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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Coal of Africa | LSE:CZA | London | Ordinary Share | AU000000CZA6 | ORD NPV |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 43.50 | 42.00 | 45.00 | 0.00 | 00:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMCZA
RNS Number : 9704U
Coal of Africa Limited
30 October 2017
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 Coal of Africa Limited ---------------------- ABN 98 008 905 388 --------------
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 Unlisted Options (Warrants) issued or to be issued 2 Number of +securities 48,175,033 Unlisted Options issued or to be issued (if known) or maximum number which may be issued 3 Principal terms The Options vest immediately of the +securities and are exercisable on (e.g. if options, or before 16 June 2022 exercise price at R0.60 each. 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 No 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 ------------------------------- 5 Issue price or Unlisted Options - Nil consideration ------------------------------- Purpose of the Options issued to Industrial issue Development Corporation 6 (If issued as of South Africa Limited consideration (IDC) following the First for the acquisition Advance Date in accordance of assets, clearly with the Loan Agreement identify those entered into between assets) the Company, Baobab Mining and Exploration Proprietary Limited and the IDC. ------------------------------------------------- Is the entity No an +eligible entity 6a that has obtained 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 N/A holder resolution 6b under rule 7.1A was passed ------------------------------------------------- Number of +securities N/A issued without 6c security holder approval under rule 7.1 ------------------------------------------------- Number of +securities N/A issued with security 6d holder approval under rule 7.1A ------------------------------------------------- Number of +securities N/A issued with security 6e holder approval under rule 7.3, or another specific security holder approval (specify date of meeting) ------------------------------------------------- Number of +securities N/A issued under an 6f exception in rule 7.2 ------------------------------------------------- If +securities N/A issued under rule 6g 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. ------------------------------------------------- If +securities N/A were issued under 6h rule 7.1A for non-cash consideration, state date on which valuation of consideration was released to ASX Market Announcements ------------------------------------------------- Calculate the Rule 7.1 - 374,462,646 entity's remaining shares 6i issue capacity Rule 7.1A - N/A under rule 7.1 and rule 7.1A - complete Annexure 1 and release to ASX Market Announcements ------------------------------------------------- 7 +Issue dates 27 October 2017 Note: 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. Number +Class ----------------------------- ------------------ Number and +class of all +securities quoted on ASX (including the +securities in 8 section 2 if applicable) 2,817,584,530 Ordinary shares ----------------------------- ------------------ Number +Class ------------ ----------------------- Options exercisable at ZAR1.32 on or before 21 October 2018 Performance Rights vesting on 1 December 2018 subject to vesting conditions Performance 20,000,000 Rights vesting on 1 December 2018 subject to vesting conditions 15,163,965 Options exercisable at GBP 0.055 on or before 10,830,095 1 December 2018 Performance Rights vesting 5,000,000 on 13 December 2019 subject to vesting conditions 19,238648 Performance Rights vesting
on 1 December Number and +class 2018 subject of all +securities to vesting conditions not quoted on 10,402,529 ASX (including Options exercisable the +securities at R0.60 on in section 2 if or before 16 9 applicable) 48,175,033 June 2022 ------------ ----------------------- 10 Dividend policy N/A (in the case of a trust, distribution policy) on the increased capital (interests) -------------------------------------
Part 2 -- Pro rata issue
11 Is security holder N/A approval 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 offer 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 ---- 24 Amount of any handling fee payable to brokers 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) +Securities described in Part 1 (a) only (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
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 N/A for which +quotation 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) --------- Number +Class ------- --------- 42 Number and +class of all +securities 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 is not available now, we 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.
Sign here: ......................................................... Date: 27 October 2017
Company secretary
Print name: Tony Bevan
== == == == ==
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 1,927,001,328 -------------------------------------------------------------- -------------- 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 890,583,202 -------------------------------------------------------------- -------------- Subtract the number Nil of fully paid +ordinary securities cancelled during that 12 month period -------------------------------------------------------------- -------------- "A" 2,817,584,530 -------------------------------------------------------------- -------------- Step 2: Calculate 15% of "A" --------------------------------------------------------------------------------------------- "B" 0.15 [Note: this value cannot be changed] ------------------------------------------------------------- ------------------------------ Multiply "A" by 0.15 422,637,679 ------------------------------------------------------------- ------------------------------ 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 48,175,033 ------------------------------------------------------------- ------------------------------ "C" 48,175,033 ------------------------------------------------------------- ------------------------------ 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 2 422,637,679 ------------------------------------------------------------- ------------------------------ Subtract "C" Note: number must be same as shown in Step 3 48,175,033 ------------------------------------------------------------- ------------------------------ Total ["A" x 0.15] 374,462,646 - "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" N/A 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 N/A ------------------------------------------------------------- ----------------------------- 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" N/A ------------------------------------------------------------- ----------------------------- 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] N/A - "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
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October 30, 2017 07:03 ET (11:03 GMT)
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