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

Announcement Summary

For personal use only

Entity name

FIRSTWAVE CLOUD TECHNOLOGY LIMITED

Date of this announcement

Monday March 07, 2022

The +securities the subject of this notification are:

+Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX

Total number of +securities to be issued/transferred

Total number of

ASX +security

+securities to be

code

Security description

issued/transferred

Issue date

FCTAZ

SERVICE RIGHTS

1,003,345

07/03/2022

FCTAAA

RESTRICTED RIGHTS

484,950

07/03/2022

Refer to next page for full details of the announcement

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

FIRSTWAVE CLOUD TECHNOLOGY 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

35144733595

1.3

ASX issuer code

FCT

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

7/3/2022

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

2.1 The +securities the subject of this notification are:

+Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX

For personal use only

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

has an existing ASX security code ("existing class")

Notification of Issue, Conversion or Payment up of Unquoted

3 / 7

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

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

only

ASX +security code and description

FCTAAA : RESTRICTED RIGHTS

Date the +securities the subject of this notification were issued

7/3/2022

use

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

+securities in that class

Yes

Were any of the +securities issued to +key management personnel (KMP) or an +associate?

Yes

personal

Provide details of the KMP or +associates being issued +securities.

Name of KMP

Name of registered holder

Number of +securities

484,950

Paul MacRae

Paul MacRae

Please provide a URL link for a document lodged with ASX detailing the terms of the +employee incentive scheme

or a summary of the terms

For details on the terms of the Company's Rights Plan, please refer to the Notice of EGM held on 29 July 2020.

URL:https://www.asx.com.au/asxpdf/20200630/pdf/44k2l1bdf8hmf0.pdf

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

Issue details

For

Number of +securities

484,950

Notification of Issue, Conversion or Payment up of Unquoted

4 / 7

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

ASX +security code and description

FCTAZ : SERVICE RIGHTS

Date the +securities the subject of this notification were issued 7/3/2022

only

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

+securities in that class

Yes

Were any of the +securities issued to +key management personnel (KMP) or an +associate?

Yes

use

Provide details of the KMP or +associates being issued +securities.

Name of KMP

Name of registered holder

Number of +securities

1,003,345

John Grant

John Grant

Please provide a URL link for a document lodged with ASX detailing the terms of the +employee incentive scheme

or a summary of the terms

personalFor

For details on the terms of the Company's Rights Plan, please refer to the Notice of EGM held on 29 July 2020.

URL:https://www.asx.com.au/asxpdf/20200630/pdf/44k2l1bdf8hmf0.pdf

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

Issue details

Number of +securities 1,003,345

Notification of Issue, Conversion or Payment up of Unquoted

5 / 7

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Firstwave Cloud Technology Ltd. published this content on 07 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 March 2022 08:48:07 UTC.