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CODEIFAI LIMITED — Capital/Financing Update 2014
Dec 23, 2014
64630_rns_2014-12-23_e2f03067-ddd0-4515-9e16-5fdcf927d602.pdf
Capital/Financing Update
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YPB Group Ltd. ABN68108M9 421 ASX code: YPB
GLOBAL LEADER IN ANT! COUNTERFEIT TECHNOLOGY Level 29,46 Goulburn Street, Sydney N S W 2000 T; +612 8263 4000 F: +412 8263 4111
ASX ANNOUNCEMENT
24 December 2014
The Manager Company Announcements ASX Limited Level 4, 20 Bridge Street Sydney NSW 2000
Dear Sir/Madam
YPB Group Ltd (ASX:YPB)
Despatch of Letters to Shareholders and Optionholders
YPB Group Ltd confirms that the attached letters will be despatched today.
Yours faitblulK
Robert Whitton Director & Company Secretary
Legal/43418857_3
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GLOBAL LEADER IN ANTI COUNTERFEIT TECHNOLOGY Level 2?, 6& Goulburn Street, Sydney NSW 2000 T:+612B263 40D0 F;+612 8263 4111
^^YPB =:»^
24 December 2014
[name of recipient] [address of recipient]
Dear Optionholder
YPB Group Ltd (ASX:YPB) Non-Renounceable Rights Issue Notification of participation only available if Existing Options are exercised
This letter is to notify you that on Wednesday 24 December 2014, YPB Group Ltd (ABN 68 108 649 421) (ASX:YPB) (Company) announced to the ASX a non-renounceable rights issue (Rights Issue). The Prospectus for the Rights Issue (Prospectus) has been lodged with ASIC and the ASX and is available on the ASX website (www.asx.com.au) and the Company's website (http://www.vpbsvstems.com/).
In order for you to participate in the Rights Issue in respect of the existing options you hold in the Company, you must exercise those existing options and pay the appropriate funds for the exercise price before 5.00pm (Sydney time) on Wednesday 31 December 2014 to ensure the Company's share registry has sufficient time to process the exercise notice before the Record Date for the Rights Issue, or you will not be able to participate in the Rights Issue.
The Rights Issue will offer eligible YPB shareholders the opportunity to apply for 1 new option to subscribe for ordinary shares (New Option) for every 4 existing ordinary shares held as at 7.00pm (Sydney time) on Friday 2 January 2014 (Record Date), at an offer price of A$0.01 per New Option. Each New Option may be exercised at any time from the date of its issue until 31 October 2017 at an exercise price of A$0.20 each. Fractional entitlements to New Options under the Rights Issue will be rounded down to the nearest whole number.
It is anticipated that up to 27,230,420 New Options may be issued pursuant to the Rights Issue, which would raise approximately A$272,300 before expenses.
The Rights Issue is not underwritten.
Funds raised under the Rights Issue will be used to strengthen the Company's balance sheet, and to fund general working capital. Additionally, the Rights Issue was contemplated in YPB's prospectus dated 27 May 2014.
The Rights Issue is open to YPB shareholders with registered addresses in Australia, New Zealand, People's Republic of China, Hong Kong or Singapore as at the Record Date. YPB shareholders at the Record Date with a registered address outside Australia, New Zealand, People's Republic of China, Hong Kong and Singapore will not be eligible to participate in the Rights Issue.
The Company will seek quotation on the ASX of the New Options issued pursuant to the Prospectus.
Key information and dates applicable to the Rights Issue are set out below for your information.
Legal/43418855_2
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Summary of key information
r i y p e of offer
| r i y p eof offer | Non-renounceable, pro-rata entitlement |
| offer of New Options to YPB shareholders | |
| resident in Australia, New Zealand, People's | |
| Republic of China, Hong Kong or Singapore | |
| on the Record Date. | |
| Offer ratio (entitlement) | 1 New Option for every 4 existing YPB |
| L Issue price for each New Option |
ordinary shares held as at the Record Date. A$0.01 |
| Exercise price in respect of each New Option | _•_A$0.20 |
| L Expiry date of each New Option |
31 October 2017 |
Proposed timetable
| Lodgement of Prospectus with ASIC and | Wednesday 24 December 2014 |
|---|---|
| announcement of Offer | |
| Existing shares quoted 'ex' rights | Tuesday 30 December 2014 |
| Record Date | 7.00pm (Sydney time) on Friday 2 January |
| 2015 | |
| Opening date of the Offer | Wednesday 7 January 2015 |
| Closing date of the Offer | 5.00pm (Sydney time) on Friday 16 January |
| 2015 | |
| Allotment of New Options | Friday 23 January 2015 |
| New Options expected to commence trading on | Tuesday 27 January 2015 |
| the ASX | |
| Despatch of holding statements | Friday 30 January 2015 |
| All future dates specified in this letter are | indicative and may be subject to change. |
For further information regarding the Rights Issue, your existing YPB option holding or the exercise of your existing YPB options, please contact Boardroom Pty Limited on 1300 737 760 (for callers within Australia) or +61 2 9290 9600 (for callers outside Australia).
Yours faithfully
Robert Whitton Director & Company Secretary
Legal/43418855_2
^ X ••:i*YPB ^••f'
YPB Group Ltd. GLOBAL LEADER IN ANTI COUNTERFEIT TECHNOLOGY ABN 68108 649 421 Level 29, 66 Goulburn Street, Sydney NSW 2000 ASX code: YPB T:+6128243 4000 F:+6128263 4111
24 December 2014
[name of recipient] [address of recipient]
Dear Shareholder
YPB Group Ltd (ASX:YPB) Non-Renounceable Rights Issue Notification of information contained in Appendix 38 lodged on 24 December 2014
This letter is to notify you that on Wednesday 24 December 2014, YPB Group Ltd (ABN 68 108 649 421) (ASX:YPB) (Company) announced to the ASX a non-renounceable rights issue (Rights Issue). The Prospectus for the Rights Issue (Prospectus) has been lodged with ASIC and the ASX and is available on the ASX website (www.asx.com.au) and the Company's website (http://www.vpbsvstems.com/).
The Rights Issue will offer eligible YPB shareholders the opportunity to apply for 1 new option to subscribe for ordinary shares (New Option) for every 4 existing ordinary shares held as at 7.00pm (Sydney time) on Friday 2 January 2014 (Record Date), at an offer price of A$0.01 per New Option. Each New Option may be exercised at any time from the date of its issue until 31 October 2017 at an exercise price of A$0.20 each. Fractional entitlements to New Options under the Rights Issue will be rounded down to the nearest whole number.
It is anticipated that up to 27,230,420 New Options may be issued pursuant to the Rights Issue, which would raise approximately A$272,300 before expenses.
The Rights Issue is not underwritten.
Funds raised under the Rights Issue will be used to strengthen the Company's balance sheet, and to fund general working capital. Additionally, the Rights Issue was contemplated in YPB's prospectus dated 27 May 2014.
The Rights Issue is open to YPB shareholders with registered addresses in Australia, New Zealand, People's Republic of China, Hong Kong or Singapore as at the Record Date. YPB shareholders at the Record Date with a registered address outside Australia, New Zealand, People's Republic of China, Hong Kong and Singapore will not be eligible to participate in the Rights Issue.
The Company will seek quotation on the ASX of the New Options issued pursuant to the Prospectus.
Key information and dates applicable to the Rights Issue are set out below for your information.
Legal/43418856_2
•li'--.jr-.-..fi.;:rt.r:i.
Summary of key information
fType of offer
| fType of offer | Non-renounceable, pro-rata entitlement | |
| offer of New Options to YPB shareholders | ||
| resident in Australia, NewZealand,People's | ||
| Republic of China, Hong Kong or Singapore | ||
| on the Record Date. | ||
| Offer ratio (entitlement) | I | 1 New Option for every 4 existing YPB |
| ; | ordinary shares held as at the Record Date. | |
| i_ Issue price for each New Option | A$0.01 | |
| Exercise price in respect of each New Option | ; | A$0.20 |
| Expiry date of each New Option | 31 October 2017 | |
| I |
Proposed timetable
| Lodgement of Prospectus with ASIC and | Wednesday 24 December 2014 |
|---|---|
| announcement of Offer | |
| Existing shares quoted 'ex' rights | Tuesday 30 December 2014 |
| Record Date | 7.00pm(Sydney time) on Friday 2 January |
| 2015 | |
| Opening date of the Offer | Wednesday 7 January 2015 |
| Closing date of the Offer | 5.00pm (Sydney time) on Friday 16 January |
| 2015 | |
| Allotment of New Options | Friday 23 January 2015 |
| New Options expected to commence trading on | Tuesday 27 January 2015 |
| the ASX | |
| Despatch of holding statements | Friday 30 January 2015 |
| All future dates specified in this letter are indicative and may be subject to change. |
For further information regarding the Rights Issue or your YPB shareholding, please contact Boardroom Pty Limited on 1300 737 760 (for callers within Australia) or +61 2 9290 9600 (for callers outside Australia).
Yours faithfully
Robert Whitton Director & Company Secretary
Legal/43418856_2