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HOLISTA COLLTECH LIMITED — Capital/Financing Update 2020
Apr 19, 2020
65044_rns_2020-04-19_aba4513f-5cbe-4452-b23d-799c35921b5e.pdf
Capital/Financing Update
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Holista CollTech Limited
(ASX:HCT / ABN 24 094 515 992) 283 Rokeby Road Subiaco WA 6008 P: +61 8 6141 3500; F: +61 8 6141 3599 W: www.holistaco.com
ASX Announcement
20 April 2020
CONTROLLED PLACEMENT AGREEMENT
KUALA LUMPUR/PERTH, 20 April 2020 – Holista CollTech (ASX:HCT, “Holista”), is pleased to announce that it has utilised its Controlled Placement Agreement with Acuity Capital (“ CPA ”) to issue 12,000,000 HCT ordinary fully paid shares at an issue price of $0.1833 to raise $2,200,000 (inclusive of costs).
The issue price of $0.1833 represents a premium of 12.8% to the 15 day VWAP up to 20 April 2020 (inclusive) and a 6% discount to the closing price of $0.195 on 20 April 2020.
The Company advises that total capital now provided utilising the CPA, including the $2.2m the subject of this announcement, is $6.5M.
The shares will be issued out of the Company’s LR 7.1 and 7.1A capacity with an Appendix 2A and cleansing notice following on confirmation of share allotment on 21 April 2020.
Authorised by:
Stuart Usher
Company Secretary
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About Holista CollTech Ltd
Holista CollTech Ltd (“Holista”) is a natural wellness company, the result of a merger between Holista Biotech Sdn Bhd and CollTech Australia Ltd. The company has 3 main divisions:
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Dietary supplements and personal care
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Food Ingredients
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Ovine collagen
Holista has a global collaboration for Path-Away®, a plant-based solution that is proven to kill a broad spectrum of microbes. The all-natural alcohol-free solution is an active ingredient in Holista’s proprietary hand sanitiser, NatShield™ that is sold under its personal care range.
Holista researches, develops, manufactures and markets “health-style” products to address the unmet and evolving needs of natural medicine. Holista’s suite of ingredients includes low-GI baked products, reduced-sodium salts, low-fat fried foods and low-calorie sugar without compromising taste, odour and mouthfeel. Holista remains the only company to produce sheep (ovine) collagen using patented extraction methods.
For more information, please refer to http://www.holistaco.com
For further information, please contact:
Corporate Affairs & Business Opportunities
Dr Rajen Manicka: [email protected]
Media and Investor Relations Enquiries
Australia and New Zealand
Julia Maguire | Co-Founder & Executive Director The Capital Network Level 14, 234 George Street Sydney NSW 2000 Australia +61 419 815 386
julia @thecapitalnetwork.com.au
Global
Lai Kwok Kin, Founder and Managing Director WeR1 Consultants Pte Ltd 3 Phillip Street #12-01 Singapore 048693 E: [email protected] P: +65 67374844