Proposed issue of securitiesAnnouncement Summary
Entity name
For personal use only
VOLT POWER GROUP LIMITED
Announcement Type
New announcement
Date of this announcement 11/4/2022
The Proposed issue is:
A placement or other type of issue
Total number of +securities proposed to be issued for a placement or other type of issue
Proposed +issue date 11/4/2022
Refer to next page for full details of the announcementProposed issue of securities
1 / 8
Proposed issue of securities
Part 1 - Entity and announcement details
1.1 Name of +Entity
VOLT POWER GROUP LIMITED
For personal use only
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 ABN
Registration Number 62009423189
1.3 ASX issuer code VPR
1.4 The announcement isNew announcement
1.5 Date of this announcement 11/4/2022
1.6 The Proposed issue is:
A placement or other type of issue
Proposed issue of securities
2 / 8
Proposed issue of securitiesPart 7 - Details of proposed placement or other issue
For personal use only
Part 7A - Conditions
7A.1 Do any external approvals need to be obtained or other conditions satisfied before the placement or other type of issue can proceed on an unconditional basis?
No
Part 7B - Issue details
Is the proposed security a 'New class' (+securities in a class that is not yet quoted or recorded by ASX) or an 'Existing class' (additional securities in a class that is already quoted or recorded by ASX)?
New class
Details of +securities proposed to be issued
Will the proposed issue of this +security include an offer of attaching +securities?
No
ISIN Code (if Issuer is a foreign company and +securities are non CDIs)Have you received confirmation from Will the entity be seeking quotationASX that the terms of the proposed +securities are appropriate and equitable under listing rule 6.1?
No
ASX +security code
New class-code to be confirmed
Unlisted Options
+Security type
Options
of the 'new' class of +securities on ASX?
No
+Security description
Number of +securities proposed to be issued 60,000,000
Offer price details
Are the +securities proposed to be issued being issued for a cash consideration?
No
Please describe the consideration being provided for the +securities
Proposed issue of securities
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Proposed issue of securities
Please describe the consideration being provided for the +securities
Proposed Issue to newly appointed director as part of his appointment.
Please provide an estimate of the AUD equivalent of the consideration being provided for the +securities
81,079.000000
For personal use only
Will all the +securities issued in this class rank equally in all respects from their issue date?
Yes
Options details
+Security currency | Exercise price | Expiry date |
AUD - Australian Dollar | AUD 0.0040 | 11/4/2024 |
Details of the type of +security that will be issued if the option is exercised VPR : ORDINARY FULLY PAID
Number of securities that will be issued if the option is exercised 60000000
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.
Separate announcement lodged by the Company on 11 April 2022
Is the proposed security a 'New class' (+securities in a class that is not yet quoted or recorded by ASX) or an 'Existing class' (additional securities in a class that is already quoted or recorded by ASX)?
Will the proposed issue of this +security include an offer of attaching +securities?
No
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 quotationASX that the terms of the proposed +securities are appropriate and equitable under listing rule 6.1?
of the 'new' class of +securities on ASX?
No
No
ASX +security code
+Security description
New class-code to be confirmed
Unlisted Options
Proposed issue of securities
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Proposed issue of securities
+Security type
Options
Number of +securities proposed to be issued
60,000,000
For personal use only
Offer price details
Are the +securities proposed to be issued being issued for a cash consideration?
No
Please describe the consideration being provided for the +securities
Proposed Issue to newly appointed director as part of his appointment.
Please provide an estimate of the AUD equivalent of the consideration being provided for the +securities
48,899.000000
Will all the +securities issued in this class rank equally in all respects from their issue date?
Yes
Options details
+Security currency | Exercise price | Expiry date |
AUD - Australian Dollar | AUD 0.0043 | 11/4/2025 |
Details of the type of +security that will be issued if the option is exercised VPR : ORDINARY FULLY PAID
Number of securities that will be issued if the option is exercised 60000000
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.
Separate announcement lodged by the Company on 11 April 2022
Is the proposed security a 'New class' (+securities in a class that is not yet quoted or recorded by ASX) or an 'Existing class' (additional securities in a class that is already quoted or recorded by ASX)?
Will the proposed issue of this +security include an offer of attaching +securities?
No
New class
Proposed issue of securities
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Volt Power Group Ltd. published this content on 10 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 April 2022 23:08:10 UTC.