Application for quotation of +securities

Announcement Summary

For personal use only

Entity name

PAYGROUP LIMITED

Announcement Type

New announcement

Date of this announcement

Thursday March 10, 2022

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

121,096

10/03/2022

Refer to next page for full details of the announcement

Application for quotation of +securities

1 / 6

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

10/3/2022

Application for quotation of +securities

2 / 6

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 part consideration for acquisition of business

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:

Not applicable - the entity has arrangements in place with the holder that ensure the securities cannot be on-sold within 12 months in a manner that would breach section 707(3) or 1012C(6)

Application for quotation of +securities

3 / 6

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

10/3/2022

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

121,096

Are the +securities being issued for a cash consideration?

No

Please describe the consideration being provided for the +securities

Issued as part consideration for the acquisition of a business

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

0.549000

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

Securities are subject to voluntary escrow of 12 months from date of issue

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

To pay for the acquisition of an asset

Please provide additional details

Issued as part consideration for acquisition of a business

Application for quotation of +securities

4 / 6

Application for quotation of +securities

Part 4 - Issued capital following quotation

For personal use only

Following the quotation of the +securities the subject of this application, the issued capital of the entity will comprise:

(A discrepancy in these figures compared to your own may be due to a matter of timing if there is more than one application for quotation/issuance currently with ASX for processing.)

4.1 Quoted +securities (total number of each +class of +securities quoted on ASX following the +quotation of the +securities subject of this application)

Total number of

ASX +security code and description

+securities on issue

PYG : ORDINARY FULLY PAID

118,327,272

4.2 Unquoted +securities (total number of each +class of +securities issued but not quoted on ASX)

Total number of

ASX +security code and description

+securities on issue

PYGAA : OPTION EXPIRING 14-JUL-2023 EX $1.10

1,205,645

PYGAB : OPTION EXPIRING 14-JUL-2023 EX $1.20

1,205,645

Application for quotation of +securities

5 / 6

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 10 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 March 2022 07:52:01 UTC.