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ENVIRONMENTAL CLEAN TECHNOLOGIES LIMITED. Capital/Financing Update 2013

Dec 3, 2013

64819_rns_2013-12-03_bed1c2fe-c4af-4aec-8f2d-25be120f1471.pdf

Capital/Financing Update

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Via ASX online

ASX Market Announcements Office

3 December 2013

Information disclosed under ASX Listing Rules 3.10.5A and 7.1A.4(b)

Environmental Clean Technologies Limited (ASX:ESI) (Company or ECT) provides the following additional information under ASX Listing Rule 3.10.5A. in relation to the four separate share issues under listing rule 7.1A on 6 February 2013, 19 February 2013, 22 May and 7 June 2013 per the below details.

The following information is provided as a matter of record only.

Share Issue on the 6 February 2013

  • a) A total of 55,906,815 shares were issued at a price of 0.906¢ per share pursuant to Listing Rule 7.1A (representing 3.3% of the then post placement capital).

  • a. pre-placement security holders who did not participate in the Bond conversion held an aggregate 94.38% of the then post-placement capital

  • b. pre-placement security holders who did participate in the Bond conversion held an aggregate 4.98% of the then post-placement capital

  • c. participants in the Bond conversion who were not previously security holders held an aggregate 0.65% of the then post-placement capital

  • b) The issue of fully paid shares through this capital raising related to conversion notices and fees payable under the Strategic Deliverable Bond issued 21 November 2012. The Company considered the Bond to be the most efficient and reliable method available for raising the funds required to advance the stated objectives given the funding certainty.

  • c) No underwriting arrangements were entered into.

  • d) The capital raising fee in relation to the Strategic Deliverable Bond was 3%.

Share Issue on the 19 February 2013

  • a) A total of 83,453,878 shares were issued at a price of 0.8987¢ per share pursuant to Listing Rule 7.1A (representing 4.8% of the then post placement capital).

  • a. pre-placement security holders who did not participate in the Bond conversion held an aggregate 95.15% of the then post-placement capital

  • b. pre-placement security holders who did participate in the Bond conversion held an aggregate 4.85% of the then post-placement capital

  • c. there were no participants in the Bond conversion who were not previously security holders

  • b) The issue of fully paid shares through this capital raising related to conversion notices and fees payable under the Strategic Deliverable Bond issued 21 November 2012. The Company considered the Bond to be the most efficient and reliable method available for raising the funds required to advance the stated objectives given the funding certainty.

  • c) No underwriting arrangements were entered into.

  • d) The capital raising fee in relation to the Strategic Deliverable Bond was 3%.

Level 7, 530 Little Collins Street, Melbourne Vic, 3000 Australia | Phone +613 9909 7684 | www.ectltd.com.au | ABN 28 009 120 405 Listed on the Australian Stock Exchange (ASX:ESI)

Share Issue on the 22 May 2013

  • a) A total of 19,072,018 shares were issued at a price of 0.7865¢ per share pursuant to Listing Rule 7.1A (representing 1.1% of the then post placement capital).

  • a. pre-placement security holders who did not participate in the Bond conversion held an aggregate 98.93% of the then post-placement capital

  • b. pre-placement security holders who did participate in the Bond conversion held an aggregate 1.07% of the then post-placement capital

  • c. there were no participants in the Bond conversion who were not previously security holders

  • b) The issue of fully paid shares through this capital raising related to conversion notices and fees payable under the Strategic Deliverable Bond issued 21 November 2012. The Company considered the Bond to be the most efficient and reliable method available for raising the funds required to advance the stated objectives given the funding certainty.

  • c) No underwriting arrangements were entered into.

  • d) The capital raising fee in relation to the Strategic Deliverable Bond was 3%.

Share Issue on the 7 June 2013

  • a) A total of 2,476,664 shares were issued at a price of 0.72¢ per share pursuant to Listing Rule 7.1A (representing 0.1% of the then post placement capital).

  • a. pre-placement security holders who did not participate in the Bond conversion held an aggregate 98.03% of the then post-placement capital

  • b. pre-placement security holders who did participate in the Bond conversion held an

    • aggregate 1.97% of the then post-placement capital
  • c. there were no participants in the Bond conversion who were not previously security holders

  • b) The issue of fully paid shares through this capital raising related to conversion notices and fees payable under the Strategic Deliverable Bond issued 21 November 2012. The Company considered the Bond to be the most efficient and reliable method available for raising the funds required to advance the stated objectives given the funding certainty.

  • c) No underwriting arrangements were entered into.

  • d) The capital raising fee in relation to the Strategic Deliverable Bond was 3%.

For further information, please contact:

Adam Giles Company Secretary Office Phone: 03 9909 7684

Email: [email protected]