time		request
09-Aug-2022 17:22	New - Proposed issue of securities -	A placement or other type of issue
	DVP

2.3a.2 Are there any further issues of +securities yet to take place to complete the transaction(s) referred to in the Appendix 3B?

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Yes

2.3a.3 Please provide details of the further issues of +securities yet to take place to complete the transaction(s) referred to in the Appendix 3B

The issue of the Stage 2 consideration is yet to be completed. Refer notice of general meeting lodged with ASX on 1 August 2022 and ASX announcement 7 November 2022 for further detail.

Application for quotation of +securities

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Application for quotation of +securities

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Part 3A - number and type of +securities to be quoted where issue has previously been notified to ASX in an Appendix 3B

Placement Details

ASX +security code and description DVP : ORDINARY FULLY PAID

Issue date

4/11/2022

Distribution Schedule

Provide a distribution schedule for the new +securities according to the categories set out in the left hand column - including the number of recipients and the total percentage of the new +securities held by the recipients in each category.

		Total percentage of +securities held
Number of +securities held	Number of holders	For example, to enter a value of 50%
		please input as 50.00
1 - 1,000		%
1,001 - 5,000		%
5,001 - 10,000		%
10,001 - 100,000		%
100,001 and over		%

Application for quotation of +securities

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Application for quotation of +securities

Issue details

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Number of +securities to be quoted

1,528,383

Are the +securities being issued for a cash consideration?

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No

Please describe the consideration being provided for the +securities

The securities are issued as part consideration for the acquisition of the Premium Group.

Please provide an estimate (in AUD) of the value of the consideration being provided per +security for the +securities to be quoted

2.290000

Any other information the entity wishes to provide about the +securities to be quoted

Shareholder approval received 2 September 2022, including approval for the issue of part of the consideration (163,755 shares) to a related party under ASX LR10.11.

Application for quotation of +securities

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Application for quotation of +securities

Part 4 - Issued capital following quotation

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Following the quotation of the +securities the subject of this application, the issued capital 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 on ASX following the +quotation of the +securities subject of this application)

	Total number of
ASX +security code and description	+securities on issue
DVP : ORDINARY FULLY PAID	163,434,855

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
DVPAY : OPTION EXPIRING 22-JUN-2024 EX $0.75	3,400,000
DVPAZ : OPTION EXPIRING 22-JUN-2023 EX $0.675	14,254,316
DVPAAH : OPTION EXPIRING 21-SEP-2025 EX $4.25	100,000
DVPAAG : OPTION EXPIRING VARIOUS DATES VARIOUS PRICES	1,390,000
DVPAW : OPTION EXPIRING 18-JUL-2023 EX $0.675	1,622,372
DVPAV : PERFORMANCE RIGHTS	1,000,333
DVPAAC : OPTION EXPIRING 01-OCT-2024 EX $5.00	200,000
DVPAAB : OPTION EXPIRING 17-JUN-2025 EX $0.75	14,000,000
DVPAAA : OPTION EXPIRING 17-JUN-2024 EX $0.75	14,000,000

Application for quotation of +securities

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