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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!

01/08/2012!

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!

01/08/2012!

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!

01/08/2012!

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!

01/08/2012!

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

Rule7.1Issuesexceeding15%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.!

Appendix!3B!Page!12!

01/08/2012!

Appendix(3B( New(issue(announcement(

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

Rule7.1AAdditionalplacementcapacityforeligibleentities 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!

01/08/2012!

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:!!

  1. 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%.!

  2. 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.!!!

  3. There!was!no!underwriting!agreement!in!connection!with!the!placement.!

  4. 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]