ELSIGHT LIMITED — Share Issue/Capital Change 2022

May 18, 2022

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

Thursday May 19, 2022

The +securities the subject of this notification are:

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+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
New class - code	ELSAY - OPTION EXPIRING 25-APR-2027	200,000	26/04/2022
to be confirmed	EX.$0.43
New class - code	ELSAZ - OPTION EXPIRING 25-APR-207 EX.	300,000	26/04/2022
to be confirmed	$0.49

Refer to next page for full details of the announcement

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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

19/5/2022

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Part 2 - Issue details

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2.1 The +securities the subject of this notification are:

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+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:

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does not have an existing ASX security code ("new class")

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

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ASX +security code +Security description
New class - code to be confirmed ELSAY - OPTION EXPIRING 25-APR-2027 EX.$0.43
+Security type ISIN code
Options
Date the +securities the subject of this notification were issued
26/4/2022
Will all the +securities issued in this class rank equally in all respects from their issue date?
Yes
Were any of the +securities issued to +key management personnel (KMP) or an +associate?
No
Have you received confirmation from ASX that the terms of the +securities are appropriate and equitable under
listing rule 6.1?
No
Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being
issued.
Options Details
+Security currency Exercise price Expiry date
AUD - Australian Dollar AUD 0.43000000 25/4/2027
Details of the existing class of +security that will be issued upon exercise or conversion of this new class of
company option
Other
Description
ELS - One fully paid ordinary share per Option upon conversion.
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
Refer Notice of Annual General Meeting.
https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02249032-3A543834?access_token=83
ff96335c2d45a094df02a206a39ff4
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Any other information the entity wishes to provide about the +securities the subject of this notification

Unquoted Options issued to eligible employees under the Employee Share Option Plan approved by shareholders on 30 July 2020.

	Issue details
	Number of +securities
	200,000
	ASX +security code New class - code to be confirmed	+Security description ELSAZ - OPTION EXPIRING 25-APR-207 EX. $0.49
	+Security type	ISIN code
	Options
	Date the +securities the subject of this notification were	issued
	26/4/2022
	Will all the +securities issued in this class rank equally in all respects from their issue date?
	Yes
	Were any of the +securities issued to +key management	personnel (KMP) or an +associate?
	No
	Have you received confirmation from ASX that the terms of the +securities are appropriate and equitable under
	listing rule 6.1?
	No
	Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being
	issued.

Options Details

+Security currency	Exercise price	Expiry date
AUD - Australian Dollar	AUD 0.49000000	25/4/2027
Details of the existing class of +security that will be issued upon exercise or conversion of this new class of
company option
Other

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Description

ELS - One fully paid ordinary share per Option upon conversion.

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

Refer Notice of Annual General Meeting. https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02249032-3A543834?access_token=83 ff96335c2d45a094df02a206a39ff4

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

Unquoted Options issued to eligible employees under the Employee Share Option Plan approved by shareholders on 30 July 2020.

Issue details

Number of +securities

300,000

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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	146,565,634
ELSOA : OPTION EXPIRING 31-MAR-2023	23,222,653
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
ELSAI : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES	4,850,280
ELSAX : OPTION EXPIRING 14-SEP-2026 EX $0.48	2,590,000
ELSAW : OPTION EXPIRING 14-SEP-2026 EX $0.42	1,045,000
ELSAL : OPTION EXPIRING 23-APR-2025 EX 28C	1,306,668
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
ELSAU : OPTION EXPIRING 14-DEC-2026 EX $0.38	250,000
ELSAV : OPTION EXPIRING 14-DEC-2026 EX $0.44	200,000
ELSAQ : OPTION EXPIRING 13-APR-2026 EX $0.50	100,000
ELSAR : OPTION EXPIRING 01-FEB-2026 EX $0.43	210,000
ELSAS : OPTION EXPIRING 09-MAR-2026 EX $0.52	180,000

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

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New class - code to be confirmed : ELSAY - OPTION EXPIRING	25-APR-2027 EX.$0.43	200,000
New class - code to be confirmed : ELSAZ - OPTION EXPIRING	25-APR-207 EX. $0.49	300,000

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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? Yes

5.1a Select the number of the applicable exception in Listing Rule 7.2

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