LARK DISTILLING CO. LTD — Share Issue/Capital Change 2021

Jul 11, 2021

Application for quotation of +securities

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Announcement Summary

Entity name

LARK DISTILLING CO. LTD

Announcement Type

New announcement

Date of this announcement

Monday July 12, 2021

The +securities to be quoted are:

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Other

Total number of +securities to be quoted

ASX +security		Number of +securities to
code	Security description	be quoted	Issue date
LRK	ORDINARY FULLY PAID	20,000	12/07/2021

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

LARK DISTILLING CO. LTD

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

ABN

Registration number 62104600544

1.3 ASX issuer code

LRK

1.4 The announcement is

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New announcement

1.5 Date of this announcement

12/7/2021

Application for quotation of +securities

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Application for quotation of +securities

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Part 2 - Type of Issue

2.1 The +securities to be quoted are:

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Other

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")

2.3c Have these +securities been offered under a +disclosure document or +PDS? No

2.3d Please provide any further information needed to understand the circumstances in which you are applying to have these +securities quoted on ASX, including why the issue of the +securities has not been previously announced to the market in an Appendix 3B

In relation to an incentive to accelerate the Lark on-premises distribution strategy. The issue of shares was not previously announced in an Appendix 3B as the issue was not a "proposed" issue requiring announcement of an Appendix 3B.

2.4 Any on-sale of the +securities to be quoted within 12 months of their date of issue will comply with the secondary sale provisions in sections 707(3) and 1012C(6) of the Corporations Act by virtue of: The publication of a cleansing notice under section 708A(5), 708AA(2)(f), 1012DA(5) or 1012DAA(2)(f)

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 Additional +securities to be quoted in an existing class ASX +security code and description LRK : ORDINARY FULLY PAID Issue date 12/7/2021 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 20,000 Are the +securities being issued for a cash consideration? No Please describe the consideration being provided for the +securities The shares are being issued in relation to an incentive to accelerate the Lark on-premises distribution strategy Please provide an estimate (in AUD) of the value of the consideration being provided per +security for the +securities to be quoted 3.230000 Any other information the entity wishes to provide about the +securities to be quoted None The purpose(s) for which the entity is issuing the securities Other Please provide additional details The shares are being issued in relation to an incentive to accelerate the Lark on-premises distribution strategy

Application for quotation of +securities

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Application for quotation of +securities

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
LRK : ORDINARY FULLY PAID	63,089,350
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
LRKAF : OPTION EXPIRING 31-DEC-2022 EX $2.25	233,335
LRKAD : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES	102,776
LRKAE : PERFORMANCE RIGHTS	3,033,334

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

Application for quotation of +securities

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Application for quotation of +securities

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Part 5 - Other Listing Rule requirements

5.1 Are the +securities being issued under an exception in Listing Rule 7.2 and therefore the issue does not need any security holder approval under Listing Rule 7.1? No

5.2 Has the entity obtained, or is it obtaining, +security holder approval for the issue under listing rule 7.1? No

5.2b Are any of the +securities being issued without +security holder approval using the entity's 15% placement capacity under listing rule 7.1? Yes

5.2b.1 How many +securities are being issued without +security holder approval using the entity's 15% placement capacity under listing rule 7.1?

20,000

5.2c Are any of the +securities being issued without +security holder approval using the entity's additional 10% placement capacity under listing rule 7.1A (if applicable)? No

Application for quotation of +securities

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