Vintage Energy Limited (“Vintage” or the “Company”) Offer Type:...

Vintage Energy Limited (“Vintage” or the “Company”)
Offer Type:
Initial Public Offering (“IPO”) of new ordinary shares
Listing:
Australian Securities Exchange (“ASX”)
Offer Details:
100% primary
Offer Size:
A$50m (via issue of 250m shares)
Offer Price:
$0.20 per share
Syndicate:
RBC Capital Markets and Taylor Collison
Shares Pre and Post-IPO:
Pre-IPO: 74.6m shares
Issued under IPO: 289.6m shares (250m IPO + 39.6m new Founder Shares)
Post-IPO: 364.2m
Market Cap (post-IPO):
A$72.8m
Shareholdings (post-IPO):
Board and management: 12.8% (escrow for 24 mths)
Existing seed investors: 18.6% (~50% subject to various escrow periods)
New IPO investors: 68.6%
Expected Timetable:
Management Roadshow: Mon, 16