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

Announcement Summary

For personal use only

Entity name

PACIFIC AMERICAN HOLDINGS LIMITED

Date of this announcement

Monday June 06, 2022

The +securities the subject of this notification are:

Other

Total number of +securities to be issued/transferred

Total number of

ASX +security

+securities to be

code

Security description

issued/transferred

Issue date

New class - code

Unlisted options with an exercise price of $0.02

5,500,000

31/05/2022

to be confirmed

expiring 31 May 2027

Refer to next page for full details of the announcement

Notification of Issue, Conversion or Payment up of Unquoted

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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

PACIFIC AMERICAN HOLDINGS 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

83127131604

1.3

ASX issuer code

PAK

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

6/6/2022

Notification of Issue, Conversion or Payment up of Unquoted

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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

The issue of 5.5m unlisted options exercisable at $0.02 each expiring 31 May 2027 as approved at AGM

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

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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

Unlisted options with an exercise price of $0.02 expiring 31

May 2027

+Security type

ISIN code

use

Options

Date the +securities the subject of this notification were issued

31/5/2022

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.

www.pacificamerican.com.au

Options Details

+Security currency

Exercise price

Expiry date

AUD - Australian Dollar

AUD 0.02000000

31/5/2027

Details of the existing class of +security that will be issued upon exercise or conversion of this new class of

For

company option

Other

Description

PAK - Fully paid ordinary shares

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

The issue of options to Directors as approved by shareholders.

Notification of Issue, Conversion or Payment up of Unquoted

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

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 the market in an Appendix 3B

Issue of options to Directors so included in notice of AGM as it required shareholder approval.

Issue details

only

Number of +securities

5,500,000

Were the +securities issued for a cash consideration?

use

No

Please describe the consideration being provided for the +securities

The issue of options to Directors as approved by shareholders.

Purpose of the issue

Other

personalFor

Additional Details

The issue of options to Directors as approved by shareholders.

Notification of Issue, Conversion or Payment up of Unquoted

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Disclaimer

Pacific American Holdings Ltd. published this content on 06 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 06 June 2022 01:51:05 UTC.