WBT 2.05% $2.39 weebit nano ltd

Ann: Weebit Nano Limited - Share Purchase Plan, page-2

  1. 244 Posts.
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    Re Scale Back:

    15. Scale-back

    (a) The SPP Offer aims to raise A$3 million. WBT may, in its absolute discretion, reduce the
    number of New Shares allotted to each applicant to the extent and in the manner that it sees
    fit, including if the aggregate amount applied for by all Eligible Shareholders exceeds WBT’s
    requirements (Scale-back). If undertaken, the Scale-back will take into account the application
    size of each applicant and the number of Shares held on the Record Date.

    (b) If there is a Scale-back, you may receive less than the parcel of New Shares for which you
    have applied.

    (c) If there is a Scale-back, the difference between the application money received from you, and
    the number of New Shares allocated to you multiplied by the Issue Price, will be refunded by
    WBT, without interest, following allotment.

    (d) If a Scale-back produces a fractional number of New Shares when applied to your parcel, the
    number of New Shares you will be allotted will be rounded down to the nearest whole number
    of New Shares.
    Last edited by terratree: 02/12/20
 
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