HearMeOut Limited (“Company”) was admitted to the Official List of ASX Limited (“ASX”) on Monday, 5 December 2016.
Official quotation of the Company’s securities will commence at 1:45 PM AEDT on Tuesday, 6 December 2016.
The Company raised $6.5 million pursuant to the offer under the prospectus dated 18 October 2016 (“Prospectus”) by the issue of 32,500,000 fully paid ordinary shares (“Shares”) at an issue price of $0.20 per Share.
Quoted securities: |
36,325,000 fully paid ordinary shares |
ASX code: |
HMO |
Time: |
1:45 PM AEDT (10:45 AM WST) |
Date: |
Tuesday, 6 December 2016 |
ASX Trade abbreviation: |
HearMeOut |
ISIN: |
AU000000HMO4 |
Home branch: |
Perth |
Industry classification: |
TBA |
Registered office: |
Level 2, 50 Kings Park Road WEST PERTH, WA 6005 Tel: +61 8 9423 3200 |
Company secretary: |
Mr Peter Webse |
Share registry: |
Automic Registry Services Suite 310, Level 3, 50 Holt Street, Surry Hills NSW 2010 Perth WA 6000 Ph: +61 2 9698 5414 |
Balance date: |
30 June |
CHESS: |
Participating. The Company will also operate an issuer sponsored sub-register. |
Place of incorporation: |
Western Australia |
Dividend policy: |
See page 22 of the prospectus dated 18 October 2016 for further details. |
Activities: |
The development and commercialisation of the HearMeOut social networking application |
Restricted securities: |
17,946,303 fully paid ordinary shares will be escrowed for a period of 24 months from the date of official quotation. 1,019,725 options exercisable at $0.20 each, expiring on a date five years from 29 November 2016, will be escrowed for a period of 24 months from the date of official quotation. 2,500,000 options exercisable at $0.30 each, expiring on a date three years from 29 November 2016, will be escrowed for a period of 24 months from the date of official quotation. 13,000,000 Class A Performance Options as set out at section 14.4 of the Prospectus will be escrowed for a period of 24 months from the date of official quotation. 13,000,000 Class B Performance Options as set out at section 14.4 of the Prospectus will be escrowed for a period of 24 months from the date of official quotation. 13,000,000 Class C Performance Options as set out at section 14.4 of the Prospectus will be escrowed for a period of 24 months from the date of official quotation. 4,248,000 Class D Performance Options as set out at section 14.4 of the Prospectus will be escrowed for a period of 24 months from the date of official quotation. 980,285 options exercisable at $0.20 each, expiring on a date five years from 29 November 2016, will be escrowed until 29 November 2017. 10,462,853 fully paid ordinary shares will be escrowed until 29 November 2017. 1,025,834 fully paid ordinary shares will be escrowed until 4 August 2017. |
Securities not quoted: |
N/A |
For further details, please refer to the Company’s prospectus.
Jeremy Newman, Senior Adviser, Listings Compliance (Perth)
Jeremy Newman
+61 (08) 9224 0000
info@asx.com.au