IVX.AX
Proposed issue of securities
Announcement Summary
For personal use only
Entity name
INVION LIMITED
Announcement Type
New announcement
Date of this announcement
25/11/2021
The Proposed issue is:
A non pro rata offer of securities under a disclosure document or product disclosure statement (PDS)
Total number of +securities proposed to be issued for a non pro rata offer of securities under a disclosure document or product disclosure statement (PDS)
Maximum Number of
ASX +security code
+Security description
+securities to be issued
New class-code to be
Listed Options exercisable at $0.04 expiring 18 months from
30000000
confirmed
date of issue
Closing date for receipt of acceptances
10/12/2021
Proposed +issue date
14/12/2021
Refer to next page for full details of the announcement
Proposed issue of securities
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Proposed issue of securities
Part 1 - Entity and announcement details
For personal use only
1.1 Name of +Entity
INVION 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
76094730417
1.3
ASX issuer code
IVX
1.4 The announcement is
New announcement
1.5
Date of this announcement
25/11/2021
1.6 The Proposed issue is:
A non-+pro rata offer of +securities under a +disclosure document or +PDS
Proposed issue of securities
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Proposed issue of securities
Part 5 - Details of proposed non-pro rata offer under a disclosure document or PDS
only
Part 5A - Conditions
5A.1 Do any external approvals need to be obtained or other conditions satisfied before the non-pro rata offer of
+securities under a +disclosure document or + PDS can proceed on an unconditional basis?
use
No
Part 5B - Offer 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?
personal
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?
Yes
No
ASX +security code
+Security description
New class-code to be confirmed
Listed Options exercisable at $0.04 expiring 18 months from date of issue
For
+Security type
Options
The number of +securities to be offered under the +disclosure document or +PDS
30,000,000
Will the offer be conditional on applications for a minimum number of +securities being received or a minimum amount being raised (i.e. a minimum subscription condition)?
No
Proposed issue of securities
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Proposed issue of securities
Will individual security holders be required to accept the offer for a minimum number or value of +securities (i.e. a minimum acceptance condition)?
No
only
Will individual security holders be limited to accepting the offer for a
maximum number or value of +securities (i.e. a maximum acceptance
condition)?
Yes
Is the maximum acceptance unit based or dollar based?
Unit based
Please enter the maximum acceptance value
use
30,000,000
Offer price details
Has the offer price been determined?
No
How and when will the offer price be determined?
personal
Nil consideration for the acquisition of the options
Will the offer price be determined by way of a bookbuild?
No
Oversubscription & Scale back details
Will the entity be entitled to accept over-subscriptions?
No
Will a scale back be applied if the offer is over-subscribed?
No
Will all the +securities issued in this class rank equally in all respects from
their issue date?
For
Yes
Options details
+Security currency
Exercise price
Expiry date
AUD - Australian Dollar
AUD 0.0400
14/6/2023
Details of the type of +security that will be issued if the option is exercised
IVX : ORDINARY FULLY PAID
Number of securities that will be issued if the option is exercised
30,000,000 fully paid ordinary shares
Proposed issue of securities
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Proposed issue of securities
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.
only
Part 5C - Timetable
5C.1 Lodgement date of +disclosure document or +PDS with ASIC
25/11/2021
use
5C.2 Date when +disclosure document or +PDS and acceptance forms will
be made available to investors
30/11/2021
5C.3 Offer open date
30/11/2021
5C.4 Closing date for receipt of acceptances
personal
10/12/2021
15% placement capacity under listing rule 7.1?
5C.6 Proposed +issue date
14/12/2021
Part 5D - Listing Rule requirements
5D.1 Has the entity obtained, or is it obtaining, +security holder approval for the entire issue under listing rule 7.1?
No
5D.1b Are any of the +securities proposed to be issued without +security holder approval using the entity's 15%
placement capacity under listing rule 7.1?
Yes
5D.1b ( i ) How many +securities are proposed to be issued without +security holder approval using the entity's
For
30,000,000 listed options
No
5D.1c Are any of the +securities proposed to be issued without +security holder approval using the entity's
additional 10% placement capacity under listing rule 7.1A (if applicable)? No
5D.2 Is a party referred to in listing rule 10.11 participating in the proposed issue?
Proposed issue of securities
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Disclaimer
Invion Limited published this content on 25 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 November 2021 06:29:07 UTC.