23 Nov

Proposed issue of securities - BCC

Proposed issue of securities Proposed issue of securities 1 / 6 Announcement Summary Entity name BEAM COMMUNICATIONS HOLDINGS LIMITED Announcement Type New announcement Date of this announcement 23/11/2021 The Proposed issue is: Total number of +securities proposed to be issued for a placement or other type of issue ASX +security code +Security description Maximum Number of +securities to be issued New class-code to be confirmed Unquoted options exercisable at $1.00 per option and expiring on 1 December 2023 500,000 Proposed +issue date 1/12/2021 Refer to next page for full details of the announcement A placement or other type of issue Proposed issue of securities Proposed issue of securities 2 / 6 Part 1 - Entity and announcement details 1.1 Name of +Entity BEAM COMMUNICATIONS HOLDINGS 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 ABN Registration Number 39010568804 1.3 ASX issuer code BCC 1.4 The announcement is 1.5 Date of this announcement 23/11/2021 1.6 The Proposed issue is: A placement or other type of issue New announcement Proposed issue of securities Proposed issue of securities 3 / 6 Part 7 - Details of proposed placement or other issue 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? Part 7B - Issue details Is the proposed 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)? Will the proposed issue of this +security include an offer of attaching +securities? Details of +securities proposed to be issued ISIN Code (if Issuer is a foreign company and +securities are non CDIs) Have you received confirmation from ASX that the terms of the proposed +securities are appropriate and equitable under listing rule 6.1? Will the entity be seeking quotation of the 'new' class of +securities on ASX? ASX +security code New class-code to be confirmed +Security description Unquoted options exercisable at $1.00 per option and expiring on 1 December 2023 +Security type Options Number of +securities proposed to be issued 500,000 Offer price details Are the +securities proposed to be issued being issued for a cash consideration? No No No No New class No Proposed issue of securities Proposed issue of securities 4 / 6 Please describe the consideration being provided for the +securities Options offered to lead manager/broker for arranging placement of ordinary shares in BCC Please provide an estimate of the AUD equivalent of the consideration being provided for the +securities Will all the +securities issued in this class rank equally in all respects from their issue date? Options details +Security currency AUD - Australian Dollar Exercise price AUD 1.0000 Expiry date 1/12/2023 Details of the type of +security that will be issued if the option is exercised BCC : ORDINARY FULLY PAID Number of securities that will be issued if the option is exercised 1 fully paid ordinary share (ASX:BCC) 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. Part 7C - Timetable 7C.1 Proposed +issue date 1/12/2021 Part 7D - Listing Rule requirements 7D.1 Has the entity obtained, or is it obtaining, +security holder approval for the entire issue under listing rule 7.1? 7D.1b Are any of the +securities proposed to be issued without +security holder approval using the entity's 15% placement capacity under listing rule 7.1? 7D.1b ( i ) How many +securities are proposed to be issued without security holder approval using the entity's 15% placement capacity under listing rule 7.1? Yes No Yes Proposed issue of securities Proposed issue of securities 5 / 6 placement capacity under listing rule 7.1? 500,000 7D.1c Are any of the +securities proposed to be issued without +security holder approval using the entity's additional 10% placement capacity under listing rule 7.1A (if applicable)? 7D.2 Is a party referred to in listing rule 10.11 participating in the proposed issue? 7D.3 Will any of the +securities to be issued be +restricted securities for the purposes of the listing rules? 7D.4 Will any of the +securities to be issued be subject to +voluntary escrow? Part 7E - Fees and expenses 7E.1 Will there be a lead manager or broker to the proposed issue? 7E.1a Who is the lead manager/broker? Peak Asset Management 7E.1b What fee, commission or other consideration is payable to them for acting as lead manager/broker? This issue is part of the fee payable being 500,000 options exercisable at $1.00 per option expiring on 1 December 2023 7E.2 Is the proposed issue to be underwritten? 7E.4 Details of any other material fees or costs to be incurred by the entity in connection with the proposed issue None Part 7F - Further Information 7F.01 The purpose(s) for which the entity is issuing the securities This issue is for options to the lead manager/broker for arranging the placement of ordinary shares in BCC 7F.1 Will the entity be changing its dividend/distribution policy if the proposed issue proceeds? 7F.2 Any other information the entity wishes to provide about the proposed issue None No No Yes No No No No Proposed issue of securities Proposed issue of securities 6 / 6
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