DEVEX RESOURCES LIMITED — Share Issue/Capital Change 2024

Nov 21, 2024

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Announcement Summary

Entity name

DEVEX RESOURCES LIMITED

Date of this announcement

Friday November 22, 2024

The +securities the subject of this notification are:

+Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX Total number of +securities to be issued/transferred

		Total number of
ASX +security		+securities to be
code	Security description	issued/transferred	Issue date
DEVAA	PERFORMANCE RIGHTS	822,622	22/11/2024

Refer to next page for full details of the announcement

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Appendix 3G - 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

DEVEX RESOURCES 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 Registration number ABN 74009799553

1.3 ASX issuer code

DEV

1.4 The announcement is

New announcement

1.5 Date of this announcement

22/11/2024

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Appendix 3G - 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:

+Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX

2.2a This notification is given in relation to an issue of +securities in a class which is not quoted on ASX and which:

has an existing ASX security code ("existing class")

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Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Part 3B - number and type of +securities the subject of this notification (existing class) where issue has not previously been notified to ASX in an Appendix 3B

ASX +security code and description

DEVAA : PERFORMANCE RIGHTS

Date the +securities the subject of this notification were issued

22/11/2024

Will these +securities rank equally in all respects from their issue date with the existing issued +securities in that class 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
Todd James Ross	Todd Ross James	297,333
Brendan John Bradley	Brendan John Bradley	297,333
Stacey Apostolou	Apostman Holdings Pty Ltd<Apostman A/C>	227,956

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

A summary of the Employee Securities Incentive Plan is included in the 2022 Notice of Annual General Meeting Explanatory Memorandum (Notice) lodged with the ASX on 19 October 2022. A copy of the Notice is available at: https://a nnouncements.asx.com.au/asxpdf/20221019/pdf/45ggzrhgby6x3s.pdf.

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

A summary of the material terms of the Performance Rights are included in schedule 3 of the Notice of Annual General Meeting Explanatory Memorandum (Notice) lodged with the ASX on 23 October 2024. A copy of the Notice is available at https://announcements.asx.com.au/asxpdf/20241023/pdf/069glvgldnsph2.pdf.

Issue details

Number of +securities

822,622

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Appendix 3G - 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 notification, the +securities of the entity will comprise:

The figures in parts 4.1 and 4.2 below are automatically generated and may not reflect the entity's current issued capital if other Appendix 2A, Appendix 3G or Appendix 3H forms are currently with ASX for processing.

4.1 Quoted +securities (Total number of each +class of +securities issued and quoted on ASX)

	Total number of
ASX +security code and description	+securities on issue
DEV : ORDINARY FULLY PAID	441,690,671
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
DEVAJ : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES	16,850,000
DEVAA : PERFORMANCE RIGHTS	1,072,622

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

22/11/2024

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