Highlights Bonus Options offer on 1:2 basis Shareholders rewarded as Xped continues to develop Xped Limited (ASX: XPE) (“Xped” or “the Company”) is pleased to announce a pro rata offer to shareholders of one Bonus Option for every two shares held in the Company. Participation in the Bonus Option offer is optional and is available exclusively to shareholders of Xped who are registered as holders of Shares at 7pm (AEST) on the Record Date of 19 June 2017 and whose registered address is in Australia or New Zealand. The Bonus Option offer will commence after completion of the proposed share consolidation (which is subject to shareholder approval at the general meeting being held on 30 May 2017). The Bonus Option offer will be non-renounceable. A further announcement will be made once the prospectus for the offer of the Bonus Options (which will contain full details of the offer) has been completed and filed with ASIC. The Prospectus, together with a personalised application form, will be dispatched to eligible shareholders on 22 June 2017. Xped is pleased with and would like to thank shareholders for the support it has received during this early stage of the Company’s development. There have been advances as well as delays, and the Company’s Directors believe that these Bonus Options will reward shareholders for their patience as the Company continues to develop. Each Bonus Option issued will have an issue price of $0.001, an exercise price of $0.02 pre-consolidation (or $0.04 post consolidation) and will expire 6 months from the date of issue. The Company will make an application to have the Bonus Options admitted to the official list of ASX with a proposed ASX code of “XPEO”. The aim of the Bonus Option offer is to give loyal shareholders the offer to participate in the short term growth of the Company as it brings its products to market and, at the same time, to generate funds which will assist in the rollout of those products.
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