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HYDROCARBON DYNAMICS LIMITED — Capital/Financing Update 2025
Jul 16, 2025
65041_rns_2025-07-16_530adf55-c3da-4214-bda4-e60dd53e6fef.pdf
Capital/Financing Update
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17 July 2025
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Entitlement Offer
Hydrocarbon Dynamics Limited (“HCD”) announces that it will undertake a 1 for 3 non-renounceable Entitlement Offer at 0.2 cents per share to raise up to approximately $718,000 before costs, if fully subscribed.
Shareholders will be provided with the ability to apply for surplus to their entitlement to the extent any shortfall is available at the closing of the Entitlement Issue offer period.
Funds raised from the Entitlement Issue to allow the Company to continue marketing its key product, HCD Multi-Flow® and to continue to review investment opportunities in the energy and energy technology space as well as for general working capital purposes. The offer is not underwritten.
Eligible shareholders are shareholders with a registered address in Australia or New Zealand as at the Record Date of 23 July 2025.
The indicative timetable for the Entitlement Offer is set out below:
| Event | Date |
|---|---|
| Announcement of the Entitlement Offer | Thursday, 17 July 2025 |
| Shares traded on an “ex” entitlement basis | Tuesday, 22 July 2025 |
| Record Date for eligibility to participate in the Entitlement Offer | Wednesday, 23 July 2025 |
| Dispatch of Entitlement Offer Booklet and Acceptance Form | Friday, 25 July 2025 |
| Entitlement Offer opens | Friday, 25 July 2025 |
| Last date to extend the offer closing date | Tuesday, 12 August 2025 |
| Entitlement Offer closes | Friday, 15 August 2025 |
| Securities quoted on a deferred settlement basis | Monday, 18 August 2025 |
| Shortfall (if any) announced to ASX | Wednesday, 20 August 2025 |
| Settlement of New Shares under the Entitlement Offer | Thursday, 21 August 2025 |
| Issue of New Shares under Entitlement Offer | Friday, 22 August 2025 |
| Dispatch of Holding Statements | Friday, 22 August 2025 |
This announcement has been approved by the Board of Directors.
For further information please contact:
Stephen Mitchell
Chairman Telephone: +61 3 9642 2899
Julie Edwards Company Secretary
Website: www.hcdinvestor.com
ASX code: HCD
ABN: 75 117 387 354 Tel: +61 3 9642 2899 | Fax: +61 3 9642 5177 Level 6, 412 Collins Street, Melbourne VIC 3000 Australia