We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Oilex Ld | LSE:OEX | London | Ordinary Share | AU000000OEX8 | 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% | 0.165 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMOEX
RNS Number : 6983P
Oilex Ltd
04 September 2017
ASX Announcement
4 September 2017
ASX: OEX
AIM: OEX
Issue of Shares
Oilex advises that it has issued 13,809,266 ordinary shares following exercise of 11,722,222 broker options at 0.225 pence expiring 22 May 2020 together with the issue of 2,087,044 shares as consideration for consulting services.
Oilex gives notice under section 708A(5)(e) of the Corporations Act 2001 (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 708A(8) of the Act.
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 7 September 2017.
For and on behalf of Oilex Ltd
Mark Bolton
Chief Financial Officer & Company Secretary
For further information, please contact:
Investor AIM Broker AIM Nominated Media Enquires Media Enquiries Enquiries Cornhill Adviser (UK) (Aus) Oilex Capital Strand Hanson Vigo Communications Citadel-MAGNUS Ltd Limited Limited Public Relations Michael Joe Salomon Broker Nominated Patrick Weir Managing Daniel Gee Adviser d'Ancona/Chris Email: Director Email: Rory Murphy/Ritchie McMahon mweir@citadelmagnus.c Email: danielg@cornhillcapital. Balmer Email: om oilex@oilex.com.au com Email: patrick.dancona@vigo Tel: +618 Tel: +61 Tel: +44 oilex@strandhanson.co comms.com 6160 4900 8 9485 20 3700 .uk chris.mcmahon@vigoco Australia 3200 2500 Tel: +44 mms.com Australia UK 20 7409 Tel: +44 20 3494 7830 9700 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 Fully Paid Ordinary issued or to be issued Shares 2 Number of +securities (a) 11,722,222 exercise issued or to be issued of options (if known) or maximum (b) 2,087,044 consideration number which may be for consulting services issued 3 Principal terms of Fully Paid Ordinary the +securities (eg, Shares 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 Yes rank 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 (a) GBP0.00225 ($0.004) per share (b) $0.004 per share ------------------------------ 6 Purpose of the issue (If issued as consideration (a) Exercise of 11,722,222 for the acquisition options expiring 22 May of assets, clearly 2020 identify those assets) (b) 2,087,044 consideration for consulting services ------------------------------ 6a Is the entity an (+) eligible entity Yes 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 ------------------------------ 6b The date the security holder resolution 23 November 2016 under rule 7.1A was passed ------------------------------ 6c Number of (+) securities issued without security Not applicable holder approval under rule 7.1 ------------------------------ 6d Number of (+) securities issued with security Not applicable holder approval under rule 7.1A ------------------------------ 6e Number of +securities Not applicable issued 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 Not applicable issued 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 -------------------------------------- 6i Calculate the entity's Listing Rule 7.1: 215,309,311 remaining issue capacity Listing Rule 7.1A: 36,681,388 under rule 7.1 and rule 7.1A - complete Annexure 1 and release to ASX Market Announcements ------------------------------------------------------------- 7 (+) Issue dates 4 September 2017 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 Number (+) Class all +securities quoted on ASX (including the (+) securities in section 2 if applicable) -------------------------------- --------------------------- 1,698,112,165 Fully Paid Ordinary Shares
-------------------------------- --------------------------- 9 Number and +class of Number +Class all +securities not quoted on ASX (including the securities in section 2 if applicable) -------------------------------- --------------------------- 2,000,000 $0.25 Options 5,000,000 due 11/11/2017 275,000 $0.10 Options 190,535,385 due 22/12/2017 77,166,666 $0.35 Options due 05/08/2018 GBP0.0035 Options due 22/11/2017 GBP0.00225 Options due 22/05/2020 -------------------------------- --------------------------- 10 Dividend policy (in the case of a trust, Not applicable distribution policy) on the increased capital (interests) -------------------------------------------------------------
Part 2 -- Pro rata issue
11 Is security holder Not applicable 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 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 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 Not applicable 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 Number (+) Class 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 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 Bolton
Company Secretary
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 1,180,426,999 -------------------------------------------------------------- --------------------------------- Add the following: * Number of fully paid (+) ordinary securities issued 12,987,013 (issued 23/11/2016) in that 12 month period under an exception in rule 2,000,000 (issued 17/03/2017) 7.2 11,722,222 (issued 04/09/2017) -------------------------------------------------------------- --------------------------------- Approval as at 3 May 2017 * Number of fully paid (+) ordinary securities issued General Meeting in that 12 month period with shareholder approval 162,738,273 (issued 24/03/2017) 190,353,385 (issued 10/05/2017) -------------------------------------------------------------- --------------------------------- * 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 Nil of fully paid (+) ordinary securities cancelled during that 12 month period -------------------------------------------------------------- --------------------------------- "A" 1,560,227,892 -------------------------------------------------------------- --------------------------------- Step 2: Calculate 15% of "A" --------------------------------------------------------------------------------------------- "B" 0.15 [Note: this value cannot be changed] ------------------------------------------------------------- ------------------------------ Multiply "A" by 0.15 234,034,183 ------------------------------------------------------------- ------------------------------ Step 3: Calculate "C", the amount of placement capacity under rule 7.1 that has already been used --------------------------------------------------------------------------------------------- Insert number of (+) equity securities 16,273,828 shares (issued issued or agreed 31/03/2017) to be issued in that 182,000 shares (issued 12 month period not 10/05/2017) counting those issued: 182,000 options (issued * Under an exception in rule 7.2 22/05/2017) 2,087,044 shares (issued 04/09/2017) * 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" 18,724,872 ------------------------------------------------------------- ------------------------------ 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 2 234,034,183 ------------------------------------------------------------- ------------------------------ Subtract "C" Note: number must be same as shown in Step 3 18,724,872 ------------------------------------------------------------- ------------------------------ Total ["A" x 0.15] 215,309,311 - "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" Note: number must be same as shown in Step 1 of Part 1 1,560,227,892 -------------------------------------------------------------- ---------------------------------- Step 2: Calculate 10% of "A" -------------------------------------------------------------------------------------------------- "D" 0.10 Note: this value cannot be changed -------------------------------------------------------------- ---------------------------------- Multiply "A" by 0.10 156,022,789 -------------------------------------------------------------- ---------------------------------- 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 108,492,183 (issued 24/03/2017) agreed to be issued 10,849,218 (issued 31/03/2017) 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" 119,341,401 -------------------------------------------------------------- ---------------------------------- 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 2 156,022,789 -------------------------------------------------------------- ---------------------------------- Subtract "E" Note: number must be same as shown in Step 3 119,341,401 -------------------------------------------------------------- ---------------------------------- Total ["A" x 0.10] 36,681,388 - "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
MSCEAXNLEESXEEF
(END) Dow Jones Newswires
September 04, 2017 03:07 ET (07:07 GMT)
1 Year Oilex Ld Chart |
1 Month Oilex Ld Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions