Proposed issue of securities
Announcement Summary
For personal use only
Entity name
ICETANA LIMITED
Announcement Type
New announcement
Date of this announcement
8/12/2021
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
Maximum Number of | ||
ASX +security code | +Security description | +securities to be issued |
New class-code to be | Unquoted option, Ex $0.15 each, expiring 24 months after | 16,875,000 |
confirmed | the date of issue | |
New class-code to be | Unquoted option, Ex $0.15 each, expiring 24 months after | 5,000,000 |
confirmed | the date of issue | |
ICE | ORDINARY FULLY PAID | 33,750,000 |
Proposed +issue date 14/12/2021
Refer to next page for full details of the announcement
Proposed issue of securities | 1 / 8 |
Proposed issue of securities
Part 1 - Entity and announcement details
For personal use only
1.1 Name of +Entity
ICETANA LIMITED
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 | Registration Number |
ABN | 90140449725 | |
1.3 | ASX issuer code | |
ICE | ||
1.4 The announcement is | ||
New announcement | ||
1.5 | Date of this announcement | |
8/12/2021 | ||
1.6 | The Proposed issue is: | |
A placement or other type of issue |
Proposed issue of securities | 2 / 8 |
Proposed issue of securities
Part 7 - Details of proposed placement or other issue
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? | ||||
Yes | ||||
use | 7A.1a Conditions | |||
Approval/Condition | Date for determination | Is the date estimated or | ** Approval | |
+Security holder approval | 31/1/2022 | actual? | received/condition met? | |
Estimated | ||||
No |
Comments
- The Company will seek shareholder approval to issue up to 16,875,000 unquoted options to subscribers under the Placement on the basis of 1 attaching option for every two shares issued under the Placement. The Options will be unquoted options with an exercise price of 15 cents each and an expiry date 24 months after the date of issue.
- The Company will seek shareholder approval to issue up to 5,000,000 unquoted options with an exercise price of 15 cents each with an expiry date 24 months after the date of issue to Sequoia Corporate Finance Pty Ltd as partial consideration for lead manager services provided to the Company.
personal | ||
Existing class | ||
Part 7B - Issue details | ||
Is the proposed security a 'New | Will the proposed issue of this | |
class' (+securities in a class that is | +security include an offer of | |
not yet quoted or recorded by ASX) | attaching +securities? | |
or an 'Existing class' (additional | Yes | |
securities in a class that is already | ||
For | quoted or recorded by ASX)? | |
Details of +securities proposed to be issued |
ASX +security code and description
ICE : ORDINARY FULLY PAID
Number of +securities proposed to be issued 33,750,000
Offer price details
Proposed issue of securities | 3 / 8 |
Proposed issue of securities
Are the +securities proposed to be issued being issued for a cash consideration?
Yes
In what currency is the cash consideration being paid?
What is the issue price per +security?
AUD - Australian Dollar | AUD 0.08000 |
only | Will these +securities rank equally in all respects from their issue date with | ||||
the existing issued +securities in that class? | |||||
use | Yes | ||||
Attaching +Security | |||||
Is the proposed attaching 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)? | |||||
personal | Is the proposed security a 'New | Will the proposed issue of this | |||
class' (+securities in a class that is | +security include an offer of | ||||
not yet quoted or recorded by ASX) | attaching +securities? | ||||
or an 'Existing class' (additional | No | ||||
securities in a class that is already | |||||
quoted or recorded by ASX)? | |||||
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 quotation | ||||
ASX that the terms of the proposed | of the 'new' class of +securities on | ||||
+securities are appropriate and | ASX? | ||||
equitable under listing rule 6.1? | No | ||||
For | No | ||||
ASX +security code | +Security description | ||||
New class-code to be confirmed | Unquoted option, Ex $0.15 each, expiring 24 months after the date of issue | ||||
+Security type | |||||
Options | |||||
Number of +securities proposed to be issued | |||||
16,875,000 | |||||
Offer price details | |||||
Proposed issue of securities | 4 / 8 |
Proposed issue of securities
Are the +securities proposed to be issued being issued for a cash consideration?
No
Please describe the consideration being provided for the +securities
16,875,000 Options will be issued (subject to shareholder approval) as attaching options under the Placement on a 1
only | option : 2 shares basis | ||||
Yes | |||||
Please provide an estimate of the AUD equivalent of the consideration being | |||||
provided for the +securities | |||||
Will all the +securities issued in this class rank equally in all respects from | |||||
use | their issue date? | ||||
Options details | |||||
+Security currency | Exercise price | Expiry date | |||
personal | AUD - Australian Dollar | AUD 0.1500 | 31/1/2024 | ||
Details of the type of +security that will be issued if the option is exercised | |||||
ICE : ORDINARY FULLY PAID | |||||
Number of securities that will be issued if the option is exercised | |||||
1 | |||||
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. | |||||
Is the proposed security a 'New | Will the proposed issue of this | ||||
class' (+securities in a class that is | +security include an offer of | ||||
For | not yet quoted or recorded by ASX) | attaching +securities? | |||
or an 'Existing class' (additional | No | ||||
securities in a class that is already | |||||
quoted or recorded by ASX)? 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 ASX that the terms of the proposed
Will the entity be seeking quotation of the 'new' class of +securities on
Proposed issue of securities | 5 / 8 |
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iCetana Ltd. published this content on 07 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 December 2021 22:51:01 UTC.