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8COMMON LIMITED — Share Issue/Capital Change 2023
Feb 14, 2023
64263_rns_2023-02-14_443b31c8-fd40-40fc-9db5-ceb5673380f4.pdf
Share Issue/Capital Change
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8common
15 February 2023
Market Announcements Office ASX Limited 20 Bridge Street SYDNEY NSW 2000
Cleansing notice given under section 708A(5)(e) of the Corporations Act
8common Limited ( 8common or the Company ) (ASX: 8CO ) today issued 584,906 fully paid ordinary shares ( Shares ) as detailed in the Appendix 2A dated 15 February 2023.
The Company gives this notice under section 708A(5)(e) of the Corporations Act 2001 (Cth) ( Corporations Act ) and states the following:
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140,364 of the abovementioned Shares were issued without disclosure to investors under Part 6D.2 of the Corporations Act;
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as at the date of this notice, the Company has complied with:
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a. the provisions of Chapter 2M of the Corporations Act as they apply to the Company; and
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b. section 674 of the Corporations Act;
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as at the date of this notice, there is no excluded information (for the purposes of sections 708A(7) and 708A(8) of the Corporations Act) required to be disclosed under section 708A(6)(e) of the Corporations Act.
The balance of 444,542 shares were issued pursuant to ASIC Class Order 14/1000.
This release has been approved by the Board of 8common Limited.
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Further information
| CorporateNic Lim[email protected]Executive Chairman | InvestorsCraig Sainsbury[email protected] |
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About 8common Limited
8common (ASX:8CO) solutions deliver enterprise grade financial transaction processing for government entities and large enterprise businesses. Its flagship Expense8 platform is a leading pureplay provider of end-to-end travel expense management software, card application and management. The innovative software solutions improve organisation, productivity, incorporate company organisational policies and expense auditing to reduce fraud. Expense8 by 8common was named a Major Player in the IDC MarketScape: Worldwide SaaS and Cloud-Enabled Travel and Expense Management Applications 2019 Vendor Assessment.
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8common
Its new product CardHero (prepaid card fund distribution) delivers solutions to support regulated, large network and high-volume requirements. CardHero helps boost compliance with smart rules and spend controls at an organisation and user level.
Its growing client base of more than 176,000 platform users include enterprise customers Woolworths, Broadcast Australia, Amcor, and over 158 state and federal government entities. For more information, visit https://www.8common.com/
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