SINGULAR HEALTH GROUP LTD — Capital/Financing Update 2021

Dec 19, 2021

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

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Announcement Summary

Entity name

SINGULAR HEALTH GROUP LTD

Date of this announcement

Monday December 20, 2021

The +securities the subject of this notification are:

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+Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX

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	Unlisted Option ($0.30, expiring 20/12/2025)	2,270,000	20/12/2021
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

SINGULAR HEALTH GROUP LTD

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

58639242765

1.3 ASX issuer code

SHG

1.4 The announcement is

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New announcement

1.5 Date of this announcement

20/12/2021

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Part 2 - Issue details

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2.1 The +securities the subject of this notification are:

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+Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX

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

ASX +security code New class - code to be confirmed	+Security description Unlisted Option ($0.30, expiring 20/12/2025)
+Security type	ISIN code
Options

Date the +securities the subject of this notification were issued 20/12/2021

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
James Hill	Reenergise Australia Pty Ltd ATF JRH F/T	400,000
Thomas Morrell	Thomas Morrell	500,000

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.

The unlisted incentive options are exercisable at $0.30 each and expire 20/12/2025. They were issued under the Employee Incentive Plan that is summarised in the Notice of Meeting available here: https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02438394-6A1057029?access_token=8 3ff96335c2d45a094df02a206a39ff4

Options Details

+Security currency AUD - Australian Dollar

Exercise price Expiry date AUD 0.30000000 16/12/2025

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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

Fully Paid Ordinary Shares

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

Refer to Notice of Meeting lodged 20 October 2021 for material terms: https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02438394-6A1057029?access_token=8 3ff96335c2d45a094df02a206a39ff4

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

The incentive options have been offered to key technical and operational staff to align their interests with shareholders, to motivate and incentivise performance, and assist with retention of key staff. The options are subject to a continuous employment vesting period, vesting either 1 June 2023, or 24 months from their relevant start date.

Issue details

Number of +securities

2,270,000

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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
SHG : ORDINARY FULLY PAID	64,693,482
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
SHGAM : ORDINARY FULLY PAID RESTRICTED	595,587
SHGAN : ORDINARY FULLY PAID RESTRICTED	37,509,798
SHGAO : OPTION EXPIRING 10-FEB-2025 RESTRICTED	19,250,000
SHGAP : PERFORMANCE RIGHTS RESTRICTED	300,000
SHGAQ : PERFORMANCE RIGHTS RESTRICTED	9,700,000
SHGAR : OPTION EXPIRING 30-NOV-2025 EX $0.30	500,000
New class - code to be confirmed : Unlisted Option ($0.30, expiring 20/12/2025)	2,270,000

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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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