Proposed issue of securities
Announcement Summary | ||||
only | Entity name | |||
CARBONXT GROUP LIMITED | ||||
Announcement Type | ||||
New announcement | ||||
Date of this announcement | ||||
29/7/2022 | ||||
use | The Proposed issue is: | |||
An accelerated offer | ||||
Total number of +securities proposed to be issued for an accelerated offer | ||||
ASX +security code | +Security description | |||
CG1 | ORDINARY FULLY PAID | |||
personalFor | Trading resumes on an ex-entitlement basis (ex date) | |||
2/8/2022 |
+Record date 2/8/2022
Offer closing date for retail +security holders 2/9/2022
Issue date for retail +security holders 9/9/2022
Refer to next page for full details of the announcement
Proposed issue of securities | 1 / 7 |
Maximum Number of +securities to be issued
47,366,776
Proposed issue of securities
Part 1 - Entity and announcement details
For personal use only
1.1 Name of +Entity
CARBONXT GROUP 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 | 59097247464 | |
1.3 | ASX issuer code | |
CG1 |
- The announcement is New announcement
- Date of this announcement
29/7/2022
1.6 The Proposed issue is: An accelerated offer
1.6b The proposed accelerated offer is
Accelerated non-renounceable entitlement offer (commonly known as a JUMBO or ANREO)
Proposed issue of securities | 2 / 7 |
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 | ||||
CG1 : 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 | No | 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 | ||||
CG1 : ORDINARY FULLY PAID | ||||
For | ISIN Code (if Issuer is a foreign company and +securities are non CDIs) | |||
ISIN Code for the entitlement or right to participate in the offer (if Issuer is | ||||
foreign company and +securities are non CDIs)
Offer ratio (ratio to existing holdings at which the proposed +securities will be issued)
Has the offer ratio been determined?
Yes
The quantity of additional +securities For a given quantity of +securities
Proposed issue of securities | 3 / 7 |
Proposed issue of securities
to be issued | held |
1 | 4 |
For personal use only
What will be done with fractional | Maximum number of +securities |
entitlements? | proposed to be issued (subject to |
rounding) | |
Fractions rounded up to the next | 47,366,776 |
whole number |
Offer price details for retail security holders
Has the offer price for the retail offer been determined?
Yes
In what currency will the offer be | What is the offer price per +security |
made? | for the retail offer? |
AUD - Australian Dollar | AUD 0.14000 |
Offer price details for institutional security holders
Has the offer price for the institutional offer been determined?
Yes
In what currency will the offer be | What is the offer price per +security |
made? | for the institutional offer? |
AUD 0.14000 | |
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
Any Additional New Shares will be limited to the extent that there are sufficient New Shares from Eligible Shareholders who do not take up their full Entitlements. Subject to the foregoing, CG1 may apply any scale-back (in its absolute discretion).
Will a scale back be applied if the offer is over-subscribed?
Yes
Describe the scale back arrangements
In the event of a scale-back, the difference between the Application Monies received, and the number of Additional New Shares allocated to you multiplied by the offer price of $[#] will be refunded following allotment. No interest will be paid on any Application Monies received and returned
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 / 7 |
Proposed issue of securities
Part 3D - Timetable
For personal use only
3D.1a First day of trading halt
29/7/2022
3D.1b Announcement date of accelerated offer
29/7/2022
3D.2 Trading resumes on an ex-entitlement basis (ex date)
2/8/2022
3D.5 Date offer will be made to eligible institutional +security holders
29/7/2022
3D.6 Application closing date for institutional +security holders
29/7/2022
3D.8 Announcement of results of institutional offer
(The announcement should be made before the resumption of trading following the trading halt)
2/8/2022
3D.9 +Record date
2/8/2022
3D.10a Settlement date of new +securities issued under institutional entitlement offer
9/8/2022
3D.10b +Issue date for institutional +security holders
10/8/2022
3D.10c Normal trading of new +securities issued under institutional entitlement offer
10/8/2022
3D.11 Date on which offer documents will be sent to retail +security holders entitled to participate in the +pro rata issue
5/8/2022
3D.12 Offer closing date for retail +security holders
2/9/2022
3D.13 Last day to extend retail offer close date
30/8/2022
Proposed issue of securities | 5 / 7 |
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Carbonxt Group Ltd published this content on 29 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 July 2022 03:43:07 UTC.