Develop Global : Update - Application for quotation of securities - DVP

Application for quotation of +securities

Update Summary

For personal use only

Entity name

DEVELOP GLOBAL LIMITED

Announcement Type

Update to previous announcement

Date of this announcement

Thursday December 02, 2021

Reason for the update

correction to amount of shares issued

Refer to next page for full details of the announcement

Application for quotation of +securities

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Application for quotation of +securities

Part 1 - Entity and announcement details

For personal use only

1.1 Name of entity

DEVELOP GLOBAL LIMITED

We (the entity named above) apply for +quotation of the following +securities and agree to the matters set out in Appendix 2A of the ASX Listing Rules.

1.2	Registered number type	Registration number
ABN	28122180205
1.3	ASX issuer code
DVP

1.4 The announcement is

Update/amendment to previous announcement

1.4a Reason for update to a previous announcement

correction to amount of shares issued

1.4b Date of previous announcement to this update

30/11/2021

1.5 Date of this announcement

2/12/2021

Application for quotation of +securities

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Application for quotation of +securities

Part 2 - Type of Issue

For personal use only

2.1 The +securities to be quoted are:

+Securities issued, transferred or re-classified as a result of options being exercised or other +convertible securities being converted

2.2 The +securities to be quoted are:

Additional +securities in a class that is already quoted on ASX ("existing class")

Application for quotation of +securities

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Application for quotation of +securities

Part 3B - number and type of +securities to be quoted (existing class) where issue has not previously been notified to ASX in an Appendix 3B

only

Existing +securities converting into additional +securities in an existing class

FROM (Existing Class)

ASX +security code and description

DVPAA : OPTION EXPIRING 15-DEC-2021 EX $0.10

use

TO (Existing Class)

ASX +security code and description

DVP : ORDINARY FULLY PAID

Please state the number of options that were exercised or other +convertible securities that were converted

318,181

The first date the options were exercised or other +convertible securities were converted

25/11/2021

The last date the options were exercised or other +convertible securities were converted

29/11/2021

For personal

Is this all of the options or other +convertible securities on issue of that type (ie have all of those options now been exercised or have all of those convertible securities now been converted)?

No

The right of the holder of the options or other +convertible securities to receive the +underlying securities is being satisfied by:

An issue of new +securities

The underlying securities being received by the holder are:

Intended to be, but are not yet, quoted by ASX

Were the options being exercised or other +convertible securities being converted issued under an +employee incentive scheme?

No

Issue date

29/11/2021

Will the +securities to be quoted rank equally in all respects from their issue date with the existing issued +securities in that class?

Yes

Application for quotation of +securities

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Application for quotation of +securities

Issue details

Number of +securities to be quoted

318,181

For personal use only

Are the +securities being issued for a cash consideration?

Yes

In what currency is the cash consideration being paid? What is the issue price per +security?

AUD - Australian Dollar

AUD 0.10000000

Any other information the entity wishes to provide about the +securities to be quoted

381,181 options exercised at 0.10c per share pursuant to the capital raising in June 2020.

Application for quotation of +securities

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