Proposed issue of securities
Announcement Summary
For personal use only
Entity name
SPENDA LIMITED
Announcement Type
New announcement
Date of this announcement
12/8/2022
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 | Options expiring 15/08/2025 Ex $0.042 | 80,547,396 |
confirmed | ||
SPX | ORDINARY FULLY PAID | 3,073,100 |
Proposed +issue date
15/8/2022
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
SPENDA 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 | 099084143 | |
1.3 | ASX issuer code | |
SPX |
- The announcement is New announcement
- Date of this announcement
12/8/2022
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? | ||||
use | No | |||
Part 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? | |||
personal | or an 'Existing class' (additional | No | ||
securities in a class that is already | ||||
consideration? | ||||
quoted or recorded by ASX)? | ||||
Existing class | ||||
Details of +securities proposed to be issued | ||||
ASX +security code and description | ||||
SPX : ORDINARY FULLY PAID | ||||
Number of +securities proposed to be issued | ||||
3,073,100 | ||||
Offer price details | ||||
Are the +securities proposed to be issued being issued for a cash | ||||
For | No | |||
Please describe the consideration being provided for the +securities
Shares issued in consideration for services provided to the Company.
Please provide an estimate of the AUD equivalent of the consideration being provided for the +securities 0.014000
Will these +securities rank equally in all respects from their issue date with the existing issued +securities in that class?
Yes
Proposed issue of securities | 3 / 6 |
Proposed issue of securities
Is the proposed security a 'New | Will the proposed issue of this | ||
class' (+securities in a class that is | +security include an offer of | ||
only | 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 | |||
use | 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 | ||
personal | |||
New class-code to be confirmed | Options expiring 15/08/2025 Ex $0.042 | ||
+Security type | |||
Options | |||
Number of +securities proposed to be issued | |||
80,547,396 | |||
Offer price details | |||
Are the +securities proposed to be issued being issued for a cash consideration? | |||
No | |||
Please describe the consideration being provided for the +securities | |||
Issued in conjunction with debt facility agreement as announced to ASX on 1 August 2022. | |||
For | Please provide an estimate of the AUD equivalent of the consideration being | ||
provided for the +securities | |||
0.011000 | |||
Will all the +securities issued in this class rank equally in all respects from their issue date?
Yes
Proposed issue of securities | 4 / 6 |
Proposed issue of securities
Options details
+Security currency | Exercise price | Expiry date | |||||||
AUD - Australian Dollar | AUD 0.0420 | 15/8/2025 | |||||||
only | Details of the type of +security that will be issued if the option is exercised | ||||||||
SPX : ORDINARY FULLY PAID | |||||||||
Number of securities that will be issued if the option is exercised | |||||||||
One fully paid ordinary share (ASX:SPX) | |||||||||
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. | |||||||||
use | |||||||||
Part 7C - Timetable | |||||||||
personal | 7C.1 Proposed +issue date | ||||||||
15/8/2022 | |||||||||
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? | |||||||||
No | |||||||||
7D.1b Are any of the +securities proposed to be issued without +security holder approval using the entity's 15% | |||||||||
placement capacity under listing rule 7.1? | |||||||||
Yes | |||||||||
7D.1b ( i ) How many +securities are proposed to be issued without security holder approval using the entity's 15% | |||||||||
placement capacity under listing rule 7.1? | |||||||||
For | 3,073,100 Shares and 80,547,396 options | ||||||||
7D.1c Are any of the +securities proposed to be issued without +security holder approval using the entity's | |||||||||
additional 10% placement capacity under listing rule 7.1A (if applicable)? No
7D.2 Is a party referred to in listing rule 10.11 participating in the proposed issue? No
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? Yes
Proposed issue of securities | 5 / 6 |
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