The securities of Dropsuite Limited (“Company”) were suspended from Official Quotation on 15 August 2016.
The securities of the Company will be reinstated to Official Quotation from the commencement of trading on Thursday, 29 December 2016 following the Company’s re-compliance with Chapters 1 and 2 of the ASX Listing Rules pursuant to Listing Rule 11.1.3.
Quoted securities: |
85,525,865 fully paid ordinary shares. |
ASX code: |
DSE |
Time: |
10:02:15 am +/- 15 secs (07:02:15 am +/- 15 secs AWST). |
Date: |
Thursday, 29 December 2016. |
ASX Trade abbreviation: |
DROPSUITE |
ISIN: |
AU000000DSE1 |
Home branch: |
Perth |
Industry classification: |
TBC |
Registered office: |
10 Canning Highway |
Principal place of business: |
Suite 2, 16 Ord Street Tel: +61 8 9429 2900 |
Company secretary: |
Messrs Roland Berzins and Mark Smith |
Share registry: |
Advanced Share Registry Limited Tel: +61 8 9389 8033 Email: admin@advancedshare.com.au |
Balance date: |
30 June. |
CHESS: |
Participating. The Company will also operate an issuer sponsored sub-register. |
Place of incorporation: |
South Australia, Australia. |
Dividend policy: |
See section 2.20 on page 32 of the Company’s prospectus dated 2 September 2016. |
Activities: |
The Company’s business is providing online cloud-based backup software that enables small and medium sized enterprises worldwide to backup, recover and protect their digital assets. |
Restricted securities: |
253,191,747 fully paid ordinary shares, classified by ASX as restricted securities to be held in escrow until 29 December 2018, being a period of 24 months from the date of reinstatement to official quotation. 32,517,317 fully paid ordinary shares, classified by ASX as restricted securities to be held in escrow until 20 December 2017, being a period of 12 months from the date of their issue. 14,787,742 fully paid ordinary shares, classified by ASX as restricted securities to be held in escrow as follows, being a period of 12 months from the date of their issue. · 644,184 fully paid ordinary shares until 29 March 2017. · 5,007,717 fully paid ordinary shares until 1 April 2017. · 126,784 fully paid ordinary shares until 12 April 2017. · 2,783,600 fully paid ordinary shares until 19 April 2017. · 1,000,000 fully paid ordinary shares until 29 April 2017. · 250,000 fully paid ordinary shares until 4 May 2017. · 1,175,457 fully paid ordinary shares until 6 May 2017. · 500,000 fully paid ordinary shares until 16 May 2017. · 650,000 fully paid ordinary shares until 22 June 2017. · 250,000 fully paid ordinary shares until 27 June 2017. · 450,000 fully paid ordinary shares until 7 July 2017. · 200,000 fully paid ordinary shares until 22 July 2017. · 150,000 fully paid ordinary shares until 25 July 2017. · 250,000 fully paid ordinary shares until 26 July 2017. · 100,000 fully paid ordinary shares until 27 July 2017. · 1,250,000 fully paid ordinary shares until 2 August 2017. 20,000,000 options exercisable at $0.11 each on or before 31 December 2018, classified by ASX as restricted securities to be held in escrow until 29 December 2018, being a period of 24 months from the date of reinstatement to official quotation.
1,500,000 Class A performance shares, classified by ASX as restricted securities to be held in escrow until 29 December 2018, being a period of 24 months from the date of reinstatement to official quotation.
1,500,000 Class B performance shares, classified by ASX as restricted securities to be held in escrow until 29 December 2018, being a period of 24 months from the date of reinstatement to official quotation.
1,500,000 Class C performance shares, classified by ASX as restricted securities to be held in escrow until 29 December 2018, being a period of 24 months from the date of reinstatement to official quotation.
9,600,000 Class D performance shares, classified by ASX as restricted securities to be held in escrow until 29 December 2018, being a period of 24 months from the date of reinstatement to official quotation.
3,833,334 Class D performance shares, classified by ASX as restricted securities to be held in escrow until 20 December 2017, being a period of 12 months from the date of their issue.
9,600,000 Class E performance shares, classified by ASX as restricted securities to be held in escrow until 29 December 2018, being a period of 24 months from the date of reinstatement to official quotation.
3,833,334 Class E performance shares, classified by ASX as restricted securities to be held in escrow until 20 December 2017, being a period of 12 months from the date of their issue.
9,600,000 Class F performance shares, classified by ASX as restricted securities to be held in escrow until 29 December 2018, being a period of 24 months from the date of reinstatement to official quotation.
3,833,334 Class F performance shares, classified by ASX as restricted securities to be held in escrow until 20 December 2017, being a period of 12 months from the date of their issue. |
Unrestricted unquoted securities: |
2,334,167 options exercisable at $0.12 each on or before 30 April 2017. |
Securities not quoted: |
See above. |
Securities not quoted: |
See above. |
For further details, please refer to the Company’s prospectus dated 2 September 2016 and supplementary prospectuses dated 30 September 2016 and 15 November 2016, or contact the Company on +61 8 9429 2900 or rberzins@gcpcapital.com.au.
Ben Secrett, Senior Adviser, ASX Listings Compliance (Perth)
Ben Secrett
+61 8 9224 0000
info@asx.com.au