The securities of Weebit Nano Limited (the “Company”) were suspended from Official Quotation on 18 May 2016. The securities of the Company will be reinstated to Official Quotation from the commencement of trading on Wednesday, 3 August 2016, following the Company’s compliance with listing rule 11.1.3 and chapters 1 and 2 of the ASX Listing Rules.
Quoted securities: |
517,632,904 fully paid ordinary shares |
ASX code: |
WBT |
Time: |
10:00 AM (AEST) |
Date: |
Wednesday, 3 August 2016 |
ASX Trade abbreviation: |
WEEBITNANO |
ISIN: |
AU000000WBT5 |
Home branch: |
Perth |
Industry classification: |
To be advised |
Registered office: |
Suite 8 55 Hampden Road Nedlands WA 6009 Tel: +61 8 9389 9919 |
Company secretary: |
Mr Damon Sweeny |
Share registry: |
Security Transfer Registrars Pty Ltd 770 Canning Highway Applecross WA 6153 Tel: +61 8 9315 2333 Fax: +61 8 9315 2233 |
Balance date: |
30 June |
CHESS: |
Participating. The Company will also operate an issuer sponsored sub-register. |
Place of incorporation: |
Western Australia |
Dividend policy: |
See section 7.7 on page 37 of the Company’s prospectus dated 3 May 2016 (“Prospectus”). |
Activities: |
The Company is a data memory technology business seeking to develop and commercialise its ReRAM silicon oxide technology. |
Restricted securities: |
576,355,785 fully paid ordinary shares, classified by ASX as restricted securities and to be held in escrow for a period of 24 months from the date of reinstatement. 74,087,526 fully paid ordinary shares, classified by ASX as restricted securities to be held in escrow for a period of 12 months from the date of issue. 50,000,000 unquoted options each exercisable at a 25% premium to the price of $0.05 and expiring on the date that is 3 years from the date of issue will be escrowed for a period of 24 months from the date of reinstatement. 17,304,545 unquoted performance rights as set out at section 14.6 of the Prospectus will be escrowed for a period of 24 months from the date of reinstatement. |
Securities not quoted: |
5,000,000 unquoted options exercisable at $0.05 each, expiring on 16 September 2018. 8,000,000 unquoted options exercisable at $0.05 each, expiring on 31 October 2017. 10,500,000 unquoted options exercisable at $0.01 each, expiring on 30 June 2017. |
For further details, please refer to the Company’s prospectus dated 3 May 2016.
Sandra Wutete, Senior Adviser, Listings Compliance (Perth)
Sandra Wutete
+61 (08) 9224 0000
info@asx.com.au