Proposed issue of securities
Update Summary
Entity name
For personal use only
ORCODA LIMITED
Announcement Type
Update to previous announcement
Date of this announcement
8/4/2022
Reason for update to a previous announcement
1. The SPP offer opens on 8 April 2022 - unable to change it in this updated Appendix 3B.
2. The Placement Shares are rescheduled for issue on 11 April 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
1.1 Name of +Entity
ORCODA LIMITED
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 86009065650
1.3 ASX issuer code ODA
1.4 The announcement is
Update/amendment to previous announcement
1.4a Reason for update to a previous announcement
1. The SPP offer opens on 8 April 2022 - unable to change it in this updated Appendix 3B.
2. The Placement Shares are rescheduled for issue on 11 April 2022.
1.4b Date of previous announcement to this update 6/4/2022
1.5 Date of this announcement 8/4/2022
1.6 The Proposed issue is:
An offer of +securities under a +securities purchase planA placement or other type of issue
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Proposed issue of securities
Part 4 - Details of proposed offer under securities purchase plan
For personal use only
Part 4A - Conditions
4A.1 Do any external approvals need to be obtained or other conditions satisfied before the offer of +securities under the +securities purchase plan issue can proceed on an unconditional basis?
No
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Part 4B - Offer details
Class or classes of +securities that will participate in the proposed issue and class or classes of +securities proposed to be issued
For personal use only
ASX +security code and description
ODA : ORDINARY FULLY PAID
Will the proposed issue of this +security include an offer of attaching +securities?
No
Details of +securities proposed to be issued
ASX +security code and description
ODA : ORDINARY FULLY PAID
Maximum total number of those +securities that could be issued if all offers under the +securities purchase plan are accepted
10,833,333
Will the offer be conditional on applications for a minimum number of +securities being received or a minimum amount being raised (i.e. a minimum subscription condition)?
No
Will the offer be conditional on applications for a maximum number of +securities being received or a maximum amount being raised (i.e. a maximum subscription condition)?
No
Will individual security holders be required to accept the offer for a minimum number or value of +securities (i.e. a minimum acceptance condition)?
Yes
Is the minimum acceptance unit based or dollar based?
Dollar based ($)
Please enter the minimum acceptance value $ 1,000
Will individual security holders be limited to accepting the offer for a maximum number or value of +securities (i.e. a maximum acceptance condition)?
Yes
Is the maximum acceptance unit based or dollar based?
Dollar based ($)
Please enter the maximum acceptance value $ 30,000
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Describe all the applicable parcels available for this offer in number of securities or dollar value $1,000, $2,000, $5,000, $10,000, $15,000, $20,000, $25,000 or $30,000
Offer price details
Has the offer price been determined?
Yes
For personal use only
In what currency will the offer | What is the offer price per |
be made? | +security? |
AUD - Australian Dollar | AUD 0.12000 |
Oversubscription & Scale back details
Will a scale back be applied if the offer is over-subscribed?
Yes
Describe the scale back arrangements
If there is a Scale Back, applicants may receive less Shares than applied. If Scale Back produces a fractional number of shares, the number of Shares issued will be rounded down to the nearest whole number. If the Company scales back an application, then the application monies will be promptly returned without interest. If the amount received is less than the minimum application amount of $1,000 no New Shares will be allotted and the entire amount will be refunded without interest.
Will these +securities rank equally in all respects from their issue date with the existing issued +securities in that class?
Yes
Part 4C - Timetable
4C.1 Date of announcement of +security purchase plan
6/4/2022
4C.2 +Record date
5/4/2022
4C.3 Date on which offer documents will be made available to investors 19/4/2022
4C.4 Offer open date 7/4/2022
4C.5 Offer closing date 29/4/2022
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