ELSIGHT LIMITED — Capital/Financing Update 2023

Apr 4, 2023

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

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Announcement Summary

Entity name

ELSIGHT LIMITED

Date of this announcement

Wednesday April 05, 2023

The +securities the subject of this notification are:

+Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B that are not quoted, and 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
ELSAAC	CONVERTIBLE NOTES	433,833	05/04/2023

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

ELSIGHT 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

ACN

Registration number

616435753

1.3 ASX issuer code

ELS

1.4 The announcement is

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New announcement

1.5 Date of this announcement

5/4/2023

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Part 2 - Issue details

2.1 The +securities the subject of this notification are:

+Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B that are not quoted, and are not intended to be quoted, on ASX

Previous Appendix 3B details:

Announcement Date and Announcement Title Selected Appendix 3B to submit quotation Time request 04-Nov-2022 11:03 New - Proposed issue of securities - A placement or other type of issue ELS

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? 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

1,083,333 Convertible Notes to be further issued upon completion of the Convertible Notes capital raise announced to the ASX on 4 November 2022.

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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities	Notification of Issue, Conversion or Payment up of Unquoted Equity Securities
Part 3A - number and type of +securities the subject of this notification (existing class or new class) where issue has previously been
notified to ASX in an Appendix 3B
Placement Details
ASX +security code and description
ELSAAC : CONVERTIBLE NOTES
Date the +securities the subject of this notification were	issued
5/4/2023
Any other information the entity wishes to provide about the +securities the subject of this notification 433,833 Convertible Notes issued on the terms and condition of the Convertible Notes capital raise announced to the ASX on 4 November 2022. 1,083,333 Convertible Notes to be further issued upon completion of the Convertible Notes capital raise.
Issue details
Number of +securities
433,833
Were the +securities issued for a cash consideration?
Yes
In what currency was the cash consideration being	What was the issue price per +security?
paid?
AUD - Australian Dollar	AUD 0.30000000

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Part 4 - +Securities on issue

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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
ELS : ORDINARY FULLY PAID	150,319,581
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
ELSAAD : OPTION EXPIRING 18-JAN-2028 EX $0.37	43,000
ELSAAE : OPTION EXPIRING 18-JUL-2025 EX $0.37	50,000
ELSAAC : CONVERTIBLE NOTES	25,583,333
ELSAI : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES	876,900
ELSAX : OPTION EXPIRING 14-SEP-2026 EX $0.48	1,100,000
ELSAW : OPTION EXPIRING 14-SEP-2026 EX $0.42	611,000
ELSAAB : OPTION EXPIRING 30-AUG-2027 EX $0.37	3,222,000
ELSAL : OPTION EXPIRING 23-APR-2025 EX 28C	1,050,000
ELSAM : OPTION EXPIRING 15-MAY-2025 EX 34C	150,000
ELSAN : OPTION EXPIRING 12-JUN-2025 EX 32C	100,000
ELSAP : OPTION EXPIRING 27-JUL-2025 EX $0.30	75,000
ELSAAA : OPTION EXPIRING 25-MAY-2027 EX $0.48	3,583,452
ELSAU : OPTION EXPIRING 14-DEC-2026 EX $0.38	250,000

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

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ELSAV : OPTION EXPIRING	14-DEC-2026	EX $0.44	200,000
ELSAY : OPTION EXPIRING	25-APR-2027	EX $0.43	200,000
ELSAZ : OPTION EXPIRING	25-APR-2027	EX $0.49	300,000
ELSAR : OPTION EXPIRING	01-FEB-2026	EX $0.43	160,000

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