QUICKSTEP HOLDINGS LIMITED • Tel: +61 2 9774 0300
• Fax: +61 2 9771 0256
•Email: info@quickstep.com.au
Web: www.quickstep.com.au
2 November 2015
Company Announcements Office ASX Limited
Exchange Centre
Level 4, 20 Bridge Street
SYDNEY NSW 2000
REPLACEMENT APPENDIX 3B
The enclosed Appendix 3B replaces the Appendix 3B lodged earlier today for the issue of 33,333,333 fully paid ordinary shares in Quickstep Holdings Limited (Placement Shares) upon settlement of the placement to a strategic investor (Placement) outlined in Quickstep's announcement to ASX on Tuesday, 27 October 2015.
Signed for and on behalf of Quickstep
Jaime Pinto Company Secretary
Rule 2.7, 3.10.3, 3.10.4, 3.10.5
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
Quickstep Holdings Limited (Quickstep)
ABN
55 096 268 156
We (the entity) give ASX the following information.
You must complete the relevant sections (attach sheets if there is not enough space).
Fully paid ordinary shares in the capital of Quickstep (Ordinary Shares).
1 +Class of +securities issued or to be issued
33,333,333 Ordinary Shares pursuant to a placement to a strategic investor announced on 27 October 2015 (Placement).
Number of +securities issued or to be issued (if known) or maximum number which may be issued
The same as the terms of existing Ordinary Shares.
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)
+ See chapter 19 for defined terms.
04/03/2013 Appendix 3B Page 1
Appendix 3B New issue announcementYes.
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
$0.15 per Ordinary Share.
Issue price or consideration
The Ordinary Shares are being issued pursuant to the Placement to raise a total of
$5 million before costs. In addition, a fully underwritten 1 for 3.3 Entitlement Offer was announced on 27 October 2015 and will raise a further approximately $17 million before costs (subject to rounding of entitlements) (Entitlement Offer).
The purpose of the Placement and Entitlement Offer is to:
fund capital expenditure associated with the forward C‐130J and JSF sales pipeline;
strengthen Quickstep's balance sheet by reducing short term debt by $5 million;
enable Quickstep's technology development program to be accelerated;
fund the set‐up of Quickstep's new Research & Development facility at Waurn Ponds; and
continue to commercialise the application of Quickstep's existing technologies in the Quickstep Automotive and Quickstep Aerospace divisions.
Purpose of the issue
(If issued as consideration for the acquisition of assets, clearly identify those assets)
+ See chapter 19 for defined terms.
Appendix 3B Page 2 04/03/2013
Yes.
6aIs 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
Appendix 3B New issue announcement20 November 2014.
6b The date the security holder resolution under rule 7.1A was passed
Nil
6c Number of +securities issued without security holder approval under rule 7.1
33,333,333
6d Number of +securities issued with security holder approval under rule 7.1A
Nil.
6e Number of +securities issued with security holder approval under rule 7.3, or another specific security holder approval (specify date of meeting)
Nil.
6f Number of +securities issued under an exception in rule 7.2
Yes.
Issue price ‐ $0.15
15 day VWAP as at date price agreed (27 October 2015) - $0.194 (calculated up to and including 23 October 2015, the trading day before Quickstep went into trading halt while it conducted the Placement).
Issue date - 2 November 2015 (within 5 trading days of setting the price).
VWAP calculated by Quickstep based on IRESS data.
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.
Not applicable.
6h If +securities were issued under rule 7.1A for non‐cash consideration, state date on which valuation of consideration was released to ASX Market Announcements
+ See chapter 19 for defined terms.
04/03/2013 Appendix 3B Page 3
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