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SCIDEV LTD — Share Issue/Capital Change 2008
Dec 17, 2008
65761_rns_2008-12-17_7178fa5a-6154-4b97-8778-3a33ac513aa0.pdf
Share Issue/Capital Change
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ABN 25 001 150 849
Level 3 2 Elizabeth Plaza North Sydney NSW 2060 Australia PO Box 1507 North Sydney NSW 2059 Australia
Phone: 02-9925 8170 Fax: 02-9925 8110 Email: [email protected] Website: www.intec.com.au ASX code: INL
18 December 2008
Companies Announcements Office Australian Securities Exchange
Appendix 3B
Please see attached Appendix 3B in respect of shares issued by Intec Ltd (ASX Code: INL) to Carling Capital Partners Pty Ltd for financial advisory services provided to INL since June 2008.
Yours faithfully Intec Ltd
Philip R Wood Managing Director and Chief Executive Officer
Appendix 3B
New issue announcement, application for quotation of additional securities and agreement
Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX's property and may be made public.
Introduced 1/7/96. Origin: Appendix 5. Amended 1/7/98, 1/9/99, 1/7/2000, 30/9/2001, 11/3/2002, 1/1/2003.
Name of entity
Intec Ltd
ABN
25 001 150 849
We (the entity) give ASX the following information.
Part 1 - All issues
You must complete the relevant sections (attach sheets if there is not enough space).
| 1 | +Class of +securities issued or tobe issued | Fully paid ordinary shares. |
|---|---|---|
| 2 | Number of +securities issued or tobe issued (if known) or maximumnumber which may be issued | 2,767,000 |
| 3 | Principal terms of the +securities(eg, if options, exercise price andexpirydate;ifpartlypaid+securities, the amount outstandingand due dates for payment; if+convertiblesecurities,theconversion price and dates forconversion) | The fully paid ordinary shares rank equally in allrespects with the Company's quoted securities codedINL. |
| 4 | Do the +securities rank equally inall respects from the date ofallotment with an existing +class ofquoted +securities?If the additional securities do notrank equally, please state:•the date from which they do•theextenttowhichtheyparticipateforthenextdividend, (in the case of a trust,distribution)orinterestpayment•the extent to which they do notrank equally, other than inrelation to the next dividend,distribution or interest payment | Yes. | |
|---|---|---|---|
| 5 | Issue price or consideration | $0.02 per share. | |
| 6 | Purpose of the issue(If issued as consideration for theacquisitionofassets,clearlyidentify those assets) | Intec Ltd since June 2008. | $55,340 consideration for financial advisory servicesprovided by Carling Capital Partners Pty Limited to |
| 7 | Dates of entering +securities intouncertificated holdings or despatchof certificates | 18 December 2008. | |
| Number | +Class | ||
| 8 | +classNumberandofall+securitiesquotedonASX(including the securities in clause2 if applicable) | 674,287,448 | Fully paid Ordinary Shares |
| 20,000,000 | 31 December 2009 Quoted Options –exercise price $0.08 | ||
| 111,919,975 | These options were issued pursuant to theUnderwriting Agreement entered into withVeritas Securities Limited.31 December 2009 Quoted Options –exercise price $0.08 |
Appendix 3B New issue announcement Intec Ltd
| Number | +Class | |
|---|---|---|
| +class9Numberandofall+securities not quoted on ASX(including the securities in clause2 if applicable) | 1,275,000 | 30 June 2009 Options – exercise price$0.49625 |
| 5,869,014 | 24 February 2010 Options – exerciseprice $0.069 | |
| 7,210,000 | 31 August 2011 Options – exercise price$0.11 | |
| 4,700,000 | 25 September 2012 Options – exerciseprice $0.15 | |
| 6,350,000 | 25 September 2012 Options – exerciseprice $0.15These options will not vest, and may notbeexercised,untiltheTriggerPriceThreshold of $0.25 is met. To meet theTrigger Price Threshold, the price of IntecLtdsharestradedontheAustralianSecurities Exchange must have closedabove $0.25 for 20 consecutive tradingdays or Intec Ltd must have received abona fide offer for a majority or all of itsshares whether by takeover or scheme ofarrangement. |
10 Dividend policy (in the case of a trust, distribution policy) on the increased capital (interests)
The newly issued shares rank equally with the existing shares.
Part 2 - Bonus issue or pro rata issue
11
Is security holder approval required? Quentions 11 to 33 are not applicable.
to 33
Part 3 - Quotation of securities
You need only complete this section if you are applying for quotation of securities
- 34 Type of securities (tick one)
- (a) √ Securities described in Part 1
(b) All other securities
Example: restricted securities at the end of the escrowed period, partly paid securities that become fully paid, employee incentive share securities when restriction ends, securities issued on expiry or conversion of convertible securities
Entities that have ticked box 34(a)
Additional securities forming a new class of securities
Tick to indicate you are providing the information or documents
| 35 | If the +securities are +equity securities, the names of the 20 largest holders of the additional +securities,and the number and percentage of additional +securities held by those holders |
|---|---|
| 36 | If the +securities are +equity securities, a distribution schedule of the additional +securities setting outthe number of holders in the categories1 - 1,0001,001 - 5,0005,001 - 10,00010,001 - 100,000100,001 and over |
| 37 | A copy of any trust deed for the additional +securities |
Entities that have ticked box 34(b)
| 38 | Number of securities for which | Questions 38 to 42 are not applicable | |
|---|---|---|---|
| to | +quotation is sought | ||
| 42 |
Quotation agreement
- 1 +Quotation of our additional +securities is in ASX's absolute discretion. ASX may quote the +securities on any conditions it decides.
- 2 We warrant the following to ASX.
- The issue of the +securities to be quoted complies with the law and is not for an illegal purpose.
- There is no reason why those +securities should not be granted +quotation.
- An offer of the + securities for sale within 12 months after their issue will not require disclosure under section 707(3) or section 1012C(6) of the Corporations Act.
Note: An entity may need to obtain appropriate warranties from subscribers for the securities in order to be able to give this warranty
- Section 724 or section 1016E of the Corporations Act does not apply to any applications received by us in relation to any +securities to be quoted and that no-one has any right to return any +securities to be quoted under sections 737, 738 or 1016F of the Corporations Act at the time that we request that the +securities be quoted.
- We warrant that if confirmation is required under section 1017F of the Corporations Act in relation to the +securities to be quoted, it has been provided at the time that we request that the +securities be quoted.
- If we are a trust, we warrant that no person has the right to return the +securities to be quoted under section 1019B of the Corporations Act at the time that we request that the +securities be quoted
- 3 We will indemnify ASX to the fullest extent permitted by law in respect of any claim, action or expense arising from or connected with any breach of the warranties in this agreement.
- 4 We give ASX the information and documents required by this form. If any information or document not available now, will give it to ASX before +quotation of the +securities begins. We acknowledge that ASX is relying on the information and documents. We warrant that they are (will be) true and complete.
Sign here:
Date: 18 December 2008
(Director/Secretary)
Print name: Philip R. Wood
Appen3B 18Dec2008
Rule 2.7, 3.10.3, 3.10.4, 3.10.5