MITCHELL SERVICES LIMITED — Share Issue/Capital Change 2021

Jun 29, 2021

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

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Announcement Summary

Entity name

MITCHELL SERVICES LIMITED

Date of this announcement

Wednesday June 30, 2021

The +securities the subject of this notification are:

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+Other securities issued under an +employee incentive scheme that 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
MSVAA	PERFORMANCE RIGHTS	452,864	25/06/2021
MSVAK	OPTION EXPIRING VARIOUS DATES EX	1,330,805	25/06/2021
	VARIOUS PRICES

Refer to next page for full details of the announcement

Notification of Issue, Conversion or Payment up of Unquoted E it S iti

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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

MITCHELL SERVICES 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 31149206333

1.3 ASX issuer code

MSV

1.4 The announcement is

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New announcement

1.5 Date of this announcement

30/6/2021

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Part 2 - Issue details

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2.1 The +securities the subject of this notification are:

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+Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX

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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has an existing ASX security code ("existing class")

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

ASX +security code and description

MSVAA : PERFORMANCE RIGHTS

Date the +securities the subject of this notification were issued

25/6/2021

Will these +securities rank equally in all respects from their issue date with the existing issued +securities in that class Yes

Were any of the +securities issued to +key management personnel (KMP) or an +associate? Yes

Provide details of the KMP or +associates being issued +securities.

Name of KMP	Name of registered holder	Number of +securities
Andrew Elf	Andrew Elf	103,481
Greg Switala	Greg Switala	77,610

Please provide a URL link for a document lodged with ASX detailing the terms of the +employee incentive scheme or a summary of the terms

A summary of the terms of the Mitchell Services Limited Employee Share and Option Plan (ESOP) was contained in the Notice of Meeting for Mitchell Services Limited's 2019 Annual General Meeting. https://www.asx.com.au/asxpdf/20191024/pdf/449tn856fc9ky0.pdf

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

Issue details

Number of +securities

452,864

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

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ASX +security code and description

MSVAK : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES

Date the +securities the subject of this notification were issued

25/6/2021

Will these +securities rank equally in all respects from their issue date with the existing issued +securities in that class

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Yes

Were any of the +securities issued to +key management personnel (KMP) or an +associate? Yes

Provide details of the KMP or +associates being issued +securities.

Name of KMP	Name of registered holder	Number of +securities
Andrew Elf	Andrew Elf	258,366
Greg Switala	Greg Switala	167,710

Please provide a URL link for a document lodged with ASX detailing the terms of the +employee incentive scheme or a summary of the terms

A summary of the terms of the Mitchell Services Limited Employee Share and Option Plan (ESOP) was contained in the Notice of Meeting for Mitchell Services Limited's 2019 Annual General Meeting. https://www.asx.com.au/asxpdf/20191024/pdf/449tn856fc9ky0.pdf

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

Issue details

Number of +securities

1,330,805

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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 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
MSV : ORDINARY FULLY PAID	199,238,740
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
MSVAA : PERFORMANCE RIGHTS	1,168,414
MSVAK : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES	7,359,651

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

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

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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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