21 February 2017

The Manager Announcements Company Announcements Office ASX Limited

20 Bridge Street

SYDNEY NSW 2000

Dear Sir/Madam

NOTICE UNDER SECTION 708A(5)(e) OF THE CORPORATIONS ACT 2001 (CTH) ("Act")

The Company gives this notice pursuant to Section 708A(5)(e) of the Act in relation to the issue of Shares and as set out in the Company's Appendix 3B dated 21 February 2017.

The Company issued the 1,304,688 Shares without disclosure to investors under Part 6D.2 of the Act.

The Company, as at the date of this notice, has complied with:

  1. the provisions of Chapter 2M of the Act as they apply to the Company; and

  2. section 674 of the Act.

As at the date of this notice, there is no information to be disclosed that is excluded information under section 708A(7) of the Act, that is reasonable for investors and their professional advisers to expect to find in a disclosure document other than as set out in this notice.

Yours faithfully,

Peter Hatfull Algae.Tec Limited Company Secretary Appendix 3B New issue announcement Appendix 3B

Rule 2.7, 3.10.3, 3.10.4, 3.10.5

New issue announcement, application for quotation of additional securities and agreement

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX's property and may be made public.

Introduced 01/07/96 Origin: Appendix 5 Amended 01/07/98, 01/09/99, 01/07/00, 30/09/01, 11/03/02, 01/01/03, 24/10/05, 01/08/12

Name of entity

ALGAE.TEC LIMITED

ABN

16 124 544 190

We (the entity) give ASX the following information.

Part 1 - All issues

You must complete the relevant sections (attach sheets if there is not enough space).

Fully paid ordinary shares (Shares)

1 +Class of +securities issued or to be issued

1,304,688

  1. Number of +securities issued or to be issued (if known) or maximum number which may be issued

    Shares

  2. Principal terms of the +securities (eg, if options, exercise price and expiry date; if partly paid +securities, the amount outstanding and due dates for payment; if +convertible securities, the conversion price and dates for conversion)

    + See chapter 19 for defined terms.

    01/08/2012 Appendix 3B Page 1

    Appendix 3B New issue announcement

    All Shares issued rank equally in all respects from the date of issue with the existing class of fully paid ordinary shares.

  3. Do the +securities rank equally in all respects from the date of allotment with an existing +class of quoted

    +securities?

    If the additional securities do not rank equally, please state:

    • the date from which they do

    • the extent to which they participate for the next dividend, (in the case of a trust, distribution) or interest payment

    • the extent to which they do not rank equally, other than in relation to the next dividend, distribution or interest payment

      Issued at a conversion price of $0.039967

  4. Issue price or consideration

    1,304,688 Shares issued as partial conversion of convertible notes issued to Magna Equities LLC as announced on 8 July 2016.

  5. Purpose of the issue

    (If issued as consideration for the acquisition of assets, clearly identify those assets)

    Yes

    6a Is the entity an +eligible entity that has obtained security holder approval under rule 7.1A?

    If Yes, complete sections 6b - 6h in relation to the +securities the subject of this Appendix 3B, and comply with section 6i

    28 November 2016

    6b The date the security holder resolution under rule 7.1A was passed

    N/A

    6c Number of +securities issued without security holder approval under rule 7.1

    N/A

    6dNumber of +securities issued with security holder approval under rule 7.1A

    + See chapter 19 for defined terms.

    01/08/2012 Appendix 3B Page 2

    N/A

    6eNumber of +securities issued with security holder approval under rule 7.3, or another specific security holder approval (specify date of meeting)

    Appendix 3B New issue announcement

    1,304,688 shares

    6f Number of securities issued under an exception in rule 7.2

    N/A

    6g If securities issued under rule 7.1A, was issue price at least 75% of 15 day VWAP as calculated under rule 7.1A.3? Include the issue date and both values. Include the source of the VWAP calculation.

    N/A

    6h If securities were issued under rule 7.1A for non-cash consideration, state date on which valuation of consideration was released to ASX Market Announcements

    Remaining 7.1 capacity - 13,439,149 Remaining 7.1A capacity - 34,913,799

    6i Calculate the entity's remaining issue capacity under rule 7.1 and rule 7.1A - complete Annexure 1 and release to ASX Market Announcements

    20 February 2017

  6. Dates of entering +securities into uncertificated holdings or despatch of certificates

    Number

    +Class

    349,342,072

    Ordinary Shares

    Number

    +Class

  7. Number and +class of all +securities quoted on ASX (including the securities in section 2 if applicable)

+ See chapter 19 for defined terms.

01/08/2012 Appendix 3B Page 3

Algae.Tec Limited published this content on 14 July 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 14 July 2017 02:14:09 UTC.

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