Douugh : Proposed issue of securities - DOU

Proposed issue of securities

Announcement Summary

For personal use only

Entity name

DOUUGH LIMITED

Announcement Type

New announcement

Date of this announcement

6/12/2021

The Proposed issue is:

A placement or other type of issue

Total number of +securities proposed to be issued for a placement or other type of issue

		Maximum Number of
ASX +security code	+Security description	+securities to be issued
New class-code to be	Unlisted options with an exercise price of $0.108 and an	10,000,000
confirmed	expiry 3 years from date of issue.
DOU	ORDINARY FULLY PAID	76,388,889
Proposed +issue date
10/12/2021

Refer to next page for full details of the announcement

Proposed issue of securities

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Proposed issue of securities

Part 1 - Entity and announcement details

For personal use only

1.1 Name of +Entity

DOUUGH LIMITED

We (the entity named above) give ASX the following information about a proposed issue of +securities and, if ASX agrees to +quote any of the +securities (including any rights) on a +deferred settlement basis, we agree to the matters set out in Appendix 3B of the ASX Listing Rules.

If the +securities are being offered under a +disclosure document or +PDS and are intended to be quoted on ASX, we also apply for quotation of all of the +securities that may be issued under the +disclosure document or +PDS on the terms set out in Appendix 2A of the ASX Listing Rules (on the understanding that once the final number of +securities issued under the +disclosure document or +PDS is known, in accordance with Listing Rule 3.10.3C, we will complete and lodge with ASX an Appendix 2A online form notifying ASX of their issue and applying for their quotation).

1.2	Registered Number Type	Registration Number
ABN	41108042593
1.3	ASX issuer code
DOU

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

6/12/2021

1.6 The Proposed issue is:

A placement or other type of issue

Proposed issue of securities

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Proposed issue of securities

Part 7 - Details of proposed placement or other issue

only
	Part 7A - Conditions
		7A.1 Do any external approvals need to be obtained or other conditions satisfied before the placement or other
		type of issue can proceed on an unconditional basis?
use	No
	Part 7B - Issue details
		Is the proposed security a 'New	Will the proposed issue of this
		class' (+securities in a class that is	+security include an offer of
		not yet quoted or recorded by ASX)	attaching +securities?
personal	or an 'Existing class' (additional	No
securities in a class that is already
consideration?
		quoted or recorded by ASX)?
		Existing class
	Details of +securities proposed to be issued
		ASX +security code and description
		DOU : ORDINARY FULLY PAID
		Number of +securities proposed to be issued
		76,388,889
		Offer price details
		Are the +securities proposed to be issued being issued for a cash
For	Yes
In what currency is the cash	What is the issue price per
		consideration being paid?	+security?
		AUD - Australian Dollar	AUD 0.07200

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

Yes

Proposed issue of securities

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Proposed issue of securities

	Is the proposed security a 'New		Will the proposed issue of this
	class' (+securities in a class that is		+security include an offer of
	not yet quoted or recorded by ASX)		attaching +securities?
	or an 'Existing class' (additional		No
only	securities in a class that is already
quoted or recorded by ASX)?
New class
Details of +securities proposed to be issued
	ISIN Code (if Issuer is a foreign company and +securities are non CDIs)
use	Have you received confirmation from		Will the entity be seeking quotation
ASX that the terms of the proposed		of the 'new' class of +securities on
	+securities are appropriate and		ASX?
	equitable under listing rule 6.1?		No
	No
	ASX +security code		+Security description
	New class-code to be confirmed		Unlisted options with an exercise price of $0.108 and an expiry 3 years from
personal			date of issue.
Please provide an estimate of the AUD equivalent of the consideration being
	+Security type
	Options
	Number of +securities proposed to be issued
	10,000,000
	Offer price details
	Are the +securities proposed to be issued being issued for a cash consideration?
	No
	Please describe the consideration being provided for the +securities
	Lead manager services
For	provided for the +securities
754,069.000000

Will all the +securities issued in this class rank equally in all respects from their issue date?

Yes

Proposed issue of securities

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Proposed issue of securities

Options details

			+Security currency	Exercise price	Expiry date
			AUD - Australian Dollar	AUD 0.1080	10/12/2024
only		Details of the type of +security that will be issued if the option is exercised
	DOU : ORDINARY FULLY PAID
			Number of securities that will be issued if the option is exercised
			One fully paid ordinary share (ASX:DOU)
			Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities
			proposed to be issued or provide the information by separate announcement.
use		This announcement dated 6 December 2021
	Part 7C - Timetable
personal	7C.1 Proposed +issue date
10/12/2021
	Part 7D - Listing Rule requirements
		7D.1 Has the entity obtained, or is it obtaining, +security holder approval for the entire issue under listing rule 7.1?
			No
		7D.1b Are any of the +securities proposed to be issued without +security holder approval using the entity's 15%
		placement capacity under listing rule 7.1?
			Yes
		7D.1b ( i ) How many +securities are proposed to be issued without security holder approval using the entity's 15%
		placement capacity under listing rule 7.1?
For	37125172
7D.1c Are any of the +securities proposed to be issued without +security holder approval using the entity's

additional 10% placement capacity under listing rule 7.1A (if applicable)? Yes

7D.1c ( i ) How many +securities are proposed to be issued without +security holder approval using the entity's additional 10% placement capacity under listing rule 7.1A?

49263717

7D.1c ( ii ) Please explain why the entity has chosen to do a placement rather than a +pro rata issue or an offer under a +security purchase plan in which existing ordinary +security holders would have been eligible to participate

The Board resolved to undertake a placement in order to raise funds for the Company's working capital and growth objectives as expeditiously as possible and the Company will also be conducting a pro-rata SPP.

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