SportsHero : Proposed issue of securities - SHO

Proposed issue of securities

Announcement Summary

For personal use only

Entity name

SPORTSHERO LIMITED

Announcement Type

New announcement

Date of this announcement

23/3/2022

The Proposed issue is:

A placement or other type of issue

Total number of +securities proposed to be issued for a placement or other type of issue

		Maximum Number of
ASX +security code	+Security description	+securities to be issued
New class-code to be	Performance Rights - Classes A,B,C,D,E,F & G	1,500,000
confirmed
SHO	ORDINARY FULLY PAID	250,000

Proposed +issue date

23/3/2022

Refer to next page for full details of the announcement

Proposed issue of securities

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Proposed issue of securities

Part 1 - Entity and announcement details

For personal use only

1.1 Name of +Entity

SPORTSHERO LIMITED

We (the entity named above) give ASX the following information about a proposed issue of +securities and, if ASX agrees to +quote any of the +securities (including any rights) on a +deferred settlement basis, we agree to the matters set out in Appendix 3B of the ASX Listing Rules.

If the +securities are being offered under a +disclosure document or +PDS and are intended to be quoted on ASX, we also apply for quotation of all of the +securities that may be issued under the +disclosure document or +PDS on the terms set out in Appendix 2A of the ASX Listing Rules (on the understanding that once the final number of +securities issued under the +disclosure document or +PDS is known, in accordance with Listing Rule 3.10.3C, we will complete and lodge with ASX an Appendix 2A online form notifying ASX of their issue and applying for their quotation).

1.2	Registered Number Type	Registration Number
ABN	98123423987
1.3	ASX issuer code
SHO

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

23/3/2022

1.6 The Proposed issue is:

A placement or other type of issue

Proposed issue of securities

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Proposed issue of securities

Part 7 - Details of proposed placement or other issue

only
	Part 7A - Conditions
		7A.1 Do any external approvals need to be obtained or other conditions satisfied before the placement or other
		type of issue can proceed on an unconditional basis?
use		No
	Part 7B - Issue details
			Is the proposed security a 'New	Will the proposed issue of this
			class' (+securities in a class that is	+security include an offer of
			not yet quoted or recorded by ASX)	attaching +securities?
personal		or an 'Existing class' (additional	Yes
	securities in a class that is already
	consideration?
			quoted or recorded by ASX)?
			Existing class
	Details of +securities proposed to be issued
			ASX +security code and description
			SHO : ORDINARY FULLY PAID
			Number of +securities proposed to be issued
		250,000
			Offer price details
			Are the +securities proposed to be issued being issued for a cash
For		No
	Please describe the consideration being provided for the +securities
			In consideration for Livewire Group International Pty Ltd being appointed as eSportsHero's Australian media, marketing,
			loyalty and sponsorship advisor.
			Please provide an estimate of the AUD equivalent of the consideration being provided for the +securities
		0.030000
			Will these +securities rank equally in all respects from their issue date with
			the existing issued +securities in that class?
			Yes

Proposed issue of securities

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Proposed issue of securities

Attaching +Security
only	Is the proposed attaching security a 'New class' (+securities in a class that is not yet quoted or recorded by ASX)
or an 'Existing class' (additional +securities in a class that is already quoted or recorded by ASX)?
		New class
Attaching +Security - New class (+securities in a class that is not yet quoted or recorded by ASX)
use		Details of attaching +securities proposed to be issued
	ISIN Code (if Issuer is a foreign company and +securities are non CDIs)
		Have you received confirmation from ASX that the terms		Will the entity be seeking quotation of the 'new' class o
		of the proposed +securities are appropriate and		+securities on ASX?
		equitable under listing rule 6.1?		No
		No
personal		ASX +security code		+Security description
	New class-code to be confirmed		Performance Rights - Classes A,B,C,D,E,F & G
		+Security type
		Performance shares/units
		Number of +securities proposed to be issued
	1,500,000
		Offer price details
		Are the +securities proposed to be issued being issued for a cash consideration?
		No
		Please describe the consideration being provided for the +securities
		In consideration for Livewire Group International Pty Ltd being appointed as eSportsHero's Australian media, marketing,
For		loyalty and sponsorship advisor.
	Please provide an estimate of the AUD equivalent of the consideration being provided for the +securities
	0.000001

Will all the +securities issued in this class rank equally in all respects from their issue date?

Yes

Proposed issue of securities

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Proposed issue of securities

Performance shares/units details

use only

+Security currency

AUD - Australian Dollar

Will there be CDIs issued over the +securities?

No

Is it a partly paid class of +security?

No

Is it a stapled +security?

No

Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities proposed to be issued or provide the information by separate announcement.

Refer ASX announcement dated 23 March 2022

Part 7C - Timetable

7C.1 Proposed +issue date 23/3/2022

	Part 7D - Listing Rule requirements
personal	7D.1 Has the entity obtained, or is it obtaining, +security holder approval for the entire issue under listing rule 7.1?
No
7D.1b Are any of the +securities proposed to be issued without +security holder approval using the entity's 15%
placement capacity under listing rule 7.1?
Yes
7D.1b ( i ) How many +securities are proposed to be issued without security holder approval using the entity's 15%
For
placement capacity under listing rule 7.1?
1,750,000 securities, comprising: 250,000 Shares and 250,000 Class A Performance Rights, 250,000 Class B
Performance Rights, 200,000 Class C Performance Rights, 200,000 Class D Performance Rights, 200,000 Class E
Performance Rights, 200,000 Class F Performance Rights and 200,000 Class G Performance Rights.
7D.1c Are any of the +securities proposed to be issued without +security holder approval using the entity's
additional 10% placement capacity under listing rule 7.1A (if applicable)?
No
		7D.2 Is a party referred to in listing rule 10.11 participating in the proposed issue?
		No
		7D.3 Will any of the +securities to be issued be +restricted securities for the purposes of the listing rules?
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