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SYN Synergia Energy Ltd

0.11
0.005 (4.76%)
13 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Synergia Energy Ltd LSE:SYN London Ordinary Share AU0000233538 ORD NPV
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.005 4.76% 0.11 0.105 0.115 0.1125 0.105 0.105 39,264,305 16:16:37
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Crude Petroleum & Natural Gs 1.3M -5.38M -0.0006 -1.83 9.26M

Oilex Ltd Appendix 3B - Rights Issue (1374V)

05/08/2015 7:00am

UK Regulatory


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TIDMOEX

RNS Number : 1374V

Oilex Ltd

05 August 2015

05 August 2015

AIM: OEX

Issue of Shares under Rights Issue and Expiry of Unlisted Options

Oilex Ltd (Oilex) has today issued 16,235,098 ordinary shares at an issue price of $0.041 per share following receipt of acceptances in accordance with the terms of the Rights Issue.

The Company advises that application has also been made for the admission to trading on AIM and it expects the shares to be admitted to trading on AIM on 11 August 2015.

Expiry of Unlisted Options

Oilex also advises the cancellation of 75,000 employee options that have expired.

For and on behalf of Oilex Ltd

Chris Bath

Chief Financial Officer and Company Secretary

For further information, please contact the company or its advisors listed below:

 
 PAC Partners                                                  Strand Hanson               Vigo Communications 
 Pty Ltd                           Westhouse Securities         Limited                    Public Relations 
 Australian                               Limited               Nominated Adviser          UK 
 Broker                                 AIM Broker              Rory Murphy                Patrick d'Ancona 
 Andrew Shearer                       Robert Finlay /           /Ritchie Balmer            / Chris McMahon 
 Email:                              Alastair Stratton          Email:                     Email: 
 ashearer@pacpartners.com.au              Email:                oilex@strandhanson.co.uk   patrick.dancona@vigocomms.c 
 Tel: +61 3                    alastair.stratton@westhousese    Tel: +44 20                om 
 8633 9862                             curities.com             7409 3494                  chris.mcmahon@vigocomms.com 
 Australia                           Tel: +44 20 7601           UK                         Tel: +44 20 7016 
                                           6100                                            9570 
                                            UK                                             UK 
============================  ==============================  ==========================  ============================ 
 

Rule 2.7, 3.10.3, 3.10.4, 3.10.5

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 and may be made public.

Introduced 01/07/96 Origin: Appendix 5 Amended 01/07/98, 01/09/99, 01/07/00, 30/09/01, 11/03/02, 01/01/03, 24/10/05, 01/08/12, 04/03/13

 
Name of entity 
 OILEX LTD 
-------------- 
 
 
ABN 
 50 078 652 632 
--------------- 
 

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          Fully Paid Ordinary Shares 
      or to be issued 
 
     Number of +securities issued 
      or to be issued (if known) 
      or maximum number which may 
 2    be issued                              16,235,098 
 
 3   Principal terms of the +securities    Fully Paid Ordinary Shares 
      (eg, if options, exercise 
      price and expiry date; if 
      partly paid +securities, 
      the amount outstanding and 
      due dates for payment; if 
      +convertible securities, 
      the conversion price and 
      dates for conversion) 
                                         ---------------------------- 
 
 
 4      Do the (+) securities rank                                     Yes 
         equally in all respects 
         from the date 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                                 $0.041 per share 
                                                                    --------------------------------- 
 
        Purpose of the issue                                         The net proceeds will be used 
         (If issued as consideration                                  to fund part of the Cambay and 
   6     for the acquisition of                                       Bhandut Field work programmes 
         assets, clearly identify                                     for the 2015/16 year, minimum 
         those assets)                                                work commitments in the Canning 
                                                                      Basin and working capital. 
                                                                    --------------------------------- 
 
        Is the entity an (+) eligible 
         entity that has obtained                                      No 
   6a    security holder approval 
         under rule 7.1A? 
 
         If Yes, complete sections 
         6b - 6h in relation to 
         the +securities the subject 
         of this Appendix 3B, and 
         comply with section 6i 
                                                                    --------------------------------- 
 
        The date the security holder 
         resolution under rule 7.1A                                    Not applicable 
   6b    was passed 
                                                                    --------------------------------- 
 
        Number of (+) securities 
         issued without security                                       Not applicable 
   6c    holder approval under rule 
         7.1 
                                                                    --------------------------------- 
 
        Number of (+) securities 
         issued with security holder                                   Not applicable 
   6d    approval under rule 7.1A 
                                                                    --------------------------------- 
 
        Number of +securities issued                                  Not applicable 
         with security holder approval 
   6e    under rule 7.3, or another 
         specific security holder 
         approval (specify date 
         of meeting) 
                                                                    --------------------------------- 
 
 6f     Number of (+) securities                                      Not applicable 
         issued under an exception 
         in rule 7.2 
                                                                    --------------------------------- 
 
 6g     If (+) securities issued                                      Not applicable 
         under rule 7.1A was issue 
         price at least 75% of 15 
         day VWAP as calculated 
         under rule 7.1A.3? Include 
         the (+) issue date and 
         both values. Include the 
         source of the VWAP calculation. 
                                                                    --------------------------------- 
 
 6h     If (+) securities were                                        Not applicable 
         issued under rule 7.1A 
         for non-cash consideration, 
         state date on which valuation 
         of consideration was released 
         to ASX Market Announcements 
                                                                    --------------------------------- 
 
 
      Calculate the entity's remaining 
       issue capacity under rule 7.1 
       and rule 7.1A - complete Annexure 
       1 and release to ASX Market 
 6i    Announcements                           7.1 - 2 
                                             --------------------------------------------- 
 
 7    (+) Issue dates                          5 August 2015 
       Notes: The issue date may be 
       prescribed by ASX (refer to 
       the definition of issue date 
       in rule 19.12). For example, 
       the issue date for a pro rata 
       entitlement issue must comply 
       with the applicable timetable 
       in appendix 7A. 
 
       Cross reference: item 33 of 
       Appendix 3B. 
                                             --------------------------------------------- 
 
 8    Number and +class of all +securities       Number                (+) Class 
       quoted on ASX (including the 
       (+) securities in section 2 
       if applicable) 
                                             -------------  ------------------------------ 
                                               739,875,900   Fully Paid Ordinary 
                                                              Shares 
                                               188,255,171    Listed options exercisable 
                                                               at $0.15 each by 07/09/2015 
                                             -------------  ------------------------------ 
 
 9    Number and +class of all +securities          Number                          +Class 
       not quoted on ASX (including 
       the securities in section 2 
       if applicable) 
                                             -------------  ------------------------------ 
                                                 3,000,000               $0.15 Options due 
                                                 5,000,000                      17/12/2015 
                                                   500,000               $0.25 Options due 
                                                 2,000,000                      08/03/2016 
                                                 2,000,000               $0.15 Options due 
                                                 3,000,000                      27/06/2016 
                                                   250,000               $0.15 Options due 
                                                   500,000                      04/11/2016 
                                                 1,175,000               $0.15 Options due 
                                                 1,500,000                      11/11/2016 
                                                 2,000,000               $0.15 Options due 
                                                 5,000,000                      05/12/2016 
                                                   500,000               $0.15 Options due 
                                                   250,000                      10/03/2017 
                                                 1,075,000               $0.25 Options due 
                                                   500,000                      27/06/2017 
                                                 4,000,000               $0.25 Options due 
                                                 1,500,000                      05/08/2017 
                                                                         $0.25 Options due 
                                                                                25/08/2017 
                                                                         $0.25 Options due 
                                                                                11/11/2017 
                                                                         $0.10 Options due 
                                                                                22/12/2017 
                                                                         $0.25 Options due 
                                                                                16/02/2018 
                                                                         $0.25 Options due 
                                                                                10/03/2018 
                                                                         $0.35 Options due 
                                                                                05/08/2018 
                                                                         $0.35 Options due 
                                                                                16/02/2019 
                                                                         $0.15 Options due 
                                                                                29/04/2019 
                                                                         $0.35 Options due 
                                                                                25/08/2019 
                                             -------------  ------------------------------ 
 
 10   Dividend policy (in the case 
       of a trust, distribution policy)         Not applicable 
       on the increased capital (interests) 
                                             --------------------------------------------- 
 

Part 2 -- Pro rata issue

 
 11   Is security holder approval        Not applicable 
       required? 
                                        --------------- 
 
 12   Is the issue renounceable 
       or non-renounceable? 
                                        --------------- 
 
 13   Ratio in which the +securities 
       will be offered 
 
 14   +Class of +securities 
       to which the offer relates 
                                        --------------- 
 
 15   +Record date to determine 
       entitlements 
                                        --------------- 
 
 16   Will holdings on different 
       registers (or subregisters) 
       be aggregated for calculating 
       entitlements? 
                                        --------------- 
 
 17   Policy for deciding entitlements 
       in relation to fractions 
                                        --------------- 
 
 18   Names of countries in 
       which the entity has 
       security holders who 
       will not be sent new 
       issue documents 
       Note: Security holders 
       must be told how their 
       entitlements are to be 
       dealt with. 
       Cross reference: rule 
       7.7. 
                                        --------------- 
 
 19   Closing date for receipt 
       of acceptances or renunciations 
                                        --------------- 
 
 20   Names of any underwriters 
                                        --------------- 
 
 21   Amount of any underwriting 
       fee or commission 
                                        --------------- 
 
 22   Names of any brokers 
       to the issue 
                                        --------------- 
 
 23   Fee or commission payable 
       to the broker to the 
       issue 
                                        --------------- 
 
 
 
            Amount of any handling 
             fee payable to brokers 
   24        who lodge acceptances or 
             renunciations on behalf 
             of security holders 
                                              ----------------------------- 
 
 25         If the issue is contingent 
             on security holders' approval, 
             the date of the meeting 
                                              ----------------------------- 
 
 26         Date entitlement and acceptance 
             form and offer documents 
             will be sent to persons 
             entitled 
                                              ----------------------------- 
 
 27         If the entity has issued 
             options, and the terms 
             entitle option holders 
             to participate on exercise, 
             the date on which notices 
             will be sent to option 
             holders 
                                              ----------------------------- 
 
 28         Date rights trading will 
             begin (if applicable) 
                                              ----------------------------- 
 
 29         Date rights trading will 
             end (if applicable) 
                                              ----------------------------- 
 
 30         How do security holders 
             sell their entitlements 
             in full through a broker? 
                                              ----------------------------- 
 
 31         How do security holders 
             sell part of their entitlements 
             through a broker and accept 
             for the balance? 
                                              ----------------------------- 
 
 32         How do security holders 
             dispose of their entitlements 
             (except by sale through 
             a broker)? 
                                              ----------------------------- 
 
 33         +Issue date 
                                              ----------------------------- 
 
 

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)   ü   (+) Securities described in Part 1 
 
 (b)   o        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 
 Tick to indicate you are providing the information or 
  documents 
 
 35         If the +securities are +equity securities, the names 
             of the 20 largest holders of the additional +securities, 
             and the number and percentage of additional +securities 
             held by those holders 
 
 36         If the +securities are +equity securities, 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 
 
 Entities that have ticked box 34(b) 
                                                                                                     --- 
 38    Number of securities 
        for which +quotation                                            Not applicable 
        is sought 
                                                                     ----------------------------------- 
 
 39    +Class of +securities 
        for which quotation is 
        sought 
                                                                     ----------------------------------- 
 
 40    Do the +securities rank 
        equally in all respects 
        from the +issue date 
        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 
                                                                     ----------------------------------- 
 
 41    Reason for request for 
        quotation now 
        Example: In the case 
        of restricted securities, 
        end of restriction period 
        (if issued upon conversion 
        of another (+) security, 
        clearly identify that 
        other (+) security) 
                                                                     ----------------------------------- 
 
 
 
 
 42   Number and +class of all +securities   Number   (+) Class 
       quoted on ASX (including the 
       securities in clause 38) 
                                            -------  ---------- 
 
 

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 the following to ASX. 

-- The issue of the +securities to be quoted complies with the law and is not for an illegal purpose.

   --           There is no reason why those +securities should not be granted +quotation. 

-- An offer of the +securities for sale within 12 months after their issue will not require disclosure under section 707(3) or section 1012C(6) of the Corporations Act.

Note: An entity may need to obtain appropriate warranties from subscribers for the securities in order to be able to give this warranty

-- Section 724 or section 1016E of the Corporations Act does not apply to any applications received by us in relation to any +securities to be quoted and that no-one has any right to return any +securities to be quoted under sections 737, 738 or 1016F of the Corporations Act at the time that we request that the +securities be quoted.

-- If we are a trust, we warrant that no person has the right to return the +securities to be quoted under section 1019B of the Corporations Act at the time that we request that the +securities be quoted.

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. If any 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.

Chris Bath

   (Chief Financial Officer / Company Secretary)     5 August 2015 

Appendix 3B - Annexure 1

Calculation of placement capacity under rule 7.1 and rule 7.1A for (+) eligible entities

Introduced 01/08/12, Amended 04/03/13

Part 1

 
            Rule 7.1 - Issues exceeding 15% of capital 
------------------------------------------------------------------ 
 Step 1: Calculate "A", the base figure from which the placement 
  capacity is calculated 
------------------------------------------------------------------ 
 Insert number of fully paid 
  (+) ordinary securities on 
  issue 12 months before the 
  (+) issue date or date of 
  agreement to issue 
---------------------------------------------------------------- 
 Add the following: 
   *    Number of fully paid (+) ordinary securities issued 
        in that 12 month period under an exception in rule 
        7.2 
---------------------------------------------------------------- 
 
   *    Number of fully paid (+) ordinary securities issued 
        in that 12 month period with shareholder approval 
---------------------------------------------------------------- 
 
   *    Number of partly paid (+) ordinary securities that 
        became fully paid in that 12 month period 
---------------------------------------------------------------- 
 Note: 
   *    Include only ordinary securities here - other classes 
        of equity securities cannot be added 
 
 
   *    Include here (if applicable) the securities the 
        subject of the Appendix 3B to which this form is 
        annexed 
 
 
   *    It may be useful to set out issues of securities on 
        different dates as separate line items 
---------------------------------------------------------------- 
 Subtract the number of fully 
  paid (+) ordinary securities 
  cancelled during that 12 
  month period 
---------------------------------------------------------------- 
 "A" 
---------------------------------------------------------------- 
 
 
 Step 2: Calculate 15% of "A" 
------------------------------------------------------------------------------------------------------ 
 "B"                                                           0.15 
                                                                [Note: this value cannot be changed] 
------------------------------------------------------------  ---------------------------------------- 
 Multiply "A" by 0.15 
------------------------------------------------------------  ---------------------------------------- 
 Step 3: Calculate "C", the amount of placement capacity 
  under rule 7.1 that has already been used 
------------------------------------------------------------------------------------------------------ 
 Insert number of (+) equity 
  securities issued or agreed 
  to be issued in that 12 
  month period not counting 
  those issued: 
   *    Under an exception in rule 7.2 
 
 
   *    Under rule 7.1A 
 
 
   *    With security holder approval under rule 7.1 or rule 
        7.4 
 
 
  Note: 
   *    This applies to equity securities, unless 
        specifically excluded - not just ordinary securities 
 
 
   *    Include here (if applicable ) the securities the 
        subject of the Appendix 3B to which this form is 
        annexed 
 
 
   *    It may be useful to set out issues of securities on 
        different dates as separate line items 
------------------------------------------------------------  ---------------------------------------- 
 "C" 
------------------------------------------------------------  ---------------------------------------- 
 Step 4: Subtract "C" from ["A" x "B"] to calculate remaining 
  placement capacity under rule 7.1 
------------------------------------------------------------------------------------------------------ 
 "A" x 0.15 
  Note: number must be same 
  as shown in Step 2 
------------------------------------------------------------  ---------------------------------------- 
 Subtract "C" 
  Note: number must be same 
  as shown in Step 3 
------------------------------------------------------------  ---------------------------------------- 
 Total ["A" x 0.15] - "C"                                       [Note: this is the remaining placement 
                                                                 capacity under rule 7.1] 
------------------------------------------------------------  ---------------------------------------- 
 

Part 2

 
                    Rule 7.1A - Additional placement capacity for eligible entities 
------------------------------------------------------------------------------------------------------ 
 Step 1: Calculate "A", the base figure from which the placement 
  capacity is calculated 
------------------------------------------------------------------------------------------------------ 
 "A"                                                            Not applicable 
  Note: number must be same 
  as shown in Step 1 of Part 
  1 
-------------------------------------------------------------  --------------------------------------- 
 Step 2: Calculate 10% of "A" 
------------------------------------------------------------------------------------------------------ 
 "D"                                                            0.10 
                                                                 Note: this value cannot be changed 
-------------------------------------------------------------  --------------------------------------- 
 Multiply "A" by 0.10 
-------------------------------------------------------------  --------------------------------------- 
 Step 3: Calculate "E", the amount of placement capacity under 
  rule 7.1A that has already been used 
------------------------------------------------------------------------------------------------------ 
 Insert number of equity securities 
  issued or agreed to be issued 
  in that 12 month period under 
  rule 7.1A 
  Notes: 
   *    This applies to equity securities - not just ordinary 
        securities 
 
 
   *    Include here - if applicable - the securities the 
        subject of the Appendix 3B to which this form is 
        annexed 
 
 
   *    Do not include equity securities issued under rule 
        7.1 (they must be dealt with in Part 1), or for which 
        specific security holder approval has been obtained 
 
 
   *    It may be useful to set out issues of securities on 
        different dates as separate line items 
-------------------------------------------------------------  --------------------------------------- 
 "E" 
-------------------------------------------------------------  --------------------------------------- 
 Step 4: Subtract "E" from ["A" x "D"] to calculate remaining 
  placement capacity under rule 7.1A 
------------------------------------------------------------------------------------------------------ 
 "A" x 0.10 
  Note: number must be same 
  as shown in Step 2 
-------------------------------------------------------------  --------------------------------------- 
 Subtract "E" 
  Note: number must be same 
  as shown in Step 3 
-------------------------------------------------------------  --------------------------------------- 
 Total ["A" x 0.10] - "E"                                        Note: this is the remaining placement 
                                                                  capacity under rule 7.1A 
-------------------------------------------------------------  --------------------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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