re: ERG -Cheers Rob--see what you are saying BK1,0
http://stocknessmonster.com/news-item?S=ERG&E=ASX&N=213871 ERG LIMITED 2002-04-04 ASX-SIGNAL-G
HOMEX - Perth
+++++++++++++++++++++++++ APPENDIX 3B NEW ISSUE ANNOUNCEMENT
APPLICATION FOR QUOTATION OF ADDITIONAL SECURITIES AND AGREEMENT
Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX's property andmay be made public.
We (the entity) give ASX the following information.
PART 1 - ALL ISSUES You must complete the relevant sections (attach sheets if there is not enough space).
1. Class of securities issued Ordinary shares and options or to be issued
2. Number of securities issued (a) 75,541,489 ordinary shares or to be issued (if known) (b) 1,000,000 options or maximum number which may be issued
3. Principal terms of the securities (a) 75,541,489 fully paid (eg, if options, exercise price ordinary shares and expiry date; if partly paid (b) 1,000,000 options expiring securities, the amount 15/03/2007 exercisable at outstanding and due dates for $0.376 payment; if convertible securities, the conversion price and dates for conversion)
4. Do the securities rank equally (a) Yes in all respects from the date (b) N/A of allotment with an existing class of quoted securities
If the additional securities do not rank equally, please state: * the date from which they do * the extent to which they participate for the next dividend, (in the case of a trust, distribution) or interest payment * the extent to which they do not rank equally, other than in relation to the next dividend, distribution or interest payment
5. Issue price or consideration (a) 75,541,489 ordinary shares at $0.28 (b) 1,000,000 options at $0.314
6. Purpose of the issue (if (a) As part of the acquisiton issued as consideration for of Proton World International the acquisition of assets, SA ("PWI"), the Company has clearly identify those agreed to issue shares to the assets) shareholders of PWI as follows: (i) 14,841,655 ordinary shares to American Express Travel Related Services Company Inc; (ii) 14,841,655 ordinary shares to Visa International Service Association; (iii) 14,841,655 ordinary shares to Interpay Nederland BV; and (iv) 31,016,515 ordinary shares to Banksys SA.
(b) As part of the acquisition of PWI, the Company has agreed to issue 1,000,000 options to Visa International Service Association.
7. Dates of entering securities 15 March 2002 into uncertified holdings or despatch of certificates
NUMBER CLASS 8. Number and class of all 927,747,074 Ordinary Shares securities quoted on 18,518,519 Convertible notes ASX (including the maturing 01/10/2005 securities in clause exercisable at $13.50 2 if applicable)
NUMBER CLASS 9. Number and class of all 9,057,100 Ordinary employee securities not quoted shares on ASX (including the 13,828,989 Convertible notes securities in clause 2 maturing 15/10/2002 if applicable) exercisable at $1.65 150,000 Employee options expiring 19/07/2002 exercisable at $0.93 450,000 Employee options expiring 26/10/02 exercisable at $0.93 159,000 Employee options expiring various dates exercisable at various prices 3,000 Employee options expiring 17/11/2003 exercisable at $3.18 3,750,000 Employee options expiring 09/12/2008 exercisable at $0.37 75,000 Employee options expiring 11/12/2008 exercisable at $0.38 2,190,000 Employee options expiring 16/07/2009 exercisable at $0.93 330,000 Employee options expiring 30/08/2009 exercisable at $1.19 75,000 Employee options expiring 26/11/2009 exercisable at $2.60 75,000 Employee options expiring 29/11/2009 exercisable at $2.60 150,000 Employee options expiring 01/12/2009 exercisable at $2.66 315,000 Employee options expiring 02/12/2009 exercisable at $2.64 120,000 Employee options expiring 10/01/2010 exercisable at $2.54 105,000 Employee options expiring 11/01/2010 exercisable at $2.59 174,000 Employee options expiring 12/01/2010 exercisable at $2.61 232,500 Employee options expiring 13/01/2010 exercisable at $2.62 235,500 Employee options expiring 14/01/2010 exercisable at $2.70 150,000 Employee options expiring 25/01/2010 exercisable at $3.75 12,000 Employee options expiring 25/02/2010 exercisable at $3.75 180,000 Employee options expiring 14/06/2010 exercisable at $3.08 1,020,000 Employee options expiring 01/11/2010 exercisable at $3.23 1,804,000 Employee options expiring 17/11/2010 exercisable at $3.18 1,000,000 Options expiring 15/03/2007 exercisable at $0.376
10.Dividend policy (in the case Ordinary shares in the Company of a trust, distribution are entitled to participate in policy) on the increased dividends declared by directors capital (interests) of the Company from time to time.
PART 2 - BONUS ISSUE OR PRO RATA ISSUE
Items 11 to 33 are Not Applicable
PART 3 - QUOTATION OF SECURITIES You need only complete this section if you are applying for quotation of securities
34. Type of securities (tick one)
(a) X Securities described in Part 1
(b) All other securities
Example: restricted securities at the end of the escrowed period, partly paid securities that become fully paid, employee incentive share securities when restriction ends, securities issued on expiry or conversion of convertible securities
Entities that have Ticked Box 34(a)
Additional Securities Forming a New Class of Securities (If the additional securities do not form a new class, go to 43)
Tick to indicate you are providing the information or documents
35. The names of the 20 largest holders of the additional securities, and the number and percentage of additional securities held by those holders
36. A distribution schedule of the additional securities setting out the number of holders in the categories 1 - 1,000 1,001 - 5,000 5,001 - 10,000 10,001 - 100,000 100,001 - and over
37. A copy of any trust deed for the additional securities (now go to 43)
Entities that have Ticked Box 34 (b)
Items 38 to 42 are Not Applicable
ALL ENTITIES
Fees
43. Payment method (tick one)
Cheque attached
Electronic payment made Note: Payment may be made electronically if Appendix 3B is given to ASX electronically at the same time.
X Periodic payment as agreed with the home branch has been arranged Note: Arrangements can be made for employee incentive schemes that involve frequent issues of securities.
QUOTATION AGREEMENT
1. Quotation of our additional securities is in ASX's absolute discretion. ASX may quote the securities on any conditions it decides.
2. We warrant to ASX that the issue of the securities to be quoted complies with the law and is not for an illegal purpose, and that there is no reason why those securities should not be granted quotation. We warrant to ASX that an offer of the securities for sale within 12 months after their issue will not require disclosure under section 707(3) of the Corporations Law.
3. We will indemnify ASX to the fullest extent permitted by law in respect of any claim, action or expense arising from or connected with any breach of the warranties in this agreement.
4. We give ASX the information and documents required by this form. Ifany information or document not available now, will give it to ASX before quotation of the securities begins. We acknowledge that ASX is relying on the information and documents. We warrant that they are (will be) true and complete.
C L Barrett-Lennard DIRECTOR/COMPANY SECRETARY 04/04/2002
ERG Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
(20min delay)