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SPENDA LIMITED — Capital/Financing Update 2017
Jul 30, 2017
65849_rns_2017-07-30_e1172703-ab00-408b-8cbb-bdf73c530601.pdf
Capital/Financing Update
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Appendix(3B( New(issue(announcement(
Rule%2.7,%3.10.3,%3.10.4,%3.10.5
Appendix 3B
New issue announcement, application for quotation of additional securities and agreement
Information%or%documents%not%available%now%must%be%given%to%ASX%as%soon%as%available.%%Information%and% documents%given%to%ASX%become%ASX’s%property%and%may%be%made%public.%
Introduced!01/07/96!!Origin:!Appendix!5!!Amended!01/07/98,!01/09/99,!01/07/00,!30/09/01,!11/03/02,!01/01/03,!24/10/05,!01/08/12!
Name!of!entity!
Motopia'Limited'
ABN!
67'099'084'143'
We!(the!entity)!give!ASX!the!following!information.!
Part 1 - All issues
You%must%complete%the%relevant%sections%(attach%sheets%if%there%is%not%enough%space).
1! +Class!of!+securities!issued!or!to! Ordinary'fully'paid'shares'( Shares )' be!issued! 2! Number!!of![+] securities!issued!or! 10,900,000'Shares' to! be! issued! (if! known)! or! maximum! number! which! may! be!issued! 3! Principal! terms! of! the! Ordinary'fully'paid'shares' +securities! (eg,! if! options,! exercise!price!and!expiry!date;!if! partly! paid! +securities,! the! amount! outstanding! and! due! dates! for! payment;! if! +convertible! securities,! the! conversion! price! and! dates! for! conversion)!
+!See!chapter!19!for!defined!terms.!
Appendix!3B!!Page!1!
01/08/2012!
Appendix(3B( New(issue(announcement(
4! Do! the![+] securities! rank! equally! Yes,' the' Shares' will' be' quoted' and' rank' in! all! respects! from! the! date! of! equally' with' all' other' ordinary' shares' on' allotment!with!an!existing![+] class! issue'in'the'Company.' of!quoted![+] securities?! If! the! additional! securities! do! not!rank!equally,!please!state:! • the!date!from!which!they!do! • the! extent! to! which! they! participate! for! the! next! dividend,! (in! the! case! of! a! trust,! distribution)! or! interest!payment! • the! extent! to! which! they! do! not! rank! equally,! other! than! in! relation! to! the! next! dividend,! distribution! or! interest!payment! 5! Issue!price!or!consideration! 10,800,000'Shares'were'issued'for'$0.035' per'Share.'' 100,000'Shares'were'issued'for'$0.10'per' Share.'' 6! Purpose!of!the!issue! The! 10,800,000! Shares! were! issued! under! (If! issued! as! consideration! for! private!placement!raising!$378,000.!! the!acquisition!of!assets,!clearly! identify!those!assets)! The! 100,000! Shares! were! issued! as! consideration!for!fees!payable.! 6a! Is! the! entity! an![+] eligible! entity! Yes! that! has! obtained! security! holder!approval!under!rule!7.1A?! If!Yes,!complete!sections!6b!–!6h! in% relation% to% the%[+] securities% the% subject%of%this%Appendix%3B ,!and! comply!with!section!6i! 6b! The! date! the! security! holder! 16/11/2016! resolution! under! rule! 7.1A! was! passed!
+!See!chapter!19!for!defined!terms.!
Appendix!3B!Page!2!
01/08/2012!
Appendix(3B( New(issue(announcement(
| 6c Number of +securities issued without security holder approvalunderrule7.1 6d Number of +securities issued with security holder approval underrule7.1A 6e Number of +securities issued with security holder approval under rule 7.3, or another specificsecurityholderapproval (specifydateofmeeting) 6f Number of securities issued underanexceptioninrule7.2 6g If securities issued under rule 7.1A,wasissuepriceatleast75% of 15 day VWAP as calculated under rule 7.1A.3? Include the issue date and both values. IncludethesourceoftheVWAP calculation. 6h If securities were issued under rule 7.1A for non`cash consideration, state date on which valuation of consideration was released to ASXMarketAnnouncements 6i Calculatetheentity’sremaining issuecapacityunderrule7.1and rule7.1A–completeAnnexure1 and release to ASX Market Announcements 7 Dates of entering +securities into uncertificated holdings or despatchofcertificates |
3,674,137 |
|---|---|
| 7,225,863 | |
| N/A | |
| N/A | |
| Yes IssueDate:31July2017 IssuePrice:$0.035 VWAP:$0.034 75%ofVWAP:$0.026 Source:datafromMiraqle.com |
|
| N/A | |
| SeeAnnexure1 | |
| 31July2017 |
+!See!chapter!19!for!defined!terms.!
Appendix!3B!!Page!3!
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Appendix(3B( New(issue(announcement(
Number! +Class! 8! Number! and! +class! of! all! 83,158,638' Ordinary! fully! paid! +securities! quoted! on! ASX! shares! ( including the! securities! in! section!2!if!applicable)!
+!See!chapter!19!for!defined!terms.!
Appendix!3B!Page!4!
01/08/2012!
Appendix(3B( New(issue(announcement(
Number! +Class! 9! Number! and! +class! of! all! Nil' +securities! not! quoted! on! ASX! ( including the! securities! in! section!2!if!applicable)! 10! Dividend!policy!(in!the!case!of!a! No'Change'–'as'per'2016'Annual'Report' trust,!distribution!policy)!on!the! increased!capital!(interests)!
Part 2 - Bonus issue or pro rata issue
| 11 | Is security holder approval |
|---|---|
| required? | |
| 12 | Istheissuerenounceableornon` |
| renounceable? | |
| 13 | Ratio in which the +securities |
| willbeoffered | |
| 14 | +Classof+securitiestowhichthe |
| offerrelates | |
| 15 | +Record date to determine |
| entitlements | |
| 16 | Will holdings on different |
| registers (or subregisters) be | |
| aggregated for calculating |
|
| entitlements? | |
| 17 | Policy for deciding entitlements |
| inrelationtofractions | |
| 18 | Namesofcountriesinwhichthe |
| entity has +security holders who | |
| will not be sent new issue | |
| documents | |
| Note:Securityholdersmustbetoldhowtheir | |
| entitlementsaretobedealtwith. | |
| Crossreference:rule7.7. |
+!See!chapter!19!for!defined!terms.!
Appendix!3B!!Page!5!
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Appendix(3B( New(issue(announcement(
19! Closing! date! for! receipt! of! acceptances!or!renunciations!
+!See!chapter!19!for!defined!terms.!
Appendix!3B!Page!6!
01/08/2012!
Appendix(3B( New(issue(announcement(
| 20 21 |
Namesofanyunderwriters Amountofanyunderwritingfee |
|---|---|
| orcommission | |
| 22 | Names of any brokers to the |
| 23 | issue Fee or commission payable to |
| thebrokertotheissue | |
| 24 | Amount of any handling fee |
| payable to brokers who lodge | |
| acceptances or renunciations on | |
| behalfof+securityholders | |
| 25 | If the issue is contingent on |
| +security holders’ approval, the | |
| dateofthemeeting | |
| 26 | Dateentitlementandacceptance |
| form and prospectus or Product | |
| DisclosureStatementwillbesent | |
| topersonsentitled | |
| 27 | If the entity has issued options, |
| and the terms entitle option | |
| holders to participate on |
|
| exercise, the date on which | |
| notices will be sent to option | |
| holders | |
| 28 | Daterightstradingwillbegin(if |
| applicable) | |
| 29 | Date rights trading will end (if |
| 30 | applicable) How do +security holders sell |
| theirentitlements_infull_through | |
| abroker? | |
| 31 | How do +security holders sell |
| part of their entitlements |
|
| through a broker and accept for | |
| thebalance? |
+!See!chapter!19!for!defined!terms.!
Appendix!3B!!Page!7!
01/08/2012!
Appendix(3B( New(issue(announcement(
+!See!chapter!19!for!defined!terms.!
Appendix!3B!Page!8!
1/1/2003!
Appendix(3B( New(issue(announcement(
-
32! How!do![+] security!holders!dispose! of! their! entitlements! (except! by! sale!through!a!broker)?!
-
33! +Despatch!date!
Part 3 - Quotation of securities
You%need%only%complete%this%section%if%you%are%applying%for%quotation%of%securities%
-
34! Type!of!securities!! ( tick%one )!
-
(a)! Securities!described!in!Part!1!
-
(b)![All!other!securities!]
Example:! restricted! securities! at! the! end! of! the! escrowed! period,! partly! paid! securities! that! become! fully! paid,! employee!incentive!share!securities!when!restriction!ends,!securities!issued!on!expiry!or!conversion!of!convertible! securities!
Entities that have ticked box 34(a)
Additional(securities(forming(a(new(class(of(securities(
Tick%to%indicate%you%are%providing%the%information%or% documents
-
35! If!the![+] securities!are![+] equity!securities,!the!names!of!the!20!largest!holders!of!the! additional![+] securities,!and!the!number!and!percentage!of!additional![+] securities! held!by!those!holders!
-
36! If!the![+] securities!are![+] equity!securities,!a!distribution!schedule!of!the!additional! +securities!setting!out!the!number!of!holders!in!the!categories!
-
1!`!1,000!
1,001!!5,000! 5,001!!10,000! 10,001!`!100,000! 100,001!and!over!
- 37! A!copy!of!any!trust!deed!for!the!additional![+] securities!
+!See!chapter!19!for!defined!terms.!
Appendix!3B!!Page!9!
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Appendix(3B( New(issue(announcement(
Entities that have ticked box 34(b)
38! Number! of! securities! for! which! +quotation!is!sought! 39! Class! of! +securities! for! which! quotation!is!sought! 40! Do!the![+] securities!rank!equally!in! all! respects! from! the! date! of! allotment! with! an! existing![+] class! of!quoted![+] securities?! If!the!additional!securities!do!not! rank!equally,!please!state:! • the!date!from!which!they!do! • the! extent! to! which! they! participate! for! the! next! dividend,! (in! the! case! of! a! trust,! distribution)! or! interest! payment! • the! extent! to! which! they! do! not!rank!equally,!other!than!in! relation! to! the! next! dividend,! distribution! or! interest! payment! 41! Reason! for! request! for! quotation! now!! Example:!In!the!case!of!restricted!securities,!end! of!restriction!period! (if! issued! upon! conversion! of! another! security,! clearly! identify! that!other!security)!
Number! +Class! 42! Number! and! +class! of! all! +securities! quoted! on! ASX! ( including !the!securities!in!clause! 38)!!
+!See!chapter!19!for!defined!terms.!
Appendix!3B!Page!10!
01/08/2012!
Appendix(3B( New(issue(announcement(
Quotation(agreement(
-
1! +Quotation!of!our!additional! +securities!is!in!ASX’s!absolute!discretion.!!ASX! may!quote!the![+] securities!on!any!conditions!it!decides.!!!
-
2! We!warrant!the!following!to!ASX.!
-
The!issue!of!the![+] securities!to!be!quoted!complies!with!the!law!and!is! not!for!an!illegal!purpose.!
-
There! is! no! reason! why! those![+] securities! should! not! be! granted! +quotation.!
-
An!offer!of!the![+] securities!for!sale!within!12!months!after!their!issue! will!not!require!disclosure!under!section!707(3)!or!section!1012C(6)!of! the!Corporations!Act.!
Note:!An!entity!may!need!to!obtain!appropriate!warranties!from!subscribers!for!the!securities!in!order!to!be! able!to!give!this!warranty!
-
Section!724!or!section!1016E!of!the!Corporations!Act!does!not!apply!to! any! applications! received! by! us! in! relation! to! any![+] securities! to! be! quoted!and!that!no`one!has!any!right!to!return!any![+] securities!to!be! quoted!under!sections!737,!738!or!1016F!of!the!Corporations!Act!at!the! time!that!we!request!that!the![+] securities!be!quoted.!
-
If!we!are!a!trust,!we!warrant!that!no!person!has!the!right!to!return!the! +securities!to!be!quoted!under!section!1019B!of!the!Corporations!Act!at! the!time!that!we!request!that!the![+] securities!be!quoted.!
-
3! We!will!indemnify!ASX!to!the!fullest!extent!permitted!by!law!in!respect!of!any! claim,! action! or! expense! arising! from! or! connected! with! any! breach! of! the! warranties!in!this!agreement.!
-
4! We!give!ASX!the!information!and!documents!required!by!this!form.!!If!any! information! or! document! not! available! now,! will! give! it! to! ASX! before! +quotation!of!the! +securities!begins.!!We!acknowledge!that!ASX!is!relying!on! the!information!and!documents.!!We!warrant!that!they!are!(will!be)!true!and! complete.!
Sign!here:!! ............................................................!Date:!31/7/17! (Company!secretary)!
Print!name:!! Justyn!Stedwell!
- ==!==!==!==!==!
+!See!chapter!19!for!defined!terms.!
Appendix!3B!Page!11!
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Appendix(3B( New(issue(announcement(
Appendix 3B – Annexure 1
Calculation of placement capacity under rule 7.1 and rule 7.1A for[+] eligible entities
Introduced!01/08/12!
Part 1
Rule7.1–Issuesexceeding15%ofcapital
Step%1:%Calculate%“A”,%the%base%figure%from%which%the%placement% capacity%is%calculated%
| Part 1 | Part 1 |
|---|---|
| Rule7.1–Issuesexceeding15%ofcapital | |
| Step1:Calculate“A”,thebasefigurefromwhichtheplacement capacityiscalculated |
|
| Insertnumberoffullypaidordinary securitiesonissue12monthsbeforedate ofissueoragreementtoissue |
65,358,638 |
| Addthefollowing: • Numberoffullypaidordinarysecurities issuedinthat12monthperiodunderan exceptioninrule7.2 • Numberoffullypaidordinarysecurities issuedinthat12monthperiodwith shareholderapproval • Numberofpartlypaidordinary securitiesthatbecamefullypaidinthat 12monthperiod Note: • Includeonlyordinarysecuritieshere– otherclassesofequitysecuritiescannot beadded • Includehere(ifapplicable)thesecurities thesubjectoftheAppendix3Btowhich thisformisannexed • Itmaybeusefultosetoutissuesof securitiesondifferentdatesasseparate lineitems |
6,900,000 |
| Subtractthenumberoffullypaidordinary securitiescancelledduringthat12month period |
Nil |
| “A” | 72,258,638 |
+!See!chapter!19!for!defined!terms.!
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| Step2:Calculate15%of“A” | |
| “B” | 0.15 [Note:thisvaluecannotbechanged] |
| Multiply“A”by0.15 | 10,838,795 |
| Step3:Calculate“C”,theamountofplacementcapacityunderrule7.1 thathasalreadybeenused |
|
| Insertnumberofequitysecuritiesissuedor agreedtobeissuedinthat12monthperiod notcounting_thoseissued: • Underanexceptioninrule7.2 • Underrule7.1A • Withsecurityholderapprovalunderrule 7.1orrule7.4 _Note: • Thisappliestoequitysecurities,unless specificallyexcluded–notjustordinary securities • Includehere(ifapplicable)the securitiesthesubjectoftheAppendix 3Btowhichthisformisannexed • Itmaybeusefultosetoutissuesof securitiesondifferentdatesasseparate lineitems |
3,674,137 |
| “C” | 3,674,137 |
| Step4:Subtract“C”from[“A”x“B”]tocalculateremaining placementcapacityunderrule7.1 |
|
| “A”x0.15 Note:numbermustbesameasshownin Step2 |
10,838,795 |
| Subtract“C” Note:numbermustbesameasshownin Step3 |
3,674,137 |
| Total[“A”x0.15]–“C” | 7,164,658 [Note:thisistheremainingplacement capacityunderrule7.1] |
+!See!chapter!19!for!defined!terms.!
Appendix!3B!Page!13!
01/08/2012!
Appendix(3B( New(issue(announcement(
Part 2
Rule7.1A–Additionalplacementcapacityforeligibleentities Step1:Calculate“A”,thebasefigurefromwhichtheplacement capacityiscalculated “A” 72,258,638 Note:&number&must&be&same&as&shown&in& Step&1&of&Part&1& Step%2:%Calculate%10%%of%“A”% “D” 0.10' Note:&this&value&cannot&be&changed& _Multiply*_ '“A”'by'0.10' 7,225,863
Step%3:%Calculate%“E”,%the%amount%of%placement%capacity%under%rule% 7.1A%that%has%already%been%used%
| 7.1Athathasalreadybeenused | 7.1Athathasalreadybeenused | |
|---|---|---|
| Insertnumberofequitysecuritiesissuedor | 7,225,863 | |
| agreedtobeissuedinthat12monthperiod | ||
| underrule7.1A | ||
| Notes: | ||
| • | Thisappliestoequitysecurities–not | |
| justordinarysecurities | ||
| • | Includehere–ifapplicable–the | |
| securitiesthesubjectoftheAppendix | ||
| 3Btowhichthisformisannexed | ||
| • | Donotincludeequitysecuritiesissued | |
| underrule7.1(theymustbedealtwith | ||
| inPart1),orforwhichspecificsecurity | ||
| holderapprovalhasbeenobtained | ||
| • | Itmaybeusefultosetoutissuesof | |
| securitiesondifferentdatesasseparate | ||
| lineitems | ||
| “E” | 7,225,863 |
+!See!chapter!19!for!defined!terms.!
Appendix!3B!Page!14!
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Appendix(3B( New(issue(announcement(
| Step4:Subtract“E”from[“A”x“D”]tocalculateremaining placementcapacityunderrule7.1A |
|
| “A”x0.10 Note:numbermustbesameasshownin Step2 |
7,225,863 |
| Subtract“E” Note:numbermustbesameasshownin Step3 |
7,225,863 |
| Total[“A”x0.10]–“E” | Nil Note:thisistheremainingplacement capacityunderrule7.1A |
+!See!chapter!19!for!defined!terms.!
Appendix!3B!Page!15!
01/08/2012!
==> picture [203 x 62] intentionally omitted <==
modernising business
31!July!2017!
ASX$Announcement$
Private$Placement$2$Information$required$by$ASX$Listing$Rule$3.10.5A$
Motopia!Limited!(Company)!today!announced!a!private!placement!of!10,800,000!shares!in!the! Company!(Shares)!raising!$378,000!before!costs.!!Funds!raised!will!be!used!for!working!capital! purposes!and!to!fund!further!development!of!the!Company’s!products.!!!
Of!the!10,800,000!Shares!issued,!7,225,863!Shares!were!issued!pursuant!to!ASX!Listing!Rule! 7.1A!utilising!the!Company’s!10%!placement!capacity!approved!at!its!2016!Annual!General! Meeting.!!The!balance!(3,574,137!shares)!were!issued!pursuant!to!ASX!Listing!Rule!7.1.!!In! accordance!with!ASX!Listing!Rule!3.10.5A!the!following!information!is!provided!to!the!ASX:!!
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The!issue!of!7,225,863!shares!pursuant!to!ASX!Listing!Rule!7.1A!raised!$252,905! and!diluted!the!voting!power!of!existing!shareholders!by!8.69%.!
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The!Company!elected!to!issue!the!Shares!as!a!placement!under!Listing!Rule!7.1A!rather! than!a!pro!rata!issue!(or!other!type!of!issue)!due!to!the!cost!and!timing!benefits!of!a! private!placement!and!the!Company!intends!to!announce!a!pro!rata!issue!on!1!August! 2017.!!!
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There!was!no!underwriting!agreement!in!connection!with!the!placement.!
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The!Company!incurred!capital!raising!commission!fee!equal!to!6%!of!funds!raised.!!
For!further!information!contact:!
Justyn!Stedwell! Company!Secretary! T:!+61!3!8678!1746! F:!+61!3!8678!1747!
PO Box 305 Fitzroy VIC Australia 3065
Head Office 1B / 205-207 Johnston St Fitzroy VIC 3065
Motopia Limited ABN 67 099 084 143 www.motopia.com
P +61 3 8678 1746 F +61 3 8678 1747 [email protected]