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TALIUS GROUP LIMITED — Capital/Financing Update 2019
Oct 31, 2019
65893_rns_2019-10-31_bfc88ab1-bca6-4582-bbbd-57441da836e5.pdf
Capital/Financing Update
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Notification of Shortfall
1 November 2019
HomeStay Care Limited (ASX: HSC) ( Company ) advises that the Company’s non-renounceable entitlement issue of three (3) fully paid ordinary shares in the capital of the Company ( Shares ) for every four (4) Shares held, at an issue price of $0.005 per Share, to raise up to approximately $2,997,184 (less costs) pursuant to the Company’s prospectus dated 9 October 2019 ( Entitlement Issue ), closed on 29 October 2019.
The results of the Entitlement Issue are as follows:
| Shares | |
|---|---|
| Total number of Shares accepted by Eligible Shareholder | 80,970,483 |
| Total number of Shortfall Shares applied for by Eligible Shareholders | 12,366,450 |
| Remaining Shortfall Shares to be applied for under the terms of the Underwriting Agreement |
506,100,274 |
| TOTAL* | **599,437,207 ** |
* Note: The total differs from the total in the prospectus due to the rounding of fractional entitlements
The Entitlement Issue is fully underwritten by Taylor Collison Limited (ACN: 008 172 450) (AFSL: 247083) ( Underwriter ). The remaining Shortfall Shares will be applied for in accordance with the terms of the underwriting agreement between the Company and the Underwriter ( Underwriting Agreement ).
The Company expects to issue the Shares accepted by and Shortfall Shares applied by Eligible Shareholders to those Eligible Shareholders on 5 November 2019, with the remaining Shortfall Shares being issued on settlement of the underwriting once all funds have been received which is expected to occur by 8 November 2019.
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About HomeStay
The HomeStay Intelligent Home platform allows elderly Australians to live independently in their own home for longer. It uses data analysis, as well as human monitoring, to determine residents' routines and detect anomalies. These early insights allow for better decision-making by care providers and families, allowing more focused service, minimising unnecessary care and facilitating welfare checks in a more responsive manner.
HomeStay helps protect and connect our elderly and people with disabilities with a scalable healthcare technology platform that allows them to live in their homes for longer.
For more information, please visit, https://homestay.care/products/ or https://www.essence-grp.com/
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