PAINCHEK LTD — Share Issue/Capital Change 2022

Jun 16, 2022

Application for quotation of +securities

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

Announcement Summary

Entity name

PAINCHEK LTD

Announcement Type

New announcement

Date of this announcement

Friday June 17, 2022

The +securities to be quoted are:

+Securities issued, transferred or re-classified as a result of options being exercised or other +convertible securities being converted

Total number of +securities to be quoted

ASX +security		Number of +securities to
code	Security description	be quoted	Issue date
PCK	ORDINARY FULLY PAID	825,583	14/07/2022

Refer to next page for full details of the announcement

Application for quotation of +securities

1 / 8

Application for quotation of +securities

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

Part 1 - Entity and announcement details

1.1 Name of entity

PAINCHEK 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 21146035127

1.3 ASX issuer code

PCK

1.4 The announcement is

==> picture [8 x 8] intentionally omitted <==

New announcement

1.5 Date of this announcement

17/6/2022

Application for quotation of +securities

2 / 8

Application for quotation of +securities

Part 2 - Type of Issue

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

2.1 The +securities to be quoted are:

+Securities issued, transferred or re-classified as a result of options being exercised or other +convertible securities being converted

2.2 The +securities to be quoted are:

==> picture [8 x 8] intentionally omitted <==

Additional +securities in a class that is already quoted on ASX ("existing class")

Application for quotation of +securities

3 / 8

Application for quotation of +securities

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

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

Existing +securities converting into additional +securities in an existing class

FROM (Existing Class) ASX +security code and description PCKAA : PERFORMANCE RIGHTS

TO (Existing Class)
ASX +security code and description
PCK : ORDINARY FULLY PAID
Please state the number of options	The first date the options were	The last date the options were
that were exercised or other	exercised or other +convertible	exercised or other +convertible
+convertible securities that were	securities were converted	securities were converted
converted	14/7/2021	14/7/2021
825,583

Is this all of the options or other +convertible securities on issue of that type (ie have all of those options now been exercised or have all of those convertible securities now been converted)? No

The right of the holder of the options or other +convertible securities to receive the +underlying securities is being satisfied by: An issue of new +securities

The underlying securities being received by the holder are: Intended to be, but are not yet, quoted by ASX

Were the options being exercised or other +convertible securities being converted issued under an +employee incentive scheme? Yes

Are any of the options being exercised or other +convertible securities being converted held by +key management personnel (KMP) or an +associate? No

Issue date

14/7/2022

Will the +securities to be quoted rank equally in all respects from their issue date with the existing issued +securities in that class? Yes

Application for quotation of +securities

4 / 8

Application for quotation of +securities

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

==> picture [540 x 710] intentionally omitted <==

Application for quotation of +securities

5 / 8

Application for quotation of +securities

Issue details

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

Number of +securities to be quoted 412,791 Are the +securities being issued for a cash consideration? No Please describe the consideration being provided for the +securities Performance rights provided to a Director and approved by Shareholders at the AGM on November 2019 converted into ordinary shares. Please provide an estimate (in AUD) of the value of the consideration being provided per +security for the +securities to be quoted 0.000000 Any other information the entity wishes to provide about the +securities to be quoted Due to an administrative oversight the peformance rights when converted were allocated in the share registry in July 2021 as ordinary shares but not registered with the ASX at the same time. Number of +securities to be quoted 206,396 Are the +securities being issued for a cash consideration? No Please describe the consideration being provided for the +securities Performance rights provided to a Director and approved by Shareholders at the AGM on November 2019 converted into ordinary shares. Please provide an estimate (in AUD) of the value of the consideration being provided per +security for the +securities to be quoted 0.000000 Any other information the entity wishes to provide about the +securities to be quoted Due to an administrative oversight the peformance rights when converted were allocated in the share registry in July 2021 as ordinary shares but not registered with the ASX at the same time. Number of +securities to be quoted 206,396 Are the +securities being issued for a cash consideration? No

Application for quotation of +securities

6 / 8

Application for quotation of +securities

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

Please describe the consideration being provided for the +securities

Performance rights provided to a Director and approved by Shareholders at the AGM on November 2019 converted into ordinary shares.

Please provide an estimate (in AUD) of the value of the consideration being provided per +security for the +securities to be quoted

• 0.000000

Any other information the entity wishes to provide about the +securities to be quoted

Due to an administrative oversight the peformance rights when converted were allocated in the share registry in July 2021 as ordinary shares but not registered with the ASX at the same time.

Application for quotation of +securities

7 / 8

Application for quotation of +securities

Part 4 - Issued capital following quotation

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

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
PCK : ORDINARY FULLY PAID	1,132,630,382

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
PCKAT : OPTION EXPIRING 23-MAR-2025 EX $0.09	1,000,000
PCKAR : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES	21,241,379
PCKAV : OPTION EXPIRING 24-SEP-2025 EX $0.075	7,000,000
PCKAS : OPTION EXPIRING 31-MAR-2024 EX 21C	3,000,000
PCKAD : OPTION EXPIRING 26-SEP-2024 EX 11C	3,000,000
PCKAA : PERFORMANCE RIGHTS	8,541,782
PCKAE : OPTION EXPIRING 25-AUG-2025 EX $0.084	5,000,000
PCKAU : OPTION EXPIRING 28-APR-2025 EX $0.095	500,000

Application for quotation of +securities

8 / 8