REG - 88 Energy Limited - Cleansing Notice & Appendix 3B <Origin Href="QuoteRef">88E.AX</Origin> - Part 2

88 EnergyAnnouncement

14/03/2017 07:40

- Part 2: For the preceding part double click  ID:nRSN3700Za 

                        46,595,472                                                                                     
 Step 4: Subtract "C" from ["A" x "B"] to calculate remaining placement capacity under rule 7.1                                                                                                                                                                  
 "A" x 0.15Note: number must be same as shown in Step 2                                                                                                                                                                                                          625,377,063                                                                                    
 Subtract "C"Note: number must be same as shown in Step 3                                                                                                                                                                                                        46,595,473                                                                                     
 Total ["A" x 0.15] - "C"                                                                                                                                                                                                                                        578,781,591 [Note: this is the remaining placement capacity under rule 7.1]                    
 
 
Part 2 
 
 Rule 7.1A - Additional placement capacity for eligible entities                                                                                                                                                                                                 
 Step 1: Calculate "A", the base figure from which the placement capacity is calculated                                                                                                                                                                          
 "A"Note: number must be same as shown in Step 1 of Part 1                                                                                                                                                                                                       4,169,180,418                                     
 Step 2: Calculate 10% of "A"                                                                                                                                                                                                                                    
 "D"                                                                                                                                                                                                                                                             0.10Note: this value cannot be changed            
 Multiply "A" by 0.10                                                                                                                                                                                                                                            416,918,042                                       
 Step 3: Calculate "E", the amount of placement capacity under rule 7.1A that has already been used                                                                                                                                                              
 Insert number of +equity securities issued or agreed to be issued in that 12 month period under rule 7.1ANotes:•    This applies to equity securities - not just ordinary securities•    Include here - if applicable - the securities the subject of the       416,918,042 ordinary shares issued 14 March 2017  
 Appendix 3B to which this form is annexed•    Do not include equity securities issued under rule 7.1 (they must be dealt with in Part 1), or for which specific security holder approval has been obtained•    It may be useful to set out issues of securities                                                   
 on different dates as separate line items                                                                                                                                                                                                                                                                         
 "E"                                                                                                                                                                                                                                                             416,918,042                                       
 
 
 Step 4: Subtract "E" from ["A" x "D"] to calculate remaining placement capacity under rule 7.1A  
 "A" x 0.10Note: number must be same as shown in Step 2                                           416,918,042                                                         
 Subtract "E"Note: number must be same as shown in Step 3                                         416,918,042                                                         
 Total ["A" x 0.10] - "E"                                                                         Nil Note: this is the remaining placement capacity under rule 7.1A  
 
 
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