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KNOSYS LIMITED — Capital/Financing Update 2018
Jul 26, 2018
65195_rns_2018-07-26_6b1cc2b5-c8f8-4ec8-b557-0f348413e03e.pdf
Capital/Financing Update
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Knosys Limited ABN 96 604 777 862 Suite 9.08, Level 9, 2 Queen St Melbourne VIC 3000 www.Knosys.it (ASX:KNO)
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ASX Announcement
27 July 2018
KNOSYS RIGHTS ISSUE NOW FULLY UNDERWRITTEN
Knosys Limited (KNO:ASX) ( Knosys or Company ) is pleased to announce that the 7 for 19 nonrenounceable rights issue to raise approximately $2.65 million ( Rights Issue ) has now been fully underwritten, securing 100% of the funding sought by the Company.
Blue Ocean Equities is the lead manager and underwriter to the issue. This underwriting ensures the Company will receive the full $2.65 million from the Rights Issue (before costs), bringing the total capital raising to $4.02 million (before costs). The Company has previously announced the successful placement to sophisticated investors in May 2018, raising $1.37 million (before costs).
“The success of the Rights Issue is now assured and this gives us great confidence as we move forward with our growth plans,” said CEO Mr John Thompson.
“We are pleased with the support shown by the underwriter and the new and existing investors who have taken part in the placement and those who have, to date, participated in the Rights Issue,” said Mr Thompson.
The Rights Issue offer closes 5:00pm (Melbourne time) on Tuesday, 31 July 2018.
Details of the Rights Issue offer and an entitlement and acceptance form were sent to all eligible shareholders on Monday 16 July 2018.
For further information regarding the Rights Issue, please contact the Company’s share registry Automic on 1300 288 664 or +61 2 9698 5414.
About Knosys Limited
The Knosys Knowledge IQ platform is an enterprise-grade, knowledge management solution that enables companies through a machine learning approach to discover and deliver personalised information to staff and customers to transform productivity and engagement.
The solution is designed to be the #1 used app in the life of an information worker being available on their desktop, tablet or smartphone. It drives productivity and optimizes processes by incorporating process wizards, decision guidance, collaboration and feedback while at the same time learning based on user behaviours, patterns and profiles. It also acts as the single knowledge hub from which all digital engagement solutions such as chatbots, web sites, self-service kiosks can consume relevant information to interact with end customers in a consistent manner.
For more information, please visit: www.knosys.it
For further information, please contact: John Thompson, CEO Knosys Limited T: +61 3 9046 9700 E: [email protected]