TV2 0.00% 0.8¢ tv2u international limited

Ann: TV2U to Undertake Listed Options Placement, page-2

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    TV2U International Limited (ASX: TV2) (TV2U or Company) refers to its announcement on 4 March
    2019 confirming that the listed options on issue exercisable at $0.04 on or before 30 March 2019 (ASX
    Code: TV2O) (TV2O Options) will soon expire.
    The Company is pleased to advise that it will soon undertake a placement of up to 351,413,781
    listed options exercisable at $0.02 on or before 30 March 2021 (New Option) at an issue price of
    $0.001 per New Option to raise up to $351,414 (Options Offer), as approved by shareholders at the
    Company's recent general meeting held on 22 March 2019.
    The Options Offer will be made available for application by all holders of the TV2O Options on the
    basis of one (1) New Option for every one (1) TV2O Option held on the record date.
    The Options Offer is being undertaken for the primary purpose of providing all holders of the TV2O
    Options the opportunity to continue to participate in the ongoing development of the Company.
    An indicative timetable for completion of the Options Offer is set out below:
    Column 1 Column 2
    0 Action Date*
    1 Date for determining eligibility of participants in the OptionsOffer 30 March 2019
    2 Lodgement of the prospectus with the ASIC and ASX 10 April 2019
    3 Lodgement of Appendix 3B 10 April 2019
    4 Opening Date of the Options Offer 10 April 2019
    5 Closing Date of the Options Offer* 26 April 2019
    6 Expected date of Official Quotation of New Options 3 May 2019
 
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Currently unlisted public company.

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