Application for quotation of +securities

Announcement Summary

For personal use only

Entity name

PAYGROUP LIMITED

Announcement Type

New announcement

Date of this announcement

Thursday December 02, 2021

The +securities to be quoted are:

Other

Total number of +securities to be quoted

ASX +security

Number of +securities to

code

Security description

be quoted

Issue date

PYG

ORDINARY FULLY PAID

3,198,458

02/12/2021

Refer to next page for full details of the announcement

Application for quotation of +securities

1 / 7

Application for quotation of +securities

Part 1 - Entity and announcement details

For personal use only

1.1 Name of entity

PAYGROUP LIMITED

We (the entity named above) apply for +quotation of the following +securities and agree to the matters set out in Appendix 2A of the ASX Listing Rules.

1.2

Registered number type

Registration number

ABN

90620435038

1.3

ASX issuer code

PYG

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

2/12/2021

Application for quotation of +securities

2 / 7

Application for quotation of +securities

Part 2 - Type of Issue

2.1 The +securities to be quoted are: Other

For personal use only

2.2 The +securities to be quoted are:

Additional +securities in a class that is already quoted on ASX ("existing class")

2.3c Have these +securities been offered under a +disclosure document or +PDS? No

2.3d Please provide any further information needed to understand the circumstances in which you are applying to have these +securities quoted on ASX, including why the issue of the +securities has not been previously announced to the market in an Appendix 3B

Securities issued as Second Tranche consideration for the acquisition of IWS, approved by shareholders at the General Meeting held on 13 May 2021

2.4 Any on-sale of the +securities to be quoted within 12 months of their date of issue will comply with the secondary sale provisions in sections 707(3) and 1012C(6) of the Corporations Act by virtue of:

The publication of a cleansing notice under section 708A(5), 708AA(2)(f), 1012DA(5) or 1012DAA(2)(f)

Application for quotation of +securities

3 / 7

Application for quotation of +securities

Part 3B - number and type of +securities to be quoted (existing class) where issue has not previously been notified to ASX in an Appendix 3B

only

Additional +securities to be quoted in an existing class

ASX +security code and description

PYG : ORDINARY FULLY PAID

Issue date

2/12/2021

use

Will the +securities to be quoted rank equally in all respects from their issue date with the

existing issued +securities in that class? Yes

Issue details

For personal

Number of +securities to be quoted

2,835,753

Are the +securities being issued for a cash consideration?

No

Please describe the consideration being provided for the +securities

Second tranche consideration for acquisition of IWS

Please provide an estimate (in AUD) of the value of the consideration being provided per +security for the +securities to be quoted

0.658000

Any other information the entity wishes to provide about the +securities to be quoted

The purpose(s) for which the entity is issuing the securities

To pay for the acquisition of an asset

Please provide additional details

Second tranche consideration for acquisition of IWS

Additional +securities to be quoted in an existing class

Application for quotation of +securities

4 / 7

only

Application for quotation of +securities

ASX +security code and description

PYG : ORDINARY FULLY PAID

Issue date 2/12/2021

Will the +securities to be quoted rank equally in all respects from their issue date with the existing issued +securities in that class?

Yes

Issue details

For personal use

Number of +securities to be quoted

362,705

Are the +securities being issued for a cash consideration?

No

Please describe the consideration being provided for the +securities

Issued to employees as bonus shares

Please provide an estimate (in AUD) of the value of the consideration being provided per +security for the +securities to be quoted

0.470900

Any other information the entity wishes to provide about the +securities to be quoted

The purpose(s) for which the entity is issuing the securities

Other

Please provide additional details

Issued to employees as bonus shares

Application for quotation of +securities

5 / 7

This is an excerpt of the original content. To continue reading it, access the original document here.

Attachments

  • Original Link
  • Original Document
  • Permalink

Disclaimer

PayGroup Limited published this content on 02 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 December 2021 07:00:01 UTC.