Credit Clear : Cancel - Application for quotation of securities - CCR

For personal use only

Entity name

CREDIT CLEAR LIMITED

Announcement Type

Cancellation of previous announcement

Date of this announcement

Friday May 20, 2022

Reason for the cancellation

Securities issued under a new class of ordinary shares that are not to be quoted. Refer Appendix 3G lodged 20/05/22.

Refer to next page for full details of the announcement

For personal use only

1.1 Name of entity

CREDIT CLEAR LIMITED

We (the entity named above) apply for +quotation of the following +securities and agree to the matters set out in Appendix 2A of the ASX Listing Rules.

1.4 The announcement is

Cancellation of previous announcement

1.4c Reason for cancellation of previous announcement

Securities issued under a new class of ordinary shares that are not to be quoted. Refer Appendix 3G lodged 20/05/22.

1.4d Date of previous announcement to this cancellation

19/5/2022

1.5 Date of this announcement

20/5/2022

For personal use only

2.1 The +securities to be quoted are:

+Securities issued, transferred or re-classified as a result of options being exercised or other +convertible securities being converted

2.2 The +securities to be quoted are:

Additional +securities in a class that is already quoted on ASX ("existing class")

only

Existing +securities converting into additional +securities in an existing class

FROM (Existing Class)

ASX +security code and description

CCRAC : SHARE RIGHTS RESTRICTED

use

TO (Existing Class)

ASX +security code and description

CCR : ORDINARY FULLY PAID

Please state the number of options that were exercised or other +convertible securities that were converted

2,000,000

The first date the options were exercised or other +convertible securities were converted

19/5/2022

The last date the options were exercised or other +convertible securities were converted

19/5/2022

For personal

Is this all of the options or other +convertible securities on issue of that type (ie have all of those options now been exercised or have all of those convertible securities now been converted)?

Yes

The right of the holder of the options or other +convertible securities to receive the +underlying securities is being satisfied by:

An issue of new +securities

The underlying securities being received by the holder are:

Intended to be, but are not yet, quoted by ASX

Were the options being exercised or other +convertible securities being converted issued under an +employee incentive scheme?

No

Issue date

19/5/2022

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

Yes

For personal use only

Are the +securities being issued for a cash consideration?

Yes

In what currency is the cash consideration being paid? What is the issue price per +security?

Any other information the entity wishes to provide about the +securities to be quoted

Conversion of Share Rights that entitled the holder to exercise for nil cash consideration. The closing share price on the date of issue is $0.46.