Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

Announcement Summary

only

Entity name

GLOBAL OIL & GAS LIMITED

Date of this announcement

Tuesday May 31, 2022

The +securities the subject of this notification are:

Other

use

Total number of +securities to be issued/transferred

ASX +security

code

Security description

New class - code

Escrowed fully paid ordinary shares

to be confirmed

personalFor

Refer to next page for full details of the announcement

Total number of +securities to be

issued/transferred Issue date

187,500,000 30/05/2022

Notification of Issue, Conversion or Payment up of Unquoted

1 / 7

Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

Part 1 - Entity and announcement details

For personal use only

1.1 Name of entity

GLOBAL OIL & GAS LIMITED

We (the entity named above) give notice of the issue, conversion or payment up of the following unquoted +securities.

1.2

Registered number type

Registration number

ABN

80112893491

1.3

ASX issuer code

GLV

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

31/5/2022

Notification of Issue, Conversion or Payment up of Unquoted

2 / 7

Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

Part 2 - Issue details

For personal use only

2.1 The +securities the subject of this notification are: Other

Please specify

Conversion of Performance Rights into GLV shares that have an ASX imposed escrow until 22/11/2022.

2.2a This notification is given in relation to an issue of +securities in a class which is not quoted on ASX and which:

does not have an existing ASX security code ("new class")

Notification of Issue, Conversion or Payment up of Unquoted

3 / 7

Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

Part 3C - number and type of +securities the subject of this notification (new class) where issue has not previously been notified to ASX in an Appendix 3B

only

New +securities

ASX +security code

+Security description

New class - code to be confirmed

Escrowed fully paid ordinary shares

+Security type

ISIN code

Ordinary fully or partly paid shares/units

use

Date the +securities the subject of this notification were issued

30/5/2022

Will all the +securities issued in this class rank equally in all respects from their issue date?

personal

Yes

Have you received confirmation from ASX that the terms of the +securities are appropriate and equitable under

listing rule 6.1?

Yes

Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being

issued.

https://www.asx.com.au/asxpdf/20211007/pdf/451dwmpfxf6lzm.pdf

Ordinary fully or partly paid shares/units Details

+Security currency

AUD - Australian Dollar

Are there CDIs issued over the +securities?

For

No

Is it a Partly Paid class of +security?

No

Is it a stapled class of +security?

No

Any other information the entity wishes to provide about the +securities the subject of this notification

The shares will be escrowed until 22 November 2022

Please provide any further information needed to understand the circumstances in which you are notifying the issue of these +securities to ASX, including why the issue of the +securities has not been previously announced to

Notification of Issue, Conversion or Payment up of Unquoted

4 / 7

Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

the market in an Appendix 3B

The Performance Rights were the subject of the Appendix 3B issued 7 September 2021

Issue details

For personal use only

Number of +securities

187,500,000

Were the +securities issued for a cash consideration?

No

Please describe the consideration being provided for the +securities

Acquisition of 25% interest in Western Gas 519P Pty Ltd - Sasanof Project

Purpose of the issue

To pay for the acquisition of an asset

Additional Details

Name of company or asset being acquired

25% interest Western Gas 519P Pty Ltd - Sasanof Project

Notification of Issue, Conversion or Payment up of Unquoted

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

Global Oil & Gas Ltd. published this content on 30 May 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 May 2022 23:29:09 UTC.