Ann: Share Purchase Plan Offer Document, page-74

@Stoked1 ... The PLS issue last year was a rights issue 1 for every 7.6 held not a SPP.

@Paulweller66 .. The NVX planned to do a SPP in March this year but deferred it. It was going to be for $15m.

The $30k per shareholder is the maximum allowed per shareholding as per ASIC rules for a Share Purchase Plan. For other methods like the PLS rights issue, there is no limit per shareholding. Rights issues need more compliance of information than a SPP.

Up to a couple of years ago the limit for a SPP was $15k per shareholding, and back a further 10-12 years is was only $10k IIRC.