Wide Open Agriculture : Update - Notification regarding unquoted securities - WOA

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

Update Summary

For personal use only

Entity name

WIDE OPEN AGRICULTURE LTD

Announcement Type

Update to previous announcement

Date of this announcement

Tuesday February 01, 2022

Reason for the update

transposition error

Refer to next page for full details of the announcement

Notification of Issue, Conversion or Payment up of Unquoted

1 / 7

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

WIDE OPEN AGRICULTURE LTD

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	86604913822
1.3	ASX issuer code
WOA

1.4 The announcement is

Update/amendment to previous announcement

1.4a Reason for update to a previous announcement

transposition error

1.4b Date of previous announcement to this update

19/11/2021

1.5 Date of this announcement

1/2/2022

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

For personal use only

2.1 The +securities the subject of this notification are:

+Securities issued under an +employee incentive scheme that are subject to a restriction on transfer and are not being quoted on ASX until the restriction ends

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

3 / 7

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

use only

New +securities issued under an +employee incentive scheme

ASX +security code		+Security description
New class - code to be confirmed		Unlisted Options (Exercise Price $1.24 and Expiry Date 30
		November 2025)
+Security type		ISIN code
Options

Date the +securities the subject of this notification were issued

19/11/2021

Will all the +securities issued in this class rank equally in all respects from their issue date? 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
Ben Cole		Mr Ben Cole
Anthony Maslin		MR ANTHONY MASLIN + MS
		MARITE NORRIS
		A/C>

Number of +securities

1,000,000

750,000

For

Stuart McAlpine		Stuart McAlpine	500,000
			500,000
Elizabeth Brennan		Ms Elizabeth Brennan
			500,000
Ronald Duncan		Mr Ronald Ian Stuart Duncan

Have you received confirmation from ASX that the terms of the +securities are appropriate and equitable under listing rule 6.1?

Yes

Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being issued.

Schedule 2 of the Notice of AGM -https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02431603-6A1054379?access_token=83ff96335c2d45a094df02a206a39ff4

Notification of Issue, Conversion or Payment up of Unquoted

4 / 7

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

Options Details
	+Security currency	Exercise price	Expiry date
	AUD - Australian Dollar	AUD 1.24000000	30/11/2025
only	Details of the existing class of +security that will be issued upon exercise or conversion of this new class of
company option
	Other
	Description
	WOA - FULLY PAID ORDINARY SHARES
use	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
Schedule 1 of the Notice of AGM -https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-0243
	1603-6A1054379?access_token=83ff96335c2d45a094df02a206a39ff4
	Any other information the entity wishes to provide about the +securities the subject of this notification
personalFor
Issue details

Number of +securities 4,376,043

Notification of Issue, Conversion or Payment up of Unquoted

5 / 7