Delta Drone International : Notification regarding unquoted securities - DLT

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

	Announcement Summary
only	Entity name
DELTA DRONE INTERNATIONAL LIMITED
		Date of this announcement
		Friday June 03, 2022
		The +securities the subject of this notification are:
		Other
use	Total number of +securities to be issued/transferred
ASX +security
		code	Security description
		New class - code	Options expiring 30 May 2026 @ $0.021
		to be confirmed
personalFor	New class - code	Performance Rights 2022
to be confirmed

Refer to next page for full details of the announcement

Total number of +securities to be

issued/transferred Issue date

2,000,000 03/06/2022

8,000,000 03/06/2022

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

DELTA DRONE INTERNATIONAL 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	17618678701
1.3	ASX issuer code
DLT

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

3/6/2022

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

Part 2 - Issue details

For personal use only

2.1 The +securities the subject of this notification are: Other

Please specify

The securities the subject of this announcement are pursuant to an Appendix 3B dated 25 May 2022

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

does not have an existing ASX security code ("new 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 3C - number and type of +securities the subject of this notification (new class) where issue has not previously been notified to ASX in an Appendix 3B

only	New +securities
ASX +security code			+Security description
	New class - code to be confirmed			Options expiring 30 May 2026 @ $0.021
	+Security type			ISIN code
	Options
use	Date the +securities the subject of this notification were issued
3/6/2022
	Will all the +securities issued in this class rank equally in all respects from their issue date?
personal	Yes
Have you received confirmation from ASX that the terms of the +securities are appropriate and equitable under
	listing rule 6.1?
	No
	Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being
	issued.
	https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02515998-6A1089357?access_token=8
	3ff96335c2d45a094df02a206a39ff4
Options Details
	+Security currency	Exercise price		Expiry date
	AUD - Australian Dollar	AUD 0.02100000	30/5/2026
	Details of the existing class of +security that will be issued upon exercise or conversion of this new class of
For	company option
Other
Description

Ordinary fully paid shares

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

Refer to the Notice of Meeting lodged on 29 April 2022 for the terms and conditions of the options. The options are subject to vesting with one third of the Options vesting on 1 July 2022 and the remaining two thirds of the Options will vest

Notification of Issue, Conversion or Payment up of Unquoted

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

over the next eight quarters in equal tranches starting on 1 October 2022 and ending on 1 July 2024 (Vesting Dates) unless the Board (acting reasonably) waives the applicable Vesting Dates and determines that the Options vest immediately.

		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
		Notified to the market by Appendix 3B dated 25 May 2022.
	Issue details
only	Number of +securities
use	2,000,000
Were the +securities issued for a cash consideration?
		No
		Please describe the consideration being provided for the +securities
		Nil consideration. Issued pursuant to shareholder approval at the AGM held on 31 May 2022
personal
Purpose of the issue
Other
		Additional Details
		Performance linked short-term incentive component for Christopher Clark.
		New +securities
		ASX +security code		+Security description
		New class - code to be confirmed		Performance Rights 2022
		+Security type		ISIN code
		Other
For	Date the +securities the subject of this notification were issued
3/6/2022

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

Yes

Notification of Issue, Conversion or Payment up of Unquoted

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