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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

  • 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