Overview
Issuer
Elixinol Global Limited (“Elixinol” or the “Company”)
Offer Type
Initial Public Offering (the “IPO” or the “Offer”)
Lead Manager
Bell Potter Securities Limited (“Bell Potter” or the “Lead Manager”)
Offer Price
A$1.00 per Share
Total proceeds from the Offer
A$25.6 million
Number of Shares offered to investors under the Offer
25.6 million
Number of Shares to be held by Existing Shareholder on Completion of the Offer 1
77.0 million
Total number of Shares on issue on Completion of the Offer
102.6 million
Market Capitalisation at the Offer Price 2
A$102.6 million
Pro Forma net cash on Completion of the Offer
A$18.9 million
Enterprise Value 3
A$83.7 million
Enterprise Value / pro forma forecast CY2017 Revenue 4
5.4x
Expected ASX Code
ASX:EXL
BIDS DUE IN FLOATS FRIDAY 3 NOVEMBER AT 12.00PM
Indicative Timetable
Book build
Monday, 13th November 2017
Prospectus lodgment with ASIC
Tuesday, 14th November 2017
Retail Offer Opens
Thursday, 23rd November 2017
Retail Offer closes and Applications due
Wednesday, 29th November 2017
Settlement of the Offer
Friday, 1st December 2017
Issue of Shares under the Offer (Completion of the Offfer)
Monday, 4th December 2017
Expected despatch of holding statements
Tuesday, 5th December2017
Shares expected to begin trading on the ASX on a normal settlement basis
Friday, 8th December 2017
