Altamin : Proposed issue of securities - AZI
AZI.AX
Proposed issue of securities
Announcement Summary
For personal use only
Entity name
ALTAMIN LIMITED
Announcement Type
New announcement
Date of this announcement
24/1/2022
The Proposed issue is:
A standard pro rata issue (including non-renounceable or renounceable)
Total number of +securities proposed to be issued for a standard pro rata issue (including non-renounceable or renounceable)
Maximum Number of
ASX +security code
+Security description
+securities to be issued
AZI
ORDINARY FULLY PAID
116,285,649
Ex date
27/1/2022
+Record date
28/1/2022
Offer closing date
11/2/2022
Issue date
18/2/2022
Refer to next page for full details of the announcement
Proposed issue of securities
1 / 6
Proposed issue of securities
Part 1 - Entity and announcement details
For personal use only
1.1 Name of +Entity
ALTAMIN 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
63078510988
1.3
ASX issuer code
AZI
1.4 The announcement is
New announcement
1.5
Date of this announcement
24/1/2022
1.6 The Proposed issue is:
A standard +pro rata issue (non-renounceable or renounceable)
1.6a The proposed standard +pro rata issue is: + Non-renounceable
Proposed issue of securities
2 / 6
Proposed issue of securities
Part 3 - Details of proposed entitlement offer issue
only
Part 3A - Conditions
3A.1 Do any external approvals need to be obtained or other conditions satisfied before the entitlement offer can
proceed on an unconditional basis?
use
No
Part 3B - Offer details
Class or classes of +securities that will participate in the proposed issue and class or classes of +securities
personal
proposed to be issued
ASX +security code and description
AZI : ORDINARY FULLY PAID
Is the proposed security a 'New
Will the proposed issue of this
If the entity has quoted company
class' (+securities in a class that is
+security include an offer of
options, do the terms entitle option
not yet quoted or recorded by ASX)
attaching +securities?
holders to participate on exercise?
or an 'Existing class' (additional
No
No
securities in a class that is already
quoted or recorded by ASX)?
Existing class
D tails of +securities proposed to be issued
ASX +security code and description
AZI : ORDINARY FULLY PAID
For
ISIN Code (if Issuer is a foreign company and +securities are non CDIs)
ISIN Code for the entitlement or right to participate in a non-renounceable
issue (if Issuer is foreign company and +securities are non CDIs)
Offer ratio (ratio to existing holdings at which the proposed +securities will be issued)
The quantity of additional +securities to be issued
For a given quantity of +securities held
2
5
Proposed issue of securities
3 / 6
Proposed issue of securities
What will be done with fractional entitlements?
Maximum number of +securities proposed to be issued (subject to rounding)
only
Fractions rounded up to the next
116,285,649
whole number
Offer price details for retail security holders
In what currency will the offer be
What is the offer price per +security
made?
for the retail offer?
AUD - Australian Dollar
AUD 0.06000
use
Oversubscription & Scale back details
personal
Will individual +security holders be permitted to apply for more than their
entitlement (i.e. to over-subscribe)?
Yes
Yes
Describe the limits on over-subscription
The Additional Shares will be allocated to Eligible Shareholders who have subscribed for their full Entitlements under the
Entitlement Offer, and who subscribe for Additional Shares in excess of their Entitlements with such Additional Shares
subject to scale back on a pro rata basis in accordance with their Entitlements. However, the Company will only issue
such Additional Shares where the Directors are satisfied that the issue will not increase the applicant¿s voting power
above 19.99%.
Will a scale back be applied if the offer is over-subscribed?
Yes
Describe the scale back arrangements
Over-subscription will be scaled back on a pro-rata basis in accordance with applicant's entitlements.
Will these +securities rank equally in all respects from their issue date with
the existing issued +securities in that class?
For
Part 3C - Timetable
3C.1 +Record date 28/1/2022
Proposed issue of securities
4 / 6
Proposed issue of securities
3C.2 Ex date 27/1/2022
3C.4 Record date 28/1/2022
only
3C.5 Date on which offer documents will be sent to +security holders
entitled to participate in the +pro rata issue
2/2/2022
3C.6 Offer closing date
11/2/2022
use
3C.7 Last day to extend the offer closing date
8/2/2022
3C.9 Trading in new +securities commences on a deferred settlement basis
14/2/2022
3C.11 +Issue date and last day for entity to announce results of +pro rata
issue
personal
18/2/2022
3C.12 Date trading starts on a normal T+2 basis
21/2/2022
3C.13 First settlement date of trades conducted on a +deferred settlement
basis and on a normal T+2 basis
23/2/2022
Pa t 3E - Fees and expenses
3E.1 Will there be a lead manager or broker to the proposed offer?
No
For
3E.2 Is the proposed offer to be underwritten?
No
3E.3 Will brokers who lodge acceptances or renunciations on behalf of eligible +security holders be paid a
handling fee or commission? No
Proposed issue of securities
5 / 6
This is an excerpt of the original content. To continue reading it, access the original document here.
Disclaimer
Alta Zinc Ltd. published this content on 23 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 January 2022 21:23:02 UTC.