Pentanet : Application for quotation of securities - 5GG
December 13, 2021 at 02:16 am EST
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Application for quotation of +securities
Announcement Summary
For personal use only
Entity name
PENTANET LIMITED
Announcement Type
New announcement
Date of this announcement
Monday December 13, 2021
The +securities to be quoted are:
+Restricted securities where the escrow period has expired or is about to expire
Total number of +securities to be quoted
ASX +security
Number of +securities to
code
Security description
be quoted
Issue date
5GG
ORDINARY FULLY PAID
12,043,571
13/12/2021
Refer to next page for full details of the announcement
Application for quotation of +securities
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Application for quotation of +securities
Part 1 - Entity and announcement details
For personal use only
1.1 Name of entity
PENTANET 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
Registration number
ABN
29617506279
1.3
ASX issuer code
5GG
The announcement is New announcement
Date of this announcement
13/12/2021
Application for quotation of +securities
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Application for quotation of +securities
Part 2 - Type of Issue
2.1 The +securities to be quoted are:
+Restricted securities where the escrow period has expired or is about to expire
For personal use only
2.2 The +securities to be quoted are:
Additional +securities in a class that is already quoted on ASX ("existing class")
Application for quotation of +securities
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Application for quotation of +securities
Part 3B - number and type of +securities to be quoted (existing class) where issue has not previously been notified to ASX in an Appendix 3B
For personal use only
Additional +securities to be quoted in an existing class as a result of escrow expiring on an existing class
FROM (Existing Class)
ASX +security code and description
5GGAA : ORDINARY FULLY PAID RESTRICTED
TO (Existing Class)
ASX +security code and description
5GG : ORDINARY FULLY PAID
Please state the number of +restricted securities where the escrow period
And the date the escrow restrictions
has expired or is about to expire
have ceased or will cease
12,043,571
11/12/2021
Issue date
13/12/2021
Will the +securities to be quoted rank equally in all respects from their issue date with the existing issued +securities in that class?
Yes
Application for quotation of +securities
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Application for quotation of +securities
Issue details
For personal use only
Number of +securities to be quoted
12,043,571
Are the +securities being issued for a cash consideration?
No
Please describe the consideration being provided for the +securities
The ordinary fully paid securities were under ASX imposed restrictions to 11 December 2021.
Please provide an estimate (in AUD) of the value of the consideration being provided per +security for the +securities to be quoted
0.530000
Any other information the entity wishes to provide about the +securities to be quoted
Release from escrow.
Closing price of 5GG ordinary fully paid securities on 13 December 2021 was $0.53.
Application for quotation of +securities
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Disclaimer
Pentanet Ltd. published this content on 13 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 December 2021 07:15:05 UTC.
Pentanet Limited is an Australia-based company, which is engaged in the provision of Internet and associated telecommunications products and services and gaming technology services. The Company provides private fixed-wireless networks as well as reselling fixed-line services, such as national broadband networks (NBN). It also provides subscription-based entertainment services and cloud gaming. The Company's nexus Internet technology employs intelligent Terragraph technology to provide subscribers with multiple points of connection, removing the traditional line of sight barrier. A wireless neXus connection is faster to install and deploy than fixed line connections, such as the nbn. The nbn Enterprise Ethernet delivers symmetrical speeds from 10 megabits per second (Mbps) up to one gigabyte per second (Gbps).