Cann : Notification regarding unquoted securities - CAN

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

Announcement Summary

For personal use only

Entity name

CANN GROUP LIMITED

Date of this announcement

Tuesday December 21, 2021

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

Total number of +securities to be issued/transferred

		Total number of
ASX +security		+securities to be
code	Security description	issued/transferred	Issue date
CANAC	PERFORMANCE RIGHTS	2,958,362	21/12/2021

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

CANN GROUP 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
ACN	603949739
1.3	ASX issuer code
CAN

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

21/12/2021

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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:

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

For personal use only

Additional +securities in an existing class issued under an +employee incentive scheme

ASX +security code and description

CANAC : PERFORMANCE RIGHTS

Date the +securities the subject of this notification were issued

21/12/2021

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.

Name of KMP		Name of registered holder	Number of +securities
			1,371,952
Peter Crock		Same
			165,176
Shane Duncan		Same
			141,176
Deborah Ambrosini		Same
			151,129
Geoff Aldred		Same
			146,823
Geraldine Farrell		Same
			246,568
Jonathan Hartshorn		Same

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

https://investors.canngrouplimited.com/DownloadFile.axd?file=/Report/ComNews/20201022/02297115.pdf

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

The performance rights have been issued to employees in accordance with the terms of the Long Term Incentive Plan (LTIP) that was approved by shareholders at the Company's AGM on 24 November 2020. Each Performance Right is a right to receive one fully paid ordinary share in CAN, subject to meeting performance conditions and the terms of the LTIP. For details of the LTIP, please see a summary of the material terms located at page 21 of the Notice of Meeting for the Company¿s Annual General Meeting held on 24 November 2020.

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

Issue details

Number of +securities

2,958,362

For personal use only

Notification of Issue, Conversion or Payment up of Unquoted

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