31 January 2023Successful Conclusion of A$3 million...

31 January 2023
Successful Conclusion of A$3 million Placement
Kleos Space S.A. (ASX: KSS, Frankfurt: KS1, Kleos or Company), a space-powered defence &
intelligence technology company, is pleased to announce it has secured A$3 million via a
placement (the Placement) having received strong support from both new and existing
investors.
15 million new CDIs over ordinary Kleos shares (the New CDIs) are expected to be issued
pursuant to the Placement, at $0.20 per New CDI, representing a 9% discount to the last close
on 25 January 2023.
River Investment Management, supported by Rivkin Securities, acted as Lead Manager and
Bookrunner to the Placement.
Kleos’ CEO Alan Khalili commented:
“We are pleased with the strong support received from both new and existing investors
in the Placement.
“With our recent advancements in our proprietary technology platform and with
proceeds from the Placement we are well placed for our next growth phase.”
The Placement will be conducted in a single tranche, with the New CDIs being issued utilising the
Company’s available placement capacity under ASX Listing Rule 7.1A without shareholder
approval being required. New CDIs will rank equally with existing CDIs on issue. Settlement of
the Placement is expected to occur on or before Monday, 6 February 2023.
- ENDS -
This announcement has been authorised by Andy Bowyer, Executive Director of Kleos Space S.A.
GLAH Mal...