Corporate
Overview
May, 2017
$1.313m capital raise announced 25 May 2017
Underpinning continued business momentum
Rights Issue |
Placement |
Purpose |
CCP is raising approximately$795,000 by way of a non-renounceable entitlement issue of one fully paid ordinary share in CCP for every five shares held by eligible shareholders at an issue price of $0.017 per share
CCP has raised $518,895 by way of a placement on May 25 to sophisticated investors, at the Rights Issue price of $0.17 per share
Net proceeds of the Placement and Rights Issue will be used to meet continued business development and working capital requirements
The proposed timetable for the placement and rights issue is as follows:
KEY DATES DateAnnouncement Thur, 25 May
Lodgement of Prospectus Fri, 2 June
Ex Date Tues, 6 June
Record Date for Entitlements Wed, 7 June
Documents to Shareholders Thur, 8 June
Opening Date Fri, 9 June
Closing Date Wed, 21 June
Normal Trading resumes Wed, 28 June
Software
Hardware
Firmware
Outstanding Proprietary IoT Platform (paas)
International Operations
Unique "IoT as a Service" Offering
Global IoT Opportunity
Rapid Growth
Proven Committed Team
CCP Technologies Ltd. published this content on 26 May 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 05 June 2017 14:13:19 UTC.
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