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PENTANET LIMITED Capital/Financing Update 2021

Jan 26, 2021

64260_rns_2021-01-26_9aab7d03-354b-4f78-b8ba-d64d915b6fec.pdf

Capital/Financing Update

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Market Announcement

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27 January 2021

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Pentanet Limited (ASX: 5GG) – Admission and Commencement of Official Quotation

Description

Pentanet Limited (‘5GG’) was admitted to the Official List of ASX Limited (‘ASX’) today, Wednesday, 27 January 2021.

Official quotation of 5GG’s ordinary fully paid shares will commence at 10:00 AM WST on Friday, 29 January 2021.

5GG raised $22,460,000 pursuant to the offer under its prospectus dated 11 December 2020 (‘Prospectus’) by the issue of 89,840,000 shares at an issue price of $0.25 per share.

Quotation information

Quoted Securities: 175,355,662 fully paid ordinary shares
ASX Code: 5GG
Time: 10:00 AM WST
Date: Friday, 29 January 2021
ASX Trade Abbreviation: 5GG
ISIN: AU0000129496
Home Branch: Perth
Registered Office: Pentanet Limited
Address: 2/8 Corbusier Place
Balcatta WA 6021
Phone: 08 9466 2670
Email: [email protected]
Company Secretary: Patrick Holywell
Share Registry: Automic Pty Ltd
Address: Level 2, 267 St Georges Terrace
Phone: 1300 288 664
Email: [email protected]
Balance Date: 30 June
CHESS: Participating. CHESS and Issuer Sponsored.
Place of Incorporation: Western Australia
Dividend Policy: See section 2.12 of the Prospectus
Activities: Telecommunications carrier and internet service provider
Lead Manager: Euroz Hartleys Securities Limited

Market Announcement 1/2 ASX Customer Service Centre 131 279 | asx.com.au

27 January 2021 ASX Limited

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Underwriter: Euroz Hartleys Securities Limited
ASX Restricted Securities: 75,770,702 fully paid ordinary shares classified by ASX as restricted
securities and to be held in escrow until 29 January 2023, being 24 months
from the date of commencement of Official Quotation.
3,850,000 unquoted options exercisable at $0.13 each on or before 30 June
2021 classified by ASX as restricted securities and to be held in escrow until
29 January 2023, being 24 months from the date of commencement of
Official Quotation.
1,000,000 unquoted options exercisable at $0.13 each on or before 28
February 2022 classified by ASX as restricted securities and to be held in
escrow until 29 January 2023, being 24 months from the date of
commencement of Official Quotation.
7,900,000 unquoted options exercisable at $0.30 each on or before 30 June
2024 classified by ASX as restricted securities and to be held in escrow until
29 January 2023, being 24 months from the date of commencement of
Official Quotation.
7,900,000 unquoted options exercisable at $0.37 each on or before 30 June
2024 classified by ASX as restricted securities and to be held in escrow until
29 January 2023, being 24 months from the date of commencement of
Official Quotation.
7,900,000 unquoted options exercisable at $0.50 each on or before 30 June
2024 classified by ASX as restricted securities and to be held in escrow until
29 January 2023, being 24 months from the date of commencement of
Official Quotation.
12,043,571 fully paid ordinary shares classified by ASX as restricted
securities and to be held in escrow until 11 December 2021, being 12
months from the date of issue.
Other Securities Not Quoted: 1,970,000 unquoted options exercisable at $0.30 each on or before 30 June
2024.
1,970,000 unquoted options exercisable at $0.37 each on or before 30 June
2024.
1,970,000 unquoted options exercisable at $0.50 each on or before 30 June
2024.

What do I need to do and by when?

Please refer to 5GG’s Prospectus.

Need more information?

For further information, please call 5GG.

Disclaimer

Please refer to the following disclaimer.

Issued by

Wade Baggott

Manager, Listings Compliance (Perth)

Market Announcement 2/2

27 January 2021