Rhinomed : Proposed issue of securities - RNO

Announcement SummaryEntity name RHINOMED LIMITED

Announcement Type New announcement

Date of this announcement 7/4/2022

The Proposed issue is:An accelerated offer

Total number of +securities proposed to be issued for an accelerated offer

Maximum Number of

ASX +security code	+Security description	+securities to be issued
RNO	ORDINARY FULLY PAID	26,323,114

Trading resumes on an ex-entitlement basis (ex date) 11/4/2022

+Record date 11/4/2022

Offer closing date for retail +security holders 29/4/2022

Issue date for retail +security holders 6/5/2022

Refer to next page for full details of the announcementPart 1 - Entity and announcement details

1.1 Name of +Entity

RHINOMED 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 ABN

Registration Number 12107903159

1.3 ASX issuer code RNO

1.4 The announcement isNew announcement

1.5 Date of this announcement 7/4/2022

1.6 The Proposed issue is:An accelerated offer

1.6b The proposed accelerated offer is

Accelerated non-renounceable entitlement offer (commonly known as a JUMBO or ANREO)Part 3 - Details of proposed entitlement offer issue

Part 3A - Conditions

3A.1 Do any external approvals need to be obtained or other conditions satisfied before the entitlement offer can proceed on an unconditional basis?

No

Part 3B - Offer details

Class or classes of +securities that will participate in the proposed issue and class or classes of +securities proposed to be issued

ASX +security code and description RNO : ORDINARY FULLY PAID

Is the proposed security a 'New class' (+securities in a class that is not yet quoted or recorded by ASX) or an 'Existing class' (additional securities in a class that is already quoted or recorded by ASX)?

Will the proposed issue of this +security include an offer of attaching +securities?

If the entity has quoted company options, do the terms entitle option holders to participate on exercise?

No

No

Existing class

Details of +securities proposed to be issued

ASX +security code and description RNO : ORDINARY FULLY PAID

ISIN Code (if Issuer is a foreign company and +securities are non CDIs)

No

ISIN Code for the entitlement or right to participate in the offer (if Issuer is foreign company and +securities are non CDIs)

Offer ratio (ratio to existing holdings at which the proposed +securities will be issued)

Has the offer ratio been determined?

Yes

The quantity of additional +securities For a given quantity of +securities

to be issued Proposed issue of securities

held 3 / 8

to be issued 100

held 987

What will be done with fractional entitlements?

Maximum number of +securities proposed to be issued (subject to rounding)

Fractions rounded down to the nearest whole number or fractions disregarded

26,323,114

Offer price details for retail security holders

Has the offer price for the retail offer been determined?

Yes

In what currency will the offer be	What is the offer price per +security
made?	for the retail offer?
AUD - Australian Dollar	AUD 0.19000

Offer price details for institutional security holders

Has the offer price for the institutional offer been determined?

Yes

In what currency will the offer be	What is the offer price per +security
made?	for the institutional offer?
AUD 0.19000
AUD - Australian Dollar
Oversubscription & Scale back details

Will individual +security holders be permitted to apply for more than their entitlement (i.e. to over-subscribe)?

Yes

Describe the limits on over-subscription

Eligible retail shareholders may apply for new Rhinomed Limited ordinary shares (New Shares) in excess of their entitlement (Additional New Shares).

Any Additional New Shares will be limited to the extent that there are sufficient New Shares from eligible retail shareholders who do not take up their full entitlements.

Will a scale back be applied if the offer is over-subscribed?

Yes

Describe the scale back arrangements

If there are excess oversubscription applications Rhinomed Limited reserves the right to scale back applications for Additional New Shares at its absolute discretion.

If in the event of a scale the difference between the application monies received and the number of Additional New Shares allocated to an eligible retail shareholder multiplied by the offer price will be refunded following the allotment. No interest will be paid on any application monies received and returned.

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

Yes

Part 3D - Timetable

3D.1a First day of trading halt

7/4/2022

3D.1b Announcement date of accelerated offer

7/4/2022

3D.2 Trading resumes on an ex-entitlement basis (ex date)

11/4/2022

3D.5 Date offer will be made to eligible institutional +security holders 7/4/2022

3D.6 Application closing date for institutional +security holders 8/4/2022

3D.8 Announcement of results of institutional offer

(The announcement should be made before the resumption of trading following the trading halt)

11/4/2022

3D.9 +Record date 11/4/2022

3D.10a Settlement date of new +securities issued under institutional entitlement offer

14/4/2022

3D.10b +Issue date for institutional +security holders 19/4/2022

3D.10c Normal trading of new +securities issued under institutional entitlement offer

19/4/2022

3D.11 Date on which offer documents will be sent to retail +security holders entitled to participate in the +pro rata issue

13/4/2022

3D.12 Offer closing date for retail +security holders 29/4/2022