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

Announcement Summary

use only

Entity name

DYNAMIC DRILL AND BLAST HOLDINGS LIMITED

Date of this announcement

Thursday November 25, 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

Total number of

ASX +security

+securities to be

code

Security description

issued/transferred

Issue date

DDBAJ

PERFORMANCE RIGHTS

240,000

25/11/2021

For personal

Refer to next page for full details of the announcement

Notification of Issue, Conversion or Payment up of Unquoted

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

Part 1 - Entity and announcement details

For personal use only

1.1 Name of entity

DYNAMIC DRILL AND BLAST HOLDINGS 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

Registration number

ACN

640888213

1.3

ASX issuer code

DDB

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

25/11/2021

Notification of Issue, Conversion or Payment up of Unquoted

2 / 7

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

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

For personal use only

2.2a This notification is given in relation to an issue of +securities in a class which is not quoted on ASX and which:

has an existing ASX security code ("existing class")

Notification of Issue, Conversion or Payment up of Unquoted

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

Part 3B - number and type of +securities the subject of this notification (existing class) where issue has not previously been notified to ASX in an Appendix 3B

only

ASX +security code and description

DDBAJ : PERFORMANCE RIGHTS

Date the +securities the subject of this notification were issued

25/11/2021

use

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

+securities in that class

Yes

Were any of the +securities issued to +key management personnel (KMP) or an +associate?

Yes

personal

Provide details of the KMP or +associates being issued +securities.

Name of KMP

Name of registered holder

Number of +securities

120,000

Garret Dixon

GALAIR PTY LTD

120,000

George Garnett

PREVOST & CO PTY LTD

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://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02437340-6A1056617?access_token=8

3ff96335c2d45a094df02a206a39ff4

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

https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02437340-6A1056617?access_token=8

3ff96335c2d45a094df02a206a39ff4

For

Issue details

Number of +securities 240,000

Notification of Issue, Conversion or Payment up of Unquoted

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

For personal use only

Notification of Issue, Conversion or Payment up of Unquoted

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Dynamic Drill and Blast Holdings Ltd. published this content on 25 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 November 2021 07:49:00 UTC.