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SIMBLE SOLUTIONS LIMITED — Capital/Financing Update 2025
Jan 30, 2025
65797_rns_2025-01-30_edd76fdc-7e6b-46c8-8da2-4f2c026f38ac.pdf
Capital/Financing Update
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Simble Solutions Limited (ASX:SIS) | ASX Announcement
Placement Raises $0.28m
Highlights
- Placement raises $0.28m
Sydney, 31 January 2025: Sustainability Solutions Company Simble Solutions
Limited (ASX:SIS) (‘Simble’ or ‘the Company’) is pleased to announce it has received firm commitments to raise $280,000 in an equity capital placement to a professional and sophisticated investor.
Key Terms of the Placement
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Placement price of $0.007 per share, representing a 75% premium to Simble’s closing price of $0.004 on 30 January, and a 67% premium to the 15 day VWAP of $0.0042.
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Equity issue of 40,000,000 fully paid ordinary shares under the Company’s ASX Listing Rule 7.1 and 7.1A capacity plus 4,000,000 Options exercisable at a price that is the greater of $0.007 or a 15% discount to the 15 day VWAP immediately prior to exercise and expiring 9 months from the date of issue.
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The issuance of the Options is subject to the Company receiving the approval of its shareholders at an Extraordinary General Meeting on a date to be determined.
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The placement shares will rank pari-passu with the existing fully paid ordinary shares of the Company.
The placement funding will be utilized for working capital purposes.
This announcement has been authorised by the Board of Simble Solutions Limited
ENDS
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Simble Solutions Limited, Level 2, 383 George Street, Sydney NSW 2000 P +61 2 8208 3366 E [email protected] ABN: 17 608 419 656
Simble Solutions Limited (ASX:SIS) | ASX Announcement
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About Simble
Simble Solutions Limited (ASX:SIS) is a global Sustainability Solutions Group, with industry-leading software products enabling Net Zero carbon reporting, and energy monitoring & intelligence Software-as-a-Service (SaaS) solutions, together with energy efficiency and carbon reduction consulting services.
The company operates two product platform divisions - CarbonView and SimbleSense :
> CarbonView is an enterprise grade Carbon and Sustainability Reporting platform that allows companies to measure and reduce their carbon emissions and also meet their carbon reporting obligations as they head towards zero carbon emissions.
> SimbleSense is an integrated hardware and real-time software solution that enables businesses to visualise & control their energy systems and reduce energy costs.
Simble operates across the Commercial & Industrial and Small to Medium Sized Enterprises (SME) segments, and distributes both directly via B2B sales, as well as through multiple channel partners. Simble has an international presence with offices in Australia, the United Kingdom and Vietnam.
To learn more please visit us at:
simblegroup.com carbon-view.com simbleenergy.com
Investor & Corporate Enquiries:
Steve Thornhill
Chair Ph: +61 2 8208 3366 E: [email protected]
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Simble Solutions Limited, Level 2, 383 George Street, Sydney NSW 2000 P +61 2 8208 3366 E [email protected] ABN: 17 608 419 656