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

Announcement Summary

For personal use only

Entity name

SILEX SYSTEMS LIMITED

Date of this announcement

Friday March 18, 2022

The +securities the subject of this notification are:

+Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX

Total number of +securities to be issued/transferred

Total number of

ASX +security

+securities to be

code

Security description

issued/transferred

Issue date

New class - code

Options Exercise Price: $1.19 Expiry Date: 17

600,000

18/03/2022

to be confirmed

March 2027

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

SILEX SYSTEMS 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

ABN

69003372067

1.3

ASX issuer code

SLX

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

18/3/2022

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 2 - Issue details

2.1 The +securities the subject of this notification are:

+Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX

For personal use only

2.2a This notification is given in relation to an issue of +securities in a class which is not quoted on ASX and which:

does not have an existing ASX security code ("new 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 3C - number and type of +securities the subject of this notification (new class) where issue has not previously been notified to ASX

in an Appendix 3B

only

ASX +security code

+Security description

New class - code to be confirmed

Options

Exercise Price: $1.19

Expiry Date: 17 March 2027

+Security type

ISIN code

use

Options

Date the +securities the subject of this notification were issued

18/3/2022

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

Yes

personal

Were any of the +securities issued to +key management personnel (KMP) or an +associate?

No

Have you received confirmation from ASX that the terms of the +securities are appropriate and equitable under

listing rule 6.1?

No

Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being

issued.

Silex Systems Limited 2019 Notice of Meeting:

https://clients3.weblink.com.au/pdf/SLX/02154732.pdf

Options Details

+Security currency

Exercise price

Expiry date

For

AUD - Australian Dollar

AUD 1.19000000

17/3/2027

Details of the existing class of +security that will be issued upon exercise or conversion of this new class of company option

Other

Description

SLX - Ordinary Fully Paid Shares

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

Silex Systems Limited 2019 Notice of Meeting:

https://clients3.weblink.com.au/pdf/SLX/02154732.pdf

Notification of Issue, Conversion or Payment up of Unquoted

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

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

The Options are issued in accordance with the Company's Employee Incentive Plan (EIP).

Exercise Price: $1.19

Expiry Date: 17 March 2027

only

Options will vest on 18 March 2025 subject to the satisfaction of service-based vesting conditions. Exercisable from 18

March 2025 to 17 March 2027 (Expiry Date).

Issue details

use

Number of +securities

600,000

For personal

Notification of Issue, Conversion or Payment up of Unquoted

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Disclaimer

Silex Systems Limited published this content on 18 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 March 2022 00:40:04 UTC.