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Appendix 3H - Notification of cessation of securities Announcement Summary Entity name ALTERITY THERAPEUTICS LIMITED Announcement Type New announcement Date of this announcement Tuesday

Key Takeaway: Alterity Therapeutics Limited has announced the cessation of 5,000,000 options set to expire on November 29, 2026, which lapsed due to conditions not being satisfied. The cessation is linked to an employee resignation, signaling potential challenges in the company's operations. This event marks a decrease in the company's conditional rights to securities and potentially impacts its capital structure. Following this lapse, the company's issued capital includes over 5 billion ordinary shares and several other options with varying expiration dates.

Market Sentiment Analysis

CONCERNS & RISKS

  • 5,000,000 options have lapsed due to unmet conditions.
  • Lapse due to employee resignation indicates potential instability.

Full Press Release Details

Announcement Summary
ALTERITY THERAPEUTICS LIMITED
Date of this announcement
Tuesday May 21, 2024
Details of +securities that have ceased
ASX +security code Security description Number of +securities that have ceased The +securities have ceased due to Date of cessation
ATHAAE OPTION EXPIRING 29-NOV-2026 EX $0.0375 5,000,000 Lapse of conditional right to securities because the conditions have not been, or have become incapable of being, satisfied 07/05/2024
Refer to next page for full details of the announcement
Part 1 - Announcement Details
ALTERITY THERAPEUTICS LIMITED
We (the entity named above) provide the following information
about our issued capital.
1.2 Registered Number Type Registration Number
ACN 080699065
Part 2 - Details of +equity securities or +debt securities that have
Asx +Security Code And Description
ATHAAE : OPTION EXPIRING 29-NOV-2026 EX $0.0375
Unquoted +equity securities that have ceased
Number of securities that
Reason for cessation
Lapse of conditional right to securities because the
conditions have not been, or have become incapable of being, satisfied
Date of cessation Is the entity paying any consideration for the cessation?
7/5/2024 No
Any other information the entity wishes to notify to
ASX about the cessation?
Lapse due to employee resignation
Part 3 - Issued capital following changes
Following the cessation of the +securities the
subject of this notification, the issued capital of the entity will comprise:
The figures in parts 3.1 and 3.2 below are automatically generated
and may not reflect the entity's current issued capital if other Appendix 2A, Appendix 3G or Appendix 3H forms are currently with ASX
ASX +security code and description Total number of +securities on issue
ATH : ORDINARY FULLY PAID 5,245,115,318
ATHO : OPTION EXPIRING 31-AUG-2026 932,706,668
ASX +security code and description Total number of +securities on issue
ATHAAI : OPTION EXPIRING 31-AUG-2024 EX $0.007 1,935,759,704
ATHAAE : OPTION EXPIRING 29-NOV-2026 EX $0.0375 14,250,000
ATHAAF : OPTION EXPIRING 31-JUL-2024 EX $0.07 12,000,000
ATHAAG : OPTION EXPIRING 29-NOV-2026 EX $0.0238 11,900,000
ATHAAB : OPTION EXPIRING 17-SEP-2025 EX $0.09 35,000,000
ATHAAH : OPTION EXPIRING 19-DEC-2026 EX $0.0105 8,000,000
ATHAAD : OPTION EXPIRING 06-JAN-2026 EX $0.032 91,392,720
the figures stated in the tables above are used to calculate the total market capitalisation of the entity published by ASX from time
to time. The table will not include those classes of +securities that have ceased or lapsed in their entirety in ASX records before the
announcement date described in Q1.5, even if the entity has advised ASX of a change to that class of +security in Part 2 of this form.

Frequently Asked Questions

Why did the ALTERITY THERAPEUTICS options cease?

The options ceased due to the lapse of conditional rights as conditions were unmet.

What is the new total of ordinary shares for ALTERITY?

The total number of ordinary fully paid shares is 5,245,115,318.

When did the cessation of options occur?

The cessation of the options occurred on May 7, 2024.

What caused the lapse of the options?

The lapse was due to an employee resignation.

How many options expired on 29-Nov-2026?

A total of 14,250,000 options expired on 29-Nov-2026.

Last updated: May 21, 2024