Adherium : Update - Notification of buy-back - ADR

Notification of buy-back

Announcement Summary

For personal use only

Name of entity

ADHERIUM LIMITED

Announcement type

Update announcement

Type of update

Daily buy-back notification

Date of this announcement

20/12/2021

Reason for update

Daily buy-back notification

ASX Security code and description of the class of +securities the subject of the buy-back

ADR : ORDINARY FULLY PAID

The type of buy-back is:

Employee share scheme buy-back

Total number of +securities bought back before previous day

0

Total number of +securities bought back on previous day

2,873,289

Refer to next page for full details of the announcement

Notification of buy-back

1 / 6

Notification of buy-back

Part 1 - Entity and announcement details

For personal use only

1.1 Name of entity

ADHERIUM LIMITED

We (the entity named above) provide the following information about our buy-back.

1.2	Registration number type	Registration number
ACN	605352510
1.3	ASX issuer code
ADR

1.4 The announcement is

Update/amendment to previous announcement

1.4a Type of update

Daily buy-back notification

1.4b Reason for update

Daily buy-back notification

1.4c Date of initial notification of buy-back

1/12/2021

1.4d Date of previous announcement to this update

1/12/2021

1.5 Date of this announcement

20/12/2021

1.6 ASX Security code and description of the class of +securities the subject of the buy-back

ADR : ORDINARY FULLY PAID

Notification of buy-back

2 / 6

Notification of buy-back

Part 2 - Type of buy-back

2.1 The type of buy-back is:

Employee share scheme buy-back

For personal use only

Notification of buy-back

3 / 6

Notification of buy-back

Part 3 - Buy-back details

only
	Part 3A - Details of +securities, price and reason
		3A.1 Total number of +securities on issue in the class of
		+securities to be bought back
		2,203,669,541
		3A.2 Total number of +securities proposed to be bought
use	back
2,873,289
personal	3A.9 Are the +securities being bought back for a cash consideration?
No
3A.9b Please describe the consideration being provided to buy back the +securities
		Extinguishment of ESP loans totalling $114,931.56 originally advanced by the Company to the Shareholders for the
		purchase of the ESP Shares being cancelled due to award expiry. No cash is payable by the Company for the Buy Back.
	Part 3B - Buy-back restrictions and conditions
		3B.1 Does the buy-back require security holder
For	approval?
No

3B.3 Are there any other conditions that need to be satisfied before the buy-back offer becomes unconditional?

No

Notification of buy-back

4 / 6

Notification of buy-back

Part 3C - Key dates

		Employee Share Scheme, Selective and Other Buy-Backs
only	3C.1 Anticipated date buy-back will occur
17/12/2021
	Part 3D - Other Information
For personaluse	3D.1 Any other information the entity wishes to notify to ASX about the buy-back

Notification of buy-back

5 / 6