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PREDICTIVE DISCOVERY LIMITED Share Issue/Capital Change 2021

Apr 18, 2021

65537_rns_2021-04-18_c1e2566b-958e-4cd8-aef2-cf1e0abd3407.pdf

Share Issue/Capital Change

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Appendix 2A

Application for quotation of +securities

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX's property and may be made public.

If you are an entity incorporated outside Australia and you are seeking quotation of a new class of +securities other than CDIs, you will need to obtain and provide an International Securities Identification Number (ISIN) for that class. Further information on the requirement for the notification of an ISIN is available from the Create Online Forms page. ASX is unable to create the new ISIN for non-Australian issuers.

*Denotes minimum information required for first lodgement of this form, with exceptions provided in specific notes for certain questions. The balance of the information, where applicable, must be provided as soon as reasonably practicable by the entity.

Part 1 – Entity and announcement details

Questionno Question Answer
1.1 *Name of entityWe (the entity here named) apply for+quotation of the following +securities andagree to the matters set out in1Appendix 2A of the ASX Listing Rules. Predictive Discovery Limited
1.2 *Registration type and numberPlease supply your ABN, ARSN, ARBN, ACN oranother registration type and number (if you supplyanother registration type, please specify both the typeof registration and the registration number). ABN 11 127 171 877
1.3 *ASX issuer code PDI
1.4 *This announcement isTick whichever is applicable. ☒ A new announcement☐ An update/amendment to a previousannouncement☐ A cancellation of a previousannouncement
1.4a *Reason for updateMandatory only if "Update" ticked in Q1.4 above. Areason must be provided for an update. N/A
1.4b *Date of previous announcement to thisupdateMandatory only if "Update" ticked in Q1.4 above. N/A
1.4c *Reason for cancellationMandatory only if "Cancellation" ticked in Q1.4 above. N/A

1 Appendix 2A of the Listing Rules includes a warranty that an offer of the securities for sale within 12 months after their issue will not require disclosure under section 707(3) or 1012C(6) of the Corporations Act. If the securities to be quoted have been issued by way of a pro rata offer, to give this warranty, you will generally need to have lodged a cleansing notice with ASX under section 708AA(2)(f) or 1012DAA(2)(f) of the Corporations Act within 24 hours before the securities are offered (see ASIC Regulatory Guide 189 Disclosure relief for rights issues). If in doubt, please consult your legal adviser.

1.4d *Date of previous announcement to thiscancellationMandatory only if "Cancellation" ticked in Q1.4 above. N/A
1.5 *Date of this announcement 19 April 2021

Part 2 – Type of issue

QuestionNo. Question Answer
2.1 *The +securities to be quoted are:Select whichever item is applicable.If you wish to apply for quotation of different types of ☐ Being issued as part of a transaction ortransactions previously announced tothe market in an Appendix 3B
issues of securities, please complete a separateAppendix 2A for each type of issue. ☐ Being issued under a +dividend ordistribution plan
☒ Being issued as a result of optionsbeing exercised or other +convertiblesecurities being converted
☐ Unquoted partly paid +securities thathave been paid up and are now quotedfully paid +securities
☐ +Restricted securities where the escrowperiod has expired or is about to expire
☐ +Securities previously issued under an+employee incentive scheme where therestrictions on transfer have ceased orare about to cease
☐ +Securities issued under an +employeeincentive scheme that are not subject toa restriction on transfer or that are to bequoted notwithstanding there is arestriction on transfer
☐ Other
2.2a.1 *Date of Appendix 3B notifying the marketof the proposed issue of +securities forwhich quotation is now being soughtAnswer this question if your response to Q2.1 is "Beingissued as part of a transaction or transactionspreviously announced to the market in an Appendix3B" N/A
2.2a.2 *Are there any further issues of +securitiesyet to take place to complete thetransaction(s) referred to in theAppendix 3B? N/A
Answer this question if your response to Q2.1 is "Beingissued as part of a transaction or transactionspreviously announced to the market in an Appendix3B".
2.2a.2.1 *Please provide details of the further issuesof +securities yet to take place to completethe transaction(s) referred to in theAppendix 3BAnswer this question if your response to Q2.1 is "Beingissued as part of a transaction or transactionspreviously announced to the market in an Appendix3B" and your response to Q2.2a.2 is "Yes".Please provide details of the proposed dates andnumber of securities for the further issues. This maybe the case, for example, if the Appendix 3B related toan accelerated pro rata offer with an institutionalcomponent being quoted on one date and a retailcomponent being quoted on a later date. N/A
2.2b.1 *Date of Appendix 3A.1 lodged with ASX inrelation to the underlying +dividend ordistribution N/A
Answer this question if your response to Q2.1 is "Beingissued under a dividend or distribution plan".
2.2b.2 *Does the +dividend or distribution planmeet the requirement of listing rule 7.2exception 4 that it does not impose a limiton participation?Answer this question if your response to Q2.1 is "Beingissued under a dividend or distribution plan". N/A
Note: Exception 4 only applies where security holdersare able to elect to receive all of their dividend ordistribution as securities. For example, Exception 4would not apply in the following circumstances: 1) Theentity has specified a dollar limit on the level ofparticipation e.g. security holders can only participateto a maximum value of $x in respect of theirentitlement, or 2) The entity has specified a maximumnumber of securities that can participate in the plane.g. security holders can only receive securities in lieuof dividend payable for x number of securities.
2.2c.1 Please state the number and type ofoptions that were exercised or other+convertible securities that were converted(including their ASX security code)Answer this question if your response to Q2.1 is "Beingissued as a result of options being exercised or otherconvertible securities being converted". 1,600,000 PDIOA – Options, eachconverting to 1 ordinary fully paid share,exercisable at $0.018, with expiry date of24 December 2022.
2.2c.2 And the date the options were exercised orother +convertible securities wereconvertedAnswer this question if your response to Q2.1 is "Beingissued as a result of options being exercised or otherconvertible securities being converted".Note: If this occurred over a range of dates, enter thedate the last of the options was exercised orconvertible securities was converted. 19 April 2021
2.2d.1 Please state the number and type of partlypaid +securities (including their ASXsecurity code) that were fully paid upAnswer this question if your response to Q2.1 is"Unquoted partly paid securities that have been paidup and are now quoted fully paid securities". N/A
2.2d.2 And the date the +securities were fully paidupAnswer this question if your response to Q2.1 is"Unquoted partly paid securities that have been paidup and are now quoted fully paid securities".Note: If this occurred over a range of dates, enter thedate the last of the securities was fully paid up. N/A
2.2e.1 Please state the number and type of+restricted securities (including their ASXsecurity code) where the escrow period hasexpired or is about to expireAnswer this question if your response to Q2.1 is"Restricted securities where the escrow period hasexpired or is about to expire". N/A
2.2e.2 And the date the escrow restrictions haveceased or will ceaseAnswer this question if your response to Q2.1 is"Restricted securities where the escrow period hasexpired or is about to expire".Note: If this occurred over a range of dates, enter thedate the last of the escrow restrictions has ceased orwill cease. N/A
2.2f.1 Please state the number and type of+securities (including their ASX securitycode) previously issued under the+employee incentive scheme where therestrictions on transfer have ceased or areabout to ceaseAnswer this question if your response to Q2.1 is"Securities previously issued under an employeeincentive scheme where the restrictions on transferhave ceased or are about to cease". N/A
2.2f.2 And the date the restrictions on transferhave ceased or will cease:Answer this question if your response to Q2.1 is"Securities previously issued under an employeeincentive scheme where the restrictions on transferhave ceased or are about to cease".Note: If this occurred over a range of dates, enter thedate the last of the restrictions on transfer has ceasedor will cease. N/A
2.2g.1 Please state the number and type of+securities (including their ASX securitycode) issued under an +employee incentivescheme that are not subject to a restrictionon transfer or that are to be quotednotwithstanding there is a restriction ontransferAnswer this question if your response to Q2.1 is"Securities issued under an employee incentivescheme that are not subject to a restriction on transferor that are to be quoted notwithstanding there is arestriction on transfer". N/A
2.2g.2 *Please attach a document or providedetails of a URL link for a document lodgedwith ASX detailing the terms of the+employee incentive scheme or a summaryof the terms.Answer this question if your response to Q2.1 is"Securities issued under an employee incentivescheme that are not subject to a restriction on transferor that are to be quoted notwithstanding there is arestriction on transfer". N/A
2.2g.3 *Are any of these +securities being issuedto +key management personnel (KMP) oran +associateAnswer this question if your response to Q2.1 is"Securities issued under an employee incentivescheme that are not subject to a restriction on transferor that are to be quoted notwithstanding there is arestriction on transfer". N/A
2.2g.3.a *Provide details of the recipients and the number of +securities issued to each of them.Answer this question if your response to Q2.1 is "Securities issued under an employee incentive scheme that arenot subject to a restriction on transfer or that are to be quoted notwithstanding there is a restriction on transfer"and your response to Q2.2g.3 is "Yes". Repeat the detail in the table below for each KMP involved in the issue. Ifthe securities are being issued to the KMP, repeat the name of the KMP or insert "Same" in "Name of registeredholder". If the securities are being issued to an associate of a KMP, insert the name of the associate in "Name ofregistered holder".
Name of KMP Name of registered holder Number of +securities
2.2h.1 *The purpose(s) for which the entity isissuing the +securities is:Answer this question if your response to Q2.1 is"Other".You may select one or more of the items in the list. ☐ To pay☐ ToAdditional details: ☐ To raise additional working capital☐ To fund the retirement of debtfor the acquisition of an asset[provide details below]pay for services rendered[provide details below]☐ Other [provide details below]
2.2h.2 *Please provide any further informationneeded to understand the circumstances inwhich you are applying to have these+securities quoted on ASX, including (ifapplicable) why the issue of the +securitieshas not been previously announced to themarket in an Appendix 3BYou must answer this question if your response toQ2.1 is "Other". If there is no other information toprovide, please answer "Not applicable" or "N/A". N/A
2.2i *Are these +securities being offered undera +disclosure document or +PDS?Answer this question if your response to Q2.1 is anyoption other than "Being issued as part of a transactionor transactions previously announced to the market inan Appendix 3B". No
2.2i.1 *Date of +disclosure document or +PDS? N/A
Answer this question if your response to Q2.1 is anyoption other than "Being issued as part of a transactionor transactions previously announced to the market inan Appendix 3B" and your response to Q2.2i is "Yes".
Under the Corporations Act, the entity must apply forquotation of the securities within 7 days of the date ofthe disclosure document or PDS.
2.3 *The +securities to be quoted are:Tick whichever is applicable ☒ Additional+securities in a class that isalready quoted on ASX ("existingclass")
☐ New +securities in a class that is not yetquoted on ASX ("new class")

Part 3A – number and type of +securities to be quoted (existing class or new class) where issue has previously been notified to ASX in an Appendix 3B

Answer the questions in this Part if your response to Q2.1 is "Being issued as part of a transaction or transactions previously announced to the market in an Appendix 3B" and your response to Q2.3 is "existing class" or "new class".

QuestionNo. Question Answer
3A.1 *ASX security code & description
3A.2 *Number of +securities to be quoted

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

Answer the questions in this Part if your response to Q2.1 is anything other than "Being issued as part of a transaction or transactions previously announced to the market in an Appendix 3B" and your response to Q2.3 is "existing class".

QuestionNo. Question Answer
3B.1 *ASX security code & description PDI
3B.2 *Number of +securities to be quoted 1,600,000
3B.3a *Will the +securities to be quoted rankequally in all respects from their issue datewith the existing issued +securities in thatclass? Yes
3B.3b *Is the actual date from which the+securities will rank equally (non-rankingend date) known?Answer this question if your response to Q3B.3a is"No". N/A
3B.3c *Provide the actual non-ranking end dateAnswer this question if your response to Q3B.3a is"No" and your response to Q3B.3b is "Yes". N/A
3B.3d *Provide the estimated non-ranking endperiodAnswer this question if your response to Q3B.3a is"No" and your response to Q3B.3b is "No". N/A
3B.3e *Please state the extent to which the+securities do not rank equally: N/A
•in relation to the next dividend,distribution or interest payment; or
•for any other reason
Answer this question if your response to Q3B.3a is"No".
For example, the securities may not rank at all, or mayrank proportionately based on the percentage of theperiod in question they have been on issue, for thenext dividend, distribution or interest payment; or theymay not be entitled to participate in some other event,such as an entitlement issue.

Part 4 – Issue details

QuestionNo. Question Answer
4.1 *Have the +securities to be quoted beenissued yet? Yes
4.1a *What was their date of issue?Answer this question if your response to Q4.1 is"Yes". 19 April 2021
4.1b *What is their proposed date of issue?Answer this question if your response to Q4.1 is "No".
4.2 *Are the +securities to be quoted beingissued for a cash consideration?If the securities are being issued for nil cashconsideration, answer this question "No". Yes
4.2a *In what currency is the cash considerationbeing paidFor example, if the consideration is being paid inAustralian Dollars, state AUD.Answer this question if your response to Q4.2 is"Yes". AUD
4.2b *What is the issue price per +securityAnswer this question if your response to Q4.2 is "Yes"and by reference to the issue currency provided inyour response to Q4.2a.Note: you cannot enter a nil amount here. If thesecurities are being issued for nil cash consideration,answer Q4.2 as "No" and complete Q4.2c and Q4.2d. $0.018
4.2c Please describe the consideration beingprovided for the +securities to be quotedAnswer this question if your response to Q4.2 is "No". N/A
4.2d Please provide an estimate (in AUD) of thevalue of the consideration being providedper +security for the +securities to bequotedAnswer this question if your response to Q4.2 is "No". N/A
4.3 Any other information the entity wishes toprovide about the issue N/A

Part 5 – Issued capital following quotation

Following the quotation of the +securities the subject of this application, the issued capital of the entity will comprise:

Note: the figures provided in the tables in sections 5.1 and 5.2 below are used to calculate the total market capitalisation of the entity published by ASX from time to time. Please make sure you include in the relevant table each class of securities issued by the entity.

If you have quoted CHESS Depository Interests (CDIs) issued over your securities, include them in the table in section 5.1 and include in the table in section 5.2 any securities that do not have CDIs issued over them (and therefore are not quoted on ASX).

Restricted securities should only be included in the table in section 5.1 if you are applying to have them quoted because the escrow period for the securities has expired or is about to expire. Otherwise include them in the table in section 5.2.

5.1 *Quoted +securities (total number of each +class of +securities quoted on ASX followingthe +quotation of the +securities the subject of this application)
ASX security code and description Total number of +securities on issue
PDI – Ordinary Fully Paid Shares 1,018,671,882
PDIOA – Options, each converting to 1 ordinaryfully paid share, exercisable at $0.018, withexpiry date of 24 December 2022. 84,781,485
5.2 *Unquoted +securities (total number of each +class of +securities issued but not quoted
on ASX):
ASX security code and description Total number of +securities on issue
PDIAL - Options exercisable at $0.18, with expirydate of 30 June 2023 7,500,000
PDIAM - Options exercisable at $0.0986, withexpiry date of 5 May 2023 40,500,000
PDIAN - Options exercisable at $0.011, withexpiry date of 5 May 2023 2,500,000
PDIAP - Options exercisable at $0.112, withexpiry date of 21 December 2023 8,000,000