Living Cell Technologies : Proposed issue of securities - LCT

Proposed issue of securities

Announcement Summary

For personal use only

Entity name

LIVING CELL TECHNOLOGIES LIMITED

Announcement Type

New announcement

Date of this announcement

29/11/2021

The Proposed issue is:

A placement or other type of issue

Total number of +securities proposed to be issued for a placement or other type of issue

		Maximum Number of
ASX +security code	+Security description	+securities to be issued
New class-code to be	Options with an exercise price of $0.015 expiry date 19 April	224,462,050
confirmed	2024
New class-code to be	Options with an exercise price of $0.015 expiry date 19 April	47,470,081
confirmed	2024
New class-code to be	Options with an exercise price of $0.015 expiry date 19 April	24,500,000
confirmed	2024
LCT	ORDINARY FULLY PAID	269,354,460

Proposed +issue date 30/11/2021

Refer to next page for full details of the announcement

Proposed issue of securities

1 / 9

Proposed issue of securities

Part 1 - Entity and announcement details

For personal use only

1.1 Name of +Entity

LIVING CELL TECHNOLOGIES LIMITED

We (the entity named above) give ASX the following information about a proposed issue of +securities and, if ASX agrees to +quote any of the +securities (including any rights) on a +deferred settlement basis, we agree to the matters set out in Appendix 3B of the ASX Listing Rules.

If the +securities are being offered under a +disclosure document or +PDS and are intended to be quoted on ASX, we also apply for quotation of all of the +securities that may be issued under the +disclosure document or +PDS on the terms set out in Appendix 2A of the ASX Listing Rules (on the understanding that once the final number of +securities issued under the +disclosure document or +PDS is known, in accordance with Listing Rule 3.10.3C, we will complete and lodge with ASX an Appendix 2A online form notifying ASX of their issue and applying for their quotation).

1.2	Registered Number Type	Registration Number
ABN	14104028042
1.3	ASX issuer code
LCT

1. The announcement is New announcement
2. Date of this announcement

29/11/2021

1.6 The Proposed issue is:

A placement or other type of issue

Proposed issue of securities

2 / 9

Proposed issue of securities

Part 7 - Details of proposed placement or other issue

only
	Part 7A - Conditions
		7A.1 Do any external approvals need to be obtained or other conditions satisfied before the placement or other
		type of issue can proceed on an unconditional basis?
use	No
	Part 7B - Issue details
		Is the proposed security a 'New	Will the proposed issue of this
		class' (+securities in a class that is	+security include an offer of
		not yet quoted or recorded by ASX)	attaching +securities?
personal	or an 'Existing class' (additional	Yes
securities in a class that is already
consideration?
		quoted or recorded by ASX)?
		Existing class
	Details of +securities proposed to be issued
		ASX +security code and description
		LCT : ORDINARY FULLY PAID
		Number of +securities proposed to be issued
		269,354,460
		Offer price details
		Are the +securities proposed to be issued being issued for a cash
For	Yes
In what currency is the cash	What is the issue price per
		consideration being paid?	+security?
		AUD - Australian Dollar	AUD 0.00850

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

Yes

Proposed issue of securities

3 / 9

Proposed issue of securities

Attaching +Security

Is the proposed attaching security a 'New class' (+securities in a class that is not yet quoted or recorded by ASX) or an 'Existing class' (additional +securities in a class that is already quoted or recorded by ASX)?

New class

only
Attaching +Security - New class (+securities in a class that is not yet quoted or recorded by ASX)
	Details of attaching +securities proposed to be issued
use	ISIN Code (if Issuer is a foreign company and +securities are non CDIs)
Have you received confirmation from ASX that the terms		Will the entity be seeking quotation of the 'new' class o
	of the proposed +securities are appropriate and		+securities on ASX?
	equitable under listing rule 6.1?		Yes
	No
	ASX +security code		+Security description
	New class-code to be confirmed		Options with an exercise price of $0.015 expiry date 19
personal			April 2024
Please provide an estimate of the AUD equivalent of the consideration being provided for the +securities
	+Security type
	Options
	Number of +securities proposed to be issued
	224,462,050
	Offer price details
	Are the +securities proposed to be issued being issued for a cash consideration?
	No
	Please describe the consideration being provided for the +securities
	Nil consideration, as option are being issued as attaching security with conversion of convertible notes
For

Will all the +securities issued in this class rank equally in all respects from their issue date?

Yes

Options details

+Security currency

AUD - Australian Dollar

Proposed issue of securities

4 / 9

Proposed issue of securities

	Exercise price	Expiry date
	AUD 0.0150	19/4/2024
	Details of the type of +security that will be issued if the option is exercised
only	LCT : ORDINARY FULLY PAID
Number of securities that will be issued if the option is exercised
	224462050 ordinary fully paid shares
	Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities
	proposed to be issued or provide the information by separate announcement.
	https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02443082-2A1334294?access_token=8
	3ff96335c2d45a094df02a206a39ff4

use	Is the proposed security a 'New		Will the proposed issue of this
	class' (+securities in a class that is		+security include an offer of
	not yet quoted or recorded by ASX)		attaching +securities?
	or an 'Existing class' (additional		No
personal	securities in a class that is already
quoted or recorded by ASX)?
New class
Details of +securities proposed to be issued
	ISIN Code (if Issuer is a foreign company and +securities are non CDIs)
	Have you received confirmation from		Will the entity be seeking quotation
	ASX that the terms of the proposed		of the 'new' class of +securities on
	+securities are appropriate and		ASX?
	equitable under listing rule 6.1?		Yes
	No
	ASX +security code		+Security description
	New class-code to be confirmed		Options with an exercise price of $0.015 expiry date 19 April 2024
For	+Security type
Options

Number of +securities proposed to be issued 47,470,081

Offer price details

Are the +securities proposed to be issued being issued for a cash consideration?

No

Proposed issue of securities

5 / 9