Ann: FBR Capital Raising, page-4

SPP!!! And they are doing a TOUR!!!

FBR Limited Capital Raising - $5.5 million Placement and
$5 million Share Purchase Plan
Thursday, 5 December 2019 – Robotic technology company FBR Limited (ASX:FBR) (‘FBR’ or ‘the
Company’) is pleased to announce that it has successfully secured a placement of 122,222,223
ordinary shares in the Company with a small group of international and domestic institutional and
sophisticated investors at a price of 4.5 cents per share, raising $5.5 million (Placement). The funds
raised will be used for working capital purposes as the Company continues to commercialise the
Hadrian X®. The new shares to be issued under the Placement will rank equally with existing FBR fully
paid ordinary shares on issue. The Placement was managed by Bell Potter Securities Limited and was
conducted in accordance with ASX Listing Rule 7.1. The expected date of issue of the securities is
Thursday, 12 December 2019.
FBR is now pleased to invite existing shareholders to invest in the Company via a Share Purchase Plan
(SPP) at the same price as the Placement of 4.5 cents per share to raise up to $5 million for general
working capital for the Company. The SPP will allow all eligible FBR shareholders to purchase between
$1,000 and $30,000 worth of shares in FBR at an offer price of 4.5 cents per share. The offer price
equates to approximately a 15% discount based on FBR’s share price at the close of trading on Monday,
2 December 2019.
FBR’s Managing Director and CEO - Global, Mike Pivac said: “The progress that FBR has made as a
Company, along with the development and further progress of the Hadrian X® this past year has been
very significant and points to a bright future for FBR. We are continuing to test our Hadrian X®
prototypes by building house structures in real world environments as part of our Pilot Phase
Programs with builders, and we are making good progress on our commercialisation pathway.
Therefore, I believe that now is the appropriate time to offer all our existing shareholders the
opportunity to invest further in FBR as we move into the next stage of our journey. The funds raised
will be used for working capital as we introduce the Wall as a Service® offering to the Australian
market and the world.”
The offer opens on Friday, 6 December 2019 and will close on Monday, 23 December 2019. Eligible
shareholders are those who were registered holders of shares in FBR on Wednesday, 4 December
2019. The Company reserves the right to close the offer early and/or to accept oversubscriptions of
shares in the SPP. Full details of the SPP including offer and acceptance forms will be sent to all
eligible shareholders in the coming days.
Company presentations will be provided in Brisbane, Melbourne, Sydney & Perth as detailed below:
FBR Presentation Details (further details available on the FBR website www.fbr.com.au)
BRISBANE
11 December 2019
12:30PM – 1:30PM
Sofitel Brisbane
Central
249 Turbot Street,
Brisbane, QLD, 4000
MELBOURNE
12 December 2019
12:30PM – 1:30PM
The Westin Melbourne
205 Collins Street,
Melbourne, VIC, 3000
SYDNEY
13 December 2019
12:30PM – 1:30PM
Four Seasons Hotel
Sydney
199 George Street,
Sydney, NSW 2000
PERTH
16 December 2019
12:30PM – 1:30PM
RSM
Level 8 Exchange
Tower, 2, The
Esplanade, Perth, WA
6000