LiveHire : Cancellation of Loan Back Shares (App 3C)

For personal use only

ASX: LVH MARKET RELEASE

Cancellation of Loan Back Shares

10 June 2022 | Melbourne, Victoria

LiveHire Limited (ASX: LVH) ("LiveHire" or the "Company") advises that, in accordance with the Company's employee incentive plan ("EIP"), the Company intends to cancel 2,311,050 ordinary shares in the Company ("Shares") which are subject to loan-back arrangements under the EIP ("Loan Back Shares"). Out of the 2,311,050 Loan Back Shares, 400,000 are presently held by Antonluigi Gozzi, an executive director of the Company. Further details are set out in the enclosed Appendix 3C.

The Loan Back Shares will be cancelled in accordance with the terms and conditions of the EIP as approved by shareholders at the Annual General Meeting held on 30 November 2020 and will be implemented on 27 June 2022. The outstanding loans associated with the Loan Back Shares will be extinguished and, accordingly, will not require an outlay of cash by LiveHire.

For more information:

Christy Forest - CEO and Executive Director [e-mail]

Subscribe to LiveHire's newsletter at: http://eepurl.com/b2EMFL

www.livehire.com/investor

Antonluigi Gozzi, LiveHire's Executive Director, authorised the release of this announcement to the ASX

About LiveHire

LiveHire is an award-winning1,market-leading recruitment, talent mobility and direct sourcing platform. It revolutionises the candidate experience and enables businesses and curation partners to thrive with talent on demand. The platform makes managing the flow of talent into and through businesses seamless, delivering value through detailed visibility of talent, shifting both permanent and contingent recruitment from reactive to proactive, improving fit, reducing time and cost to hire, with an unrivalled candidate experience.

Founded in 2011, LiveHire is an Australian company headquartered in Melbourne, with offices also in Sydney, Perth and Miami.

www.livehire.com

1https://drivenxdesign.com/SYD17/winners_list.asp

For personal use only

This appendix is available as an online form
Only use this form if the online version is not available	+Rule 3.8A

Appendix 3C

Notification of buy-back

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX's property and may be made public.

*Denotes minimum information required for first lodgement of this form, with exceptions provided in specific notes for certain questions. The balance of the information, where applicable, must be provided as soon as reasonably practicable by the entity.

Part 1 - Entity and announcement details

	Question	Question	Answer
	no
	1.1	*Name of entity	LiveHire Limited
		We (the entity named above) provide the following information
		about our buy-back
	1.2	*Registration type and number	ACN 153 266 605
		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	LVH
	1.4	*The announcement is	☒ New announcement
		Select whichever is applicable.	☐ Update/amendment to
			previous announcement
			☐ Cancellation of previous
			announcement
			☐ Daily buy-back notification
			Not applicable for selective buy-backs
			(complete Part 4)
			☐ Final buy-back notification
			(complete Part 5)
	1.4b	*Reason for update	N/A
		Answer this question if your response to Q 1.4 is
		"Update/amendment to previous announcement".
	1.4c	*Date of initial notification of buy-back	N/A
		Answer this question if your response to Q 1.4 is
		"Update/amendment to previous announcement" or "Cancellation
		of previous announcement".
	1.4d	*Date of previous announcement to this update	N/A
		Answer this question if your response to Q 1.4 is
		"Update/amendment to previous announcement".
	1.4e	*Reason for cancellation	N/A
		Answer this question if your response to Q 1.4 is "Cancellation of
		previous announcement".
	1.4f	*Date of previous announcement to this cancellation	N/A
		Answer this question if your response to Q 1.4 is "Cancellation of
		previous announcement".
	1.5	*Date of this announcement	10/06/2022
	1.6	*Class of +securities the subject of the buy-back:	ASX Security Code: LVH
		Note: only one type of buy-back for one class of security can be	Security Description: Ordinary
		advised in this notification. If a buy-back extends to more than one	Fully Paid
		class of security, a separate notification is required for each class.
+ See chapter 19 for defined terms	Page 1
5 June 2021

This appendix is available as an online form	Appendix 3C
	Notification of buy-back

use only

Part 2 -Type of buy-back

Questio Question

n No.

2.1 *The type of buy-back is

Note this form is not required for minimum holding buy-backs (i.e. buy-backs of unmarketable parcels). The only notification required to ASX for a minimum holding buy-back is the lodgement of an Appendix 3H within 5 business days of the completion of the minimum holding buy-back notifying ASX of the cancellation of the securities bought back in accordance with listing rule 3.8A.

2.2 Please describe the type of buy-back

Answer this question if your response to Q 2.1 is "Other buy-back".

Answer

• Employee share scheme buy- back

• On-marketbuy-back
• Equal access scheme buy- back
• Selective buy-back
• Other buy-back

Select one item.

Note: "Other buy-back" does not include

1. minimum holding buy-back. The section "Other buy-back" will generally only be applicable to an entity established outside Australia.

N/A

For personal

Part 3 -Buy-back details

Part 3A - Details of +securities, price and reason

3A.1	*Total number of +securities on issue in the class of	297,322,604
	+securities to be bought back
3A.2	*Total number of +securities proposed to be bought	2,311,050
	back
	Answer this question if your response to Q 2.1 is "Employee share
	scheme buy-back, "Selective buy-back" or "Other buy-back".
3A.3	*Name of person or description of class of persons	N/A
	whose +securities are proposed to be bought back
	Answer this question if your response to Q 2.1 is "Selective buy-
	back".
3A.4	*Does the entity intend to buy back a minimum	N/A
	number of +securities
	Answer this question if your response to Q 2.1 is "On-market buy-
	back".
3A.4a	*Minimum number of +securities intended to be	N/A
	bought back.
	Answer this question if your response to Q 2.1 is "On-market buy-
	back" and your response to Q 3A.4 is "Yes".
3A.5	*Does the entity intend to buy back a maximum	N/A
	number of securities?
	Answer this question if your response to Q 2.1 is "On-market buy-
	back"
3A.5a	*Maximum number of +securities proposed to be	N/A
	bought back
	Answer this question if your response to Q 2.1 is "On-market buy-
	back" and your response to Q 3A.5 is "Yes".

+ See chapter 19 for defined terms	Page 2
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For personal use only

This appendix is available as an online form	Appendix 3C
			Notification of buy-back
	3A.6	*Name of broker or brokers who will offer to buy back	N/A
		+securities on the entity's behalf
		Answer this question if your response to Q 2.1 is "On-market buy-
		back".
	3A.7	*Percentage of +securities the entity will offer to buy	N/A
		back
		Answer this question if your response to Q 2.1 is "Equal access
		scheme buy-back".
	3A.8	*Approximate total number of +securities that will be	N/A
		bought back if all buy-back offers are accepted
		(disregarding any rounding and restrictions on
		foreign participation)
		Answer this question if your response to Q 2.1 is "Equal access
		scheme buy-back".
	3A.9	*Are the +securities being bought back for a cash	Yes
		consideration?
		Note: if the securities are being bought back for nil cash
		consideration, answer this question "No".
	3A.9a	*Is the price to be paid for +securities bought back	Yes
		known?
		Answer this question if your response to Q 3A.9 is "Yes".
	3A.9a(i)	*In what currency will the buy-back consideration be	AUD - Australian Dollar
		paid?
		Answer this question if your response to Q 3A.9 is "Yes".
		Note: all prices below are to be expressed in this currency.
	3A.9a(ii)	*Buy-back price per +security	Shares to be bought back at
		Answer this question if your response to Q 3A.9 is "Yes" and your	between $0.273 and $0.9846
		response to Q3A.9a is "Yes".	per share, representing the
			market price and issue price of
			the shares (as applicable).
			Extinguishment of EIP loans
			totalling $1,574,117.37.
	3A.9a(iii)	*Capital component of buy-back price per +security	N/A
		Answer this question if your response to Q 2.1 is "Equal access
		scheme buy-back", your response to Q 3A.9 is "Yes" and your
		response to Q3A.9a is "Yes".
	3A.9a(iv)	*Dividend component of buy-back price per +security	N/A
		Answer this question if your response to Q 2.1 is "Equal access
		scheme buy-back", your response to Q 3A.9 is "Yes" and your
		response to Q3A.9a is "Yes".
	3A.9a(v)	*Indicative buy-back price per +security	N/A
		Answer this question if your response to Q2.1 is anything other
		than "On-marketbuy-back", your response to Q 3A.9 is "Yes" and
		your response to Q3A.9a is "No".
		Please lodge an update to this form when the final buy-back price
		is known.
	3A.9b	*Please describe the consideration being provided to	N/A
		buy back the +securities
		Answer this question if your response to Q3A.9 is "No".
	3A.10	*Do the buy-back terms allow for a scale-back?	N/A
		Answer this question if your response to Q 2.1 is "Equal access
		scheme buy-back".
	3A.10a	*Please summarise the scale-back terms	N/A
		Answer this question if your response to Q 2.1 is "Equal access
		scheme buy-back" and your answer to Q 3A.10 is "Yes".
+ See chapter 19 for defined terms	Page 3
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This appendix is available as an online form	Appendix 3C
	Notification of buy-back

use only

3A.11 *What will be done with fractional entitlements?

Answer this question if your response to Q 2.1 is "Equal access scheme buy-back".

3A.12 *Reason for buy-back

Answer this question if your response to Q 2.1 is "Other buy- back".

3A.13 Please provide a URL for where the buy-back offer document can be viewed online with offer acceptance codes

Answer this question if your response to Q 2.1 is "Equal access scheme buy-back"

• Fractions rounded up to the next whole number
• Fractions rounded down to the nearest whole number or fractions disregarded
• Fractions of 0.5 or more rounded up
• Fractions over 0.5 rounded up

• Not applicable N/A

N/A

For personal

Part 3B - Buy-back restrictions and conditions

	3B.1	*Does the buy-back require security holder	No
		approval?
		Disregard any security holder approval that has already been
		obtained.
	3B.1a	Type of security holder approval required	N/A
		Answer this question if your response to Q 3B.1 is "Yes".
	3B.1b	*Anticipated date of security holder meeting to	N/A
		approve the buy-back
		Answer this question if your response to Q 3B.1 is "Yes".
	3B.2	*Are there any restrictions on foreign participation in	N/A
		the buy-back
		Answer this question if your response to Q 2.1 is "Equal access
		scheme buy-back", "Selective buy-back" or "Other buy-back".
	3B.2a	*Please summarise the restrictions on foreign	N/A
		participation
		Answer this question if your response to Q 2.1 is "Equal access
		scheme buy-back", "Selective buy-back" or "Other buy-back" and
		your response to Q 3B.2 is "Yes".
	3B.2b	*For holdings in the name of a custodian or nominee,	N/A
		will the foreign participation restrictions be applied to
		the address of the custodian or nominee or the
		address of the beneficial holder?
		Answer this question if your response to Q 2.1 is "Equal access
		scheme buy-back", "Selective buy-back" or "Other buy-back" and
		your response to Q 3B.2 is "Yes".
	3B.3	*Are there any other conditions that need to be	No
		satisfied before the buy-back offer becomes
		unconditional
		Answer this question if your response to Q 2.1 is "Employee share
		scheme buy-back, "Equal access scheme buy-back", "Selective
		buy-back" or "Other buy-back"
+ See chapter 19 for defined terms	Page 4
5 June 2021