Orcoda : Update - Proposed issue of securities - ODA

About this update from Orcoda Limited

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 1 / 10 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 plan A placement or other type of issue Proposed issue of securities 2 / 10 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 Proposed issue of securities 3 / 10 Proposed issue of securities 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 Proposed issue of securities 4 / 10 Proposed issue of securities 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 Proposed issue of securities 5 / 10 This is an excerpt of the original content. To continue reading it, access the original document here .

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