Share Issue/Capital Change • May 3, 2022
Share Issue/Capital Change
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SMALL PARCEL SHARE SALE FACILITY
[ADELAIDE], 03 MAY 2022:
Clean Seas Seafood Limited ACN 094 380 435 (ASX: CSS) (CSS or the Company) is pleased to announce that it has today implemented a small parcel share sale facility (Facility) for holders of parcels of CSS ordinary shares (Shares) valued at less than a marketable parcel of shares (Small Share Parcel) as at 7.00pm (Adelaide time) on 2 May 2022 (Record Date). The Company is sending the attached letter (Shareholders Letter) and retention form (Share Retention Form) to those shareholders who hold a Small Share Parcel as at the Record Date.
Under the Listing Rules of the Australian Securities Exchange (ASX), a shareholding valued at less than $500 is less than a marketable parcel of Shares. Based on the closing price of $0.60 per share as at the Record Date, a Small Share Parcel is any shareholding of 833 Shares or less.
A shareholder will be eligible to participate in the Facility if a shareholder held less than a marketable parcel of Shares in the Company as at the Record Date (Eligible Shareholder).
The full announcement is attached.
For further information please contact:
Rob Gratton
CEO
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