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SCIDEV LTD — Share Issue/Capital Change 2010
Jul 13, 2010
65761_rns_2010-07-13_aa39951c-1441-4b18-a407-b1e4d2ea348e.pdf
Share Issue/Capital Change
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ABN 25 001 150 849
Level 3 Phone: 02-9954-7888 2 Elizabeth Plaza Fax: 02-8904-0334 North Sydney NSW 2060 Australia Email: [email protected] PO Box 1507 Website: www.intec.com.au North Sydney NSW 2059 Australia ASX code: INL Companies Announcements Office 14 July 2010 Australian Securities Exchange
Post – Consolidation Securities
Following approval by Intec Ltd shareholders at the Extraordinary General Meeting held on 30 June 2010, the 1-for-10 share and option consolidation has now been finalised. Securities on issue are now as follows:
| Shares1 | Number |
|---|---|
| Ordinary shares | 109,087,945 |
| Options2 | |
| Option to acquire ordinary shares at $1.10, expiry date | 721,000 |
| 30August2011 | |
| Option to acquire ordinary shares at $1.50, expiry date | 470,000 |
| 25 September 2012 | |
| (Unvested options )3 | 635,000 |
| Option to acquire ordinary shares at $1.50, expiry date | |
| 25 September 2010 |
1 These shares are quoted on ASX.
2 These options are not quoted on ASX.
3 Post-consolidation, these options will not vest, and may not be exercised, until the Trigger Price Threshold of $2.50 is met. To meet the Trigger Price Threshold, the price of Intec Ltd shares traded on the ASX must have closed above $2.50 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.
In accordance with the previously published timetable, the post-consolidation shares (ASX code: INL) will resume trading on 16 July 2010.
Yours faithfully
Intec Ltd
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Philip R. Wood Managing Director & Chief Executive Officer
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ASX code: INL