SPECTUR LIMITED — Capital/Financing Update 2021

Nov 2, 2021

Announcement Summary

Entity name

SPECTUR LIMITED

Date of this announcement

Wednesday November 03, 2021

The +securities the subject of this notification are:

+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

Security description	Total number of +securities to be issued/transferred	Issue date
on 30 June 2024	2,100,000	01/11/2021
Performance Rights	2,083,333	01/11/2021
	ASX +security New class - code to be confirmed New class - code to be confirmed	unquoted options, exercisable at \$0.13, expiring

Refer to next page for full details of the announcement

Part 1 - Entity and announcement details

1.1 Name of entity

SPECTUR LIMITED

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 79140151579

1.3 ASX issuer code SP3

1.4 The announcement is

New announcement

1.5 Date of this announcement

3/11/2021

Part 2 - Issue details

2.1 The +securities the subject of this notification are:

+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:

does not have an existing ASX security code ("new class")

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

		+Security description
New class - code to be confirmed	June 2024	unquoted options, exercisable at \$0.13, expiring on 30
+Security type	ISIN code
Options
	Date the +securities the subject of this notification were issued
1/11/2021
Yes	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? Provide details of the KMP or +associates being issued +securities.
Name of KMP	Name of registered holder	Number of +securities
Darren Cooper	Darren Cooper	500,000
Gerard Dyson	Gerard John Dyson and Chantel Yvette Dyson ATF The Dyson Investments 2 Trust	1,100,000

Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being issued.

https://www.asx.com.au/asxpdf/20210929/pdf/4511g1j621z20m.pdf

Options Details

Equity Securities

company option

+Security currency AUD - Australian Dollar Exercise price AUD 0.13000000 Expiry date 30/6/2024

Details of the existing class of +security that will be issued upon exercise or conversion of this new class of

company option

Other

Description

SP3 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

https://www.asx.com.au/asxpdf/20190923/pdf/448rrlp27vx0g6.pdf

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

Issue details

Number of +securities 2,100,000

ASX +security code

+Security type

New class - code to be confirmed

Other
	Date the +securities the subject of this notification were issued
1/11/2021
Yes	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?
	Provide details of the KMP or +associates being issued +securities.
Name of KMP	Name of registered holder	Number of +securities
Gerard Dyson	Gerard John Dyson and Chantel Yvette Dyson ATF The Dyson	2,083,333

+Security description Performance Rights

ISIN code

Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being issued.

https://www.asx.com.au/asxpdf/20210929/pdf/4511g1j621z20m.pdf

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

https://www.asx.com.au/asxpdf/20190923/pdf/448rrlp27vx0g6.pdf

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

The Performance Rights are issued for nil cash consideration, and vest upon the satisfaction of achieving budget and stretched performance conditions, being Company revenue and EBITDA targets, measured for the financial year to 30 June 2023.

Issue details

Number of +securities

2,083,333

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)
ASX +security code and description	Total number of +securities on issue
SP3 : ORDINARY FULLY PAID	106,305,280
4.2 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
SP3AF : PERFORMANCE RIGHTS	8,496,144

SP3AJ : OPTION EXPIRING 30-JUN-2024 EX \$0.10 2,200,000

New class - code to be confirmed : unquoted options, exercisable at \$0.13, expiring on 30	2,100,000
June 2024

New class - code to be confirmed : Performance Rights 2,083,333

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? No

5.2 Has the entity obtained, or is it obtaining, +security holder approval for the issue under listing rule 7.1? Yes

5.2a Date of meeting or proposed meeting to approve the issue under listing rule 7.1 29/10/2021