Proposed issue of securities
Cancellation Summary
For personal use only
Entity name
BEAM COMMUNICATIONS HOLDINGS LIMITED
Announcement Type
Cancellation of previous announcement
Date of this announcement
3/3/2022
Reason for cancellation of previous announcement
It was issued with a duplication error. It will be replaced by one to follow. The correct number of options proposed is 200,000 not 400,000.
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
BEAM COMMUNICATIONS HOLDINGS 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 | 39010568804 | |
1.3 | ASX issuer code | |
BCC |
1.4 The announcement is
Cancellation of previous announcement
1.4c Reason for cancellation of previous announcement
It was issued with a duplication error. It will be replaced by one to follow. The correct number of options proposed is 200,000 not 400,000.
1.4d Date of previous announcement to this cancellation
2/3/2022
1.5 Date of this announcement
3/3/2022
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? | ||||||
Yes | ||||||
use | 7A.1a Conditions | |||||
Approval/Condition | Date for determination | Is the date estimated or | ** Approval | |||
+Security holder approval | 30/11/2022 | actual? | received/condition met? | |||
Estimated | ||||||
No | ||||||
Comments | ||||||
Shareholder approval of options proposed to be issued to a director is required, which will be at the AGM. | ||||||
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)? | ||||||
Existing class | ||||||
Details of +securities proposed to be issued | ||||||
For | ASX +security code and description | |||||
BCCAO : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES | ||||||
Number of +securities proposed to be issued 200,000
Offer price details
Are the +securities proposed to be issued being issued for a cash consideration?
No
Proposed issue of securities | 3 / 6 |
Proposed issue of securities
Please describe the consideration being provided for the +securities
Nil. Options proposed to be provided to new director at sign-on as a long term incentive
Please provide an estimate of the AUD equivalent of the consideration being provided for the +securities
only | Will these +securities rank equally in all respects from their issue date with | ||
the existing issued +securities in that class? | |||
Yes | |||
use | 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)? Existing class
Details of +securities proposed to be issued
For personal
ASX +security code and description
BCCAO : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES
Number of +securities proposed to be issued
200,000
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
Nil. Options proposed to be provided to new director at sign-on as long term incentive.
Please provide an estimate of the AUD equivalent of the consideration being provided for the +securities
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 | 4 / 6 |
Proposed issue of securities
Part 7C - Timetable
7C.1 Proposed +issue date 30/11/2022
only | |||
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 | |||
use | 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? | |||
No | |||
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 | |||
personal | 7D.2 Is a party referred to in listing rule 10.11 participating in the proposed issue? | ||
Yes | |||
7E.2 Is the proposed issue to be underwritten? | |||
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 | |||
7E.1 Will there be a lead manager or broker to the proposed issue? | |||
No | |||
For | No | ||
7E.4 Details of any other material fees or costs to be incurred by the entity in connection with the proposed issue | |||
Proposed issue of securities | 5 / 6 |
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Beam Communications Holdings Limited published this content on 03 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 March 2022 03:59:05 UTC.