NVX 0.61% 82.5¢ novonix limited

Cancellation of Share Purchase PlanNOVONIX Limited (ASX: NVX)...

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    Cancellation of Share Purchase Plan
    NOVONIX Limited (ASX: NVX) (“Novonix” or “the Company”) announces that the Board of
    Directors has resolved to cancel the Share Purchase Plan announced to the market on 25
    February 2021. On 4 March 2021, the Company announced the deferral of the Share Purchase
    Plan. This decision was made after careful consideration by the Board and following the share
    price currently trading below the Share Purchase Plan offer price of A$2.90. The Company
    currently has no intention to re-issue the Share Purchase Plan at a lower price.
    The Directors reserve the right to reconsider the provision of a Share Purchase Plan or
    equivalent initiative at a later stage subject to the support of shareholders and the capital
    requirements of the Company.
    This announcement has been authorised for release by Tony Bellas, Chairman.
 
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