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Slovar Limited Capital/Financing Update 2020

Dec 6, 2020

17773_rns_2020-12-06_78adff75-f8f4-4e9d-9c66-461f57f613ea.pdf

Capital/Financing Update

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Proposed issue of securities

Announcement Summary

Entity name
MONEY3 CORPORATION LIMITED

Announcement Type
New announcement

Date of this announcement
Monday December 7, 2020

The Proposed issue is:
☑ An offer of securities under a securities purchase plan

Total number of +securities proposed to be issued for an offer of securities under a securities purchase plan

ASX +security code +Security description Maximum Number of +securities to be issued
MNY ORDINARY FULLY PAID 2,592,593

+Record date
Friday December 4, 2020

Offer closing date
Monday January 11, 2021

+Issue date
Wednesday January 20, 2021

Refer to next page for full details of the announcement

Proposed issue of securities
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Proposed issue of securities

Part 1 - Entity and announcement details

1.1 Name of +Entity
MONEY3 CORPORATION LIMITED

We (the entity named above) give ASX the following information about a proposed issue of +securities and, if ASX agrees to +quote any of the +securities (including any rights) on a +deferred settlement basis, we agree to the matters set out in Appendix 3B of the ASX Listing Rules.

1.2 Registered Number Type
ABN
Registration Number
63117296143

1.3 ASX issuer code
MNY

1.4 The announcement is
☑ New announcement

1.5 Date of this announcement
Monday December 7, 2020

1.6 The Proposed issue is:
☑ An offer of +securities under a +securities purchase plan

Proposed issue of securities


Proposed issue of securities

Part 4 - Details of proposed offer under securities purchase plan

Part 4A - Conditions

4A.1 - Are any of the following approvals required for the offer of +securities under the +securities purchase plan issue to be unconditional?
- +Security holder approval
- Court approval
- Lodgement of court order with +ASIC
- ACCC approval
- FIRB approval
- Another approval/condition external to the entity
☑ No

Part 4B - Offer details

Class or classes of +securities that will participate in the proposed issue and class or classes of +securities proposed to be issued

ASX +security code and description
MNY : ORDINARY FULLY PAID

Will the proposed issue of this
+security include an offer of
attaching +securities?
☑ No

Details of +securities proposed to be issued

ASX +security code and description
MNY : ORDINARY FULLY PAID

Maximum total number of those +securities that could be issued
if all offers under the +securities purchase plan are accepted
2,592,593

Will the offer be conditional on applications for a minimum
number of +securities being received or a minimum amount
being raised (i.e. a minimum subscription condition)?
☑ No

Will the offer be conditional on applications for a maximum
number of +securities being received or a maximum amount
being raised (i.e. a maximum subscription condition)?
☑ No

Proposed issue of securities


Proposed issue of securities

Will individual security holders be required to accept the offer for a minimum number or value of +securities (i.e. a minimum acceptance condition)?
☑ Yes

Is the minimum acceptance unit based or dollar based?
☑ Unit based

Please enter the minimum acceptance value
400

Will individual security holders be limited to accepting the offer for a maximum number or value of +securities (i.e. a maximum acceptance condition)?
☑ Yes

Is the maximum acceptance unit based or dollar based?
☑ Unit based

Please enter the maximum acceptance value
11,100

Describe all the applicable parcels available for this offer in number of securities or dollar value
Subscription based on Qty: 400;1,850; 3,700; 5,555; 7,400; 11,100

Offer price details

Has the offer price been determined?
☑ Yes

In what currency will the offer be made?
AUD - Australian Dollar
What is the offer price per +security?
AUD 2.70000

Oversubscription & Scale back details

Will a scale back be applied if the offer is over-subscribed?
☑ Yes

Describe the scale back arrangements
Company will pro-rata applications to any extent at its absolute discretion.

Will these +securities rank equally in all respects from their issue date with the existing issued +securities in that class?
☑ Yes

Part 4C - Timetable

4C.1 Date of announcement of +security purchase plan
Monday December 7, 2020

Proposed issue of securities


Proposed issue of securities

4C.2 +Record date
Friday December 4, 2020

4C.3 Date on which offer documents will be made available to investors
Tuesday December 15, 2020

4C.4 Offer open date
Tuesday December 15, 2020

4C.5 Offer closing date
Monday January 11, 2021

4C.6 Announcement of results
Thursday January 14, 2021

4C.7 +Issue date
Wednesday January 20, 2021

Part 4D - Listing Rule requirements

4D.1 Does the offer under the +securities purchase plan meet all of the requirements of listing rule 7.2 exception 5 or do you have a waiver from those requirements?
☑ Yes

Part 4E - Fees and expenses

4E.1 Will there be a lead manager or broker to the proposed offer?
☑ No

4E.2 Is the proposed offer to be underwritten?
☑ No

4E.3 Will brokers who lodge acceptances or renunciations on behalf of eligible +security holders be paid a handling fee or commission?
☑ No

4E.4 Details of any other material fees or costs to be incurred by the entity in connection with the proposed offer
Legals: $30,000

Proposed issue of securities


Proposed issue of securities

Part 4F - Further Information

4F.01 The purpose(s) for which the entity intends to use the cash raised by the proposed issue

To fund the acquisition of Automotive Financial Services as announced to the market 3 December 2020 and to support growth of the Australian and New Zealand Loan Books.

4F.1 Will the entity be changing its dividend/distribution policy if the proposed offer is successful? ☐ No

4F.2 Countries in which the entity has +security holders who will not be eligible to accept the proposed offer

All countries outside of Australia and New Zealand.

4F.3 URL on the entity's website where investors can download information about the proposed offer

https://investors.money3.com.au

4F.4 Any other information the entity wishes to provide about the proposed offer

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