TasFoods : Proposed issue of securities - TFL

Proposed issue of securities

Announcement Summary

For personal use only

Entity name

TASFOODS LIMITED

Announcement Type

New announcement

Date of this announcement

14/2/2022

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	Options, each to acquire 1 fully paid ordinary share after	2,500,000
confirmed	meeting a 3 year service requirement.
New class-code to be	Options, each to acquire 1 fully paid ordinary share after	2,500,000
confirmed	meeting a 4 year service requirement.
Proposed +issue date
15/2/2022

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

TASFOODS 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
ABN	53084800902
1.3	ASX issuer code
TFL

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

14/2/2022

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		Options, each to acquire 1 fully paid ordinary share after meeting a 3 year
For					service requirement.

+Security type Options

Number of +securities proposed to be issued 2,500,000

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

Options issues as part of CEO Executive Service Agreement

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 0.1000	3/1/2025
		Details of the type of +security that will be issued if the option is exercised
		TFL : ORDINARY FULLY PAID
personal	Number of securities that will be issued if the option is exercised
2,500,000
		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.
		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
	Proposed issue of securities	4 / 7

Proposed issue of securities

	ASX +security code		+Security description
	New class-code to be confirmed		Options, each to acquire 1 fully paid ordinary share after meeting a 4 year
			service requirement.
	+Security type
only	Options
Number of +securities proposed to be issued
	2,500,000
	Offer price details
	Are the +securities proposed to be issued being issued for a cash consideration?
use	No
Please describe the consideration being provided for the +securities
	Options issues as part of CEO Executive Service Agreement
	Please provide an estimate of the AUD equivalent of the consideration being
personal	provided for the +securities
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 0.1000	3/1/2026
	Details of the type of +security that will be issued if the option is exercised
	TFL : ORDINARY FULLY PAID
	Number of securities that will be issued if the option is exercised
For	2,500,000
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.

Proposed issue of securities

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