Ann: Successful Conclusion of Placement, page-2

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    31 January 2023
    Successful Conclusion of A$3 million Placement

    Kleos Space S.A. (ASX: KSS, Frankfurt: KS1, Kleos or Company), a space-powered defence &
    intelligence technology company, is pleased to announce it has secured A$3 million via a
    placement (the Placement) having received strong support from both new and existing
    investors.
    15 million new CDIs over ordinary Kleos shares (the New CDIs) are expected to be issued
    pursuant to the Placement, at $0.20 per New CDI, representing a 9% discount to the last close
    on 25 January 2023.
    River Investment Management, supported by Rivkin Securities, acted as Lead Manager and
    Bookrunner to the Placement.
    Kleos’ CEO Alan Khalili commented:
    “We are pleased with the strong support received from both new and existing investors
    in the Placement.
    “With our recent advancements in our proprietary technology platform and with
    proceeds from the Placement we are well placed for our next growth phase.”
    The Placement will be conducted in a single tranche, with the New CDIs being issued utilising the
    Company’s available placement capacity under ASX Listing Rule 7.1A without shareholder
    approval being required. New CDIs will rank equally with existing CDIs on issue. Settlement of
    the Placement is expected to occur on or before Monday, 6 February 2023.
    - ENDS -
    This announcement has been authorised by Andy Bowyer, Executive Director of Kleos Space S.A.
    GLAH Mal...smile.png
 
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