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SCIDEV LTD Capital/Financing Update 2020

Jul 13, 2020

65761_rns_2020-07-13_5e099d56-750d-4a66-8fce-ccdc95b9b407.pdf

Capital/Financing Update

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Market Announcement

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14 July 2020

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SciDev Ltd (ASX: SDV) – Trading Halt (2+2)

Description

The securities of SciDev Ltd (‘SDV’) will be placed in trading halt at the request of SDV, pending it releasing an announcement regarding a capital raising. Unless ASX decides otherwise, the securities will remain in trading halt until the earlier of the commencement of normal trading on Monday, 20 July 2020 or when the announcement is released to the market.

Issued by

Melissa Lim

Adviser, Listings Compliance (Sydney)

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

14 July 2020 ASX Limited

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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

14 July 2020

Ms Melissa Lim Adviser, Listings Compliance (Sydney) Australian Securities Exchange

Request for Trading Halt

SciDev Limited (ASX: SDV , SciDev , or the Company ) requests that two consecutive trading halts be placed on the Company’s securities pursuant to ASX Listing Rule 17.1, effective immediately, and provides the following information:

  • The Company makes the request pending the release of an announcement in relation to a capital raising.

  • The trading halt is expected to last until the earlier of the Company releasing an announcement related to the capital raising, or the commencement of trading on Monday, 20 July 2020.

  • The Company is not aware of any reason why the trading halt should not be granted.

Yours Sincerely SciDev Ltd

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Heath Roberts Company Secretary

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.