Ann: Security Purchase Plan, page-20

That's not what occured for the ESS CR.

Here's the info from the company announcement of the 18th November

HIGHLIGHTS § Share Placement

Oversubscribed and scaled back to $2.05M before issue costs at an $0.085 issue price plus a 1 for 2 free option.

A 12.4% discount to the closing price on Friday 13 November and a 10.2% discount to the 15-day VWAP.

The Placement was company led and supported by Fresh Equities Pty Ltd, who provided a cornerstone firm bid for the offer.

Interest received from a range of new and existing sophisticated, professional and institutional investors.

§ Share Purchase Plan (SPP) o $0.75 million to be raised at an $0.085 issue price plus a 1 for 2 free option (option issue is subject to shareholder approval) with the Company able to accept applications over $0.75M at its discretion.