BSA : Appendix 3G

For personal use only

BSA Limited

Unit C4, Building C

Lidcombe NSW

P: 02 8748 2400

F: 02 8748 2577

E: [e-mail]

ABN: 50 088 412 748

6 June 2022

FOR IMMEDIATE RELEASE

General Manager

ASX Market Announcements

Australian Securities Exchange Limited

PO Box H224

Australia Square

Sydney NSW 1215

Issue of Ordinary Shares Upon Exercise of Quoted Options

Sydney, 6 June 2022: Please find attached the Appendix 3G for the issue of Ordinary Shares as a result of the exercise of Listed Options.

-ends-

For and on behalf of the BSA Limited Board of Directors

Graham Seppelt

Company Secretary

BSA Limited

T: [phone]

E: [e-mail]

For personal use only

Appendix 3G

Notification of issue, conversion or payment up of

unquoted equity +securities

Part 1 - Entity and announcement details

Question	Question	Answer
no
1.1	*Name of entity	BSA Limited
	We (the entity here named) give notice of the issue,
	conversion or payment up of the following unquoted
	+securities.
1.2	*Registration type and number	ACN 088 412 748
	Please supply your ABN, ARSN, ARBN, ACN or
	another registration type and number (if you supply
	another registration type, please specify both the type
	of registration and the registration number).
1.3	*ASX issuer code	BSA
1.4	*This announcement is	☒ A new announcement
	Tick whichever is applicable.	☐ An update/amendment to a previous
		announcement
		☐ A cancellation of a previous
		announcement
1.4a	*Reason for update
	Mandatory only if "Update" ticked in Q1.4 above. A
	reason must be provided for an update.
1.4b	*Date of previous announcement to this
	update
	Mandatory only if "Update" ticked in Q1.4 above.
1.4c	*Reason for cancellation
	Mandatory only if "Cancellation" ticked in Q1.4 above.
1.4d	*Date of previous announcement to this
	cancellation
	Mandatory only if "Cancellation" ticked in Q1.4 above.
1.5	*Date of this announcement	6 June 2022

Part 2 - Type of issue

Question Question	Answer
No.

2.1	*The +securities the subject of this	☐ +Securities issued as part of a
only	notification are:	transaction or transactions previously
Select whichever item is applicable.	announced to the market in an Appendix
3B that are not quoted, and are not
If you wish to notify ASX of different events involving
intended to be quoted, on ASX
unquoted securities, please complete a separate
use	Appendix 3G for each event.	☐ +Securities issued under a +dividend or
	distribution plan that are not quoted, and
	are not intended to be quoted, on ASX
	☐ Unquoted options that have been
	exercised or other unquoted +convertible
	securities that have been converted
	☒ Quoted options that have been
	exercised or other quoted +convertible
	securities that have been converted
personal
	where the +securities received as a
	result of the exercise or conversion
	either are already quoted on ASX or are
	not intended to be quoted on ASX
	☐ Unquoted partly paid +securities upon
	which a call or instalment has been paid
	☐ +Securities issued under an +employee
	incentive scheme that are subject to a
	restriction on transfer and are not being
	quoted on ASX until the restriction ends
	☐ +Other securities issued under an
	+employee incentive scheme that are
	not intended to be quoted on ASX
	☐ Other [please specify]
	If you have selected 'other' please explain the
	circumstances here:
	2.1a	*Date the +securities the subject of this	11 May 2022
		notification were issued
		Answer this question if your response to Q2.1 is anything
		other than "Unquoted partly paid securities upon which a
		call or instalment has been paid".
	2.2a.1	*Date of Appendix 3B notifying the	6 April 2022
For	market of the proposed issue of
		+securities the subject of this
		notification
		Answer this question if your response to Q2.1 is
		"Securities issued as part of a transaction or
		transactions previously announced to the market in
		an Appendix 3B that are not quoted, and are not
		intended to be quoted, on ASX."

2.2a.2

only2.2a.2.1

use 2.2b.1

personal2.2c.1

2.2c.2 For

*Are there any further issues of +securities	Yes or No
yet to take place to complete the
transaction(s) referred to in the
Appendix 3B?
Answer this question if your response to Q2.1 is
"Securities issued as part of a transaction or
transactions previously announced to the market in
an Appendix 3B that are not quoted, and are not
intended to be quoted, on ASX".
*Please provide details of the further
issues of +securities yet to take place to
complete the transaction(s) referred to in
the Appendix 3B
Answer this question if your response to Q2.1 is
"Securities issued as part of a transaction or
transactions previously announced to the market in
an Appendix 3B that are not quoted, and are not
intended to be quoted, on ASX" and your response to
Q2.2a.2 is "Yes".
Please provide details of the proposed dates and
number of securities for the further issues.
Date of Appendix 3A.1 lodged with ASX in
relation to the underlying +dividend or
distribution
Answer this question if your response to Q2.1 is
"Being issued under a dividend or distribution plan
that are not quoted, and are not intended to be
quoted, on ASX".
Please state the number and type of	3,137 BSAO
options that were exercised or other
+convertible securities that were converted
(including their ASX security code if
available):

Answer this question if your response to Q2.1 is "Unquoted options that have been exercised or other unquoted convertible securities that have been converted" or "Quoted options that have been exercised or other quoted convertible securities that have been converted where the securities received as a result of the exercise or conversion either are already quoted on ASX or are not intended to be quoted on ASX".

And the date the options were exercised or 3 June 2022 other +convertible securities were

converted:

Answer this question if your response to Q2.1 is "Unquoted options that have been exercised or other unquoted convertible securities that have been converted" or "Quoted options that have been exercised or other quoted convertible securities that have been converted where the securities received as a result of the exercise or conversion either are already quoted on ASX or are not intended to be quoted on ASX".

Note: If this occurred over a range of dates, enter the date the last of the options was exercised or convertible securities was converted.

	2.2c.3	Is this all of the options or other	No
only	+convertible securities on issue of that type	Note: If you have answered "No", consider whether you
(ie have all of those options now been	need to lodge an Appendix 3H with ASX notifying ASX
		exercised or have all of those convertible	of the cessation of some or all of the remaining options
		securities now been converted)?	or other convertible securities under Listing
		Rule 3.10.E. This may the case, for example, if options
		Answer this question if your response to Q2.1 is	have lapsed because they have passed their expiry
		""Unquoted options that have been exercised or other	date without being exercised, or convertible debt
		unquoted convertible securities that have been	securities have been repaid or redeemed without being
		converted" or "Quoted options that have been	converted.
		exercised or other quoted convertible securities that
		have been converted where the securities received as
		a result of the exercise or conversion either are
		already quoted on ASX or are not intended to be
		quoted on ASX".
	2.2c.4	The right of the holder of the options or	☒ An issue of new +securities
use	other +convertible securities to receive the	☐ A transfer of existing +securities
+underlying securities is being satisfied by:
Answer this question if your response to Q2.1 is	☐ A reclassification of the +convertible
"Unquoted options that have been exercised or other	securities as securities in the same class
unquoted convertible securities that have been	as the +underlying securities
converted" or "Quoted options that have been
personal	exercised or other quoted convertible securities that
have been converted where the securities received as
a result of the exercise or conversion either are
		already quoted on ASX or are not intended to be
		quoted on ASX".
	2.2c.5	The underlying securities being received	☐ Already quoted by ASX
		by the holder are:	☐ Intended to be, but are not yet, quoted
		Answer this question if your response to Q2.1 is
		by ASX
		"Unquoted options that have been exercised or other
		unquoted convertible securities that have been	☐ Are not, and are not intended to be,
		converted".	quoted by ASX
	2.2c.6	The underlying securities being received	☒ Already quoted by ASX
		by the holder are:	☐ Are not, and are not intended to be,
		Answer this question if your response to Q2.1 is
		quoted by ASX
		"Quoted options that have been exercised or other
		quoted convertible securities that have been
		converted where the securities received as a result of
		the exercise or conversion either are already quoted
		on ASX or are not intended to be quoted on ASX".
	2.2c.7	*Were the options being exercised or other	No
		+convertible securities being converted
For	issued under an +employee incentive
scheme?
Answer this question if your response to Q2.1 is "Unquoted
options that have been exercised or other unquoted
convertible securities that have been converted" or
"Quoted options that have been exercised or other quoted
convertible securities that have been converted where the
securities received as a result of the exercise or conversion
either are already quoted on ASX or are not intended to be
quoted on ASX".