Share Name Share Symbol Market Type Share ISIN Share Description
Danakali Limited LSE:DNK London Ordinary Share AU000000DNK9 ORDS NPV
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 31.50 30.00 33.00 31.50 31.50 31.50 7,000 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 0.1 -5.4 -2.1 - 100

Danakali Limited Issue of Shares

16/01/2020 7:00am

UK Regulatory (RNS & others)


TIDMDNK

RNS Number : 8552Z

Danakali Limited

16 January 2020

 
 Announcement   Thursday, 16 January 2020 
=============  ========================== 
 

Issue of shares

Danakali Limited (ASX: DNK / LSE: DNK) (Danakali, or the Company) confirms that it has issued 75,000 new fully paid shares to employees, constituting PDMRs, as detailed below, on the vesting of performance rights. In addition, a total of 15,000 performance rights have lapsed.

A completed Appendix 2A has been lodged together with this announcement.

Secondary Trading Exemption - s708A Notice

Danakali gives notice under section 708A(5)(e) of the Corporations Act 2001 (Cth) (Act) of the following:

   --   The shares were issued without disclosure under Part 6D 2 of the Act; 
   --   This notice is being given under section 708A(5)(e) of the Act; 
   --   As at the date of this notice, the Company has complied with: 

_ The provisions of Chapter 2M of the Act as they apply to the Company; and

_ Section 674 of the Act; and

   --   As at the date of this notice, there is no information: 

_ That has been excluded from a continuous disclosure notice in accordance with the ASX Listing Rules; and

_ That investors and their professional advisers would reasonably require for the purpose of making an informed assessment of:

o The assets and liabilities, financial position and performance, profits and losses and prospects of the Company; or

o The rights and liabilities attaching to the shares.

Total voting rights

The Company advises that it has, conditional on admission, allotted and issued 75,000 new fully paid ordinary shares of no par value in the Company (Ordinary Shares).

Application has been made to the UK Listing Authority for the admission of those 75,000 new Ordinary Shares to the Official List of the UK Listing Authority and to trading on the London Stock Exchange's Main Market for listed securities and it is expected that dealings will commence on 20 January 2020. The new Ordinary Shares will rank pari passu in all respects with the existing Ordinary Shares in issue.

Following admission, the Company will have in issue a total of 318,621,306 Ordinary Shares. The Company does not hold any Ordinary Shares in treasury.

Therefore, the total number of voting rights in the Company is 318,621,306 which may be used by shareholders or other persons as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.

Notification of PDMR and PCA transactions

The Company has received notification from persons discharging managerial responsibilities (PDMR) and persons closely associated with them (PCA) with respect to 75,000 fully paid ordinary shares issued by the Company on the vesting of performance rights.

The relevant notifications set out below are provided in accordance with the requirements of Article 19 of the EU Market Abuse Regulation.

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                        Stuart Tarrant 
     --------------------------  ---------------------------------------------- 
 2    Reason for the notification 
     -------------------------------------------------------------------------- 
 a)   Position/status             PDMR (Chief Financial Officer) 
     --------------------------  ---------------------------------------------- 
 b)   Initial notification        Initial notification 
       /Amendment 
     --------------------------  ---------------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     -------------------------------------------------------------------------- 
 a)   Name                        Danakali Limited 
     --------------------------  ---------------------------------------------- 
 b)   LEI                         5493004SQ5E5Q6VRT472 
     --------------------------  ---------------------------------------------- 
 4    Details of the transaction(s): section to be repeated for (i) 
       each type of instrument; (ii) each type of transaction; (iii) 
       each date; and (iv) each place where transactions have been 
       conducted 
     -------------------------------------------------------------------------- 
 a)   Description of the          Fully paid ordinary shares 
       financial instrument, 
       type of instrument 
 
      Identification code         AU000000DNK9 
 
 b)   Nature of the transaction   Award of shares on the vesting of performance 
                                   rights 
     --------------------------  ---------------------------------------------- 
 c)   Price(s) and volume(s)       Price(s)    Volume(s) 
                                    Nil         25,000 
                                               ---------- 
     --------------------------  ---------------------------------------------- 
 d)   Aggregated information 
        *    Aggregated volume      N/A 
 
 
        *    Price 
 
 
        *    Total 
     --------------------------  ---------------------------------------------- 
 e)   Date of the transaction     13 January 2020 
     --------------------------  ---------------------------------------------- 
 f)   Place of the transaction    Outside a trading venue 
     --------------------------  ---------------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                        William Sandover 
     --------------------------  ----------------------------------------------- 
 2    Reason for the notification 
     --------------------------------------------------------------------------- 
 a)   Position/status             PDMR (Head of Corporate Development & External 
                                   Affairs) 
     --------------------------  ----------------------------------------------- 
 b)   Initial notification        Initial notification 
       /Amendment 
     --------------------------  ----------------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     --------------------------------------------------------------------------- 
 a)   Name                        Danakali Limited 
     --------------------------  ----------------------------------------------- 
 b)   LEI                         5493004SQ5E5Q6VRT472 
     --------------------------  ----------------------------------------------- 
 4    Details of the transaction(s): section to be repeated for (i) 
       each type of instrument; (ii) each type of transaction; (iii) 
       each date; and (iv) each place where transactions have been 
       conducted 
     --------------------------------------------------------------------------- 
 a)   Description of the          Fully paid ordinary shares 
       financial instrument, 
       type of instrument 
 
      Identification code         AU000000DNK9 
 
 b)   Nature of the transaction   Award of shares on the vesting of performance 
                                   rights 
     --------------------------  ----------------------------------------------- 
 c)   Price(s) and volume(s)       Price(s)    Volume(s) 
                                    Nil         50,000 
                                               ---------- 
     --------------------------  ----------------------------------------------- 
 d)   Aggregated information 
        *    Aggregated volume      N/A 
 
 
        *    Price 
 
 
        *    Total 
     --------------------------  ----------------------------------------------- 
 e)   Date of the transaction     13 January 2020 
     --------------------------  ----------------------------------------------- 
 f)   Place of the transaction    Outside a trading venue 
     --------------------------  ----------------------------------------------- 
 

For more information, please contact:

 
Danakali 
Niels Wage                            William Sandover 
 Chief Executive Officer               Head of Corporate Development & 
 +61 8 6189 8635                       External Affairs 
                                       +61 499 776 998 
 Corporate Broker - Numis Securities   UK IR/PR - Instinctif Partners 
John Prior / James Black / Paul       Mark Garraway / Sarah Hourahane 
 Gillam                                / Dinara Shikhametova 
 +44 (0)20 7260 1000                   danakali@instinctif.com 
                                       +44 (0)207 457 2020 
 

Announcement authorised for release by the Company Secretary of Danakali.

Appendix 2A

Application for quotation of +securities

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX's property and may be made public.

If you are an entity incorporated outside Australia and you are seeking quotation of a new class of +securities other than CDIs, you will need to obtain and provide an International Securities Identification Number (ISIN) for that class. Further information on the requirement for the notification of an ISIN is available from the Create Online Forms page. ASX is unable to create the new ISIN for non-Australian issuers.

*Denotes minimum information required for first lodgement of this form, with exceptions provided in specific notes for certain questions. The balance of the information, where applicable, must be provided as soon as reasonably practicable by the entity.

Part 1 - Entity and announcement details

 
 Question   Question                                Answer 
  no 
 1.1        *Name of entity                         Danakali Limited 
             We (the entity here named) 
             apply for +quotation of the 
             following +securities and 
             agree to the matters set 
             out in Appendix 2A of the 
             ASX Listing Rules.(1) 
           --------------------------------------  ------------------------------ 
 1.2        *Registration type and number           ACN 097 904 302 
             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                        DNK 
           --------------------------------------  ------------------------------ 
 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              16 January 2020 
           --------------------------------------  ------------------------------ 
 

Part 2 - Type of issue

 
 Question   Question                                    Answer 
  No. 
 2.1        *The +securities to be quoted               Being issued as part of 
             are:                                        a transaction or transactions 
             Select whichever item is applicable.        previously announced to the 
             If you wish to apply for quotation          market in an Appendix 3B 
             of different types of issues                Being issued under a +dividend 
             of securities, please complete              or distribution plan 
             a separate Appendix 2A for                  Being issued as a result 
             each type of issue.                         of options being exercised 
                                                         or other +convertible securities 
                                                         being converted 
                                                         Unquoted partly paid +securities 
                                                         that have been paid up and 
                                                         are now quoted fully paid 
                                                         +securities 
                                                         Restricted securities where 
                                                         the escrow period has expired 
                                                         or is about to expire 
                                                         +Securities previously issued 
                                                         under an +employee incentive 
                                                         scheme where the restrictions 
                                                         on transfer have ceased or 
                                                         are about to cease 
                                                         +Securities issued under 
                                                         an +employee incentive scheme 
                                                         that are not subject to a 
                                                         restriction on transfer or 
                                                         that are to be quoted notwithstanding 
                                                         there is a restriction on 
                                                         transfer 
                                                         Other 
           ------------------------------------------  --------------------------------------- 
 2.2a.1     *Date of Appendix 3B notifying 
             the market of the proposed 
             issue of securities for which 
             quotation is now being sought 
             Answer this question if your 
             response to Q2.1 is "Being 
             issued as part of a transaction 
             or transactions previously 
             announced to the market in 
             an Appendix 3B" 
           ------------------------------------------  --------------------------------------- 
 2.2a.2     *Are there any further issues 
             of +securities yet to take 
             place to complete the transaction(s) 
             referred to in the Appendix 
             3B? 
             Answer this question if your 
             response to Q2.1 is "Being 
             issued as part of a transaction 
             or transactions previously 
             announced to the market in 
             an Appendix 3B". 
           ------------------------------------------  --------------------------------------- 
 2.2a.2.1   *Please provide details of 
             the further issues of +securities 
             yet to take place to complete 
             the transaction(s) referred 
             to in the Appendix 3B 
             Answer this question if your 
             response to Q2.1 is "Being 
             issued as part of a transaction 
             or transactions previously 
             announced to the market in 
             an Appendix 3B" and your response 
             to Q2.2a.2 is "Yes". 
             Please provide details of 
             the proposed dates and number 
             of securities for the further 
             issues. This may be the case, 
             for example, if the Appendix 
             3B related to an accelerated 
             pro rata offer with an institutional 
             component being quoted on 
             one date and a retail component 
             being quoted on a later date. 
           ------------------------------------------  --------------------------------------- 
 2.2b.1     *Date of Appendix 3A.1 lodged 
             with ASX in relation to the 
             underlying +dividend or distribution 
             Answer this question if your 
             response to Q2.1 is "Being 
             issued under a dividend or 
             distribution plan". 
           ------------------------------------------  --------------------------------------- 
 2.2b.2     *Does the +dividend or distribution 
             plan meet the requirement 
             of listing rule 7.2 exception 
             4 that it does not impose 
             a limit on participation? 
             Answer this question if your 
             response to Q2.1 is "Being 
             issued under a dividend or 
             distribution plan". 
             Note: Exception 4 only applies 
             where security holders are 
             able to elect to receive all 
             of their dividend or distribution 
             as securities. For example, 
             Exception 4 would not apply 
             in the following circumstances: 
             1) The entity has specified 
             a dollar limit on the level 
             of participation e.g. security 
             holders can only participate 
             to a maximum value of $x in 
             respect of their entitlement. 
             2) The entity has specified 
             a maximum number of securities 
             that can participate in the 
             plan e.g. security holders 
             can only receive securities 
             in lieu of dividend payable 
             for x number of securities. 
           ------------------------------------------  --------------------------------------- 
 2.2c.1     Please state the number and                      (a) 25,000 Class 6 Performance 
             type of options that were                        Rights; and 
             exercised or other +convertible                  (b) 50,000 Class 8 Performance 
             securities that were converted                   Rights 
             (including their ASX security 
             code) 
             Answer this question if your 
             response to Q2.1 is "Being 
             issued as a result of options 
             being exercised or other convertible 
             securities being converted". 
           ------------------------------------------  --------------------------------------- 
 2.2c.2     And the date the options were               13 January 2020 
             exercised or other +convertible 
             securities were converted 
             Answer this question if your 
             response to Q2.1 is "Being 
             issued as a result of options 
             being exercised or other convertible 
             securities being converted". 
             Note: If this occurred over 
             a range of dates, enter the 
             date the last of the options 
             was exercised or convertible 
             securities was converted. 
           ------------------------------------------  --------------------------------------- 
 2.2d.1     Please state the number and 
             type of partly paid +securities 
             (including their ASX security 
             code) that were fully paid 
             up 
             Answer this question if your 
             response to Q2.1 is "Unquoted 
             partly paid securities that 
             have been paid up and are 
             now quoted fully paid securities". 
           ------------------------------------------  --------------------------------------- 
 2.2d.2     And the date the +securities 
             were fully paid up 
             Answer this question if your 
             response to Q2.1 is "Unquoted 
             partly paid securities that 
             have been paid up and are 
             now quoted fully paid securities". 
             Note: If this occurred over 
             a range of dates, enter the 
             date the last of the securities 
             was fully paid up. 
           ------------------------------------------  --------------------------------------- 
 2.2e.1     Please state the number and 
             type of +restricted securities 
             (including their ASX security 
             code) where the escrow period 
             has expired or is about to 
             expire 
             Answer this question if your 
             response to Q2.1 is "Restricted 
             securities where the escrow 
             period has expired or is about 
             to expire". 
           ------------------------------------------  --------------------------------------- 
 2.2e.2     And the date the escrow restrictions 
             have ceased or will cease 
             Answer this question if your 
             response to Q2.1 is "Restricted 
             securities where the escrow 
             period has expired or is about 
             to expire". 
             Note: If this occurred over 
             a range of dates, enter the 
             date the last of the escrow 
             restrictions has ceased or 
             will cease. 
           ------------------------------------------  --------------------------------------- 
 2.2f.1     Please state the number and 
             type of +securities (including 
             their ASX security code) previously 
             issued under the +employee 
             incentive scheme where the 
             restrictions on transfer have 
             ceased or are about to cease 
             Answer this question if your 
             response to Q2.1 is "Securities 
             previously issued under an 
             employee incentive scheme 
             where the restrictions on 
             transfer have ceased or are 
             about to cease". 
           ------------------------------------------  --------------------------------------- 
 2.2f.2     And the date the restrictions 
             on transfer have ceased or 
             will cease: 
             Answer this question if your 
             response to Q2.1 is "Securities 
             previously issued under an 
             employee incentive scheme 
             where the restrictions on 
             transfer have ceased or are 
             about to cease". 
             Note: If this occurred over 
             a range of dates, enter the 
             date the last of the restrictions 
             on transfer has ceased or 
             will cease. 
           ------------------------------------------  --------------------------------------- 
 2.2g.1     Please state the number and 
             type of +securities (including 
             their ASX security code) issued 
             under an +employee incentive 
             scheme that are not subject 
             to a restriction on transfer 
             or that are to be quoted notwithstanding 
             there is a restriction on 
             transfer 
             Answer this question if your 
             response to Q2.1 is "Securities 
             issued under an employee incentive 
             scheme that are not subject 
             to a restriction on transfer 
             or that are to be quoted notwithstanding 
             there is a restriction on 
             transfer". 
           ------------------------------------------  --------------------------------------- 
 2.2g.2     *Please attach a document 
             or provide details of a URL 
             link for a document lodged 
             with ASX detailing the terms 
             of the +employee incentive 
             scheme or a summary of the 
             terms. 
             Answer this question if your 
             response to Q2.1 is "Securities 
             issued under an employee incentive 
             scheme that are not subject 
             to a restriction on transfer 
             or that are to be quoted notwithstanding 
             there is a restriction on 
             transfer". 
           ------------------------------------------  --------------------------------------- 
 2.2g.3     *Are any of these +securities 
             being issued 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 subject 
             to a restriction on transfer 
             or that are to be quoted notwithstanding 
             there is a restriction on 
             transfer". 
           ------------------------------------------  --------------------------------------- 
 2.2g.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 
             subject to a restriction on transfer or that are to be 
             quoted notwithstanding there is a restriction on transfer" 
             and your response to Q2.2g.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   Number of +securities 
                             holder 
           ----------------------------------------------------------------------------------- 
 2.2h.1     *The purpose(s) for which                   to raise additional working 
             the entity is issuing the                   capital 
             securities is:                              to fund the retirement of 
             Answer this question if your                debt 
             response to Q2.1 is "Other".                to pay for the acquisition 
             You may select one or more                  of an asset [provide details 
             of the items in the list.                   below] 
                                                         to pay for services rendered 
                                                         [provide details below] 
                                                         other [provide details below] 
                                                         Additional details: 
           ------------------------------------------  --------------------------------------- 
 2.2h.2     *Please provide any further 
             information needed to understand 
             the circumstances in which 
             you are applying to have these 
             +securities quoted on ASX, 
             including why the issue of 
             the +securities has not been 
             previously announced to the 
             market in an Appendix 3B 
             Answer this question if your 
             response to Q2.1 is "Other". 
           ------------------------------------------  --------------------------------------- 
 2.2i       *Are these +securities being 
             offered under a +disclosure 
             document or +PDS? 
             Answer this question if your 
             response to Q2.1 is any option 
             other than "Being issued as 
             part of a transaction or transactions 
             previously announced to the 
             market in an Appendix 3B". 
           ------------------------------------------  --------------------------------------- 
 2.2i.1     *Date of +disclosure document 
             or +PDS? 
             Answer this question if your 
             response to Q2.1 is any option 
             other than "Being issued as 
             part of a transaction or transactions 
             previously announced to the 
             market in an Appendix 3B" 
             and your response to Q2.2i 
             is "Yes". 
             Under the Corporations Act, 
             the entity must apply for 
             quotation of the securities 
             within 7 days of the date 
             of the disclosure document 
             or PDS. 
           ------------------------------------------  --------------------------------------- 
 2.3        *The +securities to be quoted               Additional +securities in 
             are:                                        a class that is already quoted 
             Tick whichever is applicable                on ASX ("existing class") 
                                                         New +securities in a class 
                                                         that is not yet quoted on 
                                                         ASX ("new class") 
           ------------------------------------------  --------------------------------------- 
 

Part 3A - number and type of +securities to be quoted (existing class or new class) where issue has previously been notified to ASX in an Appendix 3B

Answer the questions in this Part if your response to Q2.1 is "Being issued as part of a transaction or transactions previously announced to the market in an Appendix 3B" and your response to Q2.3 is "existing class" or "new class".

 
 Question   Question                            Answer 
  No. 
 3A.1       *ASX +security code & description 
           ----------------------------------  ------- 
 3A.2       *Number of +securities to 
             be quoted 
           ----------------------------------  ------- 
 

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

Answer the questions in this Part if your response to Q2.1 is anything other than "Being issued as part of a transaction or transactions previously announced to the market in an Appendix 3B" and your response to Q2.3 is "existing class".

 
 Question   Question                                                   Answer 
  No. 
 3B.1       *ASX +security code & description                          DNK Ordinary Shares 
           ---------------------------------------------------------  -------------------- 
            *Number of +securities to 
 3B.2        be quoted                                                 75,000 
           ---------------------------------------------------------  -------------------- 
 3B.3a      *Will the +securities to be                                Yes 
             quoted rank equally in all 
             respects from their issue 
             date with the existing issued 
             +securities in that class? 
           ---------------------------------------------------------  -------------------- 
 3B.3b      *Is the actual date from which                             N/A 
             the +securities will rank 
             equally (non-ranking end date) 
             known? 
             Answer this question if your 
             response to Q3B.3a is "No". 
           ---------------------------------------------------------  -------------------- 
 3B.3c      *Provide the actual non-ranking                            N/A 
             end date 
             Answer this question if your 
             response to Q3B.3a is "No" 
             and your response to Q3B.3b 
             is "Yes". 
           ---------------------------------------------------------  -------------------- 
 3B.3d      *Provide the estimated non-ranking                         N/A 
             end period 
             Answer this question if your 
             response to Q3B.3a is "No" 
             and your response to Q3B.3b 
             is "No". 
           ---------------------------------------------------------  -------------------- 
 3B.3e      *Please state the extent to                                N/A 
             which the +securities do not 
             rank equally: 
              *    in relation to the next dividend, distribution or 
                   interest payment; or 
 
 
              *    for any other reason 
 
 
             Answer this question if your 
             response to Q3B.3a is "No". 
             For example, the securities 
             may not rank at all, or on 
             a pro rata basis for the next 
             dividend, distribution or 
             interest payment; or the securities 
             may not rank at all or on 
             a pro rata basis or be entitled 
             to participate in some other 
             event, such as an entitlement 
             issue. 
           ---------------------------------------------------------  -------------------- 
 

Part 3C - number and type of +securities to be quoted (new class) where issue has not previously been notified to ASX in an Appendix 3B

Answer the questions in this Part if your response to Q2.1 is anything other than "Being issued as part of a transaction or transactions previously announced to the market in an Appendix 3B" and your response to Q2.3 is "new class".

 
 Question   Question                                                        Answer 
  No. 
 3C.1       *Security description 
           --------------------------------------------------------------  ------------------------------------ 
 3C.2       *Security type                                                  Ordinary fully or partly 
             Select one item from the list                                   paid shares/units 
             Please select the most appropriate                              Options 
             security type from the list.                                    +Convertible debt securities 
             This will determine more detailed                               Non-convertible +debt securities 
             questions to be asked about                                     Redeemable preference shares/units 
             the security later in this                                      Other 
             section. Select "ordinary 
             fully or partly paid shares/units" 
             for stapled securities or 
             CDIs. For interest rate securities, 
             please select the appropriate 
             choice from either "Convertible 
             debt securities" or "Non-convertible 
             debt securities". Select "Other" 
             for performance shares/units 
             and performance options/rights 
             or if the selections available 
             in the list do not appropriately 
             describe the security being 
             issued. 
           --------------------------------------------------------------  ------------------------------------ 
 3C.3       ISIN code 
             Answer this question if you 
             are an entity incorporated 
             outside Australia and you 
             are seeking quotation of a 
             new class of securities other 
             than CDIs. See also the note 
             at the top of this form. 
           --------------------------------------------------------------  ------------------------------------ 
 3C.4       *Number of +securities to 
             be quoted 
           --------------------------------------------------------------  ------------------------------------ 
 3C.5a      *Will all the +securities 
             issued in this class rank 
             equally in all respects from 
             the issue date? 
           --------------------------------------------------------------  ------------------------------------ 
 3C.5b      *Is the actual date from which 
             the +securities will rank 
             equally (non-ranking end date) 
             known? 
             Answer this question if your 
             response to Q3C.5a is "No". 
           --------------------------------------------------------------  ------------------------------------ 
 3C.5c      *Provide the actual non-ranking 
             end date 
             Answer this question if your 
             response to Q3C.5a is "No" 
             and your response to Q3C.5b 
             is "Yes". 
           --------------------------------------------------------------  ------------------------------------ 
 3C.5d      *Provide the estimated non-ranking 
             end period 
             Answer this question if your 
             response to Q3C.5a is "No" 
             and your response to Q3C.5b 
             is "No". 
           --------------------------------------------------------------  ------------------------------------ 
 3C.5e      *Please state the extent to 
             which the +securities do not 
             rank equally: 
              *    in relation to the next dividend, distribution or 
                   interest payment; or 
 
 
              *    for any other reason 
 
 
             Answer this question if your 
             response to Q3C.5a is "No". 
             For example, the securities 
             may not rank at all, or on 
             a pro rata basis for the next 
             dividend, distribution or 
             interest payment; or the +securities 
             may not rank at all or on 
             a pro rata basis or be entitled 
             to participate in some other 
             event, such as an entitlement 
             issue. 
           --------------------------------------------------------------  ------------------------------------ 
 3C.6       Please attach a document or 
             provide a URL link for a document 
             lodged with ASX setting out 
             the material terms of the 
             +securities to be quoted 
             You may cross-reference a 
             disclosure document, PDS, 
             information memorandum, investor 
             presentation or other announcement 
             with this information provided 
             it has been released to the 
             ASX Market Announcements Platform. 
           --------------------------------------------------------------  ------------------------------------ 
 3C.7       *Have you received confirmation 
             from ASX that the terms of 
             the +securities are appropriate 
             and equitable under listing 
             rule 6.1? 
             Answer this question only 
             if you are an ASX Listing. 
             (ASX Foreign Exempt Listings 
             and ASX Debt Listings do not 
             have to answer this question). 
             If your response is "No" and 
             the securities have any unusual 
             terms, you should approach 
             ASX as soon as possible for 
             confirmation under listing 
             rule 6.1 that the terms are 
             appropriate and equitable. 
           --------------------------------------------------------------  ------------------------------------ 
 3C.8       *Provide a distribution schedule for the new +securities 
             according to the categories set out in the left hand 
             column - including the number of recipients and the total 
             percentage of the new +securities held by the recipients 
             in each category. Number of +securities   Number of holders   Total percentage 
               held                                        of +securities held 
              1 - 1,000 
                                     ------------------  --------------------- 
              1,001 - 5,000 
                                     ------------------  --------------------- 
              5,001 - 10,000 
                                     ------------------  --------------------- 
              10,001 - 100,000 
                                     ------------------  --------------------- 
              100,001 and over 
                                     ------------------  --------------------- 
 
             Answer this question only if you are an ASX Listing (ASX 
             Foreign Exempt Listings and ASX Debt Listings do not 
             have to answer this question) and the securities to be 
             quoted have already been issued. 
             Note: if the securities to be quoted have not yet been 
             issued, under listing rule 3.10.5, you will need to provide 
             to ASX a list of the 20 largest recipients of the new 
             +securities, and the number and percentage of the new 
             +securities received by each of those recipients, and 
             a distribution schedule for the securities when they 
             are issued. 
           ---------------------------------------------------------------------------------------------------- 
 3C.9a      Ordinary fully or partly paid shares/units details 
             Answer the questions in this section if you selected 
             this security type in your response to Question 3C.2. 
           ---------------------------------------------------------------------------------------------------- 
            *+Security currency 
             This is the currency in which 
             the face amount of an issue 
             is denominated. It will also 
             typically be the currency 
             in which distributions are 
             declared. 
           ------------------------------------------------------------  -------------------------------------- 
            *Will there be CDIs issued 
             over the +securities? 
           ------------------------------------------------------------  -------------------------------------- 
            *CDI ratio 
             Answer this question if you 
             answered "Yes" to the previous 
             question. This is the ratio 
             at which CDIs can be transmuted 
             into the underlying security 
             (e.g. 4:1 means 4 CDIs represent 
             1 underlying security whereas 
             1:4 means 1 CDI represents 
             4 underlying securities). 
           ------------------------------------------------------------  -------------------------------------- 
            *Is it a partly paid class 
             of +security? 
           ------------------------------------------------------------  -------------------------------------- 
            *Paid up amount: unpaid amount 
             Answer this question if answered 
             "Yes" to the previous question. 
             The paid up amount represents 
             the amount of application 
             money and/or calls which 
             have been paid on any security 
             considered 'partly paid' 
             The unpaid amount represents 
             the unpaid or yet to be called 
             amount on any security considered 
             'partly paid'. 
             The amounts should be provided 
             per the security currency 
             (e.g. if the security currency 
             is AUD, then the paid up 
             and unpaid amount per security 
             in AUD). 
           ------------------------------------------------------------  -------------------------------------- 
            *Is it a stapled +security? 
             This is a security class 
             that comprises a number of 
             ordinary shares and/or ordinary 
             units issued by separate 
             entities that are stapled 
             together for the purposes 
             of trading. 
           ------------------------------------------------------------  -------------------------------------- 
 3C.9b      Option details 
             Answer the questions in this section if you selected 
             this security type in your response to Question 3C.2. 
           ---------------------------------------------------------------------------------------------------- 
            *+Security currency 
             This is the currency in which 
             the exercise price is payable. 
           ------------------------------------------------------------  -------------------------------------- 
            *Exercise price 
             The price at which each option 
             can be exercised and convert 
             into the underlying security. 
             The exercise price should 
             be provided per the security 
             currency (i.e. if the security 
             currency is AUD, the exercise 
             price should be expressed 
             in AUD). 
           ------------------------------------------------------------  -------------------------------------- 
            *Expiry date 
             The date on which the options 
             expire or terminate. 
           ------------------------------------------------------------  -------------------------------------- 
            *Details of the number and 
             type of +security (including 
             its ASX +security code if 
             the +security is quoted on 
             ASX) that will be issued 
             if an option is exercised 
             For example, if the option 
             can be exercised to receive 
             one fully paid ordinary share 
             with ASX security code ABC, 
             please insert "One fully 
             paid ordinary share (ASX:ABC)". 
           ------------------------------------------------------------  -------------------------------------- 
 3C.9c      Details of non-convertible +debt securities, +convertible 
             debt securities, or redeemable preference shares/units 
             Answer the questions in this section if you selected 
             one of these security types in your response to Question 
             3C.2. 
             Refer to Guidance Note 34 and the "Guide to the Naming 
             Conventions and Security Descriptions for ASX Quoted 
             Debt and Hybrid Securities" for further information on 
             certain terms used in this section 
           ---------------------------------------------------------------------------------------------------- 
            *Type of +security                                            Simple corporate bond 
             Select one item from the                                      Non-convertible note or bond 
             list                                                          Convertible note or bond 
                                                                           Preference share/unit 
                                                                           Capital note 
                                                                           Hybrid security 
                                                                           Other 
           ------------------------------------------------------------  -------------------------------------- 
            *+Security currency 
             This is the currency in which 
             the face value of the security 
             is denominated. It will also 
             typically be the currency 
             in which interest or distributions 
             are paid. 
           ------------------------------------------------------------  -------------------------------------- 
            Face value 
             This is the principal amount 
             of each security. 
             The face value should be 
             provided per the security 
             currency (i.e. if security 
             currency is AUD, then the 
             face value per security in 
             AUD). 
           ------------------------------------------------------------  -------------------------------------- 
            *Interest rate type                                           Fixed rate 
             Select one item from the                                      Floating rate 
             list                                                          Indexed rate 
             Select the appropriate interest                               Variable rate 
             rate type per the terms of                                    Zero coupon/no interest 
             the security. Definitions                                     Other 
             for each type are provided 
             in the Guide to the Naming 
             Conventions and Security 
             Descriptions for ASX Quoted 
             Debt and Hybrid Securities 
           ------------------------------------------------------------  -------------------------------------- 
            Frequency of coupon/interest                                  Monthly 
             payments per year                                             Quarterly 
             Select one item from the                                      Semi-annual 
             list.                                                         Annual 
                                                                           No coupon/interest payments 
                                                                           Other 
           ------------------------------------------------------------  -------------------------------------- 
            First interest payment date 
             A response is not required 
             if you have selected "No 
             coupon/interest payments" 
             in response to the question 
             above on the frequency of 
             coupon/interest payments 
           ------------------------------------------------------------  -------------------------------------- 
            Interest rate per annum                                                % p.a. 
             Answer this question if the 
             interest rate type is fixed. 
           ------------------------------------------------------------  -------------------------------------- 
            *Is the interest rate per 
             annum estimated at this time? 
             Answer this question if the 
             interest rate type is fixed. 
           ------------------------------------------------------------  -------------------------------------- 
            If the interest rate per 
             annum is estimated, then 
             what is the date for this 
             information to be announced 
             to the market (if known) 
             Answer this question if the 
             interest rate type is fixed 
             and your response to the 
             previous question is "Yes". 
             Answer "Unknown" if the date 
             is not known at this time. 
           ------------------------------------------------------------  -------------------------------------- 
            *Does the interest rate include 
             a reference rate, base rate 
             or market rate (e.g. BBSW 
             or CPI)? 
             Answer this question if the 
             interest rate type is floating 
             or indexed. 
           ------------------------------------------------------------  -------------------------------------- 
            *What is the reference rate, 
             base rate or market rate? 
             Answer this question if the 
             interest rate type is floating 
             or indexed and your response 
             to the previous question 
             is "Yes". 
           ------------------------------------------------------------  -------------------------------------- 
            *Does the interest rate include 
             a margin above the reference 
             rate, base rate or market 
             rate? 
             Answer this question if the 
             interest rate type is floating 
             or indexed. 
           ------------------------------------------------------------  -------------------------------------- 
            *What is the margin above                                                 % p.a. 
             the reference rate, base 
             rate or market rate (expressed 
             as a percent per annum) 
             Answer this question if the 
             interest rate type is floating 
             or indexed and your response 
             to the previous question 
             is "Yes". 
           ------------------------------------------------------------  -------------------------------------- 
            *Is the margin estimated 
             at this time? 
             Answer this question if the 
             interest rate type is floating 
             or indexed. 
           ------------------------------------------------------------  -------------------------------------- 
            If the margin is estimated, 
             then what is the date for 
             this information to be announced 
             to the market (if known) 
             Answer this question if the 
             interest rate type is floating 
             or indexed and your response 
             to the previous question 
             is "Yes". 
             Answer "Unknown" if the date 
             is not known at this time. 
           ------------------------------------------------------------  -------------------------------------- 
            *S128F of the Income Tax                                      s128F exempt 
             Assessment Act status applicable                              Not s128F exempt 
             to the +security                                              s128F exemption status unknown 
             Select one item from the                                      Not applicable 
             list 
             For financial products which 
             are likely to give rise to 
             a payment to which s128F 
             of the Income Tax Assessment 
             Act applies, ASX requests 
             issuers to confirm the s128F 
             status of the security: 
              *    "s128F exempt" means interest payments are not 
                   taxable to non-residents; 
 
 
              *    "Not s128F exempt" means interest payments are 
                   taxable to non-residents; 
 
 
              *    "s128F exemption status unknown" means the issuer is 
                   unable to advise the status; 
 
 
              *    "Not applicable" means s128F is not applicable to 
                   this security 
           ------------------------------------------------------------  -------------------------------------- 
            *Is the +security perpetual 
             (i.e. no maturity date)? 
           ------------------------------------------------------------  -------------------------------------- 
            *Maturity date 
             Answer this question if the 
             security is not perpetual 
           ------------------------------------------------------------  -------------------------------------- 
            *Select other features applicable                             Simple 
             to the +security                                              Subordinated 
             Up to 4 features can be selected.                             Secured 
             Further information is available                              Converting 
             in the Guide to the Naming                                    Convertible 
             Conventions and Security                                      Transformable 
             Descriptions for ASX Quoted                                   Exchangeable 
             Debt and Hybrid Securities.                                   Cumulative 
                                                                           Non-Cumulative 
                                                                           Redeemable 
                                                                           Extendable 
                                                                           Reset 
                                                                           Step-Down 
                                                                           Step-Up 
                                                                           Stapled 
                                                                           None of the above 
           ------------------------------------------------------------  -------------------------------------- 
            *Is there a first trigger 
             date on which a right of 
             conversion, redemption, call 
             or put can be exercised (whichever 
             is first)? 
           ------------------------------------------------------------  -------------------------------------- 
            *If yes, what is the first 
             trigger date 
             Answer this question if your 
             response to the previous 
             question is "Yes". 
           ------------------------------------------------------------  -------------------------------------- 
            Details of the number and 
             type of +security (including 
             its ASX +security code if 
             the +security is quoted on 
             ASX) that will be issued 
             if the securities to be quoted 
             are converted, transformed 
             or exchanged 
             Answer this question if the 
             security features include 
             "converting", "convertible", 
             "transformable" or "exchangeable". 
             For example, if the security 
             can be converted into 1,000 
             fully paid ordinary shares 
             with ASX security code ABC, 
             please insert "1,000 fully 
             paid ordinary share (ASX:ABC)". 
           ------------------------------------------------------------  -------------------------------------- 
 
 

Part 4 - Issue details

 
 Question   Question                              Answer 
  No. 
 4.1        *Have the +securities to              Yes 
             be quoted been issued yet? 
           ------------------------------------  ---------------------------------- 
 4.1a       *What was their date of issue?        13 January 2020 
             Answer this question if your 
             response to Q4.1 is "Yes". 
           ------------------------------------  ---------------------------------- 
 4.1b       *What is their proposed date          N/A 
             of issue? 
             Answer this question if your 
             response to Q4.1 is "No". 
           ------------------------------------  ---------------------------------- 
 4.2        *Are the +securities to be            No 
             quoted being issued for a 
             cash consideration? 
             If the securities are being 
             issued for nil cash consideration, 
             answer this question "No". 
           ------------------------------------  ---------------------------------- 
 4.2a       *In what currency is the              N/A 
             cash consideration being 
             paid 
             For example, if the consideration 
             is being paid in Australian 
             Dollars, state AUD. 
             Answer this question if your 
             response to Q4.2 is "Yes". 
           ------------------------------------  ---------------------------------- 
 4.2b       *What is the issue price              N/A 
             per +security 
             Answer this question if your 
             response to Q4.2 is "Yes" 
             and by reference to the issue 
             currency provided in your 
             response to Q4.2a. 
             Note: you cannot enter a 
             nil amount here. If the securities 
             are being issued for nil 
             cash consideration, answer 
             Q4.2 as "No" and complete 
             Q4.2c and Q4.2d. 
           ------------------------------------  ---------------------------------- 
 4.2c       Please describe the consideration     Shares have been issued at 
             being provided for the +securities    nil consideration as they 
             to be quoted                          have been issued upon conversion 
             Answer this question if your          of performance rights, the 
             response to Q4.2 is "No".             performance conditions attaching 
                                                   to which have been achieved. 
           ------------------------------------  ---------------------------------- 
 4.2d       Please provide an estimate            (a) $0.595 each 
             (in AUD) of the value of              (b) $0.620 each 
             the consideration being provided 
             per +security for the +securities 
             to be quoted 
             Answer this question if your 
             response to Q4.2 is "No". 
           ------------------------------------  ---------------------------------- 
 

Part 5 - Issued capital following quotation

 
 Following the quotation of the +securities the subject of this 
  application, the issued capital of the entity will comprise: 
  Note: the figures provided in the tables in sections 5.1 and 
  5.2 below are used to calculate the total market capitalisation 
  of the entity published by ASX from time to time. Please make 
  sure you include in the relevant table each class of securities 
  issued by the entity. 
  If you have quoted CHESS Depository Interests (CDIs) issued 
  over your securities, include them in the table in section 5.1 
  and include in the table in section 5.2 any securities that 
  do not have CDIs issued over them (and therefore are not quoted 
  on ASX). 
  Restricted securities should only be included in the table in 
  section 5.1 if you are applying to have them quoted because 
  the escrow period for the securities has expired or is about 
  to expire. Otherwise include them in the table in section 5.2. 
 5.1   *Quoted +securities (total number of each +class of +securities 
        quoted on ASX following the +quotation of the +securities 
        the subject of this application) ASX +security code and description    Total number of +securities 
                                                on issue 
         DNK Ordinary Shares                   318,621,306 
                                              ---------------------------- 
      ---------------------------------------------------------------------------------------------------------------- 
 5.2   *Unquoted +securities (total number of each +class of 
        +securities issued but not quoted on ASX): ASX +security code and description      Total number of +securities 
                                                  on issue 
         Unlisted Options exercisable 
          at $0.912 each, expiring 11 May 
          2020 (Remuneration Options) 
 
          Unlisted Options exercisable 
          at $0.94 each, expiring 19 May 
          2020 (Remuneration Options) 
                                                 500,000 
          Unlisted Options exercisable 
          at $1.031 each, expiring 24 January 
          2022 (Remuneration Options)             1,440,000 
 
          Unlisted Options exercisable 
          at $1.031 each, expiring 24 January     1,168,272 
          2022 (Remuneration Options) 
 
          Unlisted Options exercisable            301,040 
          at $1.108 each, expiring 13 March 
          2022 (Remuneration Options) 
 
          Unlisted Options exercisable            583,000 
          at $1.119 each, expiring 28 March 
          2022 (Remuneration Options) 
                                                  561,800 
          Unlisted Options exercisable 
          at $1.114 each, expiring 30 May 
          2022 (Remuneration Options)             1,450,000 
 
          Performance Rights - Class 1            280,000 
 
          Performance Rights - Class 4            800,000 
 
          Performance Rights - Class 5            100,000 
 
          Performance Rights - Class 8            15,000 
 
          Performance Rights - Class 9            1,000,000 
                                                ---------------------------- 
      ---------------------------------------------------------------------------------------------------------------- 
 

Part 6 - Other Listing Rule requirements

The questions in this Part should only be answered if you are an ASX Listing (ASX Foreign Exempt Listings and ASX Debt Listings do not need to complete this Part) and:

- your response to Q2.1 is "Being issued under a dividend/distribution plan" and the response to Q2.2b.2 is "No"; or

   -       your response to Q2.1 is "Other". 

Note that if your response to Q2.1 is "Being issued as part of a transaction or transactions previously announced to the market in an Appendix 3B", it is assumed that you will have provided the information referred to in this Part in the Appendix 3B.

 
 Question   Question                             Answer 
  No. 
 6.1        *Has the entity obtained, 
             or is it obtaining, +security 
             holder approval for the issue 
             under listing rule 7.1? 
           -----------------------------------  ------- 
 6.1a       *Date of meeting or proposed 
             meeting to approve the issue 
             under listing rule 7.1 
             Answer this question if the 
             response to Q6.1 is "Yes". 
           -----------------------------------  ------- 
 6.1b       *Are any of the +securities 
             being issued without +security 
             holder approval using the 
             entity's 15% placement capacity 
             under listing rule 7.1? 
             Answer this question if the 
             response to Q6.1 is "No". 
           -----------------------------------  ------- 
 6.1b.1     *How many +securities are 
             being issued without +security 
             holder approval using the 
             entity's 15% placement capacity 
             under listing rule 7.1? 
             Answer this question if the 
             response to Q6.1 is "No" and 
             the response to Q6.1b is "Yes". 
             Please complete and separately 
             send by email to your ASX 
             listings adviser a work sheet 
             in the form of Annexure B 
             to Guidance Note 21 confirming 
             the entity has the available 
             capacity under listing rule 
             7.1 to issue that number of 
             securities. 
           -----------------------------------  ------- 
 6.1c       *Are any of the +securities 
             being issued without +security 
             holder approval using the 
             entity's additional 10% placement 
             capacity under listing rule 
             7.1A (if applicable)? 
             Answer this question if the 
             response to Q6.1 is "No". 
           -----------------------------------  ------- 
 6.1c.1     *How many +securities are 
             being issued without +security 
             holder approval using the 
             entity's additional 10% placement 
             capacity under listing rule 
             7.1A? 
             Answer this question if the 
             response to Q6.1 is "No" and 
             the response to Q6.1c is "Yes". 
             Please complete and separately 
             send by email to your ASX 
             listings adviser a work sheet 
             in the form of Annexure C 
             to Guidance Note 21 confirming 
             the entity has the available 
             capacity under listing rule 
             7.1A to issue that number 
             of securities. 
           -----------------------------------  ------- 
 

Introduced 01/12/19

[1] Appendix 2A of the Listing Rules includes a warranty that an offer of the securities for sale within 12 months after their issue will not require disclosure under section 707(3) or 1012C(6) of the Corporations Act. If the securities to be quoted have been issued by way of a pro rata offer, to give this warranty, you will generally need to have lodged a cleansing notice with ASX under section 708AA(2)(f) or 1012DAA(2)(f) of the Corporations Act within 24 hours before the securities are offered (see ASIC Regulatory Guide 189 Disclosure relief for rights issues). If in doubt, please consult your legal adviser.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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January 16, 2020 02:00 ET (07:00 GMT)

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