Lepidico : Proposed issue of securities - LPD

Proposed issue of securities

Announcement Summary

For personal use only

Entity name

LEPIDICO LTD

Announcement Type

New announcement

Date of this announcement

18/11/2021

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	Unlisted Incentive Options issued to Related Parties	37,500,000
confirmed
New class-code to be	Unlisted Options Issued under Employee Incentive Plan	30,000,000
confirmed

Proposed +issue date

18/11/2021

Refer to next page for full details of the announcement

Proposed issue of securities

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Proposed issue of securities

Part 1 - Entity and announcement details

For personal use only

1.1 Name of +Entity

LEPIDICO LTD

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	99008894442
1.3	ASX issuer code
LPD

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

18/11/2021

1.6 The Proposed issue is:

A placement or other type of issue

Proposed issue of securities

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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		No
	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?		No
			No
			ASX +security code		+Security description
			New class-code to be confirmed		Unlisted Incentive Options issued to Related Parties
For
	+Security type
	Options

Number of +securities proposed to be issued 37,500,000

Offer price details

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

No

Proposed issue of securities

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Proposed issue of securities

Please describe the consideration being provided for the +securities

N/A Incentive Options

Please provide an estimate of the AUD equivalent of the consideration being provided for the +securities

only	Will all the +securities issued in this class rank equally in all respects from
		their issue date?
		Yes
	Options details
use	+Security currency		Exercise price	Expiry date
		AUD - Australian Dollar		AUD 0.0720	18/6/2023
		Details of the type of +security that will be issued if the option is exercised
		LPD : ORDINARY FULLY PAID
personal	Number of securities that will be issued if the option is exercised
One fully paid ordinary share.
		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://www.lepidico.com/2021/10/18/notice-of-annual-general-meeting-proxy-form-3/
		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
		securities in a class that is already
		quoted or recorded by ASX)?
For	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?		No
		No
		ASX +security code		+Security description
		New class-code to be confirmed		Unlisted Options Issued under Employee Incentive Plan
	Proposed issue of securities	4 / 7

Proposed issue of securities

+Security type Options

Number of +securities proposed to be issued 30,000,000

only	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
use	N/A Incentive Options
Yes
	Please provide an estimate of the AUD equivalent of the consideration being
	provided for the +securities
	Will all the +securities issued in this class rank equally in all respects from
personal	their issue date?
Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities
Options details
	+Security currency	Exercise price	Expiry date
	AUD - Australian Dollar	AUD 0.0720	18/6/2023
	Details of the type of +security that will be issued if the option is exercised
	LPD : ORDINARY FULLY PAID
	Number of securities that will be issued if the option is exercised
	One Fully Ordinary Share.
For	proposed to be issued or provide the information by separate announcement.
https://www.lepidico.com/2021/10/18/notice-of-annual-general-meeting-proxy-form-3/

Part 7C - Timetable

7C.1 Proposed +issue date

18/11/2021

Proposed issue of securities

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