Battery Minerals : Notification regarding unquoted securities - BAT

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

Announcement Summary

For personal use only

Entity name

BATTERY MINERALS LIMITED

Date of this announcement

Thursday March 24, 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	ESOP options	5,000,000	24/03/2022
to be confirmed

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

BATTERY MINERALS 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	75152071095
1.3	ASX issuer code
BAT

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

24/3/2022

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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			ESOP options
	+Security type			ISIN code
	Options
use	Date the +securities the subject of this notification were issued
24/3/2022
Will all the +securities issued in this class rank equally in all respects from their issue date?
	Yes
	Were any of the +securities issued to +key management personnel (KMP) or an +associate?
personal	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.
	https://www.investi.com.au/api/announcements/bat/1fd39679-d51.pdf
Options Details
	+Security currency	Exercise price	Expiry date
	AUD - Australian Dollar	AUD 0.02500000	31/3/2027
	Details of the existing class of +security that will be issued upon exercise or conversion of this new class of
For	company option
Other

Description

BAT - ordinary shares fully paid

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

https://www.investi.com.au/api/announcements/bat/1fd39679-d51.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

Options issued under Company ESOP plan renewed at the 2021 Annual General Meeting in May 2021. Options are exercisable at 2.5 cents each and expire on 31 March 2027. 2,500,000 options lapse if employee leaves within ONE (1) year of grant (Tranche 1) and the remaining 2,500,000 options lapse if employee leaves within TWO (2) years of grant (Tranche 2)

Issue details

For personal use only

Number of +securities 5,000,000

Notification of Issue, Conversion or Payment up of Unquoted

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