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ORCODA LIMITED Capital/Financing Update 2017

Mar 5, 2017

65482_rns_2017-03-05_c3353ca8-9fbe-49f2-a783-c4d22aaa842d.pdf

Capital/Financing Update

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Rule
2.7,
3.10.3,
3.10.4,
3.10.5

**Appendix

3B**

**New

issue
announcement, application
for
quotation
of
additional
securities and
agreement**

_Information
or
documents
not
available
now
must
be
given
to
ASX
as
soon
as
available.

Information
and documents
given
to
ASX
become
ASX’s
property
and
may
be
made
public._

Introduced
01/07/96
Origin:
Appendix
5
Amended
01/07/98,
01/09/99,
01/07/00,
30/09/01,
11/03/02,
01/01/03,
24/10/05,
01/08/12, 04/03/13

Name
of
entity

SmartTrans
Holdings
Limited

ABN 86
009
065
650

We
(the
entity)
give
ASX
the
following
information.

**Part

1
-­‐
All
issues**

You
must
complete
the
relevant
sections
(attach
sheets
if
there
is
not
enough
space).

1
+Class of+securities issued or to
be issued



2
Number of+securities issued or to
be issued (if known) or maximum
number which may be issued



3
Principal terms of the+securities
(e.g. if options, exercise price and
expiry
date;
if
partly
paid
+securities,
the
amount
outstanding and due dates for
payment;
if
+convertible
securities, the conversion price
and dates for conversion)
Fully paid ordinary shares.
163,012,494
The terms of the ordinary share are as per
existing ordinary fully paid shares already
quoted.



4
Do the+securities rank equally in
all respects from the+issue date
with an existing+class of quoted
+securities?

If the additional+securities do not
rank equally, please state:
• the date from which they do
• the extent to which they
participate
for
the
next
dividend, (in the case of a
trust, distribution) or interest
payment
• the extent to which they do
not rank equally, other than in
relation to the next dividend,
distribution
or
interest
payment


5
Issue price or consideration



6
Purpose of the issue
(If issued as consideration for the
acquisition
of
assets,
clearly
identify those assets)


6a
Is the entity an+eligible entity that
has
obtained
security
holder
approval under rule 7.1A?

If Yes, complete sections 6b – 6h
in relation to the+securities the
subject of this Appendix 3B, and
comply with section 6i


6b
The date the security holder
resolution under rule 7.1A was
passed


6c
Number
of
+securities
issued
without security holder approval
under rule 7.1


6d
Number of+securities issued with
security holder approval under
rule 7.1A

The shares rank equally with existing fully paid
ordinary shares on issue.
$0.01 per share
The shares were issued as part of the capital
raising as outlined in the announcement
released to the market on 23 December 2016.
No.
Not applicable.
Not applicable.
Not applicable.

11526743.2

NSY
NSY

  • See
    chapter
    19
    for
    defined
    terms. Appendix
    3B
    Page
    2 ME_116245203_1
    (W2003x)

04/03/2013

6e
Number of+securities issued with
security holder approval under
rule 7.3, or another specific
security holder approval (specify
date of meeting)



6f
Number
of
+securities
issued
under an exception in rule 7.2


6g
If+securities issued under rule
7.1A, was issue price at least 75%
of 15 day VWAP as calculated
under rule 7.1A.3? Include the
+issue date and both values.
Include the source of the VWAP
calculation.


6h
If+securities were issued under
rule
7.1A
for
non-cash
consideration, state date on which
valuation of consideration was
released
to
ASX
Market
Announcements


6i
Calculate the entity’s remaining
issue capacity under rule 7.1 and
rule 7.1A – complete Annexure 1
and
release
to
ASX
Market
Announcements


7
+Issue dates
Note: The issue date may be prescribed by ASX
(refer to the definition of issue date in rule
19.12). For example, the issue date for a pro rata
entitlement
issue
must
comply
with
the
applicable timetable in Appendix 7A.
Cross reference: item 33 of Appendix 3B.




8
Number
and
+class
of
all
+securities
quoted
on
ASX
(_including_the+securities in section
2 if applicable)


163,012,494
Nil
Not applicable.
Not applicable.
Not applicable.
3 March 2017
Number +Class
2,707,016,726
Fully
paid
ordinary
shares


9
Number
and
+class
of
all
+securities not quoted on ASX
(including
the
+securities
in
section 2 if applicable)





10
Dividend policy (in the case of a
trust, distribution policy) on the
increased capital (interests)
Number +Class
Nil (after expiry of
10,000,000 Options)



Nil (after expiry of
10,000,000 Options)




1,300,000




131,322,912




5,000,000




6,026,233




2,000,000
Unlisted
Options
exercisable at $0.03
on
or
before
9
September 2016

Unlisted
Options
exercisable at $0.04
on
or
before
9
September 2016


Unlisted
Options
exercisable at $0.03
on or before 11 May
2018

Unlisted
Options
exercisable at $0.035
on or before 23 June
2017

Unlisted
Options
exercisable at $0.035
on or before 23 June
2017

Unlisted
Options
exercisable at $0.067
on
or
before
8
December 2018.

Unlisted
Options
exercisable at $0.035
on
or
before
1
February 2018.
No change

**Part

2
-­‐
Pro
rata
issue**

11 Is security holder approval Not
applicable. required?

11526743.2

NSY
NSY

  • See
    chapter
    19
    for
    defined
    terms.

Appendix
3B
Page
4 ME_116245203_1
(W2003x)

04/03/2013

12
Is the issue renounceable or non-
renounceable?


13
Ratio in which the+securities will
be offered


14
+Class of+securities to which the
offer relates


15
+Record
date
to
determine
entitlements


16
Will holdings on different registers
(or subregisters) be aggregated for
calculating entitlements?


17
Policy for deciding entitlements in
relation to fractions



18
Names of countries in which the
entity has security holders who will
not be sent new offer documents
Note: Security holders must be told how their
entitlements are to be dealt with.
Cross reference: rule 7.7.


19
Closing
date
for
receipt
of
acceptances or renunciations
20
Names of any underwriters




21
Amount of any underwriting fee or
commission


22
Names of any brokers to the issue




23
Fee or commission payable to the
broker to the issue


24
Amount
of
any
handling
fee
payable to brokers who lodge
acceptances or renunciations on
behalf of security holders


25
If the issue is contingent on
security holders’ approval, the date
of the meeting

Not applicable.
Not applicable.
Not applicable.
Not applicable.
Not applicable.
Not applicable.
Not applicable.
Not applicable.
Not applicable.
Not applicable.
Not applicable.
Not applicable.
Not applicable.
Not applicable.
26
Date entitlement and acceptance
form and offer documents will be
sent to persons entitled


27
If the entity has issued options, and
the terms entitle option holders to
participate on exercise, the date on
which notices will be sent to option
holders


28
Date rights trading will begin (if
applicable)


29
Date rights trading will end (if
applicable)




30
How do security holders sell their
entitlements_in full_through a
broker?


31
How do security holders sell_part_of
their entitlements through a broker
and accept for the balance?


32
How do security holders dispose of
their entitlements (except by sale
through a broker)?


33
+Issue date

Not applicable.
Not applicable.
Not applicable.
Not applicable.
Not applicable.
Not applicable.
Not applicable.
Not applicable.

11526743.2

NSY
NSY +
See
chapter
19
for
defined
terms. Appendix
3B
Page
6 ME_116245203_1
(W2003x)

04/03/2013

**Part

3
-­‐
Quotation
of
securities**

You
need
only
complete
this
section
if
you
are
applying
for
quotation
of
securities

  • 34 Type
    of[+] securities ( tick
    one
    )

  • (a) +Securities
    described
    in
    Part
    1

  • (b)[All
    other
    ][+][securities
    ]

Example:
restricted
securities
at
the
end
of
the
escrowed
period,
partly
paid
securities
that
become
fully
paid,
employee incentive
share
securities
when
restriction
ends,
securities
issued
on
expiry
or
conversion
of
convertible
securities

**Entities

that
have
ticked
box
34(a)**

**Additional

securities
forming
a
new
class
of
securities**

Tick
to
indicate
you
are
providing
the
information
or documents

  • 35[If
    the
    ] additional[+][securities
    are
    ][+] securities,
    and
    the
    number
    and
    percentage
    of
    additional[+][equity
    securities,
    the
    names
    of
    the
    20
    largest
    holders
    of
    the
    ][+] securities
    held by
    those
    holders

  • 36 +[If
    the
    ] securities
    setting
    out
    the
    number
    of
    holders
    in
    the
    categories[+][securities
    are
    ][+][equity
    securities,
    a
    distribution
    schedule
    of
    the
    additional
    ] 1
    -­‐
    1,000

  • 1,001
    -­‐
    5,000

  • 5,001
    -­‐
    10,000

  • 10,001
    -­‐
    100,000

  • 100,001
    and
    over

37

  • [A
    copy
    of
    any
    trust
    deed
    for
    the
    additional
    ][+][securities
    ]

**Entities

that
have
ticked
box
34(b)**

  • 38 Number
    of[+] securities
    for
    which +quotation
    is
    sought

  • 39 +Class
    of +securities
    for
    which quotation
    is
    sought

  • 40 Do
    the[+] securities
    rank
    equally
    in
    all respects
    from
    the[+] issue
    date
    with an existing +class of quoted +securities? If
    the
    additional[+] securities
    do
    not rank
    equally,
    please
    state: • the
    date
    from
    which
    they
    do

  • • the extent to which they participate
    for
    the
    next
    dividend, (in the case of a trust, distribution)
    or
    interest
    payment

  • • the
    extent
    to
    which
    they
    do
    not rank
    equally,
    other
    than
    in relation
    to
    the
    next
    dividend, distribution
    or
    interest
    payment

41 Reason
for
request
for
quotation now Example:
In
the
case
of
restricted
securities,
end
of restriction
period

(if issued upon conversion of another[+] security,
clearly
identify that
other[+] security)

  • Number Class 42 Number
    and[+] class
    of
    all[+] securities quoted
    on
    ASX
    ( including the +securities
    in
    clause
    38)

11526743.2

NSY
NSY +
See
chapter
19
for
defined
terms. Appendix
3B
Page
8 ME_116245203_1
(W2003x)

04/03/2013

**Quotation

agreement**

  • 1 Quotation
    of
    our
    additional securities
    is
    in
    ASX’s
    absolute
    discretion.

ASX
may quote
the[+] securities
on
any
conditions
it
decides.

  • 2 We
    warrant
    the
    following
    to
    ASX.

  • The
    issue
    of
    the[+] securities
    to
    be
    quoted
    complies
    with
    the
    law
    and
    is
    not for
    an
    illegal
    purpose.

  • There
    is
    no
    reason
    why
    those[+] securities
    should
    not
    be
    granted[+] quotation.

  • An
    offer
    of
    the[+] securities
    for
    sale
    within
    12
    months
    after
    their
    issue
    will not
    require
    disclosure
    under
    section
    707(3)
    or
    section
    1012C(6)
    of
    the Corporations
    Act.

    • Note:
      An
      entity
      may
      need
      to
      obtain
      appropriate
      warranties
      from
      subscribers
      for
      the
      securities
      in
      order
      to
      be
      able
      to

give
this
warranty

  • Section
    724
    or
    section
    1016E
    of
    the
    Corporations
    Act
    does
    not
    apply
    to
    any applications
    received
    by
    us
    in
    relation
    to
    any[+] securities
    to
    be
    quoted
    and that
    no-­‐one
    has
    any
    right
    to
    return
    any[+] securities
    to
    be
    quoted
    under sections
    737,
    738
    or
    1016F
    of
    the
    Corporations
    Act
    at
    the
    time
    that
    we request
    that
    the[+] securities
    be
    quoted.

  • If
    we
    are
    a
    trust,
    we
    warrant
    that
    no
    person
    has
    the
    right
    to
    return
    the + securities
    to
    be
    quoted
    under
    section
    1019B
    of
    the
    Corporations
    Act
    at

  • the
    time
    that
    we
    request
    that
    the[+] securities
    be
    quoted.

  • 3 We
    will
    indemnify
    ASX
    to
    the
    fullest
    extent
    permitted
    by
    law
    in
    respect
    of
    any claim,
    action
    or
    expense
    arising
    from
    or
    connected
    with
    any
    breach
    of
    the warranties
    in
    this
    agreement.

  • 4 We
    give
    ASX
    the
    information
    and
    documents
    required
    by
    this
    form.

If
any information
or
document
is
not
available
now,
we
will
give
it
to
ASX
before + + quotation
of
the securities
begins.

We
acknowledge
that
ASX
is
relying
on
the

  • information
    and
    documents.
    We
    warrant
    that
    they
    are
    (will
    be)
    true
    and
    complete.

==> picture [77 x 45] intentionally omitted <==

Sign
here: ............................................................
Date:
6
March
2017 (Company
secretary)

Print
name: Leanne
Ralph

==
==
==
==
==