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SCIDEV LTD Capital/Financing Update 2020

Aug 16, 2020

65761_rns_2020-08-16_fd47cc4c-db3e-4387-9b30-0d2c29f45d1b.pdf

Capital/Financing Update

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Unit 1 8 Turbo Road Kings Park NSW 2148 Australia ABN 25 001 150 849

Email: [email protected] Website: www.scidev.com.au ASX code: SDV

17 August 2020

Companies Announcements Office Australian Stock Exchange

SciDev SPP Closes Heavily Oversubscribed

SciDev Limited (ASX:SDV; SciDev , or the Company ) advises that its SPP offer (ref ASX: 16 July 2020 and 24 July 2020) closed in accordance with the released timetable at 5.00pm AEST on Friday, 14 August 2020.

The SPP offer was heavily oversubscribed. Final processing and reconciliation will take place early this week, followed by pro-rata scale back. The new SPP shares and scale-back refunds will be issued on 21 August 2020.

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Lewis Utting Managing Director & Chief Executive Officer

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Heath Roberts Company Secretary


For Further Information:

Corporate

Investors

Lewis Utting - Managing Director & Chief Executive Officer

Craig Sainsbury – Market Eye

Heath Roberts - Company Secretary (+61) 02 9622 5185

[email protected] 0428 550 499

About SciDev

SciDev is a leader in the development and application of services, chemistry and process control for solids-liquid separation. SciDev brings together world-class technology, chemistry, management and manufacturing capabilities to solve pressing operational and environmental issues for the Mining, Water Treatment, Oil & Gas and Construction markets.

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