Wellfully : Proposed issue of securities - WFL

Proposed issue of securities

Announcement Summary

For personal use only

Entity name

WELLFULLY LIMITED

Announcement Type

New announcement

Date of this announcement 30/12/2021

The Proposed issue is:

A placement or other type of issue
Total number of +securities proposed to be issued for a placement or other type of issue
		Maximum Number of
ASX +security code	+Security description	+securities to be issued
WFLO	OPTION EXPIRING 31-MAR-2023	4,000,000
WFL	ORDINARY FULLY PAID	1,518,410

Proposed +issue date

29/12/2021

Refer to next page for full details of the announcement

Proposed issue of securities

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Proposed issue of securities

Part 1 - Entity and announcement details

For personal use only

1.1 Name of +Entity

WELLFULLY 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	Registration Number
ABN	72056482636
1.3	ASX issuer code
WFL

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

30/12/2021

1.6 The Proposed issue is:

A placement or other type of issue

Proposed issue of securities

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Proposed issue of securities

Part 7 - Details of proposed placement or other issue

only
	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?
use	No
	Part 7B - Issue details
		Is the proposed security a 'New	Will the proposed issue of this
		class' (+securities in a class that is	+security include an offer of
		not yet quoted or recorded by ASX)	attaching +securities?
personal	or an 'Existing class' (additional	No
securities in a class that is already
consideration?
		quoted or recorded by ASX)?
		Existing class
	Details of +securities proposed to be issued
		ASX +security code and description
		WFL : ORDINARY FULLY PAID
		Number of +securities proposed to be issued
		1,068,160
		Offer price details
		Are the +securities proposed to be issued being issued for a cash
For	No

Please describe the consideration being provided for the +securities

Issue of fully paid ordinary shares as part of the salary package to the Company's CEO.

Please provide an estimate of the AUD equivalent of the consideration being provided for the +securities 75,839.000000

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

Yes

Proposed issue of securities

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Proposed issue of securities

	Is the proposed security a 'New	Will the proposed issue of this
	class' (+securities in a class that is	+security include an offer of
only	not yet quoted or recorded by ASX)	attaching +securities?
or an 'Existing class' (additional	No
securities in a class that is already
	quoted or recorded by ASX)?
	Existing class
Details of +securities proposed to be issued
use	ASX +security code and description
WFL : ORDINARY FULLY PAID
Number of +securities proposed to be issued
	450,250
	Offer price details
personal	Are the +securities proposed to be issued being issued for a cash
consideration?
No

Please describe the consideration being provided for the +securities

Issue of fully paid ordinary shares to in lieu of cash for marketing services provided to the Company.

Please provide an estimate of the AUD equivalent of the consideration being provided for the +securities 27,916.000000

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

Yes

For

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)?

Existing class

Will the proposed issue of this +security include an offer of attaching +securities?

No

Details of +securities proposed to be issued

ASX +security code and description

WFLO : OPTION EXPIRING 31-MAR-2023

Proposed issue of securities

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Proposed issue of securities

Number of +securities proposed to be issued 2,000,000

		Offer price details
only	Are the +securities proposed to be issued being issued for a cash
consideration?
		Yes
		In what currency is the cash	What is the issue price per
		consideration being paid?	+security?
		AUD - Australian Dollar	AUD 0.00010
use	Will these +securities rank equally in all respects from their issue date with
the existing issued +securities in that class?
		Yes
personal	Is the proposed security a 'New	Will the proposed issue of this
class' (+securities in a class that is	+security include an offer of
		not yet quoted or recorded by ASX)	attaching +securities?
		or an 'Existing class' (additional	No
		securities in a class that is already
		quoted or recorded by ASX)?
		Existing class
	Details of +securities proposed to be issued
		ASX +security code and description
		WFLO : OPTION EXPIRING 31-MAR-2023
		Number of +securities proposed to be issued
		2,000,000
For	Offer price details
Are the +securities proposed to be issued being issued for a cash
		consideration?
		No
		Please describe the consideration being provided for the +securities
		Issued under a marketing service agreement
		Please provide an estimate of the AUD equivalent of the consideration being provided for the +securities
		32,000.000000
		Will these +securities rank equally in all respects from their issue date with
	Proposed issue of securities	5 / 7