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Parkway Corporate : Proposed issue of securities - PWN

Parkway Corporate : Proposed issue of securities -

Parkway Corporate LimitedNovember 14, 20214
Parkway Corporate : Proposed issue of securities - PWN

About this update from Parkway Corporate Limited

Proposed issue of securities Announcement Summary For personal use only Entity name PARKWAY CORPORATE LIMITED Announcement Type New announcement Date of this announcement 15/11/2021 The Proposed issue is: A placement or other type of issue Total number of +securities proposed to be issued for a placement or other type of issue Maximum Number of ASX +security code +Security description +securities to be issued New class-code to be Unquoted $0.02 options expiring 3 years from grant date 15,000,000 confirmed Proposed +issue date 16/12/2021 Refer to next page for full details of the announcement Proposed issue of securities 1 / 6 Proposed issue of securities Part 1 - Entity and announcement details For personal use only 1.1 Name of +Entity PARKWAY CORPORATE LIMITED 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 Registration Number ACN 147346334 1.3 ASX issuer code PWN The announcement is New announcement Date of this announcement 15/11/2021 1.6 The Proposed issue is: A placement or other type of issue Proposed issue of securities 2 / 6 Proposed issue of securities Part 7 - Details of proposed placement or other issue only Part 7A - Conditions 7A.1 Do any external approvals need to be obtained or other conditions satisfied before the placement or other type of issue can proceed on an unconditional basis? Yes use 7A.1a Conditions Approval/Condition Date for determination Is the date estimated or ** Approval +Security holder approval 16/12/2021 actual? received/condition met? Actual No Comments personal P rt 7B - Issue details Is the proposed security a 'New Will the proposed issue of this class' (+securities in a class that is +security include an offer of not yet quoted or recorded by ASX) attaching +securities? or an 'Existing class' (additional No securities in a class that is already quoted or recorded by ASX)? New class Details of +securities proposed to be issued For ISIN Code (if Issuer is a foreign company and +securities are non CDIs) Have you received confirmation from Will the entity be seeking quotation ASX that the terms of the proposed of the 'new' class of +securities on +securities are appropriate and ASX? equitable under listing rule 6.1? No No ASX +security code +Security description New class-code to be confirmed Unquoted $0.02 options expiring 3 years from grant date +Security type Options Proposed issue of securities 3 / 6 Proposed issue of securities Number of +securities proposed to be issued 15,000,000 Offer price details only Are the +securities proposed to be issued being issued for a cash consideration? No Please describe the consideration being provided for the +securities Granted as part of remuneration package Please provide an estimate of the AUD equivalent of the consideration being use provided for the +securities Will all the +securities issued in this class rank equally in all respects from their issue date? personal Yes Options details +Security currency Exercise price Expiry date AUD - Australian Dollar AUD 0.0200 16/12/2024 Details of the type of +security that will be issued if the option is exercised PWN : ORDINARY FULLY PAID Number of securities that will be issued if the option is exercised 1 PWN Ordinary Fully Paid Share for 1 Option Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities proposed to be issued or provide the information by separate announcement. Refer to Notice of Annual General Meeting announced on 15 November 2021 For Part 7C - Timetable 7C.1 Proposed +issue date 16/12/2021 Proposed issue of securities 4 / 6 Proposed issue of securities Part 7D - Listing Rule requirements 7D.1 Has the entity obtained, or is it obtaining, +security holder approval for the entire issue under listing rule 7.1? Yes only 7D.1a Date of meeting or proposed meeting to approve the issue under listing rule 7.1 16/12/2021 7D.2 Is a party referred to in listing rule 10.11 participating in the proposed issue? Yes use 7D.3 Will any of the +securities to be issued be +restricted securities for the purposes of the listing rules? No 7D.4 Will any of the +securities to be issued be subject to +voluntary escrow? No Part 7E - Fees and expenses personal 7E.1 Will there be a lead manager or broker to the proposed issue? No 7E.2 Is the proposed issue to be underwritten? No 7E.4 Details of any other material fees or costs to be incurred by the entity in connection with the proposed issue Part 7F - Further Information For 7F.01 The purpose(s) for which the entity is issuing the securities Granted as part of remuneration package 7F.1 Will the entity be changing its dividend/distribution policy if the proposed issue proceeds? No 7F.2 Any other information the entity wishes to provide about the proposed issue Proposed issue of securities 5 / 6 This is an excerpt of the original content. To continue reading it, access the original document here .

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