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

Announcement Summary

use only

Entity name

WIDE OPEN AGRICULTURE LTD

Date of this announcement

Friday December 17, 2021

The +securities the subject of this notification are:

Other

Total number of +securities to be issued/transferred

Total number of

ASX +security

+securities to be

code

Security description

issued/transferred

Issue date

WOAAI

OPTION EXPIRING 31-DEC-2023 EX 50C

200,000

17/12/2021

For personal

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

WIDE OPEN AGRICULTURE LTD

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

86604913822

1.3

ASX issuer code

WOA

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

17/12/2021

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

For personal use only

2.1 The +securities the subject of this notification are: Other

Please specify

Under the terms of the options when exercised results in the issue of 1 Share and 1 secondary Option

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

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

For personal use only

Additional +securities in an existing class

ASX +security code and description

WOAAI : OPTION EXPIRING 31-DEC-2023 EX 50C

Date the +securities the subject of this notification were issued

17/12/2021

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

Yes

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

Please provide any further information needed to understand the circumstances in which you are notifying the issue of these +securities to ASX, including why the issue of the +securities has not been previously announced to the market in an Appendix 3B

In accordance with the terms of the `piggy back options¿ issued to brokers and promoters in the IPO, which when exercised at 30 cents results in the issue of one Share and one secondary Option with an exercise price of 50 cents and an expiry date of 31 December 2023

Notification of Issue, Conversion or Payment up of Unquoted

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

Issue details

For personal use only

Number of +securities

200,000

Were the +securities issued for a cash consideration?

No

Please describe the consideration being provided for the +securities

In accordance with the terms of the `piggy back options¿ which when exercised at 30 cents results in the issue of one Share and one secondary Option (ex price 50c expiry 31/12/23

Purpose of the issue

Other

Additional Details

Notification of Issue, Conversion or Payment up of Unquoted

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Disclaimer

Wide Open Agriculture Ltd. published this content on 17 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 December 2021 08:08:05 UTC.