DEVELOP GLOBAL LIMITED — Share Issue/Capital Change 2022

Feb 24, 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

Friday February 25, 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	11,268,899	28/02/2022

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

25/2/2022

Application for quotation of +securities

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Application for quotation of +securities

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Part 2 - Type of Issue

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 17-Feb-2022 10:47 New - Proposed issue of securities - An accelerated offer (institutional) 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

It is expected, up to a further 3,881,541 new fully paid ordinary shares will be issued pursuant to the retail component of the accelerated non-renounceable pro-rata entitlement offer.

It is also expected that up to 303,030 Director Shares will be issued, subject to shareholder approval.

The date of the meeting at which shareholder approval for the issue of Director Shares will be sought is unknown.

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

Institutional Securities

ASX +security code and description DVP : ORDINARY FULLY PAID Issue date 28/2/2022 Issue details

Number of +securities to be quoted 11,268,899 Issue currency Issue price or consideration per +security AUD - Australian Dollar AUD 3.30000000

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

This Appendix 2A relates to the issue of new fully paid ordinary shares under both the placement and the institutional component of the accelerated non-renounceable pro-rata entitlement offer.

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	152,158,010
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	14,439,724
DVPAW : OPTION EXPIRING 18-JUL-2023 EX $0.675	2,273,641
DVPAAF : ORDINARY FULLY PAID DEFERRED	7,574,683
DVPAV : PERFORMANCE RIGHTS	372,600
DVPAAC : OPTION EXPIRING 01-OCT-2024 EX $5.00	200,000
DVPAAD : OPTION EXPIRING 24-JAN-2025 EX $4.50	600,000
DVPAAB : OPTION EXPIRING 17-JUN-2025 EX $0.75	14,000,000
DVPAAA : OPTION EXPIRING 17-JUN-2024 EX $0.75	14,000,000

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

Application for quotation of +securities

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