DroneShield : Notification regarding unquoted securities - DRO

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

Announcement Summary

For personal use only

Entity name

DRONESHIELD LIMITED

Date of this announcement

Friday July 08, 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
DROAH	OPTION EXPIRING VARIOUS DATEX EX	9,150,000	08/07/2022
	VARIOUS PRICES

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

DRONESHIELD 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
ACN	608915859
1.3	ASX issuer code
DRO

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

8/7/2022

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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:

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

ASX +security code and description

DROAH : OPTION EXPIRING VARIOUS DATEX EX VARIOUS PRICES

Date the +securities the subject of this notification were issued

8/7/2022

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

Yes

Were any of the +securities issued to +key management personnel (KMP) or an +associate? No

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

URL to the Incentive Option Plan:https://www.asx.com.au/asxpdf/20220614/pdf/459xclbfs73980.pdf

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

Issue of 150,000 Unlisted Options (being Class AA), expiring on 17 June 2025 with a strike price of $0.30 each and 9,000,000 Employee Performance Options, vesting on satisfaction of certain conditions that are substantially similar to the Performance Options issued to Directors as approved by Shareholders at the AGM held on 26 April 2022. Refer to the 2022 Notice of Annual General Meeting resolutions 4,5 and 6 - Issue of Performance Options to Directors. The terms of the Performance Options are set out at Annexure A. URL:https://www.asx.com.au/asxpdf/20220325/pdf/457cg8hsggb2xn. pdf

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

Issue details

For personal use only

Number of +securities

150,000

Number of +securities

9,000,000

Notification of Issue, Conversion or Payment up of Unquoted

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