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MarketScreener Homepage  >  Equities  >  Australian Stock Exchange  >  Altech Chemicals Limited    ATC   AU000000ATC9

ALTECH CHEMICALS LIMITED

(ATC)
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Altech Chemicals : Notice under Section 708A(5)(e) of the Corporations Act 2001

10/13/2020 | 11:12am EST

On 12 October 2020, Altech Chemicals Limited (the 'Company') issued 16,547,143 fully paid ordinary shares in accordance with the terms of its share purchase subscription agreement with Specialty Materials Investments, LLC, which was announced to the market on 22 April 2020.

Accordingly the Company gives notice under section 708A(5)(e) of the Corporations Act 2001 (Cth) (the 'Corporations Act') that: 1. the abovementioned ordinary shares were issued without disclosure to investors under Part 6D.2 of the Corporations Act; 2. as at the date of this notice the Company has complied with: (a) the provisions of Chapter 2M of the Corporations Act as they apply to the Company and (b) section 674 of the Corporations Act and 3. as at the date of this notice there is no 'excluded information' (as defined in subsection 708A(7) of the Corporations Act) which is required to be disclosed by the Company.

Contact:

Tel: +61 (08) 6168 1555

Email: info@altechchemicals.com

(C) 2020 Electronic News Publishing, source ENP Newswire

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Financials
Sales 2020 0,92  0,67  0,67 
Net income 2020 -3,52 M -2,59 M -2,59 M
Net cash 2020 0,83 M 0,61 M 0,61 M
P/E ratio 2020 -9,01x
Yield 2020 -
Capitalization 37,2 M 27,4 M 27,4 M
EV / Sales 2019 -
EV / Sales 2020 37,1x
Nbr of Employees 5
Free-Float 69,8%
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Managers
NameTitle
Ignatius Kim-Seng Tan Managing Director & Director
Luke Frederick Atkins Non-Executive Chairman
Jingyuan Liu General Manager-Operations & Marketing
Shane Raymond Volk Chief Financial Officer & Secretary
Daniel Lewis Tenardi Non-Executive Director