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ASSET VISION CO LTD — Share Issue/Capital Change 2022
Jul 11, 2022
64438_rns_2022-07-11_af78e0bf-7e1c-43aa-a569-1eb226a21f06.pdf
Share Issue/Capital Change
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Application for quotation of +securities
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Announcement Summary
Entity name
FUTURE FIRST TECHNOLOGIES LTD
Announcement Type
New announcement
Date of this announcement
Tuesday July 12, 2022
The +securities to be quoted are:
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Other
Total number of +securities to be quoted
| ASX +security | Number of +securities to | ||
|---|---|---|---|
| code | Security description | be quoted | Issue date |
| FFT | ORDINARY FULLY PAID | 29,411,765 | 12/07/2022 |
Refer to next page for full details of the announcement
Application for quotation of +securities
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Application for quotation of +securities
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Part 1 - Entity and announcement details
1.1 Name of entity
FUTURE FIRST TECHNOLOGIES LTD
We (the entity named above) apply for +quotation of the following +securities and agree to the matters set out in Appendix 2A of the ASX Listing Rules.
1.2 Registered number type
ABN
Registration number 50164718361
1.3 ASX issuer code
FFT
1.4 The announcement is
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New announcement
1.5 Date of this announcement
12/7/2022
Application for quotation of +securities
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Application for quotation of +securities
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Part 2 - Type of Issue
2.1 The +securities to be quoted are:
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Other
2.2 The +securities to be quoted are:
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Additional +securities in a class that is already quoted on ASX ("existing class")
2.3c Have these +securities been offered under a +disclosure document or +PDS? No
2.3d Please provide any further information needed to understand the circumstances in which you are applying to have these +securities quoted on ASX, including why the issue of the +securities has not been previously announced to the market in an Appendix 3B
Shares being issued to the Vendors of EagleSoft Pty Ltd in line with the renegotiated settlement terms of the Share Sale and Purchase Agreement (SSPA) between the Company and the Vendors.
2.4 Any on-sale of the +securities to be quoted within 12 months of their date of issue will comply with the secondary sale provisions in sections 707(3) and 1012C(6) of the Corporations Act by virtue of: The publication of a cleansing notice under section 708A(5), 708AA(2)(f), 1012DA(5) or 1012DAA(2)(f)
Application for quotation of +securities
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Application for quotation of +securities
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Part 3B - number and type of +securities to be quoted (existing class) where issue has not previously been notified to ASX in an Appendix 3B
Additional +securities to be quoted in an existing class
ASX +security code and description
FFT : ORDINARY FULLY PAID
Issue date
12/7/2022
Will the +securities to be quoted rank equally in all respects from their issue date with the existing issued +securities in that class? Yes
Issue details
Number of +securities to be quoted
29,411,765
Are the +securities being issued for a cash consideration?
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No
Please describe the consideration being provided for the +securities
Shares being issued to the Vendors of EagleSoft Pty Ltd in line with the renegotiated settlement terms of the Share Sale and Purchase Agreement (SSPA) between the Company and the Vendors.
Please provide an estimate (in AUD) of the value of the consideration being provided per +security for the +securities to be quoted
0.034000
Any other information the entity wishes to provide about the +securities to be quoted
The purpose(s) for which the entity is issuing the securities
To pay for the acquisition of an asset
Please provide additional details
Shares being issued to the Vendors of EagleSoft Pty Ltd in line with the renegotiated settlement terms of the Share Sale and Purchase Agreement (SSPA) between the Company and the Vendors.
Application for quotation of +securities
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Application for quotation of +securities
Part 4 - Issued capital following quotation
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Following the quotation of the +securities the subject of this application, the issued capital of the entity will comprise:
(A discrepancy in these figures compared to your own may be due to a matter of timing if there is more than one application for quotation/issuance currently with ASX for processing.)
4.1 Quoted +securities (total number of each +class of +securities quoted on ASX following the +quotation of the +securities subject of this application)
Total number of ASX +security code and description +securities on issue FFT : ORDINARY FULLY PAID 670,224,800 4.2 Unquoted +securities (total number of each +class of +securities issued but not quoted on ASX) Total number of ASX +security code and description +securities on issue FFTAB : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES 44,040,000
4.2 Unquoted +securities (total number of each +class of +securities issued but not quoted on ASX)
Application for quotation of +securities
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Application for quotation of +securities
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Part 5 - Other Listing Rule requirements
5.1 Are the +securities being issued under an exception in Listing Rule 7.2 and therefore the issue does not need any security holder approval under Listing Rule 7.1? No
5.2 Has the entity obtained, or is it obtaining, +security holder approval for the issue under listing rule 7.1? No
5.2b Are any of the +securities being issued without +security holder approval using the entity's 15% placement capacity under listing rule 7.1? Yes
5.2b.1 How many +securities are being issued without +security holder approval using the entity's 15% placement capacity under listing rule 7.1?
13,979,099
5.2c Are any of the +securities being issued without +security holder approval using the entity's additional 10% placement capacity under listing rule 7.1A (if applicable)? Yes
5.2c.1 How many +securities are being issued without +security holder approval using the entity's additional 10% placement capacity under listing rule 7.1A?
15,432,666
Application for quotation of +securities
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