ELSIGHT LIMITED — Share Issue/Capital Change 2019

May 23, 2019

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ASX Announcement

24 May 2019

Release of Securities from Escrow

Elsight Limited (ASX: ELS) , advises in accordance with ASX Listing Rule 3.10A that the following securities are due to be released from escrow on 8 June 2019 .

Securities	Number
Fully paid ordinary shares	48,483,955
Options @ $0.30 expiry 2/6/2020	7,000,000
Options @ $0.20 expiry 2/06/2022	8,608,000
Performance Options @ $0.20 expiry 2/6/2022	29,595,000
Performance Options @$0.20 expiry 2/6/2022	405,000

The aforesaid 48,483,955 ordinary shares being released from escrow are currently not quoted on the ASX and as such quotation of these shares will be sought in accordance with ASX Listing Rule 2.8.2.

- ENDS -

Mark Licciardo Company Secretary

About Elsight

Elsight (www.el-sight.com) is a solution provider of ground-breaking hybrid video and data transport services (on-the-move or fixed) for large Safe-City projects, sensitive facilities management, and surveillance and protective activities. The platform supports video capturing, recording, and highly secured transmission against video interception and hacking. Elsight ’s platform was designed to address the most demanding requirements of Special Forces across enemy lines and sophisticated intelligence organisations. These systems underwent the most rigorous testing in combat situations as well as extensive testing by the most demanding laboratories. As a result, they present an unmatched level of reliability, lowest latency, and highest adaptive bandwidth over cellular networks that enables HD and 4K tv transmission quality, with “never-fail” redundancy and much more. For the first time they offer strict military requirements for civil usage. Elsight ’s customers range from defense and homeland security, industrial security, broadcasting, first responders and healthcare.

Elsight Limited ACN 616 435 753