14/12/2018
07:05 | Oilex Ltd Issue of SecuritiesSource: UK Regulatory (RNS & others)TIDMOEXRNS Number : 4648KOilex Ltd14 December 2018ASX Announcement14 December 2018ASX: OEXAIM: OEXRe: Issue of SecuritiesOilex Ltd (the Company) advises that it has issued 29,120,559 new ordinary shares (New Ordinary Shares) at 0.19 pence pursuant the capital raising announced 11 September 2018. The GBP55,329 (A$100,000) issued today is the final tranche forming part of the GBP0.7 million (A$1.27 million) debt and equity capital raising.The issue of New Ordinary Shares under LR7.1 are included in the attached Appendix 3B.Admission and Total Voting RightsApplication has been made to the London Stock Exchange plc for the admission of the New Ordinary Shares to trading on AIM (Admission). Admission is expected to become effective, and dealings to commence in, the New Ordinary Shares at 8.00 a.m. on 19 December 2018. Following Admission, the Company will have 2,367,311,884 shares in issue. The Company does not currently hold any shares in treasury. Accordingly, the total number of voting rights will be 2,396,432,443.Section 708A(5)(e) StatementPursuant to the issue of the abovementioned New Ordinary Shares, Oilex gives notice under section 708A(5)(e) of the Corporations Act (Cth) (Act) that:1) Oilex issued the Shares without disclosure to investors under Part 6D.2 of the Act; 2) As at the date of this notice, Oilex has complied with: a) the provisions of Chapter 2M of the Act as they apply to Oilex; and b) section 674 of the Act; and 3) As at the date of this notice, there is no information that is 'excluded information' within the meaning of sections 708A(7) and 708(8) of the Act.For and on behalf of Oilex LtdMark BoltonChief Financial Officer Company SecretaryFor further information, please contact:Investor AIM Broker AIM Nominated Media Enquires Media Enquiries Enquiries Cornhill Capital Adviser (UK) (Aus) Oilex Ltd Limited Strand Hanson Vigo Citadel-MAGNUS Joe Salomon Broker Limited Communications Michael Weir Managing Daniel Gee Nominated Adviser Public Relations Email: Director Email: Rory Murphy/Ritchie Patrick mweir@citadelmagnus. Email: danielg@cornhillcapital. Balmer d'Ancona/Chris com oilex@oilex. com Email: McMahon Tel: +618 com.au Tel: +44 20 oilex@strandhanson. Email: 6160 4900 Tel: +61 3700 2500 co.uk patrick.dancona@vi Australia 8 9485 3200 UK Tel: +44 20 gocomms.com Australia 7409 3494 chris.mcmahon@vigo UK comms.com Tel:+ 44 20 7390 0230 UK Rule 2.7, 3.10.3, 3.10.4, 3.10.5Appendix 3BNew issue announcement,application for quotation of additional securitiesand agreementInformation 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, 04/03/13Name of entity OILEX LTD ABN 50 078 652 632 We (the entity) give ASX the following information.Part 1 -- All issuesYou 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 29,120,559 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 GBP0.0019 per share ------------------------------------- 6 Purpose of the issue Proceeds will be applied to ongoing (If issued as consideration working capital requirements for the acquisition of assets, clearly identify those assets) ------------------------------------- 6a Is the entity an (+) eligible entity that has obtained Yes 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 ------------------------------------- 6b The date the security holder resolution under rule 7.1A 29 November 2018 was passed ------------------------------------- Number of (+) securities issued without security holder approval under rule 6c 7.1 29,120,559 ------------------------------------- 6d Number of (+) securities Nil issued with security holder approval under rule 7.1A ------------------------------------- 6e Number of +securities issued Nil with security holder approval 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 issued Not applicable under rule 7.1A for non-cash consideration, state date on which valuation of consideration was released to ASX Market Announcements 6i Calculate the entity's remaining Listing Rule 7.1: 328,844,307 issue capacity under rule 7.1 Listing Rule 7.1A: 238,643,244 and rule 7.1A - complete Annexure 1 and release to ASX Market Announcements 7 (+) Issue dates 14 December 2018 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) --------------------------------- 2,396,432,443 Fully Paid Ordinary Shares --------------------------------- ---------------------------------------------- 9 Number and +class of all +securities Number +Class not quoted on ASX (including the securities in section 2 if applicable) --------------------------------- 91,666,666 Options 60,664,887 ($0.0034, 26/07/2019) 2,222,222 Options ($0.004121, 1/10/2019) Options (GBP0.00225, 22/05/2020) --------------------------------- ---------------------------------------------- 10 Dividend policy (in the case Not applicable of a trust, distribution policy) on the increased capital (interests) --------------------------------------------------------------------------------- Part 2 -- Pro rata issue11 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 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 securitiesYou need only complete this section if you are applying for quotation of securities34 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 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 agreement1 +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.Mark BoltonCompany SecretaryDate: 14 December 2018Appendix 3B - Annexure 1Calculation of placement capacity under rule 7.1 and rule 7.1A for (+) eligible entitiesIntroduced 01/08/12, Amended 04/03/13Part 1Rule 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 1,712,057,998 ------------------------------------------------------ Add the following: 90,190,999 shares (Issued 16/11/18) * Number of fully paid (+) ordinary securities issued 10,000,000 shares (Issued 5/12/18) in that 12 month period under an exception in rule 7.2 ------------------------------------------------------ 157,894,737 shares (issued 29/01/2018) * Number of fully paid (+) ordinary securities issued 1,485,000 shares (issued 1/03/2018) in that 12 month period with shareholder approval 2,759,844 shares (issued 01/03/2018)* 2,770,800 shares (issued 15/05/2018)* 125,000,000 shares (Issued 15/05/2018) 157,894,737 shares (Issued 17/09/2018) 10,843,344 shares (Issued 26/09/2018) 91,222,451 shares (Issued 26/09/2018) 3,467,070 shares (Issued 26/09/2018)* 1,724,904 shares (Issued 29/11/2018)* * approved by shareholders on 29/11/2017 ------------------------------------------------------ Nil * 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 Nil paid (+) ordinary securities cancelled during that 12 month period ------------------------------------------------------ "A" 2,386,432,443 ------------------------------------------------------ Step 2: Calculate 15% of "A" "B" 0.15 [Note: this value cannot be changed] ------------------------------------------- Multiply "A" by 0.15 357,964,866 ------------------------------------------- Step 3: Calculate "C", the amount of placement capacity under rule 7.1 that has already been used Insert number of (+) equity 29,120,559 shares (Issued securities issued or agreed 14/12/2018) 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" Nil ------------------------------------------- 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 2 357,964,866 ------------------------------------------- Subtract "C" Note: number must be same as shown in Step 3 29,120,559 ------------------------------------------- Total ["A" x 0.15] - "C" 328,844,307 [Note: this is the remaining placement capacity under rule 7.1] ------------------------------------------- Part 2Rule 7.1A - Additional placement capacity for eligible entities Step 1: Calculate "A", the base figure from which the placement capacity is calculated "A" Note: number must be same as shown in Step 1 of Part 1 2,386,432,443 ------------------------------------------ Step 2: Calculate 10% of "A" "D" 0.10 Note: this value cannot be changed ------------------------------------------ Multiply "A" by 0.10 238,643,244 ------------------------------------------ Step 3: Calculate "E", the amount of placement capacity under rule 7.1A that has already been used Insert number of equity securities Nil 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" Nil ------------------------------------------ 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 2 238,643,244 ------------------------------------------ Subtract "E" Nil Note: number must be same as shown in Step 3 ------------------------------------------ Total ["A" x 0.10] - "E" 238,643,244 Note: this is the remaining placement capacity under rule 7.1A ------------------------------------------ This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.ENDMSCGGGUUPUPRUPC(END) Dow Jones NewswiresDecember 14, 2018 02:00 ET (07:00 GMT) | 
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