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QORIA LIMITED — Capital/Financing Update 2021
Jun 30, 2021
65649_rns_2021-06-30_a29749d8-9e00-4e57-9e6a-e95eb7a12dab.pdf
Capital/Financing Update
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ISSUE PLACEMENT SHARES
Family Zone Cyber Safety Ltd (ASX: FZO, Family Zone or the Company ), is pleased to advise that it has completed the issue of the 42,990,654 Shares at $0.535 per Share under its Placement (announced on 25 June 2021) raising $23 million (before costs).
The Company has also issued the following securities to Directors following approval by Shareholders at the General Meeting on 9 June 2021:
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4,000,000 STI Performance Rights;
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3,000,000 LTI Performance Rights; and
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4,500,000 Director Options ($0.50, 30 June 2021).
Further details in regard to the terms and conditions of these securities are outlined in the Notice of Meeting lodged with ASX on 6 May 2021.
In addition 232,540 Employee Performance Rights have lapsed and been cancelled.
Please refer to the Appendix 2A lodged with ASX on 1 July 2021 for details on the Placement Shares issued and the Appendix 3G and Appendix 3H lodged with ASX on 1 July 2021 for details of other securities issued and cancelled.
NOTICE UNDER SECTION 708A(5)(e) OF THE CORPORATIONS ACT 2001
This notice is given by Family Zone Cyber Safety Limited (ASX: FZO) (Family Zone or the Company) in relation to an issue of 42,990,654 Shares, to sophisticated and professional investors without disclosure to investors under Part 6D/2 of the Corporations Act 2001 (Cth) (Act).
The Company hereby notifies ASX under section 708A(5)(e) of the Act that:
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a. the Shares were issued without disclosure to investors under Part 6D.2 of the Act;
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b. the Company is providing this notice under paragraph (5)(e) of section 708A of the Act;
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c. as at the date of this notice, the Company has complied with the provisions of Chapter 2M of the Act as they apply to the Company;
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d. as at the date of this notice, the Company has complied with section 674 of the Act; and
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e. as at the date of this notice, there is no information:
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i. that has been excluded from a continuous disclosure notice in accordance with the ASX Listing Rules; and
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ii) that investors and their professional advisers would reasonably require for the purpose of making an informed assessment of:
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A) the assets and liabilities, financial position and performance, profits and losses and prospects of the Company; or
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B) the rights and liabilities attaching to the shares.
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Authorised for release by the Family Zone Board on 1 July 2021.
For more information, please contact:
Tim Levy Tim Dohrman Managing Director Investor Relations [email protected] [email protected] +61 413 563 333 +61 468 420 846
Family Zone Cyber Safety Limited 945 Wellington Street West Perth, WA 6005
About Family Zone
Family Zone is an ASX listed technology company focused on cyber safety. Meeting a growing demand to keep kids safe online and manage digital lifestyles, Family Zone has developed unique and innovative cloud-based solutions which combines Australian innovation with leading global technology.
To learn more about the Family Zone platform and the Company, please visit www.familyzone.com.