Appendix 3Y - Dr John Cullity
Released
Released
Announcement PDF
ASX Announcement
Appendix 3Y – Dr John Cullity
4 November 2021 – Race Oncology Limited (“Race”) announces that Non-Executive
Chairman, Dr John Cullity, has sold 217,878 shares to raise funds to enable the exercise
of 3 million options expiring toward the end of November via his investment vehicles
BioSynergy Partners Pty Ltd and Craganorig Holdings, LLC at the exercise value of $710k.
The shares have been placed with a long-term shareholder via an on-market crossing.
Dr John Cullity commented, “I am delighted to be placing these shares in the hands of a longterm Race investor and am grateful for the support. The funding generated through the option
exercise, expected to take place later in the month, extends Race’s cash runway and will be
allocated to furthering the robust clinical program for Zantrene.”
An Appendix 3Y, Change of Director's Interest notice follows this announcement.
-ENDSAbout Race Oncology (ASX: RAC)
Race Oncology is an ASX listed precision oncology company with a Phase 2/3 cancer drug
called Zantrene®.
Zantrene is a potent inhibitor of the Fatso/Fat mass and obesity associated (FTO) protein.
Overexpression of FTO has been shown to be the genetic driver of a diverse range of
cancers. Race is exploring the use of Zantrene as a new therapy for melanoma and clear
cell renal cell carcinoma, which are both frequent FTO over-expressing cancers. The
Company also has compelling clinical data for the use of Zantrene as a chemotherapeutic
agent with reduced cardiotoxicity in Acute Myeloid Leukaemia (AML), breast and ovarian
cancers and is investigating its use in these areas.
Race is pursuing outsized commercial returns for shareholders via its ‘Three Pillar’
strategy for the clinical development of Zantrene.
Learn more at www.raceoncology.com.
Release authorised by:
Media contact:
Phil Lynch, CEO/MD on behalf
Jane Lowe
of the Race Board of Directors
+61 411 117 774
phillip.lynch@raceoncology.com
jane.lowe@irdepartment.com.au
Race Oncology Ltd ABN 61 149 318 749
Registered office: L36, 1 Macquarie Place, Sydney NSW 2000
www.raceoncology.com
Appendix 3Y
Change of Director’s Interest Notice
Rule 3.19A.2
Appendix 3Y
Change of Director’s Interest Notice
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.
Introduced 30/9/2001.
Name of entity
Race Oncology Limited
ABN
61 149 318 749
We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the
director for the purposes of section 205G of the Corporations Act.
Name of Director
Dr John Cullity
Date of last notice
3 September 2021
Part 1 - Change of director’s relevant interests in securities
In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust
Note: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should be
disclosed in this part.
Direct or indirect interest
Indirect
Nature of indirect interest
(including registered holder)
1. Craganorig Holdings, LLC – director related entity
2. Biosynergy Partners Pty Ltd – director related entity
Date of change
4 November 2021
No. of securities held prior
to change
Class
1. 2,000,000 Options exercisable at $0.23, expiring 27/11/2021.
2. 5,620,072 Ordinary Shares
1,000,000 Options exercisable at $0.25, expiring 25/11/2021
189,394 Options exercisable at $4.50, expiring 16/5/2022
Ordinary Shares
Number acquired
Nil
Number disposed
2. 217,878 Ordinary shares
Value/Consideration
includes brokerage/gst
$709,999.04
Note: Provide details of the circumstances
giving rise to the relevant interest.
Note: If consideration is non-cash, provide
details and estimated valuation
+ See chapter 19 for defined terms.
Appendix 3Y Page 1
Appendix 3Y
Change of Director’s Interest Notice
No. of securities held after
change
1. 2,000,000 Options exercisable at $0.23, expiring 27/11/2021
2. 5,402,194 Ordinary Shares
1,000,000 Options exercisable at $0.25, expiring 25/11/2021
189,394 Options exercisable at $4.50, expiring 16/5/2022
Nature of change
On-market crossing of shares to cover the costs to enable the
exercise of options toward the end of November.
Example: on-market trade, off-market trade,
exercise of options, issue of securities under
dividend reinvestment plan, participation in
buy-back
Part 2 – Change of director’s interests in contracts
Note: In the case of a company, interests which come within paragraph (ii) of the definition of “notifiable interest of a director” should be
disclosed in this part.
Detail of contract
N/A
Nature of interest
N/A
Name of registered holder
(if issued securities)
N/A
Date of change
N/A
No. and class of securities to N/A
which interest related prior to
change
Note: Details are only required for a contract in relation
to which the interest has changed
Interest acquired
N/A
Interest disposed
N/A
Value/Consideration
N/A
Interest after change
N/A
Note: If consideration is non-cash, provide details and an
estimated valuation
Part 3 – +Closed period
Were the interests in the securities or contracts detailed No.
above traded during a +closed period where prior written
clearance was required?
If so, was prior written clearance provided to allow the N/A
trade to proceed during this period?
If prior written clearance was provided, on what date was N/A
this provided?
+ See chapter 19 for defined terms.
Appendix 3Y Page 2
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