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FIRSTWAVE CLOUD TECHNOLOGY LIMITED Share Issue/Capital Change 2024

Dec 4, 2024

64905_rns_2024-12-04_aa45ad16-bb9d-4f53-8e70-f29b6c992e57.pdf

Share Issue/Capital Change

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

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Announcement Summary

Entity name

FIRSTWAVE CLOUD TECHNOLOGY LIMITED

Date of this announcement

Thursday December 05, 2024

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
FCTAAB SHARE APPRECIATION RIGHTS 4,053,233 05/12/2024
FCTAZ SERVICE RIGHTS 7,418,739 05/12/2024

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

FIRSTWAVE CLOUD TECHNOLOGY 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 35144733595

1.3 ASX issuer code

FCT

1.4 The announcement is

New announcement

1.5 Date of this announcement

5/12/2024

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 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
06-May-2024 09:08 New - Proposed issue of securities - A placement or other type of issue
FCT

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?

No

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 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

FCTAZ : SERVICE RIGHTS

Date the +securities the subject of this notification were issued

5/12/2024

Any other information the entity wishes to provide about the +securities the subject of this notification The securities are being issued in lieu of director fees to the following: John Grant - 4,000,000 Ray Kiley - 492,423 Danny Maher - 2,926,316

Issue details

Number of +securities

7,418,739

Were the +securities issued for a cash consideration?

No Please describe the consideration being provided for the +securities

As per the agreement with directors to receive a component of remuneration lieu of cash to reduce the cash burden on the business.

ASX +security code and description

FCTAAB : SHARE APPRECIATION RIGHTS

Date the +securities the subject of this notification were issued

5/12/2024

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

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

Issue details

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Number of +securities

4,053,233

Were the +securities issued for a cash consideration?

No

Please describe the consideration being provided for the +securities

As per the agreement with director to receive a component of remuneration lieu of cash to reduce the cash burden on the business.

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 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
FCT : ORDINARY FULLY PAID 1,713,019,362

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
FCTAAB : SHARE APPRECIATION RIGHTS 54,130,222
FCTAB : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES 10,516,669
FCTAZ : SERVICE RIGHTS 30,684,793
FCTAAA : RESTRICTED RIGHTS 4,683,679
FCTAG : PERFORMANCE RIGHTS 1,000,000
FCTAAD : CONVERTIBLE NOTES 69,444,445

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

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