Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

SPARC TECHNOLOGIES LIMITED Share Issue/Capital Change 2021

Jul 13, 2021

65846_rns_2021-07-13_87380a3a-5301-4d63-ab08-02e8ed720660.pdf

Share Issue/Capital Change

Open in viewer

Opens in your device viewer

Announcement Summary

Entity name

SPARC TECHNOLOGIES LIMITED

Announcement Type

New announcement

Date of this announcement

Wednesday July 14, 2021

The +securities to be quoted are:

+Restricted securities where the escrow period has expired or is about to expire

Total number of +securities to be quoted

ASX +security
code
Security description Number of +securities to
be quoted
Issue date
SPN ORDINARY FULLY PAID 991,159 14/07/2020

Refer to next page for full details of the announcement

Part 1 - Entity and announcement details

1.1 Name of entity

SPARC TECHNOLOGIES LIMITED

We (the entity named above) apply for +quotation of the following +securities and agree to the matters set out in Appendix 2A of the ASX Listing Rules.

1.2 Registered number type ABN

Registration number 13009092068

1.3 ASX issuer code SPN

1.4 The announcement is

New announcement

1.5 Date of this announcement

14/7/2021

Part 2 - Type of Issue

2.1 The +securities to be quoted are:

+Restricted securities where the escrow period has expired or is about to expire

2.2 The +securities to be quoted are:

Additional +securities in a class that is already quoted on ASX ("existing class")

Part 3B - number and type of +securities to be quoted (existing class) where issue has not previously been notified to ASX in an

Appendix 3B

Additional +securities to be quoted in an existing class as a result of escrow expiring on an existing class

FROM (Existing Class) ASX +security code and description SPNAB : ORDINARY FULLY PAID RESTRICTED

TO (Existing Class) ASX +security code and description SPN : ORDINARY FULLY PAID

Please state the number of +restricted securities where the escrow period has expired or is about to expire

And the date the escrow restrictions have ceased or will cease 14/7/2021

991,159

Issue date

14/7/2020

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

Issue details

Number of +securities to be quoted

991,159

Are the +securities being issued for a cash consideration? No

Please describe the consideration being provided for the +securities

Release of escrow shares - N/a

Please provide an estimate (in AUD) of the value of the consideration being provided per +security for the +securities to be quoted

0.000000

Any other information the entity wishes to provide about the +securities to be quoted

991,159 fully paid ordinary shares released from escrow on 14 July 2021.

Part 4 - Issued capital following quotation

Following the quotation of the +securities the subject of this application, the issued capital of the entity will comprise: (A discrepancy in these figures compared to your own may be due to a matter of timing if there is more than one application for quotation/issuance currently with ASX for processing.)

4.1 Quoted +securities (total number of each +class of +securities quoted on ASX following the +quotation of the +securities subject of this application)

ASX +security code and description Total number of
+securities on issue
SPN : ORDINARY FULLY PAID 58,605,604

4.2 Unquoted +securities (total number of each +class of +securities issued but not quoted on ASX)

ASX +security code and description Total number of
+securities on issue
SPNAB : ORDINARY FULLY PAID RESTRICTED 0
SPNAC : ORDINARY FULLY PAID RESTRICTED 11,857,895
SPNAD : OPTION EXPIRING 12-NOV-2023 RESTRICTED 2,159,265
SPNAE : PERFORMANCE SHARES RESTRICTED 7,000,000
SPNAF : OPTION EXPIRING 05-DEC-2021 EX \$1.20 212,500
SPNAG : OPTION EXPIRING 09-AUG-2023 EX \$0.30 975,000
SPNAJ : OPTION EXPIRING 31-DEC-2023 EX \$0.60 5,500,000