Adveritas : Notification regarding unquoted securities - AV1

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

Announcement Summary

use only

Entity name

ADVERITAS LIMITED

Date of this announcement

Friday December 10, 2021

The +securities the subject of this notification are:

+Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX

Total number of +securities to be issued/transferred

		Total number of
ASX +security		+securities to be
code	Security description	issued/transferred	Issue date
AV1AB	PERFORMANCE RIGHTS	20,500,000	10/12/2021

For personal

Refer to next page for full details of the announcement

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

ADVERITAS 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	88156377141
1.3	ASX issuer code
AV1

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

10/12/2021

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 2 - Issue details

2.1 The +securities the subject of this notification are:

+Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX

For personal use only

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")

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 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

use only

ASX +security code and description

AV1AB : PERFORMANCE RIGHTS

Date the +securities the subject of this notification were issued

10/12/2021

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

Yes

Were any of the +securities issued to +key management personnel (KMP) or an +associate? Yes

Provide details of the KMP or +associates being issued +securities.

personal

Name of KMP		Name of registered holder
Mathew Ratty		Mathew James Ratty
		A/C>
Luke Taylor		Luke Taylor
Fiona Muir		Nicholas Allan Muir
Matthew Sutton		Matthew John Sutton

Number of +securities

10,000,000

7,500,000

1,000,000

2,000,000

For

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

Refer Notice of 2021 AGM -https://www.asx.com.au/asxpdf/20211022/pdf/451zz6d6jwnt9k.pdf

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

Issue of performance rights to KMP pursuant to the terms and conditions of the Company's Incentive Performance Rights and Options Plan approved by shareholders on 23/11/2021. Issue of performance rights to CEO/Director M. Ratty pursuant to approval obtained at the AGM held on 23/11/2021.

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

Issue details

Number of +securities

20,500,000

For personal use only

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