Proposed issue of securities
Announcement Summary
For personal use only
Entity name
ARCHTIS LIMITED
Announcement Type
New announcement
Date of this announcement
18/11/2021
The Proposed issue is:
A non pro rata offer of securities under a disclosure document or product disclosure statement (PDS)
Total number of +securities proposed to be issued for a non pro rata offer of securities under a disclosure document or product disclosure statement (PDS)
Maximum Number of | ||
ASX +security code | +Security description | +securities to be issued |
New class-code to be | Listed Options (exercisable at $0.35, expiring 23 December | 9420290 |
confirmed | 2023) |
Closing date for receipt of acceptances
25/11/2021
Proposed +issue date
26/11/2021
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
ARCHTIS 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 | 79123098671 | |
1.3 | ASX issuer code | |
AR9 |
- The announcement is New announcement
- Date of this announcement
18/11/2021
1.6 The Proposed issue is:
A non-+pro rata offer of +securities under a +disclosure document or +PDS
Proposed issue of securities | 2 / 6 |
Proposed issue of securities
Part 5 - Details of proposed non-pro rata offer under a disclosure document or PDS
only | ||||||
Part 5A - Conditions | ||||||
5A.1 Do any external approvals need to be obtained or other conditions satisfied before the non-pro rata offer of | ||||||
+securities under a +disclosure document or + PDS can proceed on an unconditional basis? | ||||||
use | No | |||||
Part 5B - Offer 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 | ||||||
quoted or recorded by ASX)? | ||||||
New class | ||||||
Details of +securities proposed to be issued | ||||||
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? | Yes | |||||
No | ||||||
ASX +security code | +Security description | |||||
New class-code to be confirmed | Listed Options (exercisable at $0.35, expiring 23 December 2023) | |||||
For | ||||||
+Security type | ||||||
Options | ||||||
The number of +securities to be offered under the +disclosure document or +PDS
9,420,290
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
Proposed issue of securities | 3 / 6 |
Proposed issue of securities
Will individual security holders be required to accept the offer for a | ||||
minimum number or value of +securities (i.e. a minimum acceptance | ||||
condition)? | ||||
No | ||||
only | Will individual security holders be limited to accepting the offer for a | |||
No | ||||
maximum number or value of +securities (i.e. a maximum acceptance | ||||
condition)? | ||||
No | ||||
Offer price details | ||||
use | Has the offer price been determined? | |||
No | ||||
How and when will the offer price be determined? | ||||
The Options are being issued for nil cash consideration, free-attaching to fully paid ordinary shares ("Shares") issued | ||||
under the placement of 28,260,870 Shares announced on 12 November 2021 ("Placement"). | ||||
personal | Will the offer price be determined by way of a bookbuild? | |||
Oversubscription & Scale back details | ||||
Will the entity be entitled to accept over-subscriptions? | ||||
No | ||||
Will a scale back be applied if the offer is over-subscribed? | ||||
No | ||||
Will all the +securities issued in this class rank equally in all respects from | ||||
their issue date? | ||||
Yes | ||||
O | tions details | |||
For | +Security currency | Exercise price | Expiry date | |
AUD - Australian Dollar | AUD 0.3500 | 23/12/2023 | ||
Details of the type of +security that will be issued if the option is exercised
AR9 : ORDINARY FULLY PAID
Number of securities that will be issued if the option is exercised
One fully paid ordinary share (ASX:AR9)
Proposed issue of securities | 4 / 6 |
Proposed issue of securities
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 the Prospectus lodged on the Company's ASX announcements platform on 17 November 2021 athttps://www2.asx.com.au/markets/company/ar9.
only | ||||
Part 5C - Timetable | ||||
5C.1 Lodgement date of +disclosure document or +PDS with ASIC | ||||
17/11/2021 | ||||
use | 5C.2 Date when +disclosure document or +PDS and acceptance forms will | |||
be made available to investors | ||||
18/11/2021 | ||||
5C.3 Offer open date | ||||
18/11/2021 | ||||
personal | 5C.4 Closing date for receipt of acceptances | |||
25/11/2021 | ||||
5C.6 Proposed +issue date | ||||
26/11/2021 | ||||
Part 5D - Listing Rule requirements | ||||
5D.1 Has the entity obtained, or is it obtaining, +security holder approval for the entire issue under listing rule 7.1? | ||||
No | ||||
5D.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 | ||||
For | 5D.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? | ||||
9,420,290 Options | ||||
5D.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
5D.2 Is a party referred to in listing rule 10.11 participating in the proposed issue? No
Proposed issue of securities | 5 / 6 |
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Archtis Ltd. published this content on 18 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 November 2021 08:11:07 UTC.