Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

INVION LIMITED Capital/Financing Update 2018

Feb 19, 2018

65148_rns_2018-02-19_172caf8c-86cf-49d4-97a7-40e51b02cd94.pdf

Capital/Financing Update

Open in viewer

Opens in your device viewer

ASX / MEDIA ANNOUNCEMENT

==> picture [161 x 76] intentionally omitted <==

NOTICE OF DISPATCH OF RIGHTS ISSUE OFFER DOCUMENTATION

TO ELIGIBLE SHAREHOLDERS

Brisbane, Australia 20 February 2018 : Invion Limited (ASX: IVX) ( Invion or Company ) is pleased confirm the Company has completed the dispatch of all Offer Documentation to Eligible Shareholders in relation to the non-renounceable pro-rata entitlement offer (Entitlement Offer), announced 12 February 2018.

The Entitlement Offer allows Eligible Shareholders to subscribe for 8 new shares for every 27 shares held on the Record Date.

Shares issued under the Rights Issue will be issued at a price of $0.002 per share to raise up to $2.5 million.

As approved by shareholders at Invion’s Annual General Meeting held on 30 November 2017, the Offer is fully underwritten by The Cho Group Limited. The proceeds of the Offer will provide funds for general working capital and to fund the repayment of debt.

Eligible Shareholders should consult the Offer Documentation and the Company’s recent announcements for further details.

Further information

For further information regarding the Entitlement Offer, please contact Invion on 1300 963 991 (within Australia) or +61 1300 963 991 (outside Australia) between 8.30am to 5.00pm (AEDT) Monday to Friday during the offer period. Alternatively, contact your stockbroker, solicitor, accountant or other professional adviser.

Invion Limited ABN 76 094 730 417

GPO Box 1557, Brisbane, QLD, 4001. P +61 7 3295 0500 F +61 7 3295 0599 www.inviongroup.com