SportsHero : Proposed issue of securities - SHO

Proposed issue of securities

Announcement Summary

For personal use only

Entity name

SPORTSHERO LIMITED

Announcement Type

New announcement

Date of this announcement

1/12/2021

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
New class-code to be	Performance Rights	2,500,000
confirmed
New class-code to be	Options to acquire fully paid ordinary shares	2,500,000
confirmed

Proposed +issue date

1/3/2022

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

SPORTSHERO 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	98123423987
1.3	ASX issuer code
SHO

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

1/12/2021

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?
			Yes
use	7A.1a Conditions
Approval/Condition	Date for determination	Is the date estimated or	** Approval
		+Security holder approval	31/1/2021			actual?	received/condition met?
				Estimated
		Comments
personal
	P rt 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?
			or an 'Existing class' (additional		Yes
			securities in a class that is already
			quoted or recorded by ASX)?
			New class
	Details of +securities proposed to be issued
For		ISIN Code (if Issuer is a foreign company and +securities are non CDIs)
	Have you received confirmation from		Will the entity be seeking quotation
			ASX that the terms of the proposed		of the 'new' class of +securities on
			+securities are appropriate and		ASX?
			equitable under listing rule 6.1?		No
			No
			ASX +security code			+Security description
			New class-code to be confirmed		Performance Rights

+Security type Performance options/rights

Proposed issue of securities

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Proposed issue of securities

Number of +securities proposed to be issued 2,500,000

	Offer price details
only	Are the +securities proposed to be issued being issued for a cash consideration?
No
	Please describe the consideration being provided for the +securities
	In accordance with an Executive Services Agreement for the engagement of Mr Scott Russell as the Company's Chief
	Commercial Officer.
use	Please provide an estimate of the AUD equivalent of the consideration being
provided for the +securities
0.005000
	Will all the +securities issued in this class rank equally in all respects from
	their issue date?
personal	Yes
Performance options/rights details
	+Security currency	Exercise price	Expiry date
	AUD - Australian Dollar	AUD 0.1000	31/12/2022
	Details of the type of +security that will be issued if the option is exercised
	SHO : ORDINARY FULLY PAID
	Number of securities that will be issued if the option is exercised
	One fully paid ordinary share (ASX:SHO)
	Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities
	proposed to be issued or provide the information by separate announcement.
	refer SHO ASX announcement of today's date
Attaching +Security
For	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)?
New class

Attaching +Security - New class (+securities in a class that is not yet quoted or recorded by ASX)

Details of attaching +securities proposed to be issued

Proposed issue of securities

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Proposed issue of securities

ISIN Code (if Issuer is a foreign company and +securities are non CDIs)

	Have you received confirmation from ASX that the terms		Will the entity be seeking quotation of the 'new' class o
only	of the proposed +securities are appropriate and		+securities on ASX?
equitable under listing rule 6.1?		No
No
	ASX +security code		+Security description
	New class-code to be confirmed		Options to acquire fully paid ordinary shares
	+Security type
	Options
use	Number of +securities proposed to be issued
2,500,000
	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
	In accordance with an Executive Services Agreement for the engagement of Mr Scott Russell as the Company's Chief
	Commercial Officer.
	Please provide an estimate of the AUD equivalent of the consideration being provided for the +securities
	0.015000
	Will all the +securities issued in this class rank equally in all respects from their issue date?
	Yes
Options details
personal	+Security currency
For	AUD - Australian Dollar
Exercise price		Expiry date
	AUD 0.0500	31/12/2023

Details of the type of +security that will be issued if the option is exercised

SHO : ORDINARY FULLY PAID

Number of securities that will be issued if the option is exercised

One fully paid ordinary share (ASX:SHO)

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

Proposed issue of securities

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