ASX Announcement
4 December 2019
ASX:TEG
Appendix 3B
Triangle Energy (Global) Limited (ASX: TEG) (Triangle or the Company) refers to its announcement of 2 December 2019 in relation to the results of its pro-ratanon-renounceable entitlement offer (Entitlement Offer) to eligible shareholders of quoted options in the Company at an issue price of $0.001 each and on the basis of 1 new quoted option (Option) for every 5 shares held on the record date.
In accordance with the timetable, the Company now provides the Appendix 3B for the issue and allotment of the Options
Released by the Company Secretary on behalf of the Board.
ENDS
For more information: | |
Mr Robert Towner | Mrs Lucy Rowe |
Managing Director | Company Secretary |
E:rtowner@triangleenergy.com.au | E: lrowe@triangleenergy.com.au |
Ph: +61 8 9219 7111 | Ph: +61 8 9219 7111 |
General Shareholder Enquiries: | info@triangleenergy.com.au |
About Triangle Energy (Global) Ltd
Triangle Energy (Global) Ltd is an ASX listed (ASX:TEG) oil producer and explorer based in Perth, Western Australia. The Company has a 78.75% interest in, and is Operator of, the producing Cliff Head Oil Field, which includes the Arrowsmith Stabilisation Plant. Triangle also has a 50% share of the Mt Horner L7 production licence and a 45% share of the Xanadu-1 Joint Venture, both located in the Perth Basin. Triangle also has a substantial equity interest in State Gas Ltd (ASX:GAS), which has an 80% operating interest in the Reids Dome production licence (PL 231) in Queensland. The Company continues to assess acquisition prospects to expand its portfolio of assets.
Triangle Energy (Global) Limited ABN 52 110 411 428triangleenergy.com.au
Suite 2, 100 Havelock St, West Perth WA 6005 | PO Box 51 West Perth WA 6905 Australia
- +61 8 9219 7111
Appendix 3B
New issue announcement
Rule 2.7, 3.10.3, 3.10.4, 3.10.5
Appendix 3B
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, 04/03/13
Name of entity
Triangle Energy (Global) Limited
ACN
110 411 428
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).
- +Class of +securities issued or to be issued
- Number of +securities issued or to be issued (if known) or maximum number which may be issued
Quoted Options
47,576,398
3 Principal terms of the +securities (e.g. 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)
Quoted Options with an exercise price of $0.12 each and expiry date of 30 September 2020
+ See chapter 19 for defined terms.
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4 Do the +securities rank equally in all respects from the +issue date 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
No, however shares issued upon exercise of Quoted Options will rank equally in all respects with fully paid ordinary shares on issue.
- Issue price or consideration
-
Purpose of the issue
(If issued as consideration for the acquisition of assets, clearly identify those assets)
6a Is the entity an +eligible entity 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 resolution under rule 7.1A was passed
$0.001
Quoted Options issued on completion of Non-Renounceable Entitlement Offer - see Prospectus dated 7 November 2019 and announcement dated 2 December 2019
Yes
19 November 2019 (approved at 2019 AGM)
6c | Number of +securities issued | Nil |
without security holder approval | ||
under rule 7.1 |
+ See chapter 19 for defined terms.
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6d Number of +securities issued Nil with security holder approval under rule 7.1A
6e Number of +securities issued Nil with security holder approval under rule 7.3, or another specific security holder approval (specify date of meeting)
6f Number of +securities issued under an exception in rule 7.2
6g If +securities issued under rule 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.
47,576,398 (Exception 1)
N/A
6h | If +securities were issued under | N/A | ||||
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 | |||||
Refer to Annexure 1 | ||||||
issue capacity under rule 7.1 and | ||||||
rule 7.1A - complete Annexure 1 | ||||||
and release to ASX Market | ||||||
Announcements | ||||||
7 | +Issue dates | |||||
4 December 2019 |
Note: The issue date may be prescribed by ASX (refer to the definition of issue date in rule 19.12). For example, the issue date for a pro rata entitlement issue must comply with the applicable timetable in Appendix 7A.
Cross reference: item 33 of Appendix 3B.
8 Number and +class of all
+securities quoted on ASX (including the +securities in section 2 if applicable)
Number | +Class | |
360,753,682 | Ordinary shares | |
47,576,398 | Quoted | Options |
exercisable | at $0.12 | |
each and | expiring | |
30 September 2020 | ||
+ See chapter 19 for defined terms.
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+ See chapter 19 for defined terms.
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9 Number and +class of all
+securities not quoted on ASX (including the +securities in section 2 if applicable)
10 Dividend policy (in the case of a trust, distribution policy) on the increased capital (interests)
Number | +Class | |||||
400,000 | Unlisted | |||||
Performance | Shares | |||||
subject | to | certain | ||||
performance | criteria | |||||
per | the | Company's | ||||
notice | of | meeting | ||||
dated | 27 October | |||||
2017 | ||||||
11,155,908 | Unlisted | Options | ||||
exercisable | at | $0.15 | ||||
each | expiring | on | ||||
19 January 2020 | ||||||
1,803,768 | Unlisted | Options | ||||
exercisable | at | $0.10 | ||||
each | expiring on 6 | |||||
November | 2021 | (24 | ||||
months from date of | ||||||
issue). | ||||||
N/A | ||||||
Part 2 - Pro rata issue
11 | Is security holder approval | No |
required? | ||
12 | Is the issue renounceable or non- | |
Non-renounceable | ||
renounceable? | ||
13 | Ratio in which the +securities | |
1 for 5 | ||
will be offered | ||
14 | +Class of +securities to which the | |
Quoted Options | ||
offer relates |
15 +Record date to determine 13 November 2019 entitlements
- See chapter 19 for defined terms.
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16 Will holdings on different Yes registers (or subregisters) be aggregated for calculating entitlements?
- Policy for deciding entitlements in relation to fractions
- Names of countries in which the entity has security holders who will not be sent new offer documents
Note: Security holders must be told how their entitlements are to be dealt with.
Cross reference: rule 7.7.
Round down
All countries other than Australia and New Zealand
- Closing date for receipt of acceptances or renunciations
- Names of any underwriters
- Amount of any underwriting fee or commission
- Names of any brokers to the issue
- Fee or commission payable to the broker to the issue
- Amount of any handling fee payable to brokers who lodge acceptances or renunciations on behalf of security holders
- If the issue is contingent on security holders' approval, the date of the meeting
- Date entitlement and acceptance form and offer documents will be sent to persons entitled
27 November 2019
N/A
N/A
N/A
N/A
N/A
N/A
18 November 2019
+ See chapter 19 for defined terms.
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27 | If the entity has issued options, | 8 November 2019 |
and the terms entitle option | ||
holders to participate on | ||
exercise, the date on which | ||
notices will be sent to option | ||
holders |
- Date rights trading will begin (if applicable)
- Date rights trading will end (if applicable)
- How do security holders sell their entitlements in full through a broker?
N/A
N/A
N/A
31 | How do security holders sell part | N/A |
of their entitlements through a | ||
broker and accept for the | ||
balance? | ||
32 | How do security holders dispose | |
N/A | ||
of their entitlements (except by | ||
sale through a broker)? | ||
33 | +Issue date | |
4 December 2019 | ||
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) | +Securities described in Part 1 |
- All other +securities
Example: restricted securities at the end of the escrowed period, partly paid securities that become fully paid, employee incentive share securities when restriction ends, securities issued on expiry or conversion of convertible securities
Entities that have ticked box 34(a)
+ See chapter 19 for defined terms.
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Additional securities forming a new class of securities
Tick to indicate you are providing the information or documents
- If the +securities are +equity securities, the names of the 20 largest holders of the additional +securities, and the number and percentage of additional +securities held by those holders
- If the +securities are +equity securities, a distribution schedule of the additional +securities setting out the number of holders in the categories
1 - 1,000
1,001 - 5,000
5,001 - 10,000
10,001 - 100,000
100,001 and over
37 | A copy of any trust deed for the additional +securities | |
+ See chapter 19 for defined terms.
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Entities that have ticked box 34(b)
-
Number of +securities for which
+quotation is sought - +Class of +securities for which quotation is sought
- Do the +securities rank equally in all respects from the +issue date 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
- Reason for request for quotation now
Example: In the case of restricted securities, end of restriction period
(if issued upon conversion of another +security, clearly identify that other +security)
42 Number and +class of all
+securities quoted on ASX (including the +securities in clause 38)
N/A
N/A
N/A
N/A
Number+Class
N/A
+ See chapter 19 for defined terms.
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Quotation agreement
1 | +Quotation of our additional +securities is in ASX's absolute discretion. ASX |
may quote the +securities on any conditions it decides. |
2 We warrant the following to ASX.
- The issue of the +securities to be quoted complies with the law and is not for an illegal purpose.
- There is no reason why those +securities should not be granted +quotation.
- An offer of the +securities for sale within 12 months after their issue will not require disclosure under section 707(3) or section 1012C(6) of the Corporations Act.
Note: An entity may need to obtain appropriate warranties from subscribers for the securities in order to be able to give this warranty
- Section 724 or section 1016E of the Corporations Act does not apply to any applications received by us in relation to any +securities to be quoted and that no-one has any right to return any +securities to be quoted under sections 737, 738 or 1016F of the Corporations Act at the time that we request that the +securities be quoted.
- If we are a trust, we warrant that no person has the right to return the +securities to be quoted under section 1019B of the Corporations Act at the time that we request that the +securities be quoted.
- We will indemnify ASX to the fullest extent permitted by law in respect of any claim, action or expense arising from or connected with any breach of the warranties in this agreement.
- We give ASX the information and documents required by this form. If any information or document is not available now, we will give it to ASX before +quotation of the +securities begins. We acknowledge that ASX is relying on the information and documents. We warrant that they are (will be) true and complete.
Sign here: | .................................... Date: 4 December 2019. |
(Company Secretary) | |
Print name: | Lucy Rowe |
== == == == == |
+ See chapter 19 for defined terms.
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Appendix 3B - Annexure 1
Calculation of placement capacity under rule 7.1 and rule 7.1A for eligible entities
Introduced 01/08/12 Amended 04/03/13
Part 1
Rule 7.1 - Issues exceeding 15% of capital
Step 1: Calculate "A", the base figure from which the placement capacity is calculated
Insert number of fully paid +ordinary | 237,398,173 |
securities on issue 12 months before the | |
+issue date or agreement to issue | |
Add the following: | |
• Number of fully paid +ordinary securities | 11,191,052 (24 December 2018) |
issued in that 12 month period under an | |
exception in rule 7.2 | 58,164,457 (24 December 2018) |
• Number of fully paid +ordinary securities | 6,000,000 (1 April 2019) |
issued in that 12 month period with | |
shareholder approval | 37,935,524 (11 September 2019) |
• Number of partly paid +ordinary | 10,064,476 (11 September 2019) |
securities that became fully paid in that | |
12 month period | |
Note: | |
• Include only ordinary securities here - | |
other classes of equity securities cannot | |
be added | |
• Include here (if applicable) the securities | |
the subject of the Appendix 3B to which | |
this form is annexed | |
• It may be useful to set out issues of | |
securities on different dates as separate | |
line items | |
Subtract the number of fully paid ordinary | Nil |
securities cancelled during that 12 month | |
period | |
"A" | 360,753,682 |
+ See chapter 19 for defined terms.
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Step 2: Calculate 15% of "A"
"B" | 0.15 |
[Note: this value cannot be changed] | |
Multiply "A" by 0.15 | 54,113,052 |
Step 3: Calculate "C", the amount of placement capacity under rule 7.1 that has already been used
Insert number of +equity securities issued | 1,803,768 (6 November 2019) |
or agreed to be issued in that 12 month | |
period not counting those issued: | |
• Under an exception in rule 7.2 | |
• Under rule 7.1A | |
• With security holder approval under rule | |
7.1 or rule 7.4 | |
Note: | |
• This applies to equity securities, unless | |
specifically excluded - not just ordinary | |
securities | |
• Include here (if applicable ) the | |
securities the subject of the Appendix | |
3B to which this form is annexed | |
• It may be useful to set out issues of | |
securities on different dates as separate | |
line items | |
"C" | 1,803,768 |
Step 4: Subtract "C" from ["A" x "B"] to calculate remaining placement capacity under rule 7.1
"A" x 0.15 | 54,113,052 |
Note: number must be same as shown in | |
Step 2 | |
Subtract "C" | 1,803,768 |
Note: number must be same as shown in | |
Step 3 | |
Total ["A" x 0.15] - "C" | 52,309,284 |
[Note: this is the remaining placement | |
capacity under rule 7.1] | |
+ See chapter 19 for defined terms.
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Part 2
Rule 7.1A - Additional placement capacity for eligible entities
Step 1: Calculate "A", the base figure from which the placement capacity is calculated
"A" | 360,753,682 |
Note: number must be same as shown in | |
Step 1 of Part 1 | |
Step 2: Calculate 10% of "A" | |
"D" | 0.10 |
Note: this value cannot be changed | |
Multiply "A" by 0.10 | 36,075,368 |
Step 3: Calculate "E", the amount of placement capacity under rule 7.1A that has already been used
Insert number of +equity securities issued or agreed to be issued in that 12 month period under rule 7.1A
Notes:Nil
- This applies to equity securities - not just ordinary securities
- Include here - if applicable - the securities the subject of the Appendix 3B to which this form is annexed
- Do not include equity securities issued under rule 7.1 (they must be dealt with in Part 1), or for which specific security holder approval has been obtained
- It may be useful to set out issues of securities on different dates as separate line items
"E"Nil
+ See chapter 19 for defined terms.
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Step 4: Subtract "E" from ["A" x "D"] to calculate remaining placement capacity under rule 7.1A
"A" x 0.10 | 36,075,368 |
Note: number must be same as shown in | |
Step 2 | |
Subtract "E" | Nil |
Note: number must be same as shown in | |
Step 3 | |
Total ["A" x 0.10] - "E" | 36,075,368 |
Note: this is the remaining placement | |
capacity under rule 7.1A | |
+ See chapter 19 for defined terms.
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1300 288 664 (within australia) | Level 5, 126 Phillip Street, | |
+61 2 9698 5414 (international) | Sydney NSW 2000 | |
ABN: 27 152 260 814 | hello@automic.com.au | GPO Box 5193, |
www.automic.com.au | ||
Sydney NSW 2001 | ||
Top Holders Grouped Report
Triangle Energy (Global) Limited
Security Class(es): TEGO - OPTIONS @ $0.12 EXP 30/09/2020
Display Top: 20 | As at Date: 04-Dec-2019 | |||||
Position | Holder Name | Holding | % IC | |||
1 | TAMARIND RESOURCES PTE LTD | 10,039,115 | 21.10% | |||
2 | BNP PARIBAS NOMS PTY LTD | 2,520,000 | 5.30% | |||
3 | MR DARREN MICHAEL BROMLEY | 2,406,846 | 5.06% | |||
4 | SOCHRASTEM SAS | 2,215,384 | 4.66% | |||
5 | JARRAD STREET CORPORATE PTY LTD | 1,760,000 | 3.70% | |||
6 | WHITEBARK ENERGY LIMITED | 1,625,397 | 3.42% | |||
7 | MR MICHAEL ARNETT | 1,520,000 | 3.19% | |||
8 | MR DARREN JOHN HALL | 1,121,350 | 2.36% | |||
9 | Austin 4 Pty Ltd | 836,717 | 1.76% | |||
10 | MR ROBERT TOWNER | 813,290 | 1.71% | |||
11 | J P MORGAN NOMINEES AUSTRALIA PTY LIMITED | 800,050 | 1.68% | |||
MR REX ALEXANDER HOOD & | ||||||
12 | MRS JANE FRANCES HOOD | 795,486 | 1.67% | |||
13 | MR JOHN PHILIP DANIELS | 783,239 | 1.65% | |||
Sydney | Perth | Melbourne | ||||
Level 5 | Level 2 | Level 12 | ||||
126 Phillip Street | 267 St Georges Terrace | 575 Bourke Street | ||||
Sydney NSW 2000 | Perth WA 6000 | Melbourne VIC 3000 | ||||
1300 288 664 (within australia) | Level 5, 126 Phillip Street, | |||
+61 2 9698 5414 (international) | Sydney NSW 2000 | |||
ABN: 27 152 260 814 | hello@automic.com.au | GPO Box 5193, | ||
www.automic.com.au | ||||
Sydney NSW 2001 | ||||
Position | Holder Name | Holding | % IC |
14
15
16
17
18
19
20
MR ROBERT EDGAR THOMAS TOWNER
DOUBLE EAGLE PTY LTD
ANISIMOFF SUPER FUND PTY LIMITEDMR DARREN JOHN HALL
NAVIGATOR AUSTRALIA LTD MAYBURYS PTY LTDMICLON PTY LTD
760,0001.60%
741,1391.56%
730,5781.54%
645,0591.36%
566,0001.19%
536,6521.13%
517,8261.09%
TOTALS | 31,734,128 | 66.70% |
Total Issued Capital | 47,576,398 | 100.00% |
Holding is aggregated over a shareholder group
Report generated on 04-Dec-2019 at 09:11 AM
Sydney | Perth | Melbourne |
Level 5 | Level 2 | Level 12 |
126 Phillip Street | 267 St Georges Terrace | 575 Bourke Street |
Sydney NSW 2000 | Perth WA 6000 | Melbourne VIC 3000 |
1300 288 664 (within australia) | Level 5, 126 Phillip Street, | |
+61 2 9698 5414 (international) | Sydney NSW 2000 | |
ABN: 27 152 260 814 | hello@automic.com.au | GPO Box 5193, |
www.automic.com.au | ||
Sydney NSW 2001 | ||
Holdings Range Report
Triangle Energy (Global) Limited
Security Class(es): TEGO - OPTIONS @ $0.12 EXP 30/09/2020 | As at Date: 04-Dec-2019 | |||
Holding Ranges | Holders | Total Units | % Issued Share Capital | |
1 - 1,000 | 16 | 6,202 | 0.01% | |
1,001 | - 5,000 | 41 | 116,777 | 0.25% |
5,001 | - 10,000 | 23 | 196,096 | 0.41% |
10,001 - 100,000 | 153 | 6,048,687 | 12.71% | |
100,001 - 9,999,999,999 | 68 | 41,208,636 | 86.62% | |
TOTALS | 301 | 47,576,398 | 100.00% |
Report generated on 04-Dec-2019 at 09:12 AM
Sydney | Perth | Melbourne |
Level 5 | Level 2 | Level 12 |
126 Phillip Street | 267 St Georges Terrace | 575 Bourke Street |
Sydney NSW 2000 | Perth WA 6000 | Melbourne VIC 3000 |
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Triangle Energy (Global) Limited published this content on 04 December 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 December 2019 01:27:08 UTC