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Telix Pharmaceuticals Ltd — Capital/Financing Update 2022
Feb 8, 2022
31324_rns_2022-02-08_8460e933-a20d-457a-be03-98824c1f1c16.pdf
Capital/Financing Update
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Telix Pharmaceuticals Limited ACN 616 620 369 Suite 401, 55 Flemington Road North Melbourne Victoria, 3051 Australia ASX RELEASE
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Share Purchase Plan Offer Extended to Friday, 25 February 2022
Melbourne (Australia) – 9 February 2022 . Telix Pharmaceuticals Limited (ASX: TLX, Telix, the Company) today advises that the closing date of the Share Purchase Plan (SPP), announced on 24 January 2022, will be extended to Friday, 25 February 2022 (from Friday, 11 February 2022).
The SPP follows successful completion of the Company’s $175 million placement to institutional investors (Placement) and seeks to raise up to $25 million. The SPP is being undertaken at the Offer Price of $7.70 per New Share, the same price as shares offered to institutional investors under the Placement.
Net proceeds raised under the Placement and SPP will be used to fund Telix’s clinical trial pipeline, particularly the late-stage clinical trials planned for prostate, renal and brain (glioblastoma) cancer. Funds will also be applied to other therapeutic and diagnostic assets, future pipeline, and indication expansion as outlined in the capital raise presentation dated 24 January 2022.
The extension will ensure that all Eligible Shareholders have additional time to participate in the SPP.
Eligible Shareholders that have already applied for SPP Shares under the SPP Offer are not required to resubmit their application.
The full terms and conditions of the SPP are included in the SPP booklet lodged with ASX on 31 January 2022. Please refer to the SPP booklet for further details on the SPP, available at www.asx.com.au.
Eligible Shareholders may also visit the offer site at https://events.miraqle.com/tlx-spp/form/.
The revised timetable for the SPP is set out below.
Key Dates
| Event | Date (2022) |
|---|---|
| Record Date for SPP (7.00pm, Melbourne time) | Friday, 21 January |
| SPP Booklet made available to Eligible Shareholders Opening Date of SPP |
Monday, 31 January |
| Closing Date of SPP | Friday, 25 February |
| Announcement of results of SPP | Wednesday, 2 March |
| Allotment of New Shares under the SPP | Monday, 7 March |
| Normal ASX trading for New Shares issued under the SPP commences |
Tuesday, 8 March |
| Dispatch of Holding Statements for New Shares under SPP | Wednesday, 9 March |
These dates are indicative only and are subject to change. Telix reserves the right, subject to the Corporations Act 2001 (Cth) and the ASX Listing Rules, to amend this indicative timetable.
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Authorised for release by the Company Secretary.
About Telix Pharmaceuticals Limited
Telix is a biopharmaceutical company focused on the development and commercialisation of diagnostic and therapeutic products using Molecularly Targeted Radiation (MTR). Telix is headquartered in Melbourne, Australia with international operations in Belgium, Japan, Switzerland, and the United States. Telix is developing a portfolio of clinical-stage products that address significant unmet medical need in oncology and rare diseases. Telix is listed on the Australian Securities Exchange (ASX: TLX). For more information visit www.telixpharma.com and follow Telix on Twitter (@TelixPharma) and LinkedIn.
Telix’s lead product, gallium-68 ([68] Ga) gozetotide (also known as[68] Ga PSMA-11) injection for prostate cancer imaging, has been approved by the U.S. Food and Drug Administration (FDA),[1] and by the Australian Therapeutic Goods Administration (TGA).[2] Telix is also progressing marketing authorisation applications for this investigational candidate in Europe[3] and Canada.[4]
Telix Investor Relations
Ms. Kyahn Williamson Telix Pharmaceuticals Limited SVP Corporate Communications and Investor Relations Email: [email protected]
Important Information
This announcement does not constitute an offer to sell, or a solicitation of an offer to buy, securities in the United States, or in any other jurisdiction in which such an offer would be illegal. The securities referred to herein have not been and will not be registered under the United States Securities Act of 1933 (the “U.S. Securities Act”), or under the securities laws of any state or other jurisdiction of the United States and may not be offered or sold within the United States, unless the securities have been registered under the U.S. Securities Act or an exemption from the registration requirements of the U.S. Securities Act is available. The Telix Pharmaceuticals name and logo are trademarks of Telix Pharmaceuticals Limited and its affiliates (all rights reserved).
1 ASX announcement 20 December 2021.
2 ASX announcement 2 November 2021.
3 ASX announcement 10 December 2021 and ASX announcement 7 February 2022.
4 ASX announcement 16 December 2020.
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