ACN. 000 317 251
On behalf of the Board, CuDeco Limited advise that the sub-underwriters to the Rights Issue have subscribed for 25,119,947 ordinary shares under the Underwriting Agreement, which were allotted by the Company on 24 May 2016.
The remaining commitment under the Underwriting Agreement for 12.5 Million shares is expected to be allotted by 31 July 2016.
-
An Appendix 3B dated 13 May 2016 for the allotment of shares issued pursuant to entitlements taken up and subscriptions for additional securities by eligible shareholders (as lodged with the Listing Operations of ASX on 13 May 2016); and
-
An Appendix 3B dated 24 May 2016 for the allotment of shares issued pursuant to the subscription by the sub-underwriters referred to above.
ENDS
Unit 34, Brickworks Annex, 19 Brolga Avenue, SOUTHPORT 4215
Phone: +617 5503 1955 Facsimile: +617 5503 0288 Email: [email protected]
Appendix 3B New issue announcement
Appendix 3B
Rule 2.7, 3.10.3, 3.10.4, 3.10.5
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, 04/03/13
Name of entity
CUDECO LIMITED
ABN
14 000 317 251
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).
Ordinary Shares
1 +Class of +securities issued or to be issued
41,735,694 ordinary shares
-
Number of +securities issued or to be issued (if known) or maximum number which may be issued
Ordinary fully paid shares issued pursuant to a Rights Issue for entitlements taken up and subscriptions for Additional Securities by eligible shareholders
-
Principal terms of the
+securities (e.g. 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.
04/03/2013 Appendix 3B Page 1
Appendix 3B
New issue announcement
Yes.
-
Do the +securities rank equally in all respects from the +issue date 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
$33.4 Million (price of $0.80 per share)
-
Issue price or consideration
Rights issue - funds raised to be used to complete the construction and commissioning of the Company's Rocklands Project, to repay shareholder loans and for working capital.
-
Purpose of the issue
-
(If issued as consideration for the acquisition of assets, clearly identify those assets)
No
6aIs the entity an +eligible entity 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 resolution under rule 7.1A was passed
6c Number of +securities issued without security holder approval under rule 7.1
6d Number of +securities issued with security holder approval under rule 7.1A
+ See chapter 19 for defined terms.
Appendix 3B Page 2 04/03/2013
6e Number of +securities issued with security holder approval under rule 7.3, or another specific security holder approval (specify date of meeting)
6f Number of +securities issued under an exception in rule 7.2
6g If +securities issued under rule 7.1A, was issue price at least 75% of 15 day VWAP as calculated under rule 7.1A.3? Include the
+issue date and both values. Include the source of the VWAP calculation.
6h If +securities were issued under rule 7.1A for non‐cash consideration, state date on which valuation of consideration was released to ASX Market Announcements
6i Calculate the entity's remaining issue capacity under rule 7.1 and rule 7.1A - complete Annexure 1 and release to ASX Market Announcements
7 +Issue dates
Note: The issue date may be prescribed by ASX (refer to the definition of issue date in rule 19.12). For example, the issue date for a pro rata entitlement issue must comply with the applicable timetable in Appendix 7A.
Cross reference: item 33 of Appendix 3B.
Appendix 3B New issue announcement
13 May 2016
|
Number
|
+Class
|
|
357,158,253
|
Ordinary fully paid
|
8 Number and +class of all
+securities quoted on ASX (including the +securities in section 2 if applicable)
+ See chapter 19 for defined terms.
04/03/2013 Appendix 3B Page 3