New Zealand Coastal Seafoods : Notification regarding unquoted securities - NZS

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

Announcement Summary

For personal use only

Entity name

NEW ZEALAND COASTAL SEAFOODS LIMITED

Date of this announcement

Thursday December 09, 2021

The +securities the subject of this notification are:

Other

Total number of +securities to be issued/transferred

		Total number of
ASX +security		+securities to be
code	Security description	issued/transferred	Issue date
NZSAS	OPTION EXPIRING VAR DATES RESTRICTED	6,000,000	09/12/2021
	EX VAR PRICES
New class - code	Options	5,000,000	09/12/2021
to be confirmed

Refer to next page for full details of the announcement

Notification of Issue, Conversion or Payment up of Unquoted

1 / 9

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

NEW ZEALAND COASTAL SEAFOODS 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
ABN	16124251396
1.3	ASX issuer code
NZS

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

9/12/2021

Notification of Issue, Conversion or Payment up of Unquoted

2 / 9

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

For personal use only

Please specify

Issue of Director Options.

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") does not have an existing ASX security code ("new class")

Notification of Issue, Conversion or Payment up of Unquoted

3 / 9

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

For personal use only

Additional +securities in an existing class

ASX +security code and description

NZSAS : OPTION EXPIRING VAR DATES RESTRICTED EX VAR PRICES

Date the +securities the subject of this notification were issued

9/12/2021

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

Yes

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

Please note the 6,000,000 Options to be issued have an exercise price of $0.06 and an expiry date of 5 February 2023, and have been issued into an existing class of Unlisted Options with the same terms under the NZSAS security code.

Please provide any further information needed to understand the circumstances in which you are notifying the issue of these +securities to ASX, including why the issue of the +securities has not been previously announced to the market in an Appendix 3B

Issue of Director Options following Shareholder approval obtained on 25 November 2021.

The Company released appendices 3B in respect of the Options the subject of this 3G on 27 January 2021 and 5 February 2021.

Notification of Issue, Conversion or Payment up of Unquoted

4 / 9

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

Issue details

For personal use only

Number of +securities

6,000,000

Were the +securities issued for a cash consideration?

No

Please describe the consideration being provided for the +securities

Please refer to Resolutions 6 and 7 of the Notice of Meeting released on the ASX on 27 October 2021.

Purpose of the issue

Other

Additional Details

Notification of Issue, Conversion or Payment up of Unquoted

5 / 9