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SCIDEV LTD — Share Issue/Capital Change 2009
Apr 29, 2009
65761_rns_2009-04-29_f5d3ef4a-a588-409d-8326-d3b0edd16e36.pdf
Share Issue/Capital Change
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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 to be issued 2 Number of+securities issued or to be issued (if known) or maximum number which may be issued 3 Principal terms of the+securities (eg, if options, exercise price and expiry date; if partly paid +securities, the amount outstanding and due dates for payment; if +convertible securities, the conversion price and dates for conversion) |
Fully paid ordinary shares |
|---|---|
| 1,660,179 | |
| The fully paid ordinary shares rank equally in all respects with the Company’s quoted securities coded INL. |
Appendix 3B New issue announcement
Intec Ltd
4 Do the[+] securities rank equally in all respects from the date of allotment with an existing[+] class of quoted[+] securities? If the additional securities do not rank equally, please state:
Yes.
-
the date from which they do
-
the extent to which they participate for the next dividend, (in the case of a trust, distribution) or interest payment
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the extent to which they do not rank equally, other than in relation to the next dividend, distribution or interest payment
-
5 Issue price or consideration
1. $0.08 per share. 2. $0.01725 per share.
6 Purpose of the issue (If issued as consideration for the acquisition of assets, clearly identify those assets)
1. The excerise of 10,000 31 December 2009 Quoted Options –exercise price $0.08. 2. $28,474 considersation for consulting services provided to Intec Ltd by Evermoore Environmental Services Pty Ltd.
- 7 Dates of entering[+] securities into uncertificated holdings or despatch of certificates
30 April 2009
Number +Class 8 Number and +class of all 675,947,027 Fully paid Ordinary Shares +securities quoted on ASX ( including the securities in clause 2 if applicable) 131,909,975 31 December 2009 Quoted Options – exercise price $0.08
Appendix 3B Page 2
Appendix 3B New issue announcement
Intec Ltd
| 9 Number and +class of all +securities not quoted on ASX (_including_the securities in clause 2 if applicable) |
Number | +Class |
|---|---|---|
| 1,275,000 | 30 June 2009 Options – exercise price $0.49625 |
|
| 5,869,014 | 24 February 2010 Options – exercise price $0.069 |
|
| 7,210,000 | 31 August 2011 Options – exercise price $0.11 |
|
| 4,700,000 | 25 September 2012 Options – exercise price $0.15 |
|
| 6,350,000 | 25 September 2012 Options – exercise price $0.15 These options will not vest, and may not be exercised, until the Trigger Price Threshold of $0.25 is met. To meet the Trigger Price Threshold, the price of Intec Ltd shares traded on the Australian Securities Exchange must have closed above $0.25 for 20 consecutive trading days or Intec Ltd must have received a bona fide offer for a majority or all of its shares whether by takeover or scheme of arrangement. |
- 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? to 33
Quentions 11 to 33 are not applicable.
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
Appendix 3B Page 3
Appendix 3B New issue announcement
Intec Ltd
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 out ] the number of holders in the categories 1 - 1,000 1,001 - 5,000 5,001 - 10,000 10,001 - 100,000 100,001 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
Appendix 3B Page 4
Appendix 3B New issue announcement
Intec Ltd
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: 30 April 2009
==> picture [102 x 58] intentionally omitted <==
(Director ~~/Secretary)~~
Print name:
Philip R Wood
Rule 2.7, 3.10.3, 3.10.4, 3.10.5
Appendix 3B Page 5