SPENDA LIMITED — Share Issue/Capital Change 2022

Jun 29, 2022

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

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Announcement Summary

Entity name

SPENDA LIMITED

Date of this announcement

Thursday June 30, 2022

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 expiring 15/06/2025 Ex $0.0175	20,050,000	30/06/2022
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

SPENDA 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

ACN

Registration number

099084143

1.3 ASX issuer code

SPX

1.4 The announcement is

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New announcement

1.5 Date of this announcement

30/6/2022

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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

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ASX +security code +Security description
New class - code to be confirmed Unlisted option expiring 15/06/2025 Ex $0.0175
+Security type ISIN code
Options
Date the +securities the subject of this notification were issued
30/6/2022
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?
No
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.
Options Details
+Security currency Exercise price Expiry date
AUD - Australian Dollar AUD 0.01750000 15/6/2025
Details of the existing class of +security that will be issued upon exercise or conversion of this new class of
company option
Other
Description
Ordinary Shares
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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/20210419/pdf/44vn9bg4bnr7np.pdf

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

50% of the options vest subject to continued employment with the Company until 15 June 2023. 50% of the options vest upon the Company achieving at least 160% growth in cash receipts from customers for the 30 June 2023 financial year.

Issue details

Number of +securities

20,050,000

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

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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
SPX : ORDINARY FULLY PAID	3,178,452,326
SPXO : OPTION EXPIRING 28-JUL-2023	533,658,099

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
SPXAB : OPTION EXPIRING 30-JUN-2022 EX 4.5C	27,000,000
SPXAE : OPTION EXPIRING 28-JUL-2023 EX 2.5C	4,500,000
SPXAH : OPTION EXPIRING 02-MAR-2024 EX $0.135	50,000,000
SPXAJ : OPTION EXPIRING 25-FEB-2026 EX $0.084	60,000,000
New class - code to be confirmed : Unlisted option expiring 15/06/2025 Ex $0.0175	20,050,000

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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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