AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

Sign up Log in

PACIFIC EDGE LIMITED Capital/Financing Update 2021

Sep 22, 2021

Capital/Financing Update

Opens in your device viewer

23 September 2021

==> picture [230 x 58] intentionally omitted <==

NZX Limited Level 1, NZX Centre 11 Cable Street Wellington

ASX Limited 20 Bridge Street Sydney NSW 2000

Pacific Edge Limited ( PEB ) has announced that it intends to make an offer consisting of:
- a. a placement of NZ$60 million / A$58.1 million (with the ability for PEB to increase the size of the placement at its discretion); and
- b. a retail offer to eligible shareholders in New Zealand, to raise approximately NZ$20 million / A$19.4 million (with the ability for PEB to accept oversubscriptions),

(together the Offer ).

The Offer is being made in reliance upon the exclusion in clause 19 of Schedule 1 of the Financial Markets Conduct Act 2013 ( FMCA ). The Offer is for new fully paid ordinary shares of the same class as already quoted on the NZX Main Board operated by NZX Limited.
This notice is given under clause 20(1)(a) of Schedule 8 of the Financial Markets Conduct Regulations 2014 ( FMC Regulations ) and under paragraph 708A(12J) of the Corporations Act 2001 (Cth) ( Corporations Act ), as notionally inserted by ASIC Instrument 21-0811.
PEB will issue the relevant shares under the Offer without disclosure to investors under Part 6D.2 of the Corporations Act.

As at the date of this notice:
a. PEB is in compliance with the continuous disclosure obligations that apply to it in relation to PEB's ordinary shares.
b.
```
- PEB is in compliance with its financial reporting obligations. 
```
- c. There is no information that is "excluded information" as defined in clause 20(5) of Schedule 8 of the FMC Regulations in respect of PEB.
- d. PEB has complied with its obligations under Rule 1.15.2 of the listing rules of ASX Limited.