PACIFIC CURRENT GROUP LIMITED — Share Issue/Capital Change 2024

Jun 26, 2024

Appendix 3H - Notification of cessation of securities

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Announcement Summary

Entity name

PACIFIC CURRENT GROUP LIMITED

Announcement Type

New announcement

Date of this announcement

Thursday June 27, 2024

Details of +securities that have ceased

		Number of
ASX +security		+securities that	The +securities have	Date of
code	Security description	have ceased	ceased due to	cessation
PACAA	PERFORMANCE RIGHTS	245,400	Cancellation by agreement	28/06/2024
			between the entity and the
			holder
PACAB	OPTION EXPIRING	1,973,455	Cancellation by agreement	28/06/2024
	01-JAN-2026 EX $7.28		between the entity and the
			holder

Refer to next page for full details of the announcement

Appendix 3H - Notification of cessation of securities

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Appendix 3H - Notification of cessation of securities

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Part 1 - Announcement Details

1.1 Name of +Entity

PACIFIC CURRENT GROUP LIMITED

We (the entity named above) provide the following information about our issued capital.

1.2 Registered Number Type Registration Number ABN 39006708792

1.3 ASX issuer code

PAC

1.4 The announcement is

New announcement

1.5 Date of this announcement

27/6/2024

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Appendix 3H - Notification of cessation of securities

Part 2 - Details of +equity securities or +debt securities that have ceased

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ASX +Security Code and Description

PACAB : OPTION EXPIRING 01-JAN-2026 EX $7.28

Unquoted +equity securities that have ceased

Number of securities that have ceased

1,973,455

Reason for cessation

Cancellation by agreement between the entity and the holder

Date of cessation

28/6/2024

Is the entity paying any consideration for the cessation? Yes

In what currency is the consideration Consideration amount per +security paid by the entity for the cessation being paid?

AUD - Australian Dollar

AUD 3.720000000000

Any other information the entity wishes to notify to ASX about the cessation?

A total of 1,973,455 exercised Options over ordinary shares have been cancelled following the payment to the Option holders of cash to the value, and in lieu of, the issue of ordinary shares. The Options had a strike price of $7.28, were valued at $11.00 and the option price was $3.72.

ASX +Security Code and Description

PACAA : PERFORMANCE RIGHTS

Unquoted +equity securities that have ceased

Number of securities that have ceased

245,400

Reason for cessation

Cancellation by agreement between the entity and the holder

Date of cessation Is the entity paying any consideration for the cessation? Yes 28/6/2024

In what currency is the consideration Consideration amount per +security paid by the entity for the cessation being paid? AUD - Australian Dollar AUD 11.000000000000

Any other information the entity wishes to notify to ASX about the cessation?

A total of 245,400 vested Performance Rights (Rights) over ordinary shares have been cancelled following the payment to the Rights holders of cash to the value, and in lieu of, the issue of ordinary shares. Each Right was valued at $11.00

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Appendix 3H - Notification of cessation of securities

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Part 3 - Issued capital following changes

Following the cessation of the +securities the subject of this notification, the issued capital of the entity will comprise:

The figures in parts 3.1 and 3.2 below are automatically generated and may not reflect the entity's current issued capital if other Appendix 2A, Appendix 3G or Appendix 3H forms are currently with ASX for processing.

3.1 Quoted +equity securities and +debt securities (total number of each +class of +securities quoted on ASX)

	Total number of
ASX +security code and description	+securities on issue
PAC : ORDINARY FULLY PAID	51,573,734
3.2 Unquoted +equity securities (total number of each +class of +equity securities issued but not quoted on ASX)
	Total number of
ASX +security code and description	+securities on issue
PACAA : PERFORMANCE RIGHTS	167,100
PACAB : OPTION EXPIRING 01-JAN-2026 EX $7.28	456,545

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

Note: the figures stated in the tables above are used to calculate the total market capitalisation of the entity published by ASX from time to time. The table will not include those classes of +securities that have ceased or lapsed in their entirety in ASX records before the announcement date described in Q1.5, even if the entity has advised ASX of a change to that class of +security in Part 2 of this form.

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