AEV 10.0% 1.1¢ avenira limited

Ann: Half Yearly Report and Accounts, page-34

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 7,323 Posts.
    lightbulb Created with Sketch. 2283
    I previously alluded to AEV placement capacity earlier. I thought it had been fully utilised during the big raise with GEAR and Hebang.

    ASX Listing Rule 7.1.A
    "Listing Rule 7.1A allows eligible entities to issue up to 10% of their share capital in every 12 month period with approval by way of a special resolution of shareholders passed at an annual general meeting"

    Prior to the big CR in December, AEV had 1,737,257,249 SOI.

    In the December CR, AEV :
    "7D.1c ( i ) How many +securities are proposed to be issued without +security holder approval using the entity's additional 10% placement capacity under listing rule 7.1A? 173,725,724"


    And now AEV said for this current CR:
    "137,125,000 fully paid ordinary shares will be issued under the Company’s existing Listing Rule 7.1A placement capacity"

    Any thoughts?
 
watchlist Created with Sketch. Add AEV (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.