AI assistant
NEXTED GROUP LIMITED — Capital/Financing Update 2016
Apr 25, 2016
65463_rns_2016-04-25_08d49544-f423-4e9b-938e-4f14f8c0facb.pdf
Capital/Financing Update
Open in viewerOpens in your device viewer
==> picture [595 x 82] intentionally omitted <==
----- Start of picture text ----- | ASX Announcement----- End of picture text -----
26 April 2016
Australian Securities Exchange Limited Via e - lodgement – ASX Code ICT
RESTRICTED SECURITIES DUE FOR RELEASE FROM ESCROW
In accordance with ASX Listing Rule 3.10A, the Company advises that the following securities will be released from escrow on 2 May 2016.
| Security Description | Release Date | Number |
|---|---|---|
| Ordinaryfully paid shares | 2 May2016 | 10,416,667 |
| Options expiring 31-March 2019exercisable at 30 cents each | 2 May 2016 | 5,208,333 |
| Performance Shares | 2 May2016 | 5,500,002 |
About iCollege Limited:
iCollege Limited is an ASX listed training organisation positioned to become one of Australia's leading educators.
iCollege has a demonstrated commitment and clear strategy to provide ethical and sustainable training to Australian students through over 170 accredited and non-accredited courses. This has enabled the Company to achieve high quality student outcomes, including course completion rates of over 70 per cent of students, against an industry average of around 35 per cent. iCollege students have excellent employment prospects upon graduation and are assisted through iCollege’s growing network of strategic partnerships with peak industry bodies, like the Western Australian Business Association and Clubs Queensland.
-ENDS-
For further Information:
Mr Ross Cotton, Executive Chairman
iCollege Limited
+61 (0) 419 870 363 [email protected]
iCollege Ltd ABN 75 105 012 066 ASX: ICT
P: (08) 6380 2555 Suite 1 Ground Floor F: (08) 9381 1122 437 Roberts Road Email: [email protected] Subiaco WA 6008