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ikeGPS Capital Change notice

Capital Change1 November 2022IKEMaterials

Capital Change Notice


 



Section 1: Issuer information

Name of issuer ikeGPS Group Limited

NZX ticker code IKE

Class of financial product Ordinary shares

ISIN (If unknown, check on NZX website) NZIKEE0001S9

Currency NZD

Section 2: Capital change details

Number issued/acquired/redeemed 258,242

Nominal value (if any) N/A

Issue/acquisition/redemption price per security $0.60 NZD

Nature of the payment (for example, cash or other

consideration)

Acquisition of certain assets in PowerLine

Technology Inc (see market release 27

September 2019).

Amount paid up (if not in full) N/A

Percentage of total class of Financial Products

issued/acquired/redeemed/ (calculated on the

number of Financial Products of the Class,

excluding any Treasury Stock, in existence)

1


0.16%

For an issue of Convertible Financial Products or

Options, the principal terms of Conversion (for

example the Conversion price and Conversion

date and the ranking of the Financial Product in

relation to other Classes of Financial Product) or

the Option (for example, the exercise price and

exercise date)

N/A

Reason for issue/acquisition/redemption and

specific authority for issue/acquisition/redemption/

(the reason for change must be identified here)

The issue is part of the acquisition price for

certain assets of PowerLine Technology Inc

as per the asset purchase agreement

entered into and disclosed to the market on

27 September 2019.

The allotment is made up of the third and

final tranche of deferred consideration of

USD$90,000 (NZD$154,945) of IKE

ordinary shares at NZD$0.60.

Total number of Financial Products of the Class

after the issue/acquisition/redemption/Conversion

(excluding Treasury Stock) and the total number

of Financial Products of the Class held as

Treasury Stock after the

issue/acquisition/redemption.

159,731,745

 

1

The percentage is to be calculated immediately before the issue, acquisition, redemption or Conversion.

 
 

In the case of an acquisition of shares, whether

those shares are to be held as treasury stock

N/A

Specific authority for the issue, acquisition, or

redemption, including a reference to the rule

pursuant to which the issue, acquisition, or

redemption is made

Directors’ resolution dated 26 September

2019

Terms or details of the issue, acquisition, or

redemption (for example: restrictions, escrow

arrangements)

The shares were issued with identical

rights, privileges, limitations, and conditions

as, and rank equally with, the existing

ordinary shares.

Date of issue/acquisition/redemption

2

1 November 2022

Section 3: Authority for this announcement and contact person

Name of person


authorised to make this

announcement

Stephen Fairbrother

Contact person for this announcement Stephen Fairbrother

Contact phone number +64 4 382 8064

Contact email address stephen.fairbrother@ikegps.com

Date of release through MAP


1 November 2022


 

 

 

2

Continuous issuers using this form in reliance on Rule 3.13.2, please indicate the period during which the relevant

issue/acquisition/redemptions were made (for example, 1 January 2019 to 31 January 2019).

---

Application for quotation of +securities
Application for quotation of +securities

1 / 5

Announcement Summary

Entity name

IKEGPS GROUP LIMITED

Announcement Type

New announcement

Date of this announcement

Tuesday November 01, 2022

The +securities to be quoted are:

Total number of +securities to be quoted

ASX +security

codeSecurity description

Number of +securities to

be quotedIssue date

IKEORDINARY FULLY PAID FOREIGN EXEMPT

NZX

258,24201/11/2022

Refer to next page for full details of the announcement

+Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B

For personal use only

Application for quotation of +securities
Application for quotation of +securities

2 / 5

Part 1 - Entity and announcement details

1.1 Name of entity

IKEGPS GROUP LIMITED

We (the entity named above) apply for +quotation of the following +securities and agree to the matters set out in Appendix

2A of the ASX Listing Rules.

1.2 Registered number type

ARBN

Registration number

615503145

1.3 ASX issuer code

IKE

1.4 The announcement is

1.5 Date of this announcement

1/11/2022

New announcement

For personal use only

Application for quotation of +securities
Application for quotation of +securities

3 / 5

Part 2 - Type of Issue

2.1 The +securities to be quoted are:

Previous Appendix 3B details:

Announcement Date and

Time

31-Oct-2022 17:35

Announcement Title

New - Proposed issue of securities - IKE

Selected Appendix 3B to submit quotation

request

A placement or other type of issue

2.3a.2 Are there any further issues of +securities yet to take place to complete the transaction(s) referred to in the

Appendix 3B?

No

+Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B

For personal use only

Application for quotation of +securities
Application for quotation of +securities

4 / 5

Part 3A - number and type of +securities to be quoted where issue has previously been notified to ASX in an Appendix 3B

Placement Details

ASX +security code and description

IKE : ORDINARY FULLY PAID FOREIGN EXEMPT NZX

Issue date

1/11/2022

Issue details

Number of +securities to be quoted

258,242

Are the +securities being issued for a cash consideration?

Please describe the consideration being provided for the +securities

The final tranche of consideration of USD$90,000 (NZD$154,945, AUD $140,303) of shares at NZD$0.60 (AUD$0.54) for

PowerLine Technology Inc, as disclosed on 27 September 2019.

Please provide an estimate (in AUD) of the value of the consideration being provided per +security for the

+securities to be quoted

140,303.000000

Any other information the entity wishes to provide about the +securities to be quoted

No

For personal use only

Application for quotation of +securities
Application for quotation of +securities

5 / 5

Part 4 - Issued capital following quotation

Following the quotation of the +securities the subject of this application, the issued capital of the entity will

comprise:

(A discrepancy in these figures compared to your own may be due to a matter of timing if there is more than one

application for quotation/issuance currently with ASX for processing.)

4.1 Quoted +securities (total number of each +class of +securities quoted on ASX following the +quotation of the

+securities subject of this application)

ASX +security code and description

Total number of

+securities on issue

IKE : ORDINARY FULLY PAID FOREIGN EXEMPT NZX159,731,745

4.2 Unquoted +securities (total number of each +class of +securities issued but not quoted on ASX)

ASX +security code and description

Total number of

+securities on issue

IKEAA : OPTION EXPIRING VARIOUS DATES VARIOUS PRICES8,093,084

For personal use only

Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.

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