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CODEIFAI LIMITED — Share Issue/Capital Change 2018
Aug 28, 2018
64630_rns_2018-08-28_6cff60f4-7260-4f75-afb3-bbcf17340b46.pdf
Share Issue/Capital Change
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ASX/MEDIA ANNOUNCEMENT
ASX: YPB | 29 August 2018
Release from Voluntary Escrow
The company advises in accordance with Listing Rule 3.10A that the following securities will be released from voluntary escrow on 13 September 2018.
1,000,000 Fully Paid Ordinary Shares
All of the above securities were issued to Ralph Davis pursuant to an Agreement between Ralph and the Company to payout the balance of his employment contract. (approximately 2 Years) by the issuance of shares. Pursuant to the Agreement 8,000,000 Shares were issued at a deemed price of $0.0533 per Share on 13 September 2017. Subsequent to this release 3,000,000 Shares remain escrowed, with such being released progressively, with the last release due on 12 June 2019.
No funds were raised as a result of the issue. Approval for the issue of the shares was given at a meeting of shareholders held on 27 November 2017.
For further information please contact;
Mr. John Houston Mr. Gerard Eakin Executive Chairman Director YPB Group Limited YPB Group Limited E: [email protected] E: [email protected]
About YPB:
YPB Group Ltd (ASX:YPB) lives by three words - certainty of authenticity. We deliver on this through our experience in creating revolutionary, patented anti-counterfeit and customer engagement solutions. Solutions that detect and prove certainty of authenticity and connect brands directly to their customers, empowering them to engage one-on-one.
In an evolving marketplace and with the rapid growth of cross border commerce, our expertise presently focuses on the rapidly growing markets of Australia, South East Asia and China. www.ypbsystems.com
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