Neurotech International : Proposed issue of securities - NTI

Proposed issue of securities

Announcement Summary

For personal use only

Entity name

NEUROTECH INTERNATIONAL LIMITED

Announcement Type

New announcement

Date of this announcement

3/3/2022

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 Options ($0.08, 10 March 2024)	5,000,000
confirmed
New class-code to be	Unlisted Options ($0.12, 10 March 2024)	5,000,000
confirmed
New class-code to be	Unlisted Options ($0.16,10 March 2024)	5,000,000
confirmed

Proposed +issue date

10/3/2022

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

NEUROTECH INTERNATIONAL 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
ACN	610205402
1.3	ASX issuer code
NTI
1.4 The announcement is
New announcement
1.5	Date of this announcement
3/3/2022
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 Options ($0.08, 10 March 2024)
For
	+Security type
	Options

Number of +securities proposed to be issued 5,000,000

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

The Company has agreed to issue 5,000,000 options to CEO, Alexandra Andrews, as the first tranche of the equity based component to her remuneration package.

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 0.0800	10/3/2024
		Details of the type of +security that will be issued if the option is exercised
		NTI : ORDINARY FULLY PAID
personal	Number of securities that will be issued if the option is exercised
not yet quoted or recorded by ASX)	attaching +securities?
		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.
		Subject to vesting conditions, the Options will be exercisable at $0.08 and expire two years from their date of issue. The
		Options will vest 12 months after the commencement date of Dr Andrews as CEO, subject to Dr Andrews remaining
		continually employed by the Company on this date.
		Refer to the ASX release dated 3 March 2022 for further information.
		Is the proposed security a 'New	Will the proposed issue of this
		class' (+securities in a class that is	+security include an offer of
For	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?
Proposed issue of securities	4 / 8

Proposed issue of securities

	equitable under listing rule 6.1?		No
	No
	ASX +security code		+Security description
	New class-code to be confirmed		Unlisted Options ($0.12, 10 March 2024)
only
+Security type
Options
	Number of +securities proposed to be issued
	5,000,000
	Offer price details
use	Are the +securities proposed to be issued being issued for a cash consideration?
No
Please describe the consideration being provided for the +securities
	The Company has agreed to issue 5,000,000 options to CEO, Alexandra Andrews, as the second tranche of the equity
	based component to her remuneration package.
personal	Please provide an estimate of the AUD equivalent of the consideration being
provided for the +securities
NTI : ORDINARY FULLY PAID
	Will all the +securities issued in this class rank equally in all respects from
	their issue date?
	Yes
Options details
	+Security currency		Exercise price	Expiry date
	AUD - Australian Dollar		AUD 0.1200	10/3/2024
	Details of the type of +security that will be issued if the option is exercised
For	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.
Subject to vesting conditions, the Options will be exercisable at $0.12 and expire two years from their date of issue. The
	Options will vest 18 months after the commencement date of Dr Andrews as CEO, subject to Dr Andrews remaining
	continually employed by the Company on this date.
	Refer to the ASX release dated 3 March 2022 for further information.

Proposed issue of securities

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