OpenLearning : Application for quotation of securities - OLL

Application for quotation of +securities

Announcement Summary

For personal use only

Entity name

OPENLEARNING LIMITED

Announcement Type

New announcement

Date of this announcement

Monday December 13, 2021

The +securities to be quoted are:

+Restricted securities where the escrow period has expired or is about to expire

Total number of +securities to be quoted

ASX +security		Number of +securities to
code	Security description	be quoted	Issue date
OLL	ORDINARY FULLY PAID	23,103,054	09/12/2019

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

OPENLEARNING 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
ACN	635890390
1.3	ASX issuer code
OLL

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

13/12/2021

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Application for quotation of +securities

Part 2 - Type of Issue

2.1 The +securities to be quoted are:

+Restricted securities where the escrow period has expired or is about to expire

For personal use only

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

For personal use only

Additional +securities to be quoted in an existing class as a result of escrow expiring on an existing class

FROM (Existing Class)

ASX +security code and description

OLLAA : ORDINARY FULLY PAID RESTRICTED

TO (Existing Class)

ASX +security code and description

OLL : ORDINARY FULLY PAID

Please state the number of +restricted securities where the escrow period	And the date the escrow restrictions
has expired or is about to expire	have ceased or will cease
23,103,054	12/12/2021

Issue date

9/12/2019

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

Yes

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Application for quotation of +securities

Issue details

Number of +securities to be quoted

3,833,333

For personal use only

Are the +securities being issued for a cash consideration?

No

Please describe the consideration being provided for the +securities

Shares issued in consideration for advisory services and classified by ASX as restricted securities at listing were released from escrow on 12 December 2021.

Please provide an estimate (in AUD) of the value of the consideration being provided per +security for the +securities to be quoted

0.200000

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

Please refer to the Company's Prospectus dated 12 November 2019 for further information.

Number of +securities to be quoted

1,033,234

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 0.12000000

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

Shares issued on conversion of convertible notes and classified by ASX as restricted securities at listing were released from escrow on 12 December 2021.

Please refer to the Company's Prospectus dated 12 November 2019 for further information.

Number of +securities to be quoted

18,236,487

Are the +securities being issued for a cash consideration?

No

Please describe the consideration being provided for the +securities

Shares issued to the vendors of OL Singapore and classified by ASX as restricted securities at listing were released from escrow on 12 December 2021.

Application for quotation of +securities

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