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ASPERMONT LIMITED. Capital/Financing Update 2016

Aug 4, 2016

64436_rns_2016-08-04_1b831e7d-9e22-4f96-a770-61f15a7a65dd.pdf

Capital/Financing Update

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5 August 2016

ASPERMONT COMPLETES NON-RENOUNCEABLE RIGHTS ISSUE

Aspermont Limited (ASX: ASP) advises, further to the announcement of 27 June 2016, that allotment of the shortfall shares to the underwriter has been completed.

Aspermont is delighted with the high shareholder take-up (over 77%) with all Directors taking up their full entitlement.The shortfall was taken up by the Underwriter, Claymore Capital Pty Ltd to complete the rights issue and raise just over $3 million.

Attached is a current list of the Company’s 20 largest shareholders and an Appendix 3B.

For further information contact:

David Straface Company Secretary Tel: +61 8 6263 9100

ASPERMONT LIMITED: TOP 20 SHAREHOLDERS

# NAME CURRENT UNITS PERCENTAGE
1 DRYSDALE INVESTMENTS LIMITED 325,329,709 31.7%
2 ILEVETER PTY LTD 146,224,275 14.2%
3 BLUE SEA INVESTMENT HOLDINGS 81,458,334 7.9%
4 ALLAN DALE REAL ESTATE PTY LTD 71,959,584 7.0%
5 MYRA NOMINEES PTY LIMITED 32,017,743 3.1%
6 BLACKCOURT(NSW)PTY LIMITED 28,056,667 2.7%
7 MR JOHN STARK & 25,857,000 2.5%
8 GINGA PTY LTD 24,083,334 2.3%
9 LEVEL 1 PTY LTD 19,364,902 1.9%
10 GLACIER MEDIA INC 17,274,634 1.7%
11 GONDWANA SECURITIES PTY LTD 16,554,275 1.6%
12 YARANDI INVESTMENTS PTY LTD 15,846,316 1.5%
13 ANNIS TRADING LIMITED 13,546,875 1.3%
14 DEBUSCEY PTY LTD 11,739,368 1.1%
15 CITICORP NOMINEES PTY LIMITED 10,917,512 1.1%
16 UCAN NOMINEES PTY LTD 10,067,712 1.0%
17 NPV(WA)SECURITIES PTY LTD 7,675,100 0.7%
18 ALLAN DALE REAL ESTATE PTY LTD 7,083,333 0.7%
19 A & C GAL INVESTMENTS PTY 7,007,225 0.7%
20 MR ROBERT MILLER 6,962,706 0.7%
TOP 20 TOTAL 879,026,604 85.6%

Appendix 3B New issue announcement

Rule 2.7, 3.10.3, 3.10.4, 3.10.5

Appendix 3B

New issue announcement, application for quotation of additional securities and agreement

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public.

Introduced 01/07/96 Origin: Appendix 5 Amended 01/07/98, 01/09/99, 01/07/00, 30/09/01, 11/03/02, 01/01/03, 24/10/05, 01/08/12, 04/03/13

Name of entity

Aspermont Limited

ABN

66 000 375 048

We (the entity) give ASX the following information.

Part 1 - All issues

You must complete the relevant sections (attach sheets if there is not enough space).

1 +Class of +securities issued or to Fully paid ordinary shares be issued 2 Number of[+] securities issued or 68,217,100 to be issued (if known) or maximum number which may be issued 3 Principal terms of the +securities (e.g. if options, exercise price and expiry date; if Fully paid ordinary shares partly paid +securities, the amount outstanding and due dates for payment; if +convertible securities, the conversion price and dates for conversion)

  • See chapter 19 for defined terms.

Appendix 3B Page 1

04/03/2013

Appendix 3B New issue announcement

4 Do the[+] securities rank equally Yes – with other fully paid shares in all respects from the[+] issue date with an existing[+] class of quoted[+] securities? If the additional[+] securities do not rank equally, please state:  the date from which they do  the extent to which they participate for the next dividend, (in the case of a trust, distribution) or interest payment  the extent to which they do not rank equally, other than in relation to the next dividend, distribution or interest payment 5 Issue price or consideration $0.01 6 Purpose of the issue Rights Issue under Offer Document dated (If issued as consideration for 20 May 2016 the acquisition of assets, clearly identify those assets) 6a Is the entity an[+] eligible entity No that has obtained security holder approval under rule 7.1A? If Yes, complete sections 6b – 6h in relation to the[+] securities the subject of this Appendix 3B , and comply with section 6i 6b The date the security holder N/A resolution under rule 7.1A was passed 6c Number of[+] securities issued N/A without security holder approval under rule 7.1

  • See chapter 19 for defined terms.

Appendix 3B Page 2

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Appendix 3B New issue announcement

6d Number of[+] securities issued N/A with security holder approval under rule 7.1A 6e Number of[+] securities issued N/A with security holder approval under rule 7.3, or another specific security holder approval (specify date of meeting) 6f Number of[+] securities issued N/A under an exception in rule 7.2 6g If[+] securities issued under rule N/A 7.1A, was issue price at least 75% of 15 day VWAP as calculated under rule 7.1A.3? Include the +issue date and both values. Include the source of the VWAP calculation. 6h If[+] securities were issued under N/A rule 7.1A for non-cash consideration, state date on which valuation of consideration was released to ASX Market Announcements 6i Calculate the entity’s remaining N/A issue capacity under rule 7.1 and rule 7.1A – complete Annexure 1 and release to ASX Market Announcements 7 +Issue dates 3 August 2016 Note: The issue date may be prescribed by ASX (refer to the definition of issue date in rule 19.12). For example, the issue date for a pro rata entitlement issue must comply with the applicable timetable in Appendix 7A. Cross reference: item 33 of Appendix 3B. Number +Class 8 Number and +class of all 1,026,918,007 Fully paid ordinary +securities quoted on ASX shares ( including the +securities in section 2 if applicable)

  • See chapter 19 for defined terms.

Appendix 3B Page 3

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Appendix 3B New issue announcement

Number +Class 9 Number and +class of all 5,000,000 Options exercisable +securities not quoted on ASX at $0.15 on ( including the +securities in or before 30 section 2 if applicable) October 2016 10 Dividend policy (in the case of a Nil trust, distribution policy) on the increased capital (interests)

Part 2 - Pro rata issue

11 Is security holder approval No required? 12 Is the issue renounceable or nonNon-Renounceable renounceable? 13 Ratio in which the[+] securities 1 share for every 2.4 shares held will be offered 14 +Class of +securities to which the Fully paid ordinary shares offer relates 15 +Record date to determine 27 May 2016 entitlements 16 Will holdings on different N/A registers (or subregisters) be aggregated for calculating entitlements? 17 Policy for deciding entitlements Rounding Up in relation to fractions 18 Names of countries in which the All countries except Australia, New entity has security holders who Zealand, Monaco, the United will not be sent new offer Kingdom, Canada documents Note: Security holders must be told how their entitlements are to be dealt with. Cross reference: rule 7.7.

  • See chapter 19 for defined terms.

Appendix 3B Page 4

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Appendix 3B New issue announcement

19
Closing
date
for
receipt
of
acceptances or renunciations
20
Names of any underwriters
21
Amount of any underwriting fee
or commission
22
Names of any brokers to the
issue
23
Fee or commission payable to
the broker to the issue
24
Amount of any handling fee
payable to brokers who lodge
acceptances or renunciations on
behalf of security holders
25
If the issue is contingent on
security holders’ approval, the
date of the meeting
26
Date entitlement and acceptance
form and offer documents will be
sent to persons entitled
27
If the entity has issued options,
and the terms entitle option
holders
to
participate
on
exercise, the date on which
notices will be sent to option
holders
28
Date rights trading will begin (if
applicable)
29
Date rights trading will end (if
applicable)
30
How do security holders sell
their entitlements_in full_through
a broker?
31
How do security holders sell_part_
of their entitlements through a
broker
and
accept
for
the
20 June 2016
Claymore Capital Pty Ltd
$176,450.82 in cash and in Ordinary Shares
at$0.01per share
N/A
N/A
N/A
N/A
31 May 2016
20 May 2016
N/A
N/A
N/A
N/A
  • See chapter 19 for defined terms.

Appendix 3B Page 5

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Appendix 3B New issue announcement

balance?

  • 32 How do security holders dispose N/A of their entitlements (except by sale through a broker)?

33 +Issue date 3 August 2016

Part 3 - Quotation of securities

You need only complete this section if you are applying for quotation of securities

  • 34 Type of[+] securities ( tick one )

  • (a) +Securities described in Part 1

  • (b)[All other ][+][securities ]

Example: restricted securities at the end of the escrowed period, partly paid securities that become fully paid, employee incentive share securities when restriction ends, securities issued on expiry or conversion of convertible securities

Entities that have ticked box 34(a)

Additional securities forming a new class of securities

Tick to indicate you are providing the information or documents

35 If the[+] securities are[+] equity securities, the names of the 20 largest holders of the additional[+] securities, and the number and percentage of additional[+] securities held by those holders

36 If the[+] securities are[+] equity securities, a distribution schedule of the additional +securities setting out the number of holders in the categories

1 - 1,000

1,001 - 5,000

5,001 - 10,000 10,001 - 100,000 100,001 and over

37 A copy of any trust deed for the additional[+] securities

  • See chapter 19 for defined terms.

Appendix 3B Page 6

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Appendix 3B New issue announcement

Entities that have ticked box 34(b)

38 Number of[+] securities for which +quotation is sought 39 +Class of +securities for which quotation is sought 40 Do the[+] securities rank equally in all respects from the[+] issue date with an existing[+] class of quoted +securities?

If the additional[+] securities do not rank equally, please state:

  • the date from which they do

  • the extent to which they participate for the next dividend, (in the case of a trust, distribution) or interest payment

  • the extent to which they do not rank equally, other than in relation to the next dividend, distribution or interest payment

  • 41 Reason for request for quotation now Example: In the case of restricted securities, end of restriction period (if issued upon conversion of another[+] security, clearly identify that other[+] security)

Number +Class 42 Number and +class of all +securities quoted on ASX ( including the[+] securities in clause 38)

  • See chapter 19 for defined terms.

Appendix 3B Page 7

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Appendix 3B New issue announcement

Quotation agreement

  • 1 +Quotation of our additional +securities is in ASX’s absolute discretion. ASX may quote the[+] securities on any conditions it decides.

  • 2 We warrant the following to ASX.

  • The issue of the[+] securities to be quoted complies with the law and is not for an illegal purpose.

  • There is no reason why those[+] securities should not be granted +quotation.

  • An offer of the[+] securities for sale within 12 months after their issue will not require disclosure under section 707(3) or section 1012C(6) of the Corporations Act.

Note: An entity may need to obtain appropriate warranties from subscribers for the securities in order to be able to give this warranty

  • Section 724 or section 1016E of the Corporations Act does not apply to any applications received by us in relation to any[+] securities to be quoted and that no-one has any right to return any[+] securities to be quoted under sections 737, 738 or 1016F of the Corporations Act at the time that we request that the[+] securities be quoted.

  • If we are a trust, we warrant that no person has the right to return the +securities to be quoted under section 1019B of the Corporations Act at the time that we request that the[+] securities be quoted.

  • 3 We will indemnify ASX to the fullest extent permitted by law in respect of any claim, action or expense arising from or connected with any breach of the warranties in this agreement.

  • 4 We give ASX the information and documents required by this form. If any information or document is not available now, we will give it to ASX before +quotation of the +securities begins. We acknowledge that ASX is relying on the information and documents. We warrant that they are (will be) true and complete.

Sign here: ............................................................ Date: 5 August 2016... (Company secretary)

Print name: David Straface

  • See chapter 19 for defined terms.

== == == == ==

Appendix 3B Page 8

04/03/2013