PENTANET LIMITED — Share Issue/Capital Change 2021

Dec 12, 2021

Application for quotation of +securities

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Announcement Summary

Entity name

PENTANET LIMITED

Announcement Type

New announcement

Date of this announcement

Monday December 13, 2021

The +securities to be quoted are:

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+Restricted securities where the escrow period has expired or is about to expire

Total number of +securities to be quoted

ASX +security		Number of +securities to
code	Security description	be quoted	Issue date
5GG	ORDINARY FULLY PAID	12,043,571	13/12/2021

Refer to next page for full details of the announcement

Application for quotation of +securities

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Application for quotation of +securities

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Part 1 - Entity and announcement details

1.1 Name of entity

PENTANET LIMITED

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 29617506279

1.3 ASX issuer code

5GG

1.4 The announcement is

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New announcement

1.5 Date of this announcement

13/12/2021

Application for quotation of +securities

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Application for quotation of +securities

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Part 2 - Type of Issue

2.1 The +securities to be quoted are:

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+Restricted securities where the escrow period has expired or is about to expire

2.2 The +securities to be quoted are:

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

Application for quotation of +securities

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Application for quotation of +securities

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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

Additional +securities to be quoted in an existing class as a result of escrow expiring on an existing class

FROM (Existing Class) ASX +security code and description 5GGAA : ORDINARY FULLY PAID RESTRICTED

TO (Existing Class) ASX +security code and description 5GG : ORDINARY FULLY PAID

Please state the number of +restricted securities where the escrow period And the date the escrow restrictions has expired or is about to expire have ceased or will cease 12,043,571 11/12/2021

Issue date

13/12/2021

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

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Yes

Application for quotation of +securities

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Application for quotation of +securities

Issue details

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Number of +securities to be quoted

12,043,571

Are the +securities being issued for a cash consideration?

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No

Please describe the consideration being provided for the +securities

The ordinary fully paid securities were under ASX imposed restrictions to 11 December 2021.

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

0.530000

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

Release from escrow.

Closing price of 5GG ordinary fully paid securities on 13 December 2021 was $0.53.

Application for quotation of +securities

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Application for quotation of +securities

Part 4 - Issued capital following quotation

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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
5GG : ORDINARY FULLY PAID	215,177,011
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
5GGAA : ORDINARY FULLY PAID RESTRICTED	0
5GGAB : ORDINARY FULLY PAID RESTRICTED	80,620,702
5GGAH : OPTION EXPIRING 30-JUN-2024 EX $0.30	1,970,000
5GGAI : OPTION EXPIRING 30-JUN-2024 EX $0.37	1,970,000
5GGAJ : OPTION EXPIRING 30-JUN-2024 EX $0.50	1,970,000
5GGAE : OPTION EXPIRING 30-JUN-2024 RESTRICTED	7,900,000
5GGAF : OPTION EXPIRING 30-JUN-2024 RESTRICTED	7,900,000
5GGAG : OPTION EXPIRING 30-JUN-2024 RESTRICTED	7,900,000

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

Application for quotation of +securities

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