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.

VINYL GROUP LTD Capital/Financing Update 2024

Jan 31, 2024

66014_rns_2024-01-31_e1db5870-b2e4-4d46-bdaf-00f1ac406378.pdf

Capital/Financing Update

Open in viewer

Opens in your device viewer

ASX Release

CLEANSING NOTICE UNDER SECTION 708A OF THE CORPORATIONS ACT 2001 (CTH) (“CORPORATIONS ACT”)

Melbourne, Australia , 1 February, 2024: Vinyl Group Ltd (ASX: VNL), Australia’s leading music technology and media company, is pleased to announce that it has issued and allotted 90,240,674 fully paid ordinary shares in Vinyl Group to Realwise Group Holding Pty Ltd on 31 January 2024. The shares issued were as a result of a placement.

Pursuant to section 708A(6) of the Corporations Act, the Company gives notice that:

  • 1) the Company issued the Shares without disclosure under Part 6D.2 of the Corporations Act;

  • 2) this notice is being given under section 708A(5)(e);

  • 3) as at the date of this notice, the Company has complied with:

  • a) the provisions of Chapter 2M of the Corporations Act as they apply to the Company; and

  • b) section 674 and 674A of the Corporations Act; and

  • 4) as at the date of this notice there is no information that is ‘excluded information’ (as defined in section 708A(7) and 708A(8) of the Corporations Act) which is required to be disclosed by the Company in this notice under section 708A(6)(e).

An application for quotation of securities (Appendix 2A) with respect to the Shares issued has been lodged with ASX today.

For further information please contact [email protected]

Authorisation and Additional Information: Vinyl Group Investor Relations: This announcement was authorised by the Board E: [email protected] of Vinyl Group Ltd P: +61 0419 023 046

-Ends-

ABOUT VINYL GROUP

Vinyl Group is the heartbeat of an equitable music world, providing tech solutions that connect and give credit to the creator economy. The Company’s diverse portfolio has touchpoints across all corners of the global music ecosystem, empowering everyone from creators to consumers. Vinyl.com offers a world-class ecommerce experience including over 50K titles for fans to support their favourite artists. Vampr is the leading dedicated social-professional networking platform and talent marketplace, allowing 1.3M creators to discover collaborators and monetise their work in over 180 countries. Jaxsta is the world’s largest and only database of official music credits with over 381M verified credits to streamline revenue opportunities for businesses in the music industry.

Vinyl Group Ltd | 11 Wilson Street, South Yarra VIC 3141 | ABN 15 106 513 580 | ASX: VNL