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PENTANET LIMITED — Capital/Financing Update 2021
Dec 6, 2021
64260_rns_2021-12-06_baa59eec-ca6f-4d71-bc5b-d66c32670b95.pdf
Capital/Financing Update
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ASX: 5GG | ASX ANNOUNCEMENT 7 DECEMBER 2021
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Release of securities from escrow
Pentanet Ltd (ASX: 5GG) (Company) advises pursuant to ASX Listing Rule 3.10A that the following securities will be released from ASX imposed escrow on 11 December 2021. The Company will apply for quotation of these securities within five business days of the release of the securities from escrow. There will be no change to the issued capital of the Company as a result of the above.
| ASX security code and description | Total number of securities on issue |
|---|---|
| 5GGAA Ordinary Fully Paid Restricted | 12,043,571 |
This announcement has been authorised for release by the Company Secretary of Pentanet Limited, Mr Patrick Holywell.
| FO | |||||
| R FURTHER INFORMATI | ON, PLEASE CONTACT: | ||||
| Mr.Ma+6inv | Stephen Cornish | Mr. Patrick Holywell | Mr. Sh | ane Murphy | au |
| naging Director | Company Secretary | Media | Relations, FTI Consulting | ||
| 1 8 9466 2672 | +61 (0) 401 407 357 | +61 ( | 0) 420 945 291 | ||
| [email protected] | patrick.holywell@pe | ntanet.com.aushane | [email protected]. | ||
About Pentanet
Pentanet is a Perth-based, growth-focused telco delivering high-speed internet to a growing number of subscribers by providing them with next-generation internet speeds. This is achieved through Pentanet’s market-leading private fixed-wireless network, the largest in Perth, as well as reselling fixed-line services such as NBN, where its wireless is not yet available.
Pentanet’s flagship fixed wireless network has benefits for both customers and investors, offering an outstanding customer experience and a fixed-wireless product that is technically superior to most of the NBN – with attractive margins for investors. This sets Pentanet apart from most broadband providers, which only resell the NBN.
Pentanet will also be part of the rollout of the next wave of subscription-based entertainment services – cloud gaming. The Company’s Alliance Partner Agreement with NASDAQ listed NVIDIA – one of the world’s largest producers of specialised graphic chips used in gaming – allows Pentanet to be the first to bring their GeForce NOW technology to Australia in 2021.
Pentanet was listed as #28 in the Deloitte Technology Fast 500[TM] Asia Pacific 2020, a ranking of the region’s 500 fastest growing technology companies. On top of the Company's #28 overall ranking, Pentanet also ranked #3 for Australian companies on the list.
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ABN: 29 617 506 279
[email protected] +61 8 9466 2672
Unit 2, 8 Corbusier Place, Balcatta WA 6021