Invion : Proposed issue of securities - IVX

Proposed issue of securities

Announcement Summary

For personal use only

Entity name

INVION LIMITED

Announcement Type

New announcement

Date of this announcement

23/11/2021

The Proposed issue is:

A non pro rata offer of securities under a disclosure document or product disclosure statement (PDS)

Total number of +securities proposed to be issued for a non pro rata offer of securities under a disclosure document or product disclosure statement (PDS)

		Maximum Number of
ASX +security code	+Security description	+securities to be issued
New class-code to be	Listed Options exercisable at $0.04 expiring 18 months from	272727273
confirmed	date of issue

Closing date for receipt of acceptances

10/12/2021

Proposed +issue date

14/12/2021

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

INVION 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	76094730417
1.3	ASX issuer code
IVX
1.4 The announcement is
New announcement
1.5	Date of this announcement

23/11/2021

1.6 The Proposed issue is:

A non-+pro rata offer of +securities under a +disclosure document or +PDS

Proposed issue of securities

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Proposed issue of securities

Part 5 - Details of proposed non-pro rata offer under a disclosure document or PDS

only
	Part 5A - Conditions
		5A.1 Do any external approvals need to be obtained or other conditions satisfied before the non-pro rata offer of
		+securities under a +disclosure document or + PDS can proceed on an unconditional basis?
use		No
	Part 5B - Offer details
			Is the proposed security a 'New		Will the proposed issue of this
			class' (+securities in a class that is		+security include an offer of
			not yet quoted or recorded by ASX)		attaching +securities?
personal		or an 'Existing class' (additional		No
	securities in a class that is already
	quoted or recorded by ASX)?
			New class
	Details of +securities proposed to be issued
			ISIN Code (if Issuer is a foreign company and +securities are non CDIs)
			Have you received confirmation from		Will the entity be seeking quotation
			ASX that the terms of the proposed		of the 'new' class of +securities on
			+securities are appropriate and		ASX?
			equitable under listing rule 6.1?		Yes
			No
			ASX +security code		+Security description
			New class-code to be confirmed		Listed Options exercisable at $0.04 expiring 18 months from date of issue
For
	+Security type
	Options

The number of +securities to be offered under the +disclosure document or +PDS

272,727,273

Will the offer be conditional on applications for a minimum number of +securities being received or a minimum amount being raised (i.e. a minimum subscription condition)?

No

Proposed issue of securities

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Proposed issue of securities

	Will individual security holders be required to accept the offer for a
	minimum number or value of +securities (i.e. a minimum acceptance
	condition)?
	No
only	Will individual security holders be limited to accepting the offer for a
Yes
	maximum number or value of +securities (i.e. a maximum acceptance
	condition)?
	No
	Offer price details
	Has the offer price been determined?
use	In what currency will the offer be	What is the offer price per +security?
made?	AUD 0.04000
AUD - Australian Dollar
Oversubscription & Scale back details
personal	Will the entity be entitled to accept over-subscriptions?
No
	Will a scale back be applied if the offer is over-subscribed?
	No
	Will all the +securities issued in this class rank equally in all respects from
	their issue date?
	Yes
Options details
	+Security currency	Exercise price	Expiry date
	AUD - Australian Dollar	AUD 0.0400	14/6/2023
For

Details of the type of +security that will be issued if the option is exercised

IVX : ORDINARY FULLY PAID

Number of securities that will be issued if the option is exercised

272,727,273 fully paid ordinary shares

Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities proposed to be issued or provide the information by separate announcement.

Proposed issue of securities

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Proposed issue of securities

Part 5C - Timetable

only	5C.1 Lodgement date of +disclosure document or +PDS with ASIC
22/11/2021
		5C.2 Date when +disclosure document or +PDS and acceptance forms will
		be made available to investors
		30/11/2021
		5C.3 Offer open date
use	30/11/2021
5C.4 Closing date for receipt of acceptances
		10/12/2021
		5C.6 Proposed +issue date
personal	14/12/2021
	P rt 5D - Listing Rule requirements
		5D.1 Has the entity obtained, or is it obtaining, +security holder approval for the entire issue under listing rule 7.1?
		No
		5D.1b Are any of the +securities proposed to be issued without +security holder approval using the entity's 15%
		placement capacity under listing rule 7.1?
		Yes
		5D.1b ( i ) How many +securities are proposed to be issued without +security holder approval using the entity's
		15% placement capacity under listing rule 7.1?
		2722,727,273 listed options
		5D.1c Are any of the +securities proposed to be issued without +security holder approval using the entity's
		additional 10% placement capacity under listing rule 7.1A (if applicable)?
		No
For	5D.2 Is a party referred to in listing rule 10.11 participating in the proposed issue?
No

Part 5E - Fees and expenses

5E.1 Will there be a lead manager or broker to the proposed offer? No

5E.2 Is the proposed offer to be underwritten? No

Proposed issue of securities

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