GWR : Proposed issue of securities - GWR

Proposed issue of securities

Announcement Summary

For personal use only

Entity name

GWR GROUP LIMITED

Announcement Type

New announcement

Date of this announcement 27/1/2022

The Proposed issue is:

A placement or other type of issue
Total number of +securities proposed to be issued for a placement or other type of issue
		Maximum Number of
ASX +security code	+Security description	+securities to be issued
GWROA	OPTION EXPIRING 01-OCT-2022	4,941,176
GWR	ORDINARY FULLY PAID	17,647,059

Proposed +issue date

1/2/2022

Refer to next page for full details of the announcement

Proposed issue of securities

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Proposed issue of securities

Part 1 - Entity and announcement details

For personal use only

1.1 Name of +Entity

GWR GROUP 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	Registration Number
ABN	54102622051
1.3	ASX issuer code
GWR

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

27/1/2022

1.6 The Proposed issue is:

A placement or other type of issue

Proposed issue of securities

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Proposed issue of securities

Part 7 - Details of proposed placement or other issue

only
	Part 7A - Conditions
		7A.1 Do any external approvals need to be obtained or other conditions satisfied before the placement or other
		type of issue can proceed on an unconditional basis?
use		No
	Part 7B - Issue details
			Is the proposed security a 'New	Will the proposed issue of this
			class' (+securities in a class that is	+security include an offer of
			not yet quoted or recorded by ASX)	attaching +securities?
personal		or an 'Existing class' (additional	No
	securities in a class that is already
	consideration?
			quoted or recorded by ASX)?
			Existing class
	Details of +securities proposed to be issued
			ASX +security code and description
			GWR : ORDINARY FULLY PAID
			Number of +securities proposed to be issued
		4,411,765
			Offer price details
			Are the +securities proposed to be issued being issued for a cash
For		No
	Please describe the consideration being provided for the +securities
			The securities are being issued in part consideration for the acquisition of a 70% in the Prospect Ridge Magnesium
			Project
			Please provide an estimate of the AUD equivalent of the consideration being provided for the +securities
		0.170000
			Will these +securities rank equally in all respects from their issue date with
			the existing issued +securities in that class?
			Yes

Proposed issue of securities

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Proposed issue of securities

		Is the proposed security a 'New	Will the proposed issue of this
only	class' (+securities in a class that is	+security include an offer of
not yet quoted or recorded by ASX)	attaching +securities?
or an 'Existing class' (additional	No
		securities in a class that is already
		quoted or recorded by ASX)?
		Existing class
	Details of +securities proposed to be issued
use	ASX +security code and description
GWR : ORDINARY FULLY PAID
Number of +securities proposed to be issued
1,470,588
Offer price details
personal	Are the +securities proposed to be issued being issued for a cash
consideration?
		No
		Please describe the consideration being provided for the +securities
		The Securities being issued are in lieu of fees payable to GTT Ventures Pty Ltd
		Please provide an estimate of the AUD equivalent of the consideration being provided for the +securities
		0.170000
		Will these +securities rank equally in all respects from their issue date with
		the existing issued +securities in that class?
		Yes
For	Is the proposed security a 'New	Will the proposed issue of this
		class' (+securities in a class that is	+security include an offer of
		not yet quoted or recorded by ASX)	attaching +securities?
		or an 'Existing class' (additional	Yes
		securities in a class that is already
		quoted or recorded by ASX)?
		Existing class
	Proposed issue of securities	4 / 8

Proposed issue of securities

Details of +securities proposed to be issued

ASX +security code and description

GWR : ORDINARY FULLY PAID

only	Number of +securities proposed to be issued
11,764,706
	Offer price details
	Are the +securities proposed to be issued being issued for a cash
	consideration?
	Yes
use	In what currency is the cash	What is the issue price per
consideration being paid?	+security?
AUD - Australian Dollar	AUD 0.17000
	Will these +securities rank equally in all respects from their issue date with
	the existing issued +securities in that class?
personal	Yes
Attaching +Security
	Is the proposed attaching 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)?
	Existing class
Attaching +Security - Existing class (additional +securities in a class that is already quoted or recorded by ASX)
	Details of attaching +securities proposed to be issued
	ASX +security code and description
For	GWROA : OPTION EXPIRING 01-OCT-2022
Number of +securities proposed to be issued
	2,941,176

Offer price details

Are the +securities proposed to be issued being issued for a cash consideration?

No

Please describe the consideration being provided for the +securities

Listed options to be issued for Nil consideration

Proposed issue of securities

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