FLC 8.70% 12.5¢ fluence corporation limited

Ann: FLC successfully raises A$33.1mil to underpin growth plans, page-65

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    From todays announcement

    6. SCALE-BACK
    (a) If Fluence receives applications for more than A$5 million of SPP Shares, it may in its discretion undertake a scale-back to the extent and in the manner it sees fit (but which is likely to be undertaken on a pro rata basis based on the value of SPP Shares applied for).
    (b) If there is a scale-back you may receive less than the parcel of SPP Shares for which you have applied.
    If a scale-back produces a fractional number of SPP Shares when applied to your parcel, the number of SPP Shares you will be allotted will be rounded up to the nearest whole number of SPP Shares.
    (c) If there is a scale-back, the difference between the application monies received from you, and the number of SPP Shares allocated to you multiplied by the Issue Price, will be refunded to you in accordance with clause 4.3.
 
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