Proposed issue of securities
Announcement Summary
For personal use only
Entity name
QUICKFEE LIMITED
Announcement Type
New announcement
Date of this announcement
20/1/2022
The Proposed issue is:
A placement or other type of issue
Total number of +securities proposed to be issued for a placement or other type of issue
Maximum Number of | ||
ASX +security code | +Security description | +securities to be issued |
New class-code to be | OPTION EXPIRING 02-DEC-2025 EX 84C | 250,000 |
confirmed | ||
New class-code to be | OPTION EXPIRING 02-DEC-2025 EX 98C | 250,000 |
confirmed |
Proposed +issue date
21/1/2022
Refer to next page for full details of the announcement
Proposed issue of securities | 1 / 7 |
Proposed issue of securities
Part 1 - Entity and announcement details
For personal use only
1.1 Name of +Entity
QUICKFEE LIMITED
We (the entity named above) give ASX the following information about a proposed issue of +securities and, if ASX agrees to +quote any of the +securities (including any rights) on a +deferred settlement basis, we agree to the matters set out in Appendix 3B of the ASX Listing Rules.
If the +securities are being offered under a +disclosure document or +PDS and are intended to be quoted on ASX, we also apply for quotation of all of the +securities that may be issued under the +disclosure document or +PDS on the terms set out in Appendix 2A of the ASX Listing Rules (on the understanding that once the final number of +securities issued under the +disclosure document or +PDS is known, in accordance with Listing Rule 3.10.3C, we will complete and lodge with ASX an Appendix 2A online form notifying ASX of their issue and applying for their quotation).
1.2 | Registered Number Type | Registration Number |
ABN | 93624448693 | |
1.3 | ASX issuer code | |
QFE |
- The announcement is New announcement
- Date of this announcement
20/1/2022
1.6 The Proposed issue is:
A placement or other type of issue
Proposed issue of securities | 2 / 7 |
Proposed issue of securities
Part 7 - Details of proposed placement or other issue
only | ||||||
Part 7A - Conditions | ||||||
7A.1 Do any external approvals need to be obtained or other conditions satisfied before the placement or other | ||||||
type of issue can proceed on an unconditional basis? | ||||||
use | No | |||||
Part 7B - Issue details | ||||||
Is the proposed security a 'New | Will the proposed issue of this | |||||
class' (+securities in a class that is | +security include an offer of | |||||
not yet quoted or recorded by ASX) | attaching +securities? | |||||
personal | or an 'Existing class' (additional | No | ||||
securities in a class that is already | ||||||
quoted or recorded by ASX)? | ||||||
New class | ||||||
Details of +securities proposed to be issued | ||||||
ISIN Code (if Issuer is a foreign company and +securities are non CDIs) | ||||||
Have you received confirmation from | Will the entity be seeking quotation | |||||
ASX that the terms of the proposed | of the 'new' class of +securities on | |||||
+securities are appropriate and | ASX? | |||||
equitable under listing rule 6.1? | No | |||||
No | ||||||
ASX +security code | +Security description | |||||
New class-code to be confirmed | OPTION EXPIRING 02-DEC-2025 EX 84C | |||||
For | ||||||
+Security type | ||||||
Options | ||||||
Number of +securities proposed to be issued 250,000
Offer price details
Are the +securities proposed to be issued being issued for a cash consideration?
No
Proposed issue of securities | 3 / 7 |
Proposed issue of securities
Please describe the consideration being provided for the +securities
Neu Capital Australia Pty Ltd was engaged to provide corporate advisory services to QuickFee Limited during the period of 1 July 2020 to 30 November 2020. A component of their agreed fee for these services was to be in the form of a grant of options over shares in the company. These options are subject to performance milestone vesting conditions.
only | Please provide an estimate of the AUD equivalent of the consideration being | ||||
provided for the +securities | |||||
25,000.000000 | |||||
Will all the +securities issued in this class rank equally in all respects from | |||||
their issue date? | |||||
use | Yes | ||||
Options details | |||||
+Security currency | Exercise price | Expiry date | |||
AUD - Australian Dollar | AUD 0.8400 | 2/12/2025 | |||
Details of the type of +security that will be issued if the option is exercised | |||||
personal | QFE : ORDINARY FULLY PAID | ||||
Number of securities that will be issued if the option is exercised | |||||
One fully paid ordinary share (ASX:QFE) | |||||
Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities | |||||
proposed to be issued or provide the information by separate announcement. | |||||
https://wcsecure.weblink.com.au/pdf/QFE/02453866.pdf | |||||
Is the proposed security a 'New | Will the proposed issue of this | ||||
class' (+securities in a class that is | +security include an offer of | ||||
not yet quoted or recorded by ASX) | attaching +securities? | ||||
or an 'Existing class' (additional | No | ||||
securities in a class that is already | |||||
quoted or recorded by ASX)? | |||||
For | New class | ||||
Details of +securities proposed to be issued | |||||
ISIN Code (if Issuer is a foreign company and +securities are non CDIs) | |||||
Have you received confirmation from | Will the entity be seeking quotation | ||||
ASX that the terms of the proposed | of the 'new' class of +securities on | ||||
+securities are appropriate and | ASX? | ||||
equitable under listing rule 6.1? | No | ||||
No | |||||
Proposed issue of securities | 4 / 7 |
Proposed issue of securities
ASX +security code | +Security description | |||
New class-code to be confirmed | OPTION EXPIRING 02-DEC-2025 EX 98C | |||
+Security type | ||||
only | Options | |||
Number of +securities proposed to be issued | ||||
250,000 | ||||
Offer price details | ||||
Are the +securities proposed to be issued being issued for a cash consideration? | ||||
use | No | |||
Please describe the consideration being provided for the +securities | ||||
Neu Capital Australia Pty Ltd was engaged to provide corporate advisory services to QuickFee Limited during the period | ||||
of 1 July 2020 to 30 November 2020. A component of their agreed fee for these services was to be in the form of a grant | ||||
of options over shares in the company. These options are subject to performance milestone vesting conditions. | ||||
Please provide an estimate of the AUD equivalent of the consideration being | ||||
provided for the +securities | ||||
personal | 25,000.000000 | |||
Will all the +securities issued in this class rank equally in all respects from | ||||
their issue date? | ||||
Yes | ||||
Options details | ||||
+Security currency | Exercise price | Expiry date | ||
AUD - Australian Dollar | AUD 0.9800 | 2/12/2025 | ||
Details of the type of +security that will be issued if the option is exercised | ||||
QFE : ORDINARY FULLY PAID | ||||
For | Number of securities that will be issued if the option is exercised | |||
One fully paid ordinary share (ASX:QFE) | ||||
Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities proposed to be issued or provide the information by separate announcement.
https://wcsecure.weblink.com.au/pdf/QFE/02453866.pdf
Proposed issue of securities | 5 / 7 |
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QuickFee Ltd. published this content on 20 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 January 2022 06:05:10 UTC.