Proposed issue of securities
Update Summary
For personal use only
Entity name
A-CAP ENERGY LIMITED
Announcement Type
Update to previous announcement
Date of this announcement
14/2/2022
Reason for update to a previous announcement
Clarification that the Options are free on a basis of 1 for each new share taken up with an exercise price of 20 cents and they have an expiry of 2 years from date of issue which is likely to be 15 March 2024 and the fractional entitlements will be rounded down as with shares.
Please note that I was unable to edit details in this 3B for the change to the expiry date and fractional entitlements.
Refer to next page for full details of the announcement
Proposed issue of securities | 1 / 8 |
Proposed issue of securities
Part 1 - Entity and announcement details
For personal use only
1.1 Name of +Entity
A-CAP ENERGY 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 |
ABN | 28104028542 | |
1.3 | ASX issuer code | |
ACB |
1.4 The announcement is
Update/amendment to previous announcement
1.4a Reason for update to a previous announcement
Clarification that the Options are free on a basis of 1 for each new share taken up with an exercise price of 20 cents and they have an expiry of 2 years from date of issue which is likely to be 15 March 2024 and the fractional entitlements will be rounded down as with shares.
Please note that I was unable to edit details in this 3B for the change to the expiry date and fractional entitlements.
1.4b Date of previous announcement to this update
14/2/2022
1.5 Date of this announcement
14/2/2022
1.6 The Proposed issue is:
A standard +pro rata issue (non-renounceable or renounceable)
1.6a The proposed standard +pro rata issue is:
+ Renounceable
Proposed issue of securities | 2 / 8 |
Proposed issue of securities
Part 3 - Details of proposed entitlement offer issue
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? | ||||
use | No | |||
Part 3B - Offer details | ||||
Class or classes of +securities that will participate in the proposed issue and class or classes of +securities | ||||
personal | proposed to be issued | |||
ASX +security code and description | ||||
ACB : ORDINARY FULLY PAID | ||||
Is the proposed security a 'New | Will the proposed issue of this | If the entity has quoted company | ||
class' (+securities in a class that is | +security include an offer of | options, do the terms entitle option | ||
not yet quoted or recorded by ASX) | attaching +securities? | holders to participate on exercise? | ||
or an 'Existing class' (additional | Yes | No | ||
securities in a class that is already | ||||
quoted or recorded by ASX)? | ||||
Existing class | ||||
D tails of +securities proposed to be issued | ||||
ASX +security code and description | ||||
ACB : ORDINARY FULLY PAID | ||||
For | ISIN Code (if Issuer is a foreign company and +securities are non CDIs) | |||
ISIN Code for the tradable rights created under a renounceable right 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 to be issued
For a given quantity of +securities held
1 | 14 |
Proposed issue of securities | 3 / 8 |
Proposed issue of securities
personal use only
What will be done with fractional | Maximum number of +securities |
entitlements? | proposed to be issued (subject to |
rounding) | |
Fractions rounded down to the nearest | 82,079,006 |
whole number or fractions disregarded | |
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 0.13000 |
Oversubscription & Scale back details
Will individual +security holders be permitted to apply for more than their entitlement (i.e. to over-subscribe)?
Yes
Describe the limits on over-subscription
Subject to take up
Will a scale back be applied if the offer is over-subscribed?Yes
Describe the scale back arrangements
At underwriter's discretion in conjunction with the Company
Will these +securities rank equally in all respects from their issue date with the existing issued +securities in that class?
Yes
Attaching +Security | |
For | Is the proposed attaching 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)? New class
Attaching +Security - New class (+securities in a class that is not yet quoted or recorded by ASX)
Details of attaching +securities proposed to be issued
Proposed issue of securities | 4 / 8 |
Proposed issue of securities
ISIN Code (if Issuer is a foreign company and +securities are non CDIs)
ISIN Code for the tradable rights created under a renounceable right issue (if Issuer is foreign company and +securities are non CDIs)
only
Have you received confirmation from ASX that the terms of the proposed +securities are appropriate and equitable under listing rule 6.1?
Yes
ASX +security code
New class-code to be confirmed
Will the entity be seeking quotation of the 'new' class o +securities on ASX?
Yes
+Security description
Options with an exercise price of 20 cents and an expiry 2 years form issue.
use
+Security type
Options
Offer ratio (ratio of attaching securities at which the new +securities will be issued)
The quantity of attaching +securities to be issued
1
What will be done with fractional entitlements?
Fractions over 0.5 rounded up
For a given quantity of the new +securities issued
2
Maximum number of +securities proposed to be issued (subject to rounding)
41,039,503
Offer price details for retail security holders
For personal
In what currency will the offer be made?
AUD - Australian Dollar
Oversubscription & Scale back details
Will individual +security holders be permitted to apply for more than their entitlement (i.e. to over-subscribe)?Yes
Describe the limits on over-subscription
What is the offer price per +security for the retail offer?
AUD 0.00000
Subject to take up
Will a scale back be applied if the offer is over-subscribed?
Yes
Proposed issue of securities | 5 / 8 |
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A-Cap Resources Limited published this content on 14 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 February 2022 04:21:02 UTC.