Replacement Prospectus
Released
Released
Announcement PDF
AMPLIA THERAPEUTICS LIMITED
ACN 165 160 841
REPLACEMENT PROSPECTUS
This Prospectus is being issued for:
•
an accelerated, non-renounceable pro rata entitlement offer of 1 Share for every 6.45 Shares held
by Eligible Shareholders, and 3 free attaching Entitlement Options for every 4 New Shares issued
under the Entitlement Offer, at an offer price of $0.115 (11.5 cents) per New Share, to raise up to
approximately $4.9 million (Entitlement Offer);
•
an offer of up to approximately 52,911,826 free attaching Placement Options for nil consideration,
on the basis of 3 Placement Options for every 4 New Shares issued to investors under the
Placement and Director Placement (Placement Option Offer); and
•
an offer of up to 5,433,750 Retail Sub-Underwriter Options for nil consideration on the basis of
1.75 Retail Sub-Underwriter Options for every $1.00 worth of Retail Sub-Underwriting
Commitment (Retail Sub-Underwriter Option Offer).
This is a replacement prospectus dated 1 November 2024. It replaces
the prospectus dated 30 October 2024 issued by Amplia Therapeutics Limited.
The last date for acceptance and payment under the Retail Entitlement Offer will be 5.00pm (Sydney
time) on Friday, 22 November 2024 (unless extended).
The Placement Option Offer and Retail Sub-Underwriter Option Offer are conditional upon the
Company obtaining Shareholder approval at the Company’s Extraordinary General Meeting expected
to be held on or around Monday, 9 December 2024. The Placement Option Offer is only open to
Placement Subscribers and the Retail Sub-Underwriter Option Offer is only open to Retail SubUnderwriters.
The Entitlement Offer and the Placement are being lead managed, but not underwritten, by Bell Potter
Securities Limited and Taylor Collison Limited.
IMPORTANT INFORMATION
This Prospectus is important and should be read in its entirety. If after reading this Prospectus you
have any questions about the securities being offered under this Prospectus or any other matter, then
you should consult your stockbroker, accountant or other professional adviser.
The securities offered under this Prospectus should be considered as speculative.
THE DOCUMENT IS IMPORTANT AND SHOULD BE READ IN ITS ENTIRETY
Not for release to US wire services or distribution in the United States
except by the Company to accredited investors
amtl0001_2400034_047.docx
IMPORTANT NOTICES
Prospectus
This Prospectus relates to:
•
an offer of new fully paid ordinary shares (New Shares) and attaching Entitlement Options in Amplia Therapeutics Limited
ACN 165 160 841 (ASX: ATX) (Amplia or Company) under the Entitlement Offer;
•
the Placement Option Offer, being a conditional offer of Placement Options to participants in the Placement and Director
Placement that is being undertaken by the Company;
•
the offer of Shortfall Securities under the Entitlement Offer that are not applied for by Eligible Shareholders under this
Prospectus (Shortfall Offer). See Section 4.6 for further details; and
•
the Retail Sub-Underwriter Option Offer, being a conditional offer of Retail Sub-Underwriter Options to Retail SubUnderwriters.
The Entitlement Offer, Placement Option Offer, Shortfall Offer and Retail Sub-Underwriter Option Offer are referred to as the
Offers or the Capital Raising.
The Retail Entitlement Offer (but not the Institutional Entitlement Offer or Placement) is underwritten by the Lead Managers.
This Prospectus is dated 1 November 2024 (Prospectus Date) and was lodged with the Australian Securities and Investments
Commission (ASIC) on that date. This Prospectus replaces the prospectus lodged by the Company on 30 October 2024 (Original
Prospectus) The expiry date of the Prospectus is 5.00pm (Sydney time) on the date that is 13 months after the date of the
Original Prospectus (Expiry Date). No securities will be issued on the basis of this Prospectus after the Expiry Date.
This Prospectus is a ‘transaction-specific’ prospectus to which the special content rules under section 713 of the Corporations Act
2001 (Corporations Act) apply. This allows the issue of a concise prospectus in relation to an offer of securities, or options to
acquire securities, in a class which has been continuously quoted by the Australian Securities Exchange (ASX) in the three
months prior to the date of the prospectus. This Prospectus does not include all of the information that would be disclosed for an
initial public offering of securities. An application for quotation of the New Shares and Options will be made to ASX within 7 days
after the date of the Original Prospectus.
ASX maintains a database of publicly available information issued by the Company as a disclosing entity. None of ASIC, ASX or
their respective officers, take any responsibility for the contents of this Prospectus or the merits of the securities to which this
Prospectus relates.
Replacement Prospectus
This Replacement Prospectus is being issued as a result of the entry into the Underwriting Agreement in connection with the
Retail Entitlement Offer and the new offer of Retail Sub-Underwriter Options to the Retail Sub-Underwriters. Note 2 to section 719
of the Corporations Act confirms that the power to issue a replacement prospectus is not limited to the situations dealt with in
section 719(1) of the Corporations Act.
The key differences between this Prospectus and the Original Prospectus are as follows:
•
the entry by the Company and the Lead Managers into the Underwriting Agreement in respect of the Retail Entitlement Offer;
•
the Retail Entitlement Offer being fully underwritten by the Lead Managers;
•
the offer of Retail Sub-Underwriter Options to the Retail Sub-Underwriters; and
•
the capping of the number of Additional New Securities that Eligible Retail Shareholders can apply for under the Top-Up
Facility to an amount representing 100% of their Entitlement.
These changes to the Original Prospectus are not considered by the Company to be materially adverse to investors. Accordingly,
no action needs to be taken by investors who have already submitted applications under the Institutional Entitlement Offer or the
Placement (including the Placement Option Offer) and there are no withdrawal rights offered pursuant to the Replacement
Prospectus under section 724 of the Corporations Act.
Entitlement Offer
The Offers contained in this Prospectus include an invitation to Eligible Shareholders to acquire 1 New Share for every 6.45 fully
paid ordinary Amplia shares (Shares) held on the Record Date, plus 3 free attaching Entitlement Options for every 4 New Shares
issued to Eligible Shareholders under this Prospectus, at an offer price of $0.115 per New Share (Offer Price), to raise up to
approximately $4.9 million (before costs) (Entitlement Offer). Each Entitlement Option issued pursuant to this Prospectus will
have an exercise price of $0.1725 and an expiry date of 31 October 2027. The Company will apply for the Entitlement Options to
be quoted on ASX.
The Entitlement Offer is non-renounceable and accordingly there is no rights trading.
Placement Option Offer
The Offers contained in this Prospectus include an invitation to professional and sophisticated investors who participate in the
Placement to acquire 3 free attaching Placement Options for every 4 New Shares issued under the Placement. The Placement
Options are being offered for nil cash consideration and the Placement Option Offer is subject to Shareholder approval. The
Placement is being conducted at the same Offer Price as the Entitlement Offer.
The Placement Options will be issued on the same terms as the Entitlement Options: each Placement Option will have an
exercise price of $0.1725 and an expiry date of 31 October 2027. The Company will apply to have the Placement Options quoted
on ASX.
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Retail Sub-Underwriter Option Offer
The Offers contained in this Prospectus include an invitation to Retail Sub-Underwriters to acquire 1.75 Retail Sub-Underwriter
Options for every $1.00 of Retail Sub-Underwriting Commitment. The Retail Sub-Underwriter Options are being offered for nil
cash consideration and the Retail Sub-Underwriter Option Offer is subject to Shareholder approval.
The Retail Sub-Underwriter Options will be issued on the same terms as the Entitlement Options and Placement Options: each
Retail Sub-Underwriter Option will have an exercise price of $0.1725 and an expiry date of 31 October 2027. The Company will
apply to have the Retail Sub-Underwriter Options quoted on ASX.
Placement Options, Entitlement Options and Retail Sub-Underwriter Options
The Placement Options, Entitlement Options and Retail Sub-Underwriter Options (together, the Options) are being offered under
this Prospectus and will be issued on the same terms. The Company will apply for quotation of the Options on the ASX.
Instrument 2016/80
This Prospectus has been prepared, in part, to ensure that the relief provided under ASIC Corporations (Sale Offers That Do Not
Need Disclosure) Instrument 2016/80 (Instrument 2016/80) is available in respect of the Options. Instrument 2016/80 provides
relief from the on-sale provisions of section 707 of the Corporations Act and will relieve the need for any further disclosure to be
made prior to the on-sale of Shares issued following the exercise of Options, within 12 months of their date of issue. Shares
issued on exercise of the Options will be able to be immediately traded on ASX (subject to the grant of quotation).
Exposure period and cooling off rights
No exposure period applies to this Prospectus by operation of ASIC Corporations (Exposure Period) Instrument 2016/74.
Cooling off rights do not apply to an investment in New Shares or Options. You cannot withdraw your Application once it has been
accepted.
Obtaining a Prospectus and Entitlement and Acceptance Form
Applications for New Shares and Entitlement Options (together, New Securities) offered pursuant to this Prospectus in respect of
the Entitlement Offer can be submitted on an Entitlement and Acceptance Form. Eligible Shareholders will be able to access a
personalised Entitlement and Acceptance Form via Computershare’s Investor Centre at www.investorcentre.com/au. The
Entitlement and Acceptance Form will be accompanied by a copy of the Prospectus, which will also be available from the ASX
website (www.asx.com.au). Paper copies of this Prospectus and an Entitlement and Acceptance Form can be obtained free of
charge during the Offer Period by calling the Company’s share registry, Computershare Investor Services (Share Registry), from
8.30am to 5.00pm, Monday to Friday on 1300 855 080 (within Australia) or +61 3 9415 4000 (outside Australia).
Electronic prospectus
This Prospectus is available electronically and accompanies the Entitlement and Acceptance Form (which will be available via
Computershare’s Investor Centre at www.investorcentre.com/au). Electronic versions of this Prospectus should be downloaded
and read in its entirety. Applications for New Securities under the Entitlement Offer may only be made on the Entitlement and
Acceptance Form by following the instructions in your personalised Entitlement and Acceptance Form.
The Lead Managers will provide an Application Form for Placement Options to each participant in the Institutional Entitlement
Offer and Placement (which will be accompanied by a copy of this Prospectus). Applications may only be made on the Application
Form provided.
Target market determination
In accordance with the design and distribution obligations under the Corporations Act, the Company has determined the target
market for the offer of Options issued under this Prospectus. The Company will only distribute this Prospectus to those investors
who fall within the target market determination as set out on the Company's website at http://www.ampliatx.com/.
Investor warning
The Offers contained in this Prospectus do not take into account the investment objectives, financial position and particular needs
of individual investors. It is important that you read this Prospectus carefully and in full before deciding to apply for New Securities
and Placement Options. In particular, you should consider the risk factors that could affect the financial performance of the
Company in light of your personal circumstances and seek professional advice from your accountant, tax adviser, stockbroker,
lawyer or other professional adviser before deciding to invest.
No representation other than in this Prospectus
No person is authorised to give information or to make any representation in connection with this Prospectus, which is not
contained in the Prospectus. Any information or representation not so contained may not be relied on as having been authorised
by the Company in connection with this Prospectus.
Except as required by law, and only to the extent so required, neither Amplia nor any other person warrants or guarantees the
future performance of the Company or any return on any investment made pursuant to this Prospectus, or on the exercise of the
Options issued under this Prospectus.
Risk factors
Potential investors should be aware that subscribing for the New Securities, Placement Options and Retail Sub-Underwriter
Options and exercising any Options involves a number of risks. The key risk factors which investors should be aware of are set
out in Section 9 of this Prospectus. These risks, together with other general risks applicable to all investments in listed and
unlisted securities, which are not specifically referred to, may affect the value of the New Securities and Placement Options in the
future.
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Eligible Shareholders and Offer jurisdictions
The New Securities to be issued under this Prospectus in respect of the Entitlement Offer will only be offered to Eligible
Shareholders at 7.00pm (Sydney time) on the Record Date. The distribution of this Prospectus in jurisdictions outside Australia
and New Zealand may be restricted by law. Seek advice on and observe any restrictions. This Prospectus is not an offer in any
place where, or to any person to whom, it would not be lawful to make the Offer. In particular, the New Shares and Options and
the underlying ordinary Shares have not been, and will not be, registered under US Securities Act and may not be offered or sold
in the United States except in transactions exempt from, or not subject to, registration under the US Securities Act and applicable
US state securities laws.
You may only apply for New Securities in Australian dollars. You can contact the Share Registry on 1300 855 080 (within
Australia) or +61 3 9415 4000 (outside Australia) from 8.30am to 5.00pm Monday to Friday, if you are an Eligible Retail
Shareholder but are unable to pay for New Securities by BPAY.
Financial information and forward looking statements
Section 8 sets out the financial information referred to in this Prospectus and the basis of preparation of that information. Any
discrepancies between totals and sums of components in tables contained in this Prospectus are due to rounding.
This Prospectus contains forward looking statements which are identified by words such as “may”, “could”, “believes”, “estimates”,
“expects”, “intends” and other similar words that involve risks and uncertainties. Any forward looking statements are subject to
various risk factors that could cause the Company’s actual results to differ materially from the results expressed or anticipated in
these statements. Forward looking statements should be read in conjunction with the risk factors set out in Section 9, and other
information in this Prospectus.
Defined words and expressions
Some words and expressions used in this Prospectus have defined meanings. These words and expressions are defined
throughout the Prospectus or in the Glossary in Section 12.
A reference to $ or cents in this Prospectus is a reference to Australian currency (unless otherwise stated). A reference to time in
this Prospectus is a reference to Sydney, Australia time.
Photographs and diagrams
Any photographs used in this Prospectus without descriptions are only for illustration. Any diagrams used in this Prospectus may
not be drawn to scale.
Privacy
If you apply for New Securities or Placement Options, you will provide personal information to the Company and the Share
Registry. The Company and the Share Registry collect, hold and use your personal information in order to assess your
Application, service your needs as a holder of the Shares and Options, provide facilities and services that you request and carry
out appropriate administration. Company and tax laws require some of the information to be collected. If you do not provide the
information requested, your Application may not be able to be processed efficiently, or at all.
Each of the Company and the Share Registry may disclose your personal information for purposes related to your Share and
Option holding to each other and to their respective agents and services providers including those listed below or as otherwise
authorised under the Privacy Act 1988 (Cth) (Privacy Act):
•
in the case of the Company, to the Share Registry for ongoing administration of the Share and Option registers; and
•
in the case of the Company and the Share Registry, to printers and mailing houses for the purposes of preparation and
distribution of security holder information and for handling of mail.
Under the Privacy Act, you may request access to your personal information held by (or on behalf of) the Company or the Share
Registry. You can request access to your personal information by emailing or writing to the Company through the Share Registry:
Computershare Investor Services Pty Limited
Yarra Falls, 452 Johnston Street Abbotsford, VIC, Australia, 3067
privacy@computershare.com.au
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CONTENTS
Section
Page
Important Notice
1
Contents
4
Key Dates
5
Key Details of the Capital Raising
7
1. Corporate Directory
10
2. Chairman’s Letter
11
3. Overview of the Offers and Use of Funds
13
4. Details of the Entitlement Offer and Shortfall Offer
18
5. Details of the Placement Option Offer
22
6. Applying under the Offers
25
7. Purpose and Effect of the Offers
32
8. Financial Information
35
9. Risk Factors
37
10. Rights and Liabilities Attaching to Securities
41
11. Additional Information
45
12. Glossary
59
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KEY DATES
The key dates in respect of the Offers are as follows.
Event
Date
Trading halt and announcement of Offer
Original Prospectus lodged with ASIC and released to ASX
Wednesday, 30 October 2024
Appendix 3B lodged with ASX
Institutional Opening Date
Placement & Institutional Entitlement Offer opens
Institutional Closing Date
Placement & Institutional Entitlement Offer closes
Wednesday, 30 October 2024
Thursday, 31 October 2024
Announcement of results of Placement and Institutional
Entitlement Offer and trading halt lifted
Lodgement of this Prospectus with ASIC and ASX
Friday, 1 November 2024
Opening of Retail Sub-Underwriter Option Offer
Record date for Entitlement Offer (7.00pm Sydney time)
Friday, 1 November 2024
Settlement of New Shares issued under the Placement and
Institutional Entitlement Offer
Wednesday, 6 November 2024
Retail Opening Date
Prospectus and Entitlement and Acceptance Forms made
available to Eligible Retail Shareholders and Retail Entitlement
Offer opens
Issue of New Shares under the Placement and Institutional
Entitlement Offer and Entitlement Options under the Institutional
Entitlement Offer
Retail Closing Date
Retail Entitlement Offer closes (5.00pm Sydney time)
Announcement of results of Retail Entitlement Offer
Settlement of Retail Entitlement Offer
Closing of Retail Sub-Underwriter Option Offer
Wednesday, 6 November 2024
Thursday, 7 November 2024
Friday, 22 November 2024
Wednesday, 27 November
2024
Thursday, 28 November 2024
Issue of New Shares and Entitlement Options under the Retail
Entitlement Offer
Friday, 29 November 2024
Commencement of trading of New Shares issued under the
Retail Entitlement Offer
Monday, 2 December 2024
Extraordinary General Meeting to approve issue of Placement
Options to Placement Subscribers, Retail Sub-Underwriter
On or around Monday, 9
December 2024
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Event
Date
Options to Retail Sub-Underwriters and Lead Manager Options
to the Lead Managers
Allotment of Placement Options to Placement Subscribers, Retail
Sub-Underwriter Options to Retail Sub-Underwriters and Lead
Manager Options to the Lead Managers, or nominee(s) (subject
to Shareholder approval)
On or around Tuesday, 10
December 2024
Commencement of trading of Options (subject to satisfaction of
quotation conditions)
On or around Thursday, 12
December 2024
Amplia reserves the right to vary these times and dates, by agreement with the Lead Managers. All
times are Sydney times.
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KEY DETAILS OF THE CAPITAL RAISING
Entitlement Offer
Entitlement Offer ratio
1 New Share for every 6.45 Shares held by
Eligible Shareholders on the Record Date (1
November 2024) together with 3 Entitlement
Options for every 4 New Shares issued
Offer Price
$0.115 (11.5 cents) per New Share
Number of New Shares offered under the
Entitlement Offer (including any Shortfall)
Up to 42,604,389
Number of New Shares offered under the
Institutional Entitlement Offer
Approximately 15,892,677
Note: the Institutional Entitlement Offer is not
underwritten
Proceeds of the Institutional Entitlement Offer
Approximately $1,827,658
Number of New Shares offer under the Retail
Entitlement Offer
Approximately 26,711,712
Note: the Retail Entitlement Offer is underwritten
Proceeds of the Retail Entitlement Offer
Approximately $3,071,847
Number of Entitlement Options offered under the
Entitlement Offer
Up to 31,953,292
Proceeds of the Entitlement Offer (before costs)
Up to $4,899,505
Placement & Director Placement
Number of New Shares offered under the
Placement at the Offer Price
Up to 67,723,015
Proceeds of the Placement (before costs)
Up to $7,788,147
Number of Placement Options offered under the
Placement Option Offer (excluding to Directors)
Up to 50,792,261
Number of New Shares offered under the Director
Placement at the Offer Price
2,826,087
Proceeds of the Director Placement (before costs)
$325,000
Number of Placement Options offered under the
Placement Option Offer issued to Directors
2,119,261
Retail Sub-Underwriter Options
Number of Retail Sub-Underwriter Options offered
under the Retail Sub-Underwriter Option Offer
Up to 5,433,750
Lead Manager Options
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Number of Lead Manager Options to be issued to
the Lead Managers (subject to Shareholder
approval)
Up to 5,250,000
Note: the offer and issue of Lead Manager
Options is not being made under this Prospectus
Capital Raising
Proceeds of the Capital Raising (before costs,
assuming full subscription and approval of the
Director Placement)
Up to $13,012,651
Shares on issue as at the Prospectus Date
274,798,312
Shares on issue on completion of the Capital
Raising
387,951,803
Options on issue as at the Prospectus Date
15,701,000
Options issued under Capital Raising (assuming
full subscription)
90,298,868
Lead Manager Options issued to the Lead
Managers (assuming the maximum amount of
Lead Manager Options are issued)
5,250,000
Options on issue on completion of the Capital
Raising (assuming full subscription and
Shareholder approval of the Placement Option
Offer)
111,249,868
Notes:
Assumes full subscription and Shareholder approval of the Director Placement and Retail SubUnderwriter Option Offer.
Final numbers will vary slightly as a result of rounding.
Provision of documents
Eligible Shareholders who have elected to receive documents electronically from the Company will
receive online access to the Prospectus and their personalised Entitlement and Acceptance Form
(which accompanies the Prospectus) by email. Eligible Shareholders who have not elected to receive
electronic communications will be posted a letter detailing how to access their personalised Entitlement
and Acceptance Form (and the accompanying Prospectus) via Computershare’s Investor Centre at
www.investorcentre.com/au or, alternatively, how to request paper copies of this Prospectus and their
personalised Entitlement and Acceptance Form.
Information availability
Eligible Shareholders can obtain a copy of this Prospectus from the Company’s website, the ASX
website (www.asx.com.au) or by phoning the Share Registry on 1300 855 080 (within Australia) or +61
3 9415 4000 (outside Australia) from 8.30am to 5.00pm (Sydney time) Monday to Friday until the Retail
Closing Date. The Prospectus will accompany the Entitlement and Acceptance Form, which is made
available to Eligible Retail Shareholders via Computershare’s Investor Centre.
Contact details are provided in the Corporate Directory. Shareholders who access the electronic version
of this Prospectus should ensure that they download and read the entire Prospectus. The Entitlement
and Acceptance Form attached to the Prospectus must be used within Australia and New Zealand only.
Enquiries
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For further information please contact the Company at info@ampliatx.com or the Company Secretary
on andrew@ampliatx.com. Alternatively, contact your stockbroker, solicitor, accountant or other
professional adviser.
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amtl0001_2400034_047.docx
1
CORPORATE DIRECTORY
Amplia Therapeutics Limited (ASX Code: ATX)
Directors
Registered Office
Dr Warwick Tong (Non-Executive Chair)
Level 17, 350 Queen Street
Melbourne VIC 3000
Dr Christopher Burns (Managing Director, CEO)
Dr Robert Peach (Non-Executive Director)
Mrs Jane Bell (Non-Executive Director)
Email: info@ampliatx.com
Website: www.ampliatx.com
Company Secretary
Lead Managers
Mr Andrew Cooke
andrew@ampliatx.com
Bell Potter Securities Limited
Level 29, 101 Collins Street
Melbourne VIC 3000
Chief Financial Officer
Mr Tim Luscombe
Taylor Collison Limited
Level 10, 151 Macquarie Street
Sydney NSW 2000
Share Registry
Australian Legal Adviser
Computershare Investor Services Pty Limited
Yarra Falls, 452 Johnston Street
Abbotsford VIC 3067
Becketts Lawyers Pty Ltd
Level 34, 120 Collins Street
Melbourne VIC 3000
Website: www.computershare.com/au
Computershare’s Investor Centre
Auditor*
www.investorcentre.com.au
Grant Thornton
Level 22, Tower 5
Collins Square, 727 Collins Street
Melbourne VIC 3008
*The Auditor is included for information purposes only. It has not been involved in the preparation of this Prospectus and has not
consented to being named in this Prospectus.
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CHAIRMAN’S LETTER
2
Dear Shareholder
On behalf of the Directors of Amplia, it is my pleasure to invite you to participate in the Offers.
Overview of Capital Raising
The Company is raising gross proceeds of up to $13.0 million before costs, by way of:
•
an institutional placement of New Shares to professional and sophisticated investors at the Offer
Price of $0.115 (11.5 cents) per New Share to raise up to approximately $7.8 million (Placement);
•
a pro rata, accelerated, non-renounceable entitlement offer of one New Share for every 6.45 Shares
held by Eligible Shareholders at 7.00pm (Sydney time) on Friday, 1 November 2024 (Record Date),
at the Offer Price to raise up to approximately $4.9 million, comprised of:
•
o
the Institutional Entitlement Offer that is expected to raise up to approximately $1.8 million, being
an offer to Eligible Institutional Shareholders; and
o
the Retail Entitlement Offer that is expected to raise up to approximately $3.1 million, being an
offer to Eligible Retail Shareholders; and
a placement of New Shares to the Amplia Directors to raise approximately $0.3 million in aggregate,
conditional on Shareholder approval at an Extraordinary General Meeting to be held in early
December 2024 (Director Placement).
In addition:
•
for every four New Shares that are issued pursuant to the Entitlement Offer and Placement,
participants will be issued three new free attaching options for nil cash consideration (Options); and
•
the Retail Sub-Underwriters will be offered 1.75 Retail Sub-Underwriter Options for every $1.00 worth
of Retail Sub-Underwriting Commitment that they commit to.
Each Option issued under the Entitlement Offer, Placement and Retail Sub-Underwriter Option Offer will
entitle the holder to subscribe for one Share at an exercise price of $0.1725 (17.25 cents). The Options
will an expiry date of 31 October 2027. The Company will apply for the Options to be quoted on ASX.
The Placement Option Offer is conditional on Shareholder approval, to be considered at the Extraordinary
General Meeting.
Results of the Institutional Entitlement Offer and Placement and underwriting of Retail Entitlement
Offer
On 1 November 2024 (the date of this replacement Prospectus), the Company announced:
•
the results of the Institutional Entitlement Offer and Placement, confirming that it had received
commitments for 100% of the amount sought under the Institutional Entitlement Offer and Placement;
•
that it had entered into an Underwriting Agreement with the Lead Managers with respect to the Retail
Entitlement Offer; and
•
that it had resolved to make the Retail Sub-Underwriter Option Offer to the Retail Sub-Underwriters
on the terms set out in this Prospectus.
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Replacement Prospectus
As a result of entry into the Underwriting Agreement and making the Retail Sub-Underwriter Option Offer
to the Retail Sub-Underwriters, this replacement Prospectus is required to be lodged with ASIC and ASX.
The key differences between the Original Prospectus and this Replacement Prospectus are set out in the
Important Notices. These changes to the Original Prospectus are not considered by the Co
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