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EDEN INNOVATIONS LTD — Capital/Financing Update 2023
Sep 6, 2023
64820_rns_2023-09-06_d7ff8a5c-c186-45ce-9ec9-c321165aebd7.pdf
Capital/Financing Update
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Application for quotation of +securities
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Announcement Summary
Entity name
EDEN INNOVATIONS LTD
Announcement Type
New announcement
Date of this announcement
Thursday September 07, 2023
The +securities to be quoted are:
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Other
Total number of +securities to be quoted
| ASX +security | Number of +securities to | ||
|---|---|---|---|
| code | Security description | be quoted | Issue date |
| New class - code | OPTIONS EXPIRING 11-9-2026 | 243,333,333 | 07/09/2023 |
| to be confirmed |
Refer to next page for full details of the announcement
Application for quotation of +securities
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Application for quotation of +securities
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Part 1 - Entity and announcement details
1.1 Name of entity
EDEN INNOVATIONS LTD
We (the entity named above) apply for +quotation of the following +securities and agree to the matters set out in Appendix 2A of the ASX Listing Rules.
1.2 Registered number type
ABN
Registration number 58109200900
1.3 ASX issuer code
EDE
1.4 The announcement is
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New announcement
1.5 Date of this announcement
7/9/2023
Application for quotation of +securities
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Application for quotation of +securities
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Part 2 - Type of Issue
2.1 The +securities to be quoted are:
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Other
2.2 The +securities to be quoted are:
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New +securities in a class that is not yet quoted on ASX ("new class")
2.3c Have these +securities been offered under a +disclosure document or +PDS?
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No
2.3d Please provide any further information needed to understand the circumstances in which you are applying to have these +securities quoted on ASX, including why the issue of the +securities has not been previously announced to the market in an Appendix 3B
The Options were issued as free attaching options per the appendix 3B of 31 August 2023. While the Ordinary shares are issued by virtue of a cleansing notice, the new Options will be quoted for re-sale by virtue of a disclosure document to comply with the secondary sale provisions in sections 707(3) and 1012C(6) of the Corporations Act prior to being available for re-sale.
2.4 Any on-sale of the +securities to be quoted within 12 months of their date of issue will comply with the secondary sale provisions in sections 707(3) and 1012C(6) of the Corporations Act by virtue of: The publication of a +disclosure document or +PDS for the +securities to be quoted
Application for quotation of +securities
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Application for quotation of +securities
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Part 3C - number and type of +securities to be quoted (new class) where issue has not previously been notified to ASX in an Appendix 3B
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----- Start of picture text ----- New +securitiesASX +security code +Security descriptionNew class - code to be confirmed OPTIONS EXPIRING 11-9-2026----- End of picture text -----
| ASX +security codeNew class - code to be confirmed | +Security descriptionOPTIONS EXPIRING 11-9-2026 |
|---|---|
| +Security type | ISIN code |
| Options | |
| Issue date | |
| 7/9/2023 | |
| Will all the +securities issued in | this class rank equally in all respects from the issue date? |
| Yes | |
| Have you received confirmation | from ASX that the terms of the +securities are appropriate and equitable under |
| listing rule 6.1? | |
| Yes | |
| Distribution Schedule | |
| Provide a distribution schedule for the new +securities according to the categories set out in the left hand column - | |
| including the number of recipients and the total percentage of the new +securities held by the recipients in each | |
| category. |
| Total percentage of +securities held | ||
|---|---|---|
| Number of +securities held | Number of holders | For example, to enter a value of 50% |
| please input as 50.00 | ||
| 1 - 1,000 | % | |
| 1,001 - 5,000 | % | |
| 5,001 - 10,000 | % | |
| 10,001 - 100,000 | % | |
| 100,001 and over | 54 | 100.00 % |
Application for quotation of +securities
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Application for quotation of +securities
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Options Details
+Security currency Exercise price Expiry date AUD - Australian Dollar AUD 0.00900000 11/9/2026 Details of the type of +security that will be issued if an option is exercised EDE : ORDINARY FULLY PAID Number of +securities that will be issued if an option is exercised One Ordinary Share
Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities to be quoted or provide the information by separate announcement. Issue details
Number of +securities to be quoted 243,333,333 Are the +securities being issued for a cash consideration? No
Please describe the consideration being provided for the +securities
Free attaching securities to the private placement completed 7 Sep 2022, and additional broker options
Please provide an estimate (in AUD) of the value of the consideration being provided per +security for the +securities to be quoted 0.001900 Any other information the entity wishes to provide about the +securities to be quoted The purpose(s) for which the entity is issuing the securities To raise additional working capital
Application for quotation of +securities
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Application for quotation of +securities
Part 4 - Issued capital following quotation
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Following the quotation of the +securities the subject of this application, the issued capital of the entity will comprise:
(A discrepancy in these figures compared to your own may be due to a matter of timing if there is more than one application for quotation/issuance currently with ASX for processing.)
4.1 Quoted +securities (total number of each +class of +securities quoted on ASX following the +quotation of the +securities subject of this application)
| Total number of | |
|---|---|
| ASX +security code and description | +securities on issue |
| EDE : ORDINARY FULLY PAID | 2,996,970,180 |
| EDEOC : OPTION EXPIRING 28-APR-2025 | 313,614,981 |
| EDEO : OPTION EXPIRING 07-OCT-2024 | 111,854,354 |
| New class - code to be confirmed : OPTIONS EXPIRING 11-9-2026 | 243,333,333 |
4.2 Unquoted +securities (total number of each +class of +securities issued but not quoted on ASX)
| Total number of | |
|---|---|
| ASX +security code and description | +securities on issue |
| EDEAE : OPTION EXPIRING 01-DEC-2023 EX $0.04379 | 6,850,762 |
Application for quotation of +securities
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Application for quotation of +securities
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Part 5 - Other Listing Rule requirements
5.1 Are the +securities being issued under an exception in Listing Rule 7.2 and therefore the issue does not need any security holder approval under Listing Rule 7.1? No
5.2 Has the entity obtained, or is it obtaining, +security holder approval for the issue under listing rule 7.1? No
5.2b Are any of the +securities being issued without +security holder approval using the entity's 15% placement capacity under listing rule 7.1? Yes
5.2b.1 How many +securities are being issued without +security holder approval using the entity's 15% placement capacity under listing rule 7.1?
243,333,333
5.2c Are any of the +securities being issued without +security holder approval using the entity's additional 10% placement capacity under listing rule 7.1A (if applicable)? No
Application for quotation of +securities
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