Ann: ASX determination in relation to Listing Rule 7.1, page-20

To be honest good question I am not an expert on Equity Funding maybe this is the case but I think it is primarily due to the drawdown facility
possible shares on issue and the shares on issue in February would have exceeded at that point in time and therefore requiring shareholders approval until 12 months from February 2020 for any capital raise during this period.

Also I am not sure about this 25% Covid if this is applicable and don't know enough about this...