ELSIGHT LIMITED — Share Issue/Capital Change 2022

Apr 28, 2022

Application for quotation of +securities

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Announcement Summary

Entity name

ELSIGHT LIMITED

Announcement Type

New announcement

Date of this announcement

Friday April 29, 2022

The +securities to be quoted are:

+Securities issued, transferred or re-classified as a result of options being exercised or other +convertible securities being converted

Total number of +securities to be quoted

ASX +security		Number of +securities to
code	Security description	be quoted	Issue date
ELS	ORDINARY FULLY PAID	13,040,720	22/04/2022
ELS	ORDINARY FULLY PAID	54,166	31/01/2022

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

ELSIGHT 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

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

29/4/2022

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Application for quotation of +securities

Part 2 - Type of Issue

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2.1 The +securities to be quoted are:

+Securities issued, transferred or re-classified as a result of options being exercised or other +convertible securities being converted

2.2 The +securities to be quoted are:

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Additional +securities in a class that is already quoted on ASX ("existing class")

Application for quotation of +securities

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Application for quotation of +securities

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

Existing +securities converting into additional +securities in an existing class

FROM (Existing Class) ASX +security code and description ELSAI : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES

TO (Existing Class) ASX +security code and description

ELS : ORDINARY FULLY PAID

Please state the number of options The first date the options were The last date the options were that were exercised or other exercised or other +convertible exercised or other +convertible +convertible securities that were securities were converted securities were converted converted 21/4/2022 22/4/2022 13,040,720

Is this all of the options or other +convertible securities on issue of that type (ie have all of those options now been exercised or have all of those convertible securities now been converted)? No

The right of the holder of the options or other +convertible securities to receive the +underlying securities is being satisfied by:

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An issue of new +securities

The underlying securities being received by the holder are: Intended to be, but are not yet, quoted by ASX

Were the options being exercised or other +convertible securities being converted issued under an +employee incentive scheme? Yes

Are any of the options being exercised or other +convertible securities being converted held by +key management personnel (KMP) or an +associate? Yes

Provide details of the KMP or +associates who are exercising options or converting convertible securities

Number of options being exercised or other +convertible securities Name of KMP Name of registered holder being converted Roee Kashi Roee Kashi 5,055,720

Application for quotation of +securities

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Application for quotation of +securities

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Issue date

22/4/2022

Will the +securities to be quoted rank equally in all respects from their issue date with the existing issued +securities in that class? Yes

Issue details

Number of +securities to be quoted

13,040,720

Are the +securities being issued for a cash consideration?

Yes In what currency is the cash consideration being paid? What is the issue price per +security? AUD - Australian Dollar AUD 0.20000000

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

Early exercise of options by Co-Founders pursuant to the Company's Employee Share Option Plan as previously approved by Shareholders. Shares issued will be subject to six months voluntary escrow restrictions.

Existing +securities converting into additional +securities in an existing class

FROM (Existing Class) ASX +security code and description ELSAL : OPTION EXPIRING 23-APR-2025 EX 28C

TO (Existing Class) ASX +security code and description ELS : ORDINARY FULLY PAID Please state the number of options The first date the options were The last date the options were that were exercised or other exercised or other +convertible exercised or other +convertible +convertible securities that were securities were converted securities were converted converted 31/1/2022 31/1/2022 54,166

Is this all of the options or other +convertible securities on issue of that type (ie have all of those options now been exercised or have all of those convertible securities now been converted)? No

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Application for quotation of +securities

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The right of the holder of the options or other +convertible securities to receive the +underlying securities is being satisfied by:

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An issue of new +securities

The underlying securities being received by the holder are:

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Intended to be, but are not yet, quoted by ASX

Were the options being exercised or other +convertible securities being converted issued under an +employee incentive scheme? No

Issue date

31/1/2022

Will the +securities to be quoted rank equally in all respects from their issue date with the existing issued +securities in that class?

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Yes

Issue details

Number of +securities to be quoted

54,166

Are the +securities being issued for a cash consideration?	Are the +securities being issued for a cash consideration?
Yes
In what currency is the cash consideration being paid?	What is the issue price per +security?
AUD - Australian Dollar	AUD 0.28000000
Any other information the entity wishes to provide about	the +securities to be quoted

Exercise of employee options pursuant to the Company's Employee Share Option Plan as previously approved by Shareholders.

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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
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

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