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DECIDR AI INDUSTRIES LTD — Capital/Financing Update 2021
Sep 21, 2021
64755_rns_2021-09-21_12a11b47-6768-4ab1-a4cd-e36fdaf91016.pdf
Capital/Financing Update
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ASX Release 22 September 2021
Extension of Entitlement Option Loyalty Offer Closing Date
Live Verdure Ltd (‘Live Verdure’ or ‘the Company) advises that further to its announcements of 1 September 2021 and 14 September 2021, the Company has decided to extend the closing date of its pro-rata nonrenounceable entitlement offer ( Loyalty Entitlement Offer ) to 5:00pm (AEST) on Friday 1 October 2021. The extension of the closing date will allow eligible shareholders to receive their application forms as the Company has been advised of mailing issues during this time.
In accordance with the Loyalty Entitlement Offer eligible shareholders may apply for unquoted options in the Company at an issue price of $0.001 (0.1 cents) per option and on the basis of 1 new unquoted option ( New Loyalty Option ) for every 2 shares held on the record date. Each New Option will have an exercise price of $0.30 (30 cents) and an expiry date of 3 years from the issue date.
The Entitlement Offer is available to all shareholders ( Shareholders ) registered on the record date on 9 September 2021 ( Record Date ) whose registered address is in Australia or New Zealand ( Eligible Shareholders ).
The updated indicative timetable in relation to the Loyalty Entitlement Offer is as follows:
| Event | Date | |
|---|---|---|
| Offer Closing Date (5:00pm AEST)* | 1 October 2021 | |
| Issue Date | 8 October 2021 |
- All dates are indicative only and subject to change without prior written notice. Any extension of the Closing Date will have a consequential effect on the date of issue of the New Options.
-Ends-
This announcement has been authorised for release by the Board of Directors.
For further information, please contact:
Gernot Abl
Non-Executive Chairman e: [email protected]
About Live Verdure (ASX:LV1)
Live Verdure Ltd (ASX:LV1) (“LV1” or the “Company”) is an Australian Direct to Consumer (DtoC) plant-based food, nutraceutical and skincare company that owns fast-growing consumer brands “13 Seeds” and “8 Seeds”, with Tasmanian hemp as its hero ingredient.
LV1 is built based on a deep understanding of our consumers’ purchasing behaviour, with a focus on building long-term relationships where consumers return time and time again to shop for more wellness products.
Live Verdure Ltd ACN: 614 347 269 Level 21, 459 Collins Street, Melbourne, Victoria 3000 W: liveverdure.com.au | T: +61 3 8630 3321 | E: [email protected]
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