MURRAY COD AUSTRALIA LIMITED — Share Issue/Capital Change 2023

Dec 20, 2023

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

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Announcement Summary

Entity name

MURRAY COD AUSTRALIA LIMITED

Date of this announcement

Thursday December 21, 2023

The +securities the subject of this notification are:

+Securities issued under an +employee incentive scheme that are subject to a restriction on transfer and are not being quoted on ASX until the restriction ends

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	OPTION EXPIRING 21-DEC-2028 EX $0.335	12,000,000	21/12/2023
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

MURRAY COD AUSTRALIA 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

ABN

Registration number

74143928625

1.3 ASX issuer code

MCA

1.4 The announcement is

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New announcement

1.5 Date of this announcement

21/12/2023

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Part 2 - Issue details

2.1 The +securities the subject of this notification are:

+Securities issued under an +employee incentive scheme that are subject to a restriction on transfer and are not being quoted on ASX until the restriction ends

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 issued under an +employee incentive scheme

ASX +security code New class - code to be confirmed	+Security description OPTION EXPIRING 21-DEC-2028 EX $0.335
+Security type	ISIN code
Options

Date the +securities the subject of this notification were issued 21/12/2023

Will all the +securities issued in this class rank equally in all respects from their issue date? 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
Ross Anderson	Kimbalex Pty Ltd	5,000,000
Mathew Ryan	M&B Ryan Pty Ltd	5,000,000
Roger Commins	Brigalow Enterprises Pty Ltd	2,000,000

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.

https://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=02733211

Options Details

+Security currency AUD - Australian Dollar

Exercise price AUD 0.33500000

Expiry date 21/12/2028

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

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Details of the existing class of +security that will be issued upon exercise or conversion of this new class of company option

Other

Description

Issue of fully paid ordinary shares (ASX:MCA) upon exercise of options.

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 https://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=02311163

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

Issue of incentive options to Directors as approved by Shareholders on 28 November 2023.

Issue details

Number of +securities

12,000,000

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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
MCA : ORDINARY FULLY PAID	765,753,388

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
MCAAD : OPTION EXPIRING 25-NOV-2025 EX $0.53	13,000,000
MCAAC : OPTION EXPIRING 03-JAN-2025 EX $0.25	15,000,000
MCAAE : OPTION EXPIRING 03-APR-2026 EX $0.27	480,000
MCAAF : OPTION EXPIRING 05-DEC-2026 EX $0.23	12,500,000
New class - code to be confirmed : OPTION EXPIRING 21-DEC-2028 EX $0.335	12,000,000

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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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