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CONNEXION MOBILITY LTD — Capital/Financing Update 2017
Dec 11, 2017
64739_rns_2017-12-11_ec194a97-f225-4cbe-adee-5edf65f135d6.pdf
Capital/Financing Update
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11 December 2017
Dear Optionholder,
Connexion Media Limited - Non-Renounceable Entitlement Issue
On the 8[th] of December 2017, Connexion Media Limited ( Company ) announced a nonrenounceable pro rata entitlement issue ( Entitlement Issue ) of one fully paid ordinary share ( New Share ) for each six fully paid ordinary shares held as at the record date to eligible shareholders with a registered address in Australia or New Zealand ( Eligible Shareholders ).
Pursuant to the Entitlement Issue, the Company may issue approximately 119,599,456 New Shares at an issue price of $0.01 each, to raise a maximum of approximately $1,195,995 (before expenses of the issue).
The prospectus for the Entitlement Issue is available on the ASX website http://www.asx.com.au.
The Record Date for the purposes of determining security holders entitled to participate in the Entitlement Issue is 14 December 2017. The prospectus for the Entitlement Issue will be despatched to all shareholders soon after the Record Date.
The purpose of this letter is to give you notice that if you wish to participate in the Entitlement Issue with respect to your options, you must exercise your options before the Record Date.
To ensure that your new shares are allotted before the Record Date, your option exercise notice together with the correct monies must be received by the Company’s share registry, Boardroom Pty Limited no later than 13 December 2017. Any notice of exercise of option received after this date cannot be assured of allotment before the Record Date. For your convenience an option exercise notice is attached.
If you do not wish to participate in the Entitlement Issue (in respect of your options) you do not need to take any action.
Before deciding whether to exercise all or any of your options, you should consider the terms of the Entitlement Issue carefully and if in any doubt, consult with your professional advisor.
Yours sincerely
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Peter Torre Company Secretary Connexion Medial Limited
Level 1, 11-19 Bank Place, Melbourne Victoria, 3000 www.connexionltd.com