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BEFOREPAY GROUP LIMITED — Capital/Financing Update 2022
Mar 20, 2022
64491_rns_2022-03-20_07e3d608-05a4-4aa6-9747-a3f755d8630a.pdf
Capital/Financing Update
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Beforepay Group Limited
ASX ANNOUNCEMENT (ASX: B4P)
21 March 2022
NOTICE UNDER ASX LISTING RULE 3.10A
In accordance with Listing Rule 3.10A, Beforepay Group Limited (Beforepay or the Company) (ASX: B4P) advises that 28,801,100 shares will be released from voluntary escrow on 28 March 2022, 12,944,337 of which will remain subject to ASX imposed mandatory escrow. As such, the following securities will be released from voluntary escrow and are not subject to any ASX imposed mandatory escrow:
| Number of Securities | Class of Security | Voluntary Escrow ReleaseDate |
|---|---|---|
| 15,856,763 | Fully paid ordinaryshares | 28 March 2022 |
Quotation for the remaining 15,856,763 securities have been previously sought by the Company, therefore, no additional Appendix 2A will be required at this stage.
Of the 28,801,100 shares being released from voluntary escrow, 12,944,337 securities remain subject to further ASX imposed mandatory escrow, details as follows:
| Number of Securities | Class of Security | ASX Mandatory EscrowRelease Date |
|---|---|---|
| 34,900 | Fully paid ordinaryshares | 14 April 2022 |
| 697,318 | Fully paid ordinaryshares | 5 May2022 |
| 673,075 | Fully paid ordinaryshares | 1 September 2022 |
| 11,539,044 | Fully paid ordinaryshares | 17 January2024 |
This announcement has been authorised for release to the ASX by the Board.
For more information, please contact:
| Investors | Media | ||
|---|---|---|---|
| Andrew Keys | Caroline Shawyer | ||
| Investor Relations Lead | Communications Lead | ||
| Ph: 0400 400 380 | Ph: 0401 496 334 | ||
| [email protected] | [email protected] |
ACN 633 925 505 Suite 2, Level 6, 50 Carrington Street, Sydney NSW 2000
About Beforepay
Beforepay was founded in 2019 to offer consumers a better way to manage their personal finances by enabling early access to a portion of their pay, on‐demand, in exchange for a single fixed fee. For more information visit www.beforepay.com.au .
ACN 633 925 505 Suite 2, Level 6, 50 Carrington Street, Sydney NSW 2000