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ORCODA LIMITED — Capital/Financing Update 2022
Apr 27, 2022
65482_rns_2022-04-27_69f6adc3-c088-41e0-82a8-cd4e0bf98e0b.pdf
Capital/Financing Update
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Orcoda Limited Unit 305, 434 St Kilda Road, Melbourne, Vic, 3004 Australia Tel +61 3 9866 7333 www.orcoda.com
28 April 2022
ASX ANNOUNCEMENT – ORCODA LIMITED (ASX: ODA)
EXTENSION OF SPP CLOSING DATE
Orcoda Limited (ASX: ODA)(“ Orcoda ”) advises that the closing date of the Share Purchase Plan (SPP) offer to shareholders has been extended by 8 business days to 5.00 pm (WST) on Wednesday, 11 May 2022.
Orcoda is pleased with the response to its Share Purchase Plan so far, however, an extension is granted to overcome printing time and postal delays with the two sets of holidays this month, and so that the most recent financial information on the Company is available for shareholders to make the most informed decision possible.
Orcoda encourages shareholders to participate in the offer via digital channels to minimise disruption, including if necessary contacting the Managing Director Mr Jamieson or the Company Secretary Julian Rockett via their emails provided.
The decision to extend the Closing Date is consistent with Orcoda’s commitment to facilitate the participation of all eligible shareholders in the SPP. For more information on the SPP including how to participate, please visit our dedicated SPP website: https://spp.orcoda.com/
Non-Executive Chairman Nicholas Johansen, Managing Director Geoffrey Jamieson, NonExecutive Director Stephen Pronk and Non-Executive Director Brendon Mason has committed to subscribe for Shares under this offer.
Your Board looks forward to delivering continued growth across the business and report any material progress in commercialising Orcoda’s patented technology platform in the US market (announced 20 April 2022).
Indicative SPP Timetable
| Event | Date |
|---|---|
| Revised SPP Closing Date | 11 May 2022 |
| Revised Announcement of Results | 12 May 2022 |
| Revised Issue and Allotment of Shares under the SPP | 13 May 2022 |
| Revised Quotation of Shares under the SPP | 16 May 2022 |
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For more information please contact:
Company:
Geoff Jamieson Managing Director e: [email protected]
Investor Relations:
Vivek Miranda William Buck Corporate Advisory e: [email protected]
Julian Rockett Company Secretary e. [email protected]
ABOUT ORCODA
Orcoda Limited (ASX: ODA) is a leading provider of smart technology solutions for transport logistics and transport services with expertise in business efficiency and optimisation of processes. We are operational efficiency specialists who supply best-in-class solutions combining technology, management expertise and contracting services that make our clients among the most productive and cost-effective organisations in their respective industries.
Our clients come from a diverse array of industry sectors and include some of Australia’s largest companies operating in the resources (mining, oil & gas and infrastructure), transport logistics and healthcare transport sectors.
Orcoda’s combined expertise is focused on three key sectors of transport logistics technology and transport services: road, rail and air. We pride ourselves on enabling our clients to generate fast, accurate and reliable information, ensuring they are able to make the best business decisions the first time, every time and on time.