Delta SBD : 30-08-2016 DSB ASX Announcement - Section 708A Cleansing Notice and Appendix 3B

ASX Announcement 30 August 2016

ASX: DSB

Board of Directors

Chairman - G Dawkins

Chief Executive Officer - N McAlary Managing Director - S Bizzaca

Non-executive Director - G Garside

Company Secretary

M Etcell

Principal Contact

Chief Executive Officer - N McAlary

Registered office

Suite 220, Centric

4 Hyde Parade

Campbelltown NSW 2560

Telephone: +61 2 4629 0300

Facsimile: +61 2 4629 0399 Website: www.deltasbd.com.au

Section 708A Cleansing Notice

Delta SBD Ltd (ASX: DSB) (Delta of Company) hereby confirms that 6,075,000 Ordinary Shares at $0.125 cents per share (Placement Shares) were issued on 29 August 2016 without disclosure to investors under Part 6D.2 of the Corporations Act 2001 (Cth) (Act) and states that this notice is given to ASX Limited (ASX) under section 708A(5)(e) of the Act in compliance with the requirements of section 708A(6) of the Act.

The Company states that as at the date of this notice the Company:

1. has complied with the provisions of Chapter 2M of the Act as they apply to the Company;

2. has complied with the provisions of section 674 of the Act; and

3. is not aware of any excluded information for the purposes of section 708A(6)(e) of the Act, being information:

4. that has been excluded from a continuous disclosure notice in accordance with the Listing Rules of the ASX; and

5. that investors and their professional advisers would reasonably require for the purpose of making an informed assessment of:

6. the assets and liabilities, financial position and performance, profits and losses and prospects of the Company; or

7. the rights and liabilities attaching to the Placement Shares.

8. An Appendix 3B, requesting quotation of the Placement Shares accompanies this Cleansing Notice.

   The total number of securities quoted on the ASX after the transaction will be 54,768,393.

   Megan Etcell Company Secretary

Name of entity

Delta SBD Ltd

ABN

18 127 894 893

1

+Class of +securities issued or to be issued

Ordinary fully paid shares

2

Number of +securities issued or to be issued (if known) or maximum number which may be issued

6,075,000

3

Principal terms of the

+securities (e.g. if options, exercise price and expiry date; if partly paid +securities, the amount outstanding and due dates for payment; if

+convertible securities, the conversion price and dates for conversion)

Ordinary fully paid shares

4

Do the +securities rank equally in all respects from the +issue date with an existing +class of quoted +securities?

If the additional +securities do not rank equally, please state:

• the date from which they do

• the extent to which they participate for the next dividend, (in the case of a trust, distribution) or interest payment

• the extent to which they do not rank equally, other than in relation to the next dividend, distribution or interest payment

Yes

5

Issue price or consideration

$0.125 cents per share

6

Purpose of the issue

(If issued as consideration for the acquisition of assets, clearly identify those assets)

Shares issued to key institutional investor, The Collins Street Fund.

6a

Is the entity an +eligible entity that has obtained security holder approval under rule 7.1A?

If Yes, complete sections 6b - 6h in relation to the +securities the subject of this Appendix 3B, and comply with section 6i

No.

6b

The date the security holder resolution under rule 7.1A was passed

N/A - refer 6a above.

6c

Number of +securities issued without security holder approval under rule 7.1

N/A - refer 6a above.

6d

Number of +securities issued with security holder approval under rule 7.1A

N/A - refer 6a above.

6e

Number of +securities issued with security holder approval under rule 7.3, or another specific security holder approval (specify date of meeting)

N/A - refer 6a above.

6f

Number of +securities issued under an exception in rule 7.2

N/A - refer 6a above.

6g

If +securities issued under rule 7.1A, was issue price at least 75% of 15 day VWAP as calculated under rule 7.1A.3? Include the

+issue date and both values. Include the source of the VWAP calculation.

N/A - refer 6a above.

6h

If +securities were issued under rule 7.1A for non-cash consideration, state date on which valuation of

consideration was released to ASX Market Announcements

N/A - refer 6a above.

6i

Calculate the entity's remaining issue capacity under rule 7.1 and rule 7.1A - complete Annexure 1 and release to ASX Market Announcements

Refer Annexure 1

7

+Issue dates

Note: The issue date may be prescribed by ASX (refer to the definition of issue date in rule 19.12). For example, the issue date for a pro rata entitlement issue must comply with the applicable timetable in Appendix 7A.

Cross reference: item 33 of Appendix 3B.

29 August 2016

Number

+Class

8

Number and +class of all

+securities quoted on ASX (including the +securities in section 2 if applicable)

54,768,393

Fully paid ordinary shares