AI assistant
SCIDEV LTD — Share Issue/Capital Change 2021
Sep 14, 2021
65761_rns_2021-09-14_14ceaf68-2673-4be3-89b1-6e47f985348c.pdf
Share Issue/Capital Change
Open in viewerOpens in your device viewer
==> picture [275 x 55] intentionally omitted <==
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
Companies Announcements Office Australian Stock Exchange
15 September 2021
Final Tranche of Milestone Shares for ProSol Australia and Appendix 2A
SciDev Limited (ASX:SDV; SciDev , or the Company ) today releases an Appendix 2A Notice that covers the issue of 513,000 shares to the vendor of ProSol Australia Pty Ltd (ProSol), being the final tranche of milestoned share consideration under the terms of acquisition of ProSol (ref: ASX 22 October 2019).
Notice Under Section 708A(5)(e)
The Corporations Act 2001 (the “Act”) restricts the on-sale of securities issued without disclosure unless the sale is exempt under sections 708 or 708A. By the Company giving this notice, a sale of the securities noted above will fall within the exemption in section 708A(5)(e) of the Act.
The Company hereby notifies ASX under paragraph 708A(5)(e) of the Act that:
-
the Company will issue the securities without disclosure to the investor under Part 6D.2 of the Act;
-
as at the date of this notice, the Company has complied with:
-
a. the provisions of Chapter 2M of the Act as they apply to the Company;
-
b. section 674 of the Act; and
-
except as may be set out in this notice, as at the date of this notice there is no other information that is excluded information which is required to be set out in this notice under Section 708A(6)(e) of the Act.
This release has been approved by the SciDev Board.
On behalf of SciDev Ltd
==> picture [129 x 48] intentionally omitted <==
Lewis Utting Managing Director and Chief Executive Officer
For Further Information:
Corporate Investors Lewis Utting - Managing Director & CEO Craig Sainsbury – Market Eye Heath Roberts - Company Secretary [email protected] (+61) 02 9622 5185 0428 550 499
About SciDev
SciDev is a leader in the environmental solutions market focused on water intensive industries. SciDev brings together world-class technology, chemistry and application to solve pressing operational and environmental issues for the water, oil and gas, mining and construction markets.
2