Office 10 Level 8
139 Macquarie St
Sydney NSW 2000
Australia
Ph: 61 2 8231 7085 Fax: 61 2 9252 8960Company Announcements Office
Australian Stock Exchange Limited
20 Bridge Street
Sydney, NSW, 2000
Dear Sirs,
13 December 2013
Magontec Limited (Company) - Conversion of Options Issued In Terms of Renounceable Rights Prospectus Dated 23 November 2012The attached Appendix 3B records the detail of securities to be listed following the conversion of options issued as per the above Prospectus.
Yours Sincerely
John Talbot
Company Secretary
Appendix 3B
New issue announcement
Appendix 3B
Rule 2.7, 3.10.3, 3.10.4, 3.10.5
New issue announcement,
application for quotation of additional securities and agreement
Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX's property and may be made public.
Introduced 01/07/96 Origin: Appendix 5 Amended 01/07/98, 01/09/99, 01/07/00, 30/09/01, 11/03/02, 01/01/03, 24/10/05,
01/08/12
Name of entity
Magontec Limited
ABN
510 1044 1666
We (the entity) give ASX the following information.
Part 1 - All issues
You must complete the relevant sections (attach sheets if there is not enough space).
1 +Class of +securities issued or to be issued
Fully paid ordinary shares
2 Number of +securities issued or to be issued (if known) or maximum number which may be issued
7,984,778 fully paid ordinary shares
3 Principal terms of the +securities (eg, if options, exercise price and expiry date; if partly paid
+securities, the amount outstanding and due dates for payment; if +convertible securities, the conversion price and dates for conversion)
7,984,778 shares issued pursuant to shareholders exercising their right to convert options issued in terms of the Company's Prospectus dated 23
November 2012 and released to the ASX
on the same date.
+ See chapter 19 for defined terms.
Appendix 3B Page 2 01/08/2012
Appendix 3B New issue announcement
4 Do the +securities rank equally in all respects from the date of allotment with an existing +class of quoted +securities?
If the additional securities do not rank equally, please state:
the date from which they do the extent to which they participate for the next dividend, (in the case of a trust, distribution) or interest payment
the extent to which they do not rank equally, other than in relation to the next dividend, distribution or interest payment
Yes
5 Issue price or consideration 7,984,778 shares issued @ $0.02 per share
6 Purpose of the issue
(If issued as consideration for the acquisition of assets, clearly identify those assets)
An integral part of the Company's fund raising in terms of the aforesaid prospectus
6a Is the entity an +eligible entity No that has obtained security holder approval under rule 7.1A?
If Yes, complete sections 6b - 6h in relation to the +securities the subject of this Appendix 3B, and comply with section 6i
6b The date the security holder NA resolution under rule 7.1A was passed
6c Number of +securities issued NA
without security holder approval
under rule 7.1
6d Number of +securities issued NA
with security holder approval
under rule 7.1A
+ See chapter 19 for defined terms.
01/08/2012 Appendix 3B Page 3
Appendix 3B
New issue announcement
6e Number of +securities issued NA
with security holder approval
under rule 7.3, or another specific security holder approval (specify date of meeting)
6f Number of securities issued NA
under an exception in rule 7.2
6g If securities issued under rule NA
7.1A, was issue price at least
75% of 15 day VWAP as calculated under rule 7.1A.3? Include the issue date and both values. Include the source of the VWAP calculation.
6h If securities were issued under NA rule 7.1A for non-cash consideration, state date on
which valuation of consideration was released to ASX Market Announcements
6i Calculate the entity's remaining NA
issue capacity under rule 7.1 and
rule 7.1A - complete Annexure 1 and release to ASX Market Announcements
7 Dates of entering +securities into uncertificated holdings or despatch of certificates
13 December 2013
8 Number and +class of all
+securities quoted on ASX (including the securities in section 2 if applicable)
+ See chapter 19 for defined terms.
Appendix 3B Page 4 01/08/2012
9 Number and +class of all
+securities not quoted on ASX (including the securities in section 2 if applicable)
Appendix 3B New issue announcement
10 Dividend policy (in the case of a trust, distribution policy) on the increased capital (interests)
No policy exists
Part 2 - Bonus issue or pro rata issue
11 Is security holder approval NA
required?
12 Is the issue renounceable or non- NA
renounceable?
13 Ratio in which the +securities will NA
be offered
14 +Class of +securities to which the NA
offer relates
15 +Record date to determine NA
entitlements
16 Will holdings on different NA registers (or subregisters) be aggregated for calculating entitlements?
17 Policy for deciding entitlements in NA
relation to fractions
18 Names of countries in which the NA
entity has +security holders who
will not be sent new issue documents
Note: Security holders must be told how their entitlements are to be dealt with.
Cross reference: rule 7.7.
+ See chapter 19 for defined terms.
01/08/2012 Appendix 3B Page 5
Appendix3B
New issue announcement
19 Closing date far receipt
acceptances or renunciations afLI_N_A_J
+ See chapter 19 for defined terms.
Appendix 3B Page 6 01/08/2012
20 Names of any underwriters NA
Appendix 3B New issue announcement
21 Amount of any underwriting fee NA
or commission
22 Names of any brokers to the issue NA
23 Fee or commission payable to the NA
broker to the issue
24 Amount of any handling fee NA payable to brokers who lodge acceptances or renunciations on
behalf of +security holders
25 If the issue is contingent on NA
+security holders' approval, the
date of the meeting
26 Date entitlement and acceptance NA form and prospectus or Product Disclosure Statement will be sent
to persons entitled
27 If the entity has issued options, NA and the terms entitle option holders to participate on exercise,
the date on which notices will be sent to option holders
28 Date rights trading will begin (if NA
applicable)
29 Date rights trading will end (if NA
applicable)
30 How do +security holders sell NA
their entitlements in full through
a broker?
31 How do +security holders sell part NA of their entitlements through a broker and accept for the balance?
32 How do +security holders dispose NA
of their entitlements (except by
sale through a broker)?
+ See chapter 19 for defined terms.
01/08/2012 Appendix 3B Page 7
Appendix3B
New issue announcement
33 +oespatch date NA
+ See chapter 19 for defined terms.
Appendix 3B Page 8 01/08/2012
Appendix 3B New issue announcement
Part 3 - Quotation of securities
You need only complete this section if you are applying for quotation of securities
34 Type of securities
(tick one)
(a)