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Adslot : Proposed issue of securities - ADS
Adslot : Proposed issue of securities -
About this update from Adslot Ltd
Proposed issue of securities Announcement Summary For personal use only Entity name ADSLOT LTD. Announcement Type New announcement Date of this announcement 11/4/2022 The Proposed issue is: A standard pro rata issue (including non-renounceable or renounceable) A placement or other type of issue Total number of +securities proposed to be issued for a standard pro rata issue (including non-renounceable or renounceable) Ex date 14/4/2022 +Record date 19/4/2022 Offer closing date 3/5/2022 Issue date 10/5/2022 Total number of +securities proposed to be issued for a placement or other type of issue Proposed +issue date 20/4/2022 Refer to next page for full details of the announcement Proposed issue of securities 1 / 11 Proposed issue of securities For personal use only Proposed issue of securities 2 / 11 Proposed issue of securities Part 1 - Entity and announcement details 1.1 Name of +Entity ADSLOT LTD. For personal use only 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 ABN Registration Number 70001287510 1.3 ASX issuer code ADS 1.4 The announcement is New announcement 1.5 Date of this announcement 11/4/2022 1.6 The Proposed issue is: A standard +pro rata issue (non-renounceable or renounceable) A placement or other type of issue 1.6a The proposed standard +pro rata issue is: + Non-renounceable Proposed issue of securities 3 / 11 Proposed issue of securities Part 3 - Details of proposed entitlement offer issue For personal use only Part 3A - Conditions 3A.1 Do any external approvals need to be obtained or other conditions satisfied before the entitlement offer can proceed on an unconditional basis? No Part 3B - Offer details Class or classes of +securities that will participate in the proposed issue and class or classes of +securities proposed to be issued ASX +security code and description ADS : ORDINARY FULLY PAID Is the proposed 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)? Will the proposed issue of this +security include an offer of attaching +securities? If the entity has quoted company options, do the terms entitle option holders to participate on exercise? No No Existing class Details of +securities proposed to be issued ASX +security code and description ADS : ORDINARY FULLY PAID ISIN Code (if Issuer is a foreign company and +securities are non CDIs) ISIN Code for the entitlement or right to participate in a non-renounceable issue (if Issuer is foreign company and +securities are non CDIs) Offer ratio (ratio to existing holdings at which the proposed +securities will be issued) The quantity of additional +securities For a given quantity of +securities to be issued 1 held 17 Proposed issue of securities 4 / 11 Proposed issue of securities What will be done with fractional entitlements? Maximum number of +securities proposed to be issued (subject to rounding) Fractions rounded up to the next whole number 116,588,604 For personal use only Offer price details for retail security holders In what currency will the offer be What is the offer price per +security made? for the retail offer? AUD - Australian Dollar AUD 0.01700 Oversubscription & Scale back details Will individual +security holders be permitted to apply for more than their entitlement (i.e. to over-subscribe)? No Will a scale back be applied if the offer is over-subscribed? No Will these +securities rank equally in all respects from their issue date with the existing issued +securities in that class? Yes Part 3C - Timetable 3C.1 +Record date 19/4/2022 3C.2 Ex date 14/4/2022 3C.4 Record date 19/4/2022 3C.5 Date on which offer documents will be sent to +security holders entitled to participate in the +pro rata issue 21/4/2022 Proposed issue of securities 5 / 11 This is an excerpt of the original content. To continue reading it, access the original document here .