Notice

BidEnergy Limited (formerly Cove Resources Limited) – Reinstatement to Official Quotation

What's this about:
  • ASX Market
  • Equities
  • Cash
  • Trading
  • Compliance
  • Other
  • Reinstatement to Official Quotation
Notice reference number: 0828.16.07
Date published: 15/07/16
Effective as of: 20/07/16
Last updated: 20/03/26

Quoted securities:

190,513,630 fully paid ordinary shares

28,430,006 quoted options exercisable at $0.10 expiring on 30 June 2019

ASX code: 

BID

BIDO

Time: 

10:00 AM (AEST)

Date:

Wednesday 20 July 2016

ASX Trade abbreviation: 

BIDENERGY

ISIN:

AU000000BID8

AU00000BIDO4

Home branch: 

Perth

Industry classification: 

To be advised

Registered office: 

Suite 25, 145 Stirling Highway       

Nedlands WA 6009

Company secretary: 

Erlyn Dale

Share registry:

Computershare Investor Services Pty Limited

Level 11 172 St Georges Terrace

Perth WA

Ph: +61 8 9323 2000

Fax: +61 8 9323 2033

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 25 of the prospectus dated 29 April 2016 for further details.

Activities:

Provision of cloud-based source to pay platform for energy.

Restricted securities: 

101,315,069 fully paid ordinary shares, classified by ASX as restricted securities and to be held in escrow for a period of 24 months from reinstatement to official quotation.

 

10,798,670 unquoted options exercisable at $0.10 each on or before 30 September 2017 classified by ASX as restricted securities and to be held in escrow for a period of 24 months from reinstatement to official quotation.

 

9,243,759 unquoted options exercisable at $0.125 each on or before 31 December 2018 classified by ASX as restricted securities and to be held in escrow for a period of 24 months from reinstatement to official quotation.

 

25,000,000 unquoted options exercisable at $0.15 each on or before 30 June 2019 classified by ASX as restricted securities and to be held in escrow for a period of 24 months from reinstatement to official quotation.

 

18,041,598 Class A performance shares classified by ASX as restricted securities and to be held in escrow for a period of 24 months from reinstatement to official quotation.

 

18,041,598 Class B performance shares classified by ASX as restricted securities and to be held in escrow for a period of 24 months from reinstatement to official quotation.

 

395,415 performance rights classified by ASX as restricted securities and to be held in escrow for a period of 24 months from reinstatement to official quotation.

 

29,327,652 fully paid ordinary shares, classified by ASX as restricted securities and to be held in escrow for a period of 12 months from their date of issue, being until 30 June 2018.

 

16,958,402 Class A performance shares classified by ASX as restricted securities and to be held in escrow for a period of 12 months from their date of issue, being until 30 June 2018.

 

16,958,402 Class B performance shares classified by ASX as restricted securities and to be held in escrow for a period of 12 months f from their date of issue, being until 30 June 2018.

 

23,541,921 unquoted options exercisable at $0.15 each on or before 1 July 2019 classified by ASX as restricted securities and to be held in escrow for a period of 12 months from their date of issue, being until 30 June 2018.

Securities not quoted:

10,665,307 performance rights.

What do I need to do by when?

For further details, please refer to the Company’s prospectus dated 29 April 2016.

Need more information?

Issued by

Mauro Piccini, Senior Adviser, Listings Compliance (Perth)

Contact information

Mauro Piccini
+61 (08) 9224 0000
info@asx.com.au

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