INVION LIMITED — Share Issue/Capital Change 2022

Sep 12, 2022

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

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Announcement Summary

Entity name

INVION LIMITED

Date of this announcement

Tuesday September 13, 2022

The +securities the subject of this notification are: Other

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	Unquoted options expiring 31/10/2025	6,090,139	12/09/2022
to be confirmed

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

INVION 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

094730417

1.3 ASX issuer code

IVX

1.4 The announcement is

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New announcement

1.5 Date of this announcement

13/9/2022

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Part 2 - Issue details

2.1 The +securities the subject of this notification are:

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Other

Please specify

Options issued in lieu of directors fees following Shareholder Approval at AGM held 9 Nov 2021

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

New +securities ASX +security code +Security description New class - code to be confirmed Unquoted options expiring 31/10/2025 +Security type ISIN code Options Date the +securities the subject of this notification were issued 12/9/2022 Will all the +securities issued in this class rank equally in all respects from their issue date? Yes 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. The 2021 Notice of Annual General Meeting can be found at: https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02433030-2A1329717?access_token=8

Options Details +Security currency Exercise price Expiry date AUD - Australian Dollar AUD 0.00000000 31/10/2025 Details of the existing class of +security that will be issued upon exercise or conversion of this new class of company option Other Description

IVX: Fully Paid Ordinary Shares

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

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

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Please provide any further information needed to understand the circumstances in which you are notifying the issue of these +securities to ASX, including why the issue of the +securities has not been previously announced to the market in an Appendix 3B

6,090,139 unlisted options being issued to directors in lieu of directors fees for the period June - August 2022. The options were approved at the 2021 Annual General Meeting on 9 November 2021 (Resolution 5a, 5b, 5c and 5d). The 2021 Notice of Annual General Meeting can be found at: https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02433030-2A1329717?access_token=8

Issue details

Number of +securities

6,090,139

Were the +securities issued for a cash consideration?

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No

Please describe the consideration being provided for the +securities

The options were approved by Shareholders at the AGM on 9 November 2021 (Resolution 5a, 5b, 5c and 5d) in lieu of directors fees being paid in cash.

Purpose of the issue

To pay for services rendered

Additional Details

Share options issued in lieu of directors fees in cash approved at the 2021 Annual General Meeting.

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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
IVX : ORDINARY FULLY PAID	6,416,513,644
IVXO : OPTION EXPIRING 17-JUN-2023	295,417,773

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
IVXAX : OPTION EXPIRING 22-OCT-2024 EX $0.0177	20,443,211
IVXAW : OPTION EXPIRING 01-JUL-2024 EX 2C	15,928,570
IVXAZ : OPTION EXPIRING 31-OCT-2024 EX $0.0106	2,725,762
IVXAA : OPTION EXPIRING 31-OCT-2024 EX NIL	7,313,661
IVXAT : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES	199,434,880
IVXAV : OPTION EXPIRING 31-AUG-2024 EX 1.72C	20,443,211
IVXAU : OPTION EXPIRING 30-OCT-2023 EX 2C	2,725,761
IVXAY : OPTION EXPIRING 31-OCT-2024 EX $0.00	5,670,282
IVXAAE : OPTION EXPIRING 31-OCT-2025 EX NIL	2,979,408
IVXAAG : OPTION EXPIRING 31-OCT-2025 EX NIL	4,989,744
IVXAAC : OPTION EXPIRING 23-SEP-2025 EX $0.017	138,488,557
IVXAAA : OPTION EXPIRING 31-OCT-2024 EX NIL	2,556,462

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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities
IVXAAF : OPTION EXPIRING 31-OCT-2025 EX NIL	3,505,568
IVXAAB : OPTION EXPIRING 31-OCT-2024 EX NIL	3,639,427
New class - code to be confirmed : Unquoted options expiring 31/10/2025	6,090,139

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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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