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OPENLEARNING LIMITED — Capital/Financing Update 2021
Dec 6, 2021
65492_rns_2021-12-06_e57d60ca-ce86-49a2-a9de-d8ba2e50bae7.pdf
Capital/Financing Update
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ASX Announcement | 7 December 2021
Update to entitlement issue timetable
Sydney, Australia, 7 December 2021: OpenLearning Limited (‘OpenLearning’ or ‘the Company’) (ASX: OLL) refers to its announcement of 26 November 2021 (‘Announcement’) and prospectus dated 6 December 2021 (released to the market announcements platform on 7 December 2021) (‘Prospectus’) with respect to a non-renounceable entitlement issue on the terms set out in the Prospectus (‘Entitlement Issue’).
The Company hereby advises that the indicative timetable set out in the Announcement and the timetable set out in the Prospectus are replaced with the timetable set out below:
| Announcement of Entitlement Issue | 26 November 2021 |
|---|---|
| Lodgement of Prospectus with the ASIC and ASX | 6 December 2021 |
| Announcement of Revised Timetable | 7 December 2021 |
| Ex date | 13 December 2021 |
| Record Date for determining Entitlements | 14 December 2021 |
| Offer opening date, Prospectus sent out to Shareholders and Company | 15 December 2021 |
| announces this has been completed | |
| Last day to extend the Closing Date | 21 December 2021 |
| Closing Date as at 5:00pm AEDT* | 24 December 2021 |
| Securities quoted on a deferred settlement basis | 29 December 2021 |
| Announcement of results of issue | 5 January 2022 |
| Issue date and lodgement of Appendix 2A with ASX applying for quotation | 5 January 2022 |
| of the Shares | |
| Quotation of Shares issued under the Offer* | 6 January 2022 |
*The Directors may extend the Closing Date by giving at least 3 Business Days’ notice to ASX prior to the Closing Date. Accordingly, the date the Shares are expected to commence trading on ASX may vary.
As a result of changes to the timetable, the Company will cancel the Appendix 3B released on 26 November 2021 (‘Previous Appendix 3B’) and will issue a replacement Appendix 3B prior to market open tomorrow (‘Replacement Appendix 3B’). The effect of this is that the corporate action commenced as a result of the Previous Appendix 3B is cancelled with effect from cancellation of the Previous Appendix 3B and a replacement corporate action will commence in accordance with the Replacement Appendix 3B and timetable set out above.
Ends.
Authorised by:
Adam Brimo Group CEO & Managing Director
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----- Start of picture text ----- OpenLearning Limited (ASX: OLL) 1ACN 635 890 390 • Phone: +61 2 8294 9686 • Web: www.openlearning.comAddress: Level 2, 235 Commonwealth Street, Surry Hills NSW 2010, Australia----- End of picture text -----