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HOLISTA COLLTECH LIMITED — Capital/Financing Update 2020
Feb 18, 2020
65044_rns_2020-02-18_f8fda279-2261-443a-868e-17e987233319.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
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ASX Announcement
19 February 2020
CONTROLLED PLACEMENT AGREEMENT
KUALA LUMPUR/PERTH, 19 FEBRUARY 2020 – Holista CollTech Limited (ASX:HCT, Holista ), as announced on the 11 February 2020, increased its Controlled Placement Agreement ( CPA ) limit with Acuity Capital to a maximum of $5,000,000.
The Company is pleased to announce that it has utilised the CPA to raise $1,800,000 (inclusive of costs) by agreeing to issue 12,000,000 HCT shares out of its LR7.1A capacity at an issue price of $0.15.
The issue price of $0.15 represents a discount of 6.54% to the 15-day VWAP up to 18 February 2020 (inclusive).
An Appendix 2A and cleansing document will follow on confirmation of share allotment today.
This announcement has been approved for release by all members of the Holista Board
ENDS
For further information, please contact: Corporate Affairs & Business Opportunities
Dr Rajen Manicka: [email protected] General Enquiries: [email protected]
Malaysia
12th Floor, Amcorp Trade Centre, PJ Tower No. 18, Persiaran Barat off Jalan Timur 46000, Petaling Jaya, Malaysia P: +603 7965 2828 ; F: +603 7965 2777
Australia
283 Rokeby Road Subiaco WA 6008 P: +61 8 6141 3500 ; F: +61 8 6141 3599
Media and Investor Relations Enquiries
WeR1 Consultants Pte Ltd 3 Phillip Street #12-01 Singapore 048693 E: [email protected]; P: +65 67374844
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About Holista CollTech Ltd ( Holista )
Holista is a research-driven biotech company, the result of a merger between Holista Biotech Sdn Bhd and CollTech Australia Ltd. Headquartered in Perth and with extensive operations in Malaysia, the company is dedicated to delivering first-class natural ingredients and wellness products globally. Holista is a leader in the research of herbs and ingredients for the making of healthier food.
Listed on the Australian Securities Exchange ( ASX ), Holista researches, develops, manufactures and markets “health-style” products to address the unmet and evolving needs of natural medicine. Holista’s suite of ingredients, among other things, includes low-GI baked products, reduced-sodium salts, low-fat fried foods and low calories 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