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VOLT GROUP LIMITED Capital/Financing Update 2011

Dec 12, 2011

66016_rns_2011-12-12_b694ee78-0cf0-4668-a8d7-c1994ebb5410.pdf

Capital/Financing Update

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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
1/7/96.
Origin:
Appendix
5.
Amended
1/7/98,
1/9/99,
1/7/2000,
30/9/2001,
11/3/2002,
1/1/2003,
24/10/2005.

Name
of
entity

Enerji
Limited

ABN 62
009
423
189

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 be
issued



2
Number of+securities issued or to
be issued (if known) or maximum
number which may be issued



3
Principal terms of the+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)

Ordinary Shares
Options to acquire Fully Paid Ordinary
Shares
Up to 192,542,395 Ordinary Shares
Up to 96,271,197 Listed Options to
acquire Fully Paid Ordinary Shares
Ordinary Fully Paid Shares
Listed Options exercise price $0.03,
expiring 30 June 2015

+ See chapter 19 for defined terms.

24/10/2005

Appendix
3B
Page
1

4
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


5
Issue price or consideration



6
Purpose of the issue
(If issued as consideration for the
acquisition
of
assets,
clearly
identify those assets)








7
Dates of entering+securities into
uncertificated
holdings
or
despatch of certificates


Rank Equally
1.8 cents per Ordinary Share
$nil per Listed Option
To raise funds for:
a) the balance of the cost of plant
on the Carnarvon installation
b) further progress payments to ship
more Powerboxes; and
c) working capital
8 February 2012




8
Number
and
+class
of
all
+securities
quoted
on
ASX
(including
the
securities
in
clause 2 if applicable)





9
Number
and
+class
of
all
+securities not quoted on ASX
(including
the
securities
in
clause 2 if applicable)





10
Dividend policy (in the case of a
trust, distribution policy) on the
increased capital (interests)
Number +Class
Up to 921,010,554
64,737,700
Up to 426,481,407
Ordinary Shares
Options
exercisable at
$0.20 on or before
31 December 2016
Options
exercisable at
$0.03 on or before
30 June2015
Number +Class
41,701,418
75
25
Ordinary Shares
Convertible Bonds
Maturing 4
February 2016 Zero
coupon rate
Unsecured
Convertible Bonds
Maturing 22 March
2016 Zero coupon
rate
Unsecured
No dividend policy has been
established

**Part

2
-­‐
Bonus
issue
or
pro
rata
issue**

11
Is
security
holder
approval
required?



12
Is the issue renounceable or non-
renounceable?


13
Ratio in which the+securities will
be offered


14
+Class of+securities to which the
offer relates


No
Non-renounceable

1 New Share for every 4 Shares held at
Record Date with 1 New Option for
every2 New Shares

Options to acquire Ordinary Shares

+ See chapter 19 for defined terms.

24/10/2005

Appendix
3B
Page
3

15
+Record
date
to
determine
entitlements


16
Will
holdings
on
different
registers (or subregisters) be
aggregated
for
calculating
entitlements?


17
Policy for deciding entitlements
in relation to fractions



18
Names of countries in which the
entity has+security holders who
will not be sent new issue
documents
Note: Security holders must be told how their
entitlements are to be dealt with.
Cross reference: rule 7.7.


19
Closing
date
for
receipt
of
acceptances or renunciations


20
Names of any underwriters




21
Amount of any underwriting fee
or commission


22
Names of any brokers to the issue




23
Fee or commission payable to the
broker to the issue


24
Amount of any handling fee
payable to brokers who lodge
acceptances or renunciations on
behalf of+security holders


25
If the issue is contingent on
+security holders’ approval, the
date of the meeting


26
Date entitlement and acceptance
form and prospectus or Product
Disclosure Statement will be sent
to persons entitled

22 December 2011
No
Fractional entitlements will be rounded
up to the nearest whole number of
shares
NA
1 February 2012
NA
nil
NA
NA
NA
NA
30 December 2011
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
Date rights trading will begin (if
applicable)


29
Date rights trading will end (if
applicable)



15 December 2011
NA
NA
30
How do+security holders sell
their entitlements_in full_through
a broker?


31
How do+security holders sell
_part_of their entitlements through
a broker and accept for the
balance?


32
How do+security holders dispose
of their entitlements (except by
sale through a broker)?


33
+Despatch date

NA
NA
NA
8 February 2012

**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)**

Items
35
to
42
not
applicable

+ See chapter 19 for defined terms.

24/10/2005

Appendix
3B
Page
5

**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: Print
name: Geoffrey
Reid

............................................................ Date:
13[th] December
2011 (Director/Company
secretary)

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