MACH7 TECHNOLOGIES LIMITED — Share Issue/Capital Change 2016

Nov 28, 2016

Notification of Consolidation/Split

==> picture [21 x 22] intentionally omitted <==

Notification of Consolidation/Split

Announcement Summary

Entity name

MACH7 TECHNOLOGIES LIMITED

Applicable security for the reorganisation

==> picture [471 x 157] intentionally omitted <==

----- Start of picture text -----

M7T ORDINARY FULLY PAID
M7TAK PERFORMANCE SHARES
M7TAJ OPTION EXPIRING VARIOUS DATES EX
VARIOUS PRICES
M7TAE ORDINARY FULLY PAID RESTRICTED
M7TAI OPTION EXPIRING 06-FEB-2017 EX 5C
M7TAG OPTION EXPIRING 06-FEB-2017
RESTRICTED
M7TAL ORDINARY FULLY PAID RESTRICTED
----- End of picture text -----

Announcement Type

New Announcement

Date of this announcement

Tuesday November 29, 2016

Reorganisation type

Security consolidation

Effective Date

Wednesday January 11, 2017

Record Date

Thursday January 12, 2017

Issue Date

Thursday January 19, 2017

Refer to below for full details of the announcement

Announcement Details

Part 1 - Entity and announcement details

1.1 *Name of +Entity

MACH7 TECHNOLOGIES LIMITED

Registration Number

1.2 *Registered Number Type

ABN

26007817192

Notification of Consolidation/Split

1 / 5

Notification of Consolidation/Split

==> picture [21 x 22] intentionally omitted <==

1.3 *ASX issuer code

M7T

1.4 *The announcement is

New announcement

1.5 *Date of this announcement

Tuesday November 29, 2016

1.6 *Securities affected by the reorganisation

==> picture [477 x 157] intentionally omitted <==

----- Start of picture text -----

M7T ORDINARY FULLY PAID
M7TAK PERFORMANCE SHARES
M7TAJ OPTION EXPIRING VARIOUS DATES EX
VARIOUS PRICES
M7TAE ORDINARY FULLY PAID RESTRICTED
M7TAI OPTION EXPIRING 06-FEB-2017 EX 5C
M7TAG OPTION EXPIRING 06-FEB-2017
RESTRICTED
M7TAL ORDINARY FULLY PAID RESTRICTED
----- End of picture text -----

Part 2 - Approvals

2.1 *Are any of the below approvals required for the reorganisation before business day 0 of the timetable?

• Security holder approval Court approval

• Lodgement of court order with +ASIC ACCC approval

• FIRB approval

• Another approval/condition external to the entity required to be given/met before business day 0 of the timetable for the reorganisation.

Yes

2.2 Approvals

Approval/Condition Date for determination Is the date estimated Approval +Security holder Wednesday or actual? received/condition approval December 28, 2016 Actual met? [Select...] Comments**

Part 3 - Reorganisation timetable and details

3.1 *+Record date

Thursday January 12, 2017

Notification of Consolidation/Split

2 / 5

Notification of Consolidation/Split

==> picture [21 x 22] intentionally omitted <==

3.2 Date of +security holder meeting

Wednesday December 28, 2016

3.3 Last day for trading in the pre-re-organised +securities

Tuesday January 10, 2017

3.4 *Effective date. Trading in the re-organised securities commences on a +deferred settlement basis. If the +entity's securities are suspended from trading during this period there will be no +deferred settlement trading however ASX still captures this date.

Wednesday January 11, 2017

3.5 Record date

Thursday January 12, 2017

3.6 First day for +entity to send notices to +security holders of the change in the number of +securities they hold. First day for +entity to register +securities on a post-reorganised basis Friday January 13, 2017

3.7 *+Issue date. +Deferred settlement market ends. Last day for +entity to send notices to +security holder of the change in the number of +securities they hold. Last day for +entity to register +securities on a post-reorganised basis

Thursday January 19, 2017

3.8 Trading starts on a normal T+2 basis

Friday January 20, 2017

3.9 First settlement of trades conducted on a +deferred settlement basis and on a normal T+2 basis

Tuesday January 24, 2017

Part 4 - Reorganisation type and details

4.1 *The reorganisation is

+Security consolidation

4.1a *Consolidation ratio: the +securities will be consolidated on the basis that every

10

(pre-consolidation) +securities will be consolidated into

1

(post-consolidation) +security (/ies).

4.2 *Scrip fraction rounding

Fractions rounded up to the next whole number

Part 5 - +Securities on issue before and after reorganisation

5.1 *+Securities on issue before and after the reorganisation

ASX +Security Code ASX +Security M7T Description ORDINARY FULLY PAID

Notification of Consolidation/Split

3 / 5

Notification of Consolidation/Split

==> picture [21 x 22] intentionally omitted <==

==> picture [540 x 720] intentionally omitted <==

----- Start of picture text -----

Quoted/unquoted Number on issue Number on issue after Estimate/Actual
Quoted before reorganisation reorganisation Estimated
586,865,104 58,686,510
ASX +Security Code ASX +Security
M7TAK Description
PERFORMANCE
SHARES
Quoted/unquoted Number on issue Number on issue after Estimate/Actual
Unquoted before reorganisation reorganisation Estimated
300,000,000 30,000,000
ASX +Security Code ASX +Security
M7TAJ Description
OPTION EXPIRING
VARIOUS DATES EX
VARIOUS PRICES
Quoted/unquoted Number on issue Number on issue after Estimate/Actual
Unquoted before reorganisation reorganisation Estimated
5,750,000 575,000
ASX +Security Code ASX +Security
M7TAE Description
ORDINARY FULLY
PAID RESTRICTED
Quoted/unquoted Number on issue Number on issue after Estimate/Actual
Unquoted before reorganisation reorganisation Estimated
58,748,168 5,874,817
ASX +Security Code ASX +Security
M7TAI Description
OPTION EXPIRING
06-FEB-2017 EX 5C
Quoted/unquoted Number on issue Number on issue after Estimate/Actual
Unquoted before reorganisation reorganisation Estimated
29,952,573 2,995,257
ASX +Security Code ASX +Security
M7TAG Description
OPTION EXPIRING
06-FEB-2017
RESTRICTED
Quoted/unquoted Number on issue Number on issue after Estimate/Actual
Unquoted before reorganisation reorganisation Estimated
12,939,854 1,293,985
ASX +Security Code ASX +Security
M7TAL Description
ORDINARY FULLY
PAID RESTRICTED
----- End of picture text -----

Notification of Consolidation/Split

4 / 5

Notification of Consolidation/Split

==> picture [21 x 22] intentionally omitted <==

==> picture [478 x 474] intentionally omitted <==

----- Start of picture text -----

Quoted/unquoted Number on issue Number on issue after Estimate/Actual
Unquoted before reorganisation reorganisation Estimated
441,933,006 44,193,301
5.2 Exercise price of options
ASX +Security Code ASX +Security Description
M7TAK PERFORMANCE SHARES
Quoted/unquoted Exercise price before Exercise price after
Unquoted reorganisation reorganisation
0.00000000 0.00000000
ASX +Security Code ASX +Security Description
M7TAJ OPTION EXPIRING
VARIOUS DATES EX
VARIOUS PRICES
Quoted/unquoted Exercise price before Exercise price after
Unquoted reorganisation reorganisation
0.00000000 0.00000000
ASX +Security Code ASX +Security Description
M7TAI OPTION EXPIRING
06-FEB-2017 EX 5C
Quoted/unquoted Exercise price before Exercise price after
Unquoted reorganisation reorganisation
0.05000000 0.50000000
ASX +Security Code ASX +Security Description
M7TAG OPTION EXPIRING
06-FEB-2017 RESTRICTED
Quoted/unquoted Exercise price before Exercise price after
Unquoted reorganisation reorganisation
0.05000000 0.50000000
----- End of picture text -----*

Part 6 - Further information

6.1 Further information relating to the reorganisation

6.2 Additional information for inclusion in the Announcement Summary

Notification of Consolidation/Split

5 / 5