GWA : Appendix 3G - Notification of issue, conversion or payment up of equity securities

This appendix is not available as an online form

Please fill in and submit as a PDF announcement

+Rule 3.10.3A, 3.10.3B, 3.10.3C

Question

Question

Answer

no

1.1

*Name of entity

GWA Group Limited (GWA)

We (the entity here named) give notice of the issue,

conversion or payment up of the following unquoted

+securities.

1.2

*Registration type and number

ABN 15 055 964 380

Please supply your ABN, ARSN, ARBN, ACN or

another registration type and number (if you supply

another registration type, please specify both the type

of registration and the registration number).

1.3

*ASX issuer code

GWA

1.4

*This announcement is

☒ A new announcement

Tick whichever is applicable.

☐ An update/amendment to a previous

announcement

☐ A cancellation of a previous

announcement

1.4a

*Reason for update

Mandatory only if "Update" ticked in Q1.4 above. A

reason must be provided for an update.

1.4b

*Date of previous announcement to this

update

Mandatory only if "Update" ticked in Q1.4 above.

1.4c

*Reason for cancellation

Mandatory only if "Cancellation" ticked in Q1.4 above.

1.4d

*Date of previous announcement to this

cancellation

Mandatory only if "Cancellation" ticked in Q1.4 above.

1.5

*Date of this announcement

7 December 2020

+ See chapter 19 for defined terms

Page 1

31 January 2020

This appendix is not available as an online form

Appendix 3G

Please fill in and submit as a PDF announcement

Notification of issue, conversion or

payment up of equity +securities

Part 2 - Type of issue

Question

Question

Answer

No.

2.1

*The +securities the subject of this

☐ +Securities issued as a result of options

notification are:

being exercised or other +convertible

Select whichever item is applicable.

+securities being converted and that are

If you wish to notify ASX of different types of issues of

not to be quoted on ASX

securities, please complete a separate Appendix 3G

☐ Partly paid +securities that have been

for each type of issue.

fully paid up and that are not to be

quoted on ASX

☒ +Securities issued under an +employee

incentive scheme that are not being

immediately quoted on ASX

☐ Other [please specify]

If you have selected 'other' please provide the

circumstances of the issue here:

2.2a.1

Please state the number and type of

n/a

options that were exercised or other

+convertible securities that were converted

(including their ASX security code if

available)?

Answer this question if your response to Q2.1 is

"securities issued as a result of options being

exercised or other convertible securities being

converted and that are not to be quoted on ASX".

2.2a.2

And the date the options were exercised or

n/a

other +convertible securities were

converted:

Answer this question if your response to Q2.1 is

"securities issued as a result of options being

exercised or other convertible securities being

converted and that are not to be quoted on ASX".

Note: If this occurred over a range of dates, enter the

date the last of the options was exercised or

convertible securities was converted.

2.2b.1

Please state the number and type of partly

n/a

paid +securities that were fully paid up

(including their ASX security code if

available)?

Answer this question if your response to Q2.1 is

"partly paid securities that have been paid up and that

are not to be quoted on ASX".

2.2b.2

And the date the +securities were fully paid

n/a

up:

Answer this question if your response to Q2.1 is

"partly paid securities that have been paid up and that

are not to be quoted on ASX".

Note: If this occurred over a range of dates, enter the

date the last of the securities was fully paid up.

+ See chapter 19 for defined terms

Page 2

31 January 2020

This appendix is not available as an online form

Appendix 3G

Please fill in and submit as a PDF announcement

Notification of issue, conversion or

payment up of equity +securities

2.2c.1

Please state the number and type of

827,073 Performance Rights under the

+securities (including their ASX security

GWA Group Long Term Incentive Plan

code) issued under an +employee

incentive scheme that are not being

immediately quoted on ASX

Answer this question if your response to Q2.1 is

"securities issued under an employee incentive

scheme that are not being immediately quoted on

ASX".

2.2c.2

*Please attach a document or provide

Each Performance Right is a right to receive

details of a URL link for a document lodged

one fully paid ordinary share in GWA (ASX:

with ASX detailing the terms of the

GWA), subject to meeting performance

+employee incentive scheme or a

conditions and the terms of the GWA Group

summary of the terms.

Long Term Incentive Plan.

Answer this question if your response to Q2.1 is

The terms of the Performance Rights are

"securities issued under an employee incentive

the same as the terms that apply to the

scheme that are not being immediately quoted on

award of Performance Rights to the

ASX".

Managing Director and Executive Director

for FY21, which are summarised in the

Notice of Meeting for the 2020 Annual

General Meeting. A copy of the Notice of

Meeting can be found at

Notice of Meeting.pdf

2.2c.3

*Are any of these +securities being issued

Yes

to +key management personnel (KMP) or

an +associate

Answer this question if your response to Q2.1 is

"securities issued under an employee incentive

scheme that are not being immediately quoted on

ASX".

2.2c.3.a

*Provide details of the recipients and the number of +securities issued to each of them.

Answer this question if your response to Q2.1 is "securities issued under an employee incentive scheme that are

not being immediately quoted on ASX" and your response to Q2.2c.3 is "Yes". Repeat the detail in the table

below for each KMP involved in the issue. If the securities are being issued to the KMP, repeat the name of the

KMP or insert "Same" in "Name of registered holder". If the securities are being issued to an associate of a KMP,

insert the name of the associate in "Name of registered holder".

Name of KMP

Name of registered holder

Number of +securities

Tim Salt

Tim Salt

355,872

Richard Thornton

Richard Thornton

43,723

Patrick Gibson

Patrick Gibson

80,071

Cara Reil

Cara Reil

44,840

2.2d.1

*The purpose(s) for which the entity is

☐ To raise additional working capital

issuing the +securities is:

☐ To fund the retirement of debt

Answer this question if your response to Q2.1 is

☐ To pay for the acquisition of an asset

"Other".

You may select one or more of the items in the list.

[provide details below]

☐ To pay for services rendered

[provide details below]

☐ Other [provide details below]

Additional details:

+ See chapter 19 for defined terms

Page 3

31 January 2020