Vortiv: Notification relating to unlisted securities – VOR


Notification of issue, conversion or release of unlisted equity securities

Summary of the announcement

alone

Name of entity

VORTIV LIMITED

Date of this announcement

Tuesday 01 February 2022

The +titles covered by this notification are:

Other

use

Total number of shares to be issued/transferred

ASX + security

coded

Security description

New class – code

Subscriber options

be confirmed

personalfor

See next page for full listing details

Total number of +titles to

issued/transferred Issue date

10,000,000 03/01/2022

Notification of issue, conversion or payment of unlisted

1 / 7

Notification of issue, conversion or release of unlisted equity securities

Part 1 – Entity and listing details

1.1 Entity name

VORTIV LIMITED

We (the entity named above) give notice of the issue, conversion or payment of the following unlisted + securities.

1.2

Registered number type

Registration number

ACN

057335672

1.3

ASX issuer code

VOR

  1. The ad is New announcement
  2. Date of this announcement

01/02/2022

Notification of issue, conversion or payment of unlisted

2 / 7

Notification of issue, conversion or release of unlisted equity securities

Part 2 – Problem Details

2.1 The +titles subject to this notification are: Other

Please specify

Per ASX Schedule 3B filed December 20, 2021 at 11:09 a.m.

2.2a This notice is given in relation to an issue of securities of a +class which is not listed on the ASX and which:

does not have an existing ASX security code (“new class”)

Notification of issue, conversion or payment of unlisted

3 / 7

Notification of issue, conversion or release of unlisted equity securities

Part 3C – number and type of securities subject to this notification (new class) whose issue has not previously been notified to the ASX in an annex 3B

alone

New +titles

ASX + security code

+Description of security

New class – code to be confirmed

Subscriber options

+ Type of security

ISIN code

Choice

use

Date of issue of the securities subject to this notification

03/01/2022

Will all +securities issued in this class rank pari passu in all respects from their date of issue?

staff

Yes

Please provide a URL link to a document filed with the ASX setting out the material terms of the securities

Published.

https://www.asx.com.au/asxpdf/20211217/pdf/45497cwyg23w5w.pdf

Refer to Appendix 3.

Option details

+Security Currency

Exercise price

Expiration date

AUD – Australian Dollar

$0.04500000

17/1/2025

Details of the existing class of securities + that will be issued upon exercise or conversion of this new class of securities

business opportunity

For

Other

The description

One fully paid common share for each option exercised.

Any other information that the entity wishes to provide on the +securities subject to this notification

Please note that these options are issued from the Company’s existing LR 7.1 placement capacity.

The issue will then be ratified by the shareholders – subject to the approval of resolution 5 at the EGM of February 2, 2022.

Notification of issue, conversion or payment of unlisted

4 / 7

Notification of issue, conversion or release of unlisted equity securities

Please provide any other information necessary to understand the circumstances under which you are notifying the issuance of these +securities to ASX, including why the issuance of the +securities has not previously been announced to the market in an appendix 3B

All 10,000,000 stock options will be issued to Lazarus Corporate Finance Pty Ltd.

Options must be unlisted.

alone

Problem details

Number of +titles

10,000,000

use

Were the +securities issued for consideration in cash?

No

Please describe the consideration offered for the +titles

Underwriting Services Provided in Connection with the Rights Offering.

Object of the problem

To pay for services rendered

personalFor

Additional Details

Options issued in accordance with the mandate of the lead manager (see appendix 4 of the NOM of December 17, 2021).

Notification of issue, conversion or payment of unlisted

5 / 7

This is an excerpt from the original content. To continue reading it, access the original document here.

Warning

Vortiv Limited published this content on February 01, 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unmodified, on February 01, 2022 07:11:06 UTC.

Public now 2022

All VORTIV LIMITED news
Sales 2021 0.08
0.06
0.06
Net income 2021 10.4 million
7.35M
7.35M
Net cash 2021 22.7 million
16.0 million
16.0 million
PER 2021 ratio 1.63x
2021 performance
Capitalization 11.3 million
7.97 million
7.99 million
EV / Sales 2020
EV / Sales 2021 -55,512,175x
# of employees
Floating

Duration :

Period :

Vortiv Limited Technical Analysis Chart |  MarketScreener

VORTIV LIMITED Technical Analysis Trends

Short term Middle term Long term
Tendencies Bearish Bearish Bearish

Evolution of the income statement

Previous Axial Fans Market Revenue and Value Chain 2021 2028 - Bristol City Supporters Trust
Next How to rent an apartment with a low credit score