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SENSEN NETWORKS LIMITED — Share Issue/Capital Change 2021
May 23, 2021
65829_rns_2021-05-23_01d684f7-6971-44db-a9bd-922420c9913c.pdf
Share Issue/Capital Change
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ASX Release
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24 May 2021
Release of shares from voluntary escrow
In accordance with ASX Listing Rule 3.10A, SenSen Networks Limited (“ SenSen ” or the “ Company ”) (ASX: SNS) advises that the following SNS shares will be released from voluntary escrow with effect from 1 June 2021:
| Security | Number | Release Date |
|---|---|---|
| Ordinary Shares | 4,940,712 | 1 June 2021 |
These shares represent 50% of the Consideration Shares issued as consideration for the acquisition of the business and business assets of Snap Network Surveillance Pty Ltd ( Acquisition ) and are being released 6 months after the completion date of the Acquisition, being 1 December 2020.
The Company advises that the following shares remain in voluntary escrow:
| Security | Number | Release Date |
|---|---|---|
| Ordinary Shares | 4,940,711 | 1 December 2021 |
For further information, refer to the announcement lodged on 1 December 2021: https://www.asx.com.au/asxpdf/20201201/pdf/44qhp6jmw6zb5y.pdf
This release is approved by the Board of SenSen.
For further information, please contact:
David Smith Media contact: Executive Director and Company Secretary Evonne Grosso, WE Communications Email: [email protected] Email: [email protected]
About SenSen Networks Limited
SenSen is focused principally on the development, commercialisation and supply of innovative, data-driven business process enhancement solutions, designed to assist customers in their business operations and significantly improve business efficiency and productivity.
SenSen provides video analytics and artificial intelligence data analytics software solutions to customers in the intelligent transportation systems and gaming sectors located in Australia, the US, Canada, Singapore, Europe, New Zealand, India, and UAE.
SenSen Networks Limited ACN 121 257 412 www.sensennetworks.com (+61) 3 9417 5368
Melbourne: Level 1, 9 Harper Street, Abbotsford VIC 3067 Sydney: 3 Spring Street, Sydney NSW 2000
Las Vegas: Office #8, International Innovation Center, 300 South 4[th] St, Suite 180, Las Vegas NV 89101
ASX Release
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Disclaimer – forward-looking statements This release may contain forward-looking statements. These statements are based upon management’s current expectations, estimates, projections and beliefs in regards to future events in respect to SenSen's business and the industry in which it operates. These forward-looking statements are provided as a general guide and should not be relied upon as an indication or guarantee of future performance. The bases for these statements are subjected to risk and uncertainties that might be out of control of SenSen Networks Limited and may cause actual results to differ from the release. SenSen Networks Limited takes no responsibility to make changes to these statements to reflect change of events or circumstances after the release.
SenSen Networks Limited ACN 121 257 412 www.sensennetworks.com (+61) 3 9417 5368
Melbourne: Level 1, 9 Harper Street, Abbotsford VIC 3067 Sydney: 3 Spring Street, Sydney NSW 2000 Las Vegas: Office #8, International Innovation Center, 300 South 4[th] St, Suite 180, Las Vegas NV 89101