Proposed issue of securities

Update Summary

For personal use only

Entity name

ALCIDION GROUP LIMITED

Announcement Type

Update to previous announcement

Date of this announcement

8/12/2021

Reason for update to a previous announcement

Amendment to Joint Lead Managers/Joint underwriters fee structure. Revision of underwriting termination events.

Refer to next page for full details of the announcement

Proposed issue of securities

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Proposed issue of securities

Part 1 - Entity and announcement details

For personal use only

1.1 Name of +Entity

ALCIDION GROUP LIMITED

We (the entity named above) give ASX the following information about a proposed issue of +securities and, if ASX agrees to +quote any of the +securities (including any rights) on a +deferred settlement basis, we agree to the matters set out in Appendix 3B of the ASX Listing Rules.

If the +securities are being offered under a +disclosure document or +PDS and are intended to be quoted on ASX, we also apply for quotation of all of the +securities that may be issued under the +disclosure document or +PDS on the terms set out in Appendix 2A of the ASX Listing Rules (on the understanding that once the final number of +securities issued under the +disclosure document or +PDS is known, in accordance with Listing Rule 3.10.3C, we will complete and lodge with ASX an Appendix 2A online form notifying ASX of their issue and applying for their quotation).

1.2

Registered Number Type

Registration Number

ABN

77143142410

1.3

ASX issuer code

ALC

1.4 The announcement is

Update/amendment to previous announcement

1.4a Reason for update to a previous announcement

Amendment to Joint Lead Managers/Joint underwriters fee structure. Revision of underwriting termination events.

1.4b Date of previous announcement to this update

7/12/2021

1.5 Date of this announcement

8/12/2021

1.6 The Proposed issue is: An accelerated offer

1.6b The proposed accelerated offer is

Accelerated non-renounceable entitlement offer (commonly known as a JUMBO or ANREO)

Proposed issue of securities

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Proposed issue of securities

Part 3 - Details of proposed entitlement offer issue

only

Part 3A - Conditions

3A.1 Do any external approvals need to be obtained or other conditions satisfied before the entitlement offer can

proceed on an unconditional basis?

use

No

Part 3B - Offer details

Class or classes of +securities that will participate in the proposed issue and class or classes of +securities

personal

proposed to be issued

ASX +security code and description

ALC : ORDINARY FULLY PAID

Is the proposed security a 'New

Will the proposed issue of this

If the entity has quoted company

class' (+securities in a class that is

+security include an offer of

options, do the terms entitle option

not yet quoted or recorded by ASX)

attaching +securities?

holders to participate on exercise?

or an 'Existing class' (additional

No

No

securities in a class that is already

quoted or recorded by ASX)?

Existing class

D tails of +securities proposed to be issued

ASX +security code and description

ALC : ORDINARY FULLY PAID

For

ISIN Code (if Issuer is a foreign company and +securities are non CDIs)

ISIN Code for the entitlement or right to participate in the offer (if Issuer is

foreign company and +securities are non CDIs)

Offer ratio (ratio to existing holdings at which the proposed +securities will be issued)

Has the offer ratio been determined?

Yes

The quantity of additional +securities For a given quantity of +securities

Proposed issue of securities

3 / 7

Proposed issue of securities

to be issued

held

2

21

For personal use only

What will be done with fractional

Maximum number of +securities

entitlements?

proposed to be issued (subject to

rounding)

Fractions rounded up to the next

99,816,101

whole number

Offer price details for retail security holders

Has the offer price for the retail offer been determined?

Yes

In what currency will the offer be

What is the offer price per +security

made?

for the retail offer?

AUD - Australian Dollar

AUD 0.25000

Offer price details for institutional security holders

Has the offer price for the institutional offer been determined?

Yes

In what currency will the offer be

What is the offer price per +security

made?

for the institutional offer?

AUD 0.25000

AUD - Australian Dollar

Oversubscription & Scale back details

Will individual +security holders be permitted to apply for more than their entitlement (i.e. to over-subscribe)?

Yes

Describe the limits on over-subscription

Security holders may subscribe to up to 100% of their entitlement

Will a scale back be applied if the offer is over-subscribed?

Yes

Describe the scale back arrangements

Scale back arrangements will be applied at the discretion of the company

Will these +securities rank equally in all respects from their issue date with the existing issued +securities in that class?

Yes

Proposed issue of securities

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Proposed issue of securities

Part 3D - Timetable

For personal use only

3D.1a First day of trading halt

7/12/2021

3D.1b Announcement date of accelerated offer

7/12/2021

3D.2 Trading resumes on an ex-entitlement basis (ex date)

9/12/2021

3D.5 Date offer will be made to eligible institutional +security holders

7/12/2021

3D.6 Application closing date for institutional +security holders

8/12/2021

3D.8 Announcement of results of institutional offer

(The announcement should be made before the resumption of trading following the trading halt)

9/12/2021

3D.9 +Record date

9/12/2021

3D.10a Settlement date of new +securities issued under institutional entitlement offer

14/12/2021

3D.10b +Issue date for institutional +security holders

15/12/2021

3D.10c Normal trading of new +securities issued under institutional entitlement offer

15/12/2021

3D.11 Date on which offer documents will be sent to retail +security holders entitled to participate in the +pro rata issue

14/12/2021

3D.12 Offer closing date for retail +security holders

23/12/2021

3D.13 Last day to extend retail offer close date

20/12/2021

Proposed issue of securities

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Alcidion Group Limited published this content on 08 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 December 2021 06:51:07 UTC.