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CONICO LTD — Regulatory Filings 2021
Jun 27, 2021
64678_rns_2021-06-27_a3acd368-5423-49f6-96e6-8e11e8da28f1.pdf
Regulatory Filings
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Monday, 28 June 2021
Australian Securities Exchange Announcement
Notice of Expiry of CNJO Options
The CNJO options (the main details of which are detailed in the table below) expire on 30 June 2021 and unfortunately due to an administrative error Conico Ltd did not send the required written notice to option holders informing them of the impending expiry of the CNJO options not less than 20 business days prior to the expiry of the options as required by the Listing Rules.
Please find below information that was required to be provided to option holders not less than 20 business days before the expiry of the options in accordance with the ASX Listing Rules.
| Number of shares to be issued on exercise of | One fully paid ordinary share (ASX:CNJ) per option that is exercised |
|---|---|
| options | |
| Exercise price | $0.048peroption |
| Due date forpayment | 30 June 2021 |
| Consequence of non-payment | Options will lapse |
| Datequotation of CNJO on ASX ended | 24 June 2021(at end of trade) |
| Latest marketprice for CNJ | $0.029(1 June 2021) |
| 3 Month CNJ lowprice | $0.026(3 March 2021) |
| 3 Month CNJ highprice | $0.036(29 March 2021,6 April 2021 & 29 April 2021) |
| Underwriting | No underwritinginplace |
Since the above the CNJ share price has dropped and as of 25 June 2021 the last market price was $0.025.
The Company has now implemented new procedures whereby electronic reminders have been setup for multiple days and multiple staff to ensure that this doesn’t occur again.
Yours faithfully
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Aaron P Gates Company Secretary
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email: [email protected] phone: +61 (08) 9282 5889 address: Level 15, 197 St George’s Terrace Perth, Western Australia
conico.com.au ACN 119 057 457