Cleansing Notice - Placement
Released
Released
Announcement PDF
ASX Announcement
27 November 2023
Cleansing Notice under Section 708A(5)(e) of the Corporations Act
Verbrec Limited (ASX : VBC) (Verbrec or the Company) provides this notice
(Cleansing Notice) under section 708A(5)(e) of the Corporations Act 2001 (Cth)
(Corporations Act).
On Monday, 20 November 2023, the Company published an announcement,
investor presentation and Appendix 3B related to a prospective capital raise,
including an institutional placement of Shares (Placement). Further information
related to the Placement can be found in those documents.
The Company today advises that it has issued 31,823,491 ordinary fully paid Shares of
ASX : VBC in the Placement to institutional, wholesale and sophisticated investors.
Details of the securities issued under the Placement
Class of securities
Ordinary fully paid shares
ASX code
VBC
Date of issue
27 November 2023
Total number of shares issued
31,823,491
The Company gives notice under section 708(5)(e) of the Corporations Act that:
(a) The Shares have been issued without disclosure to investors under Part 6D.2 of
the Corporations Act and without a prospectus being prepared;
(b) As a disclosing entity, the Company is subject to regular reporting and
disclosure obligations;
(c) As at the date of this Cleansing Notice, the Company has complied with:
(i)
The provisions of Chapter 2M of the Corporations Act as they apply to
the Company; and
(ii)
Section 674 of the Corporations Act as it applies to the Company; and
(d) As at the date of this Cleansing Notice, there is no ‘excluded information’ of
the type referred to in sections 708A(7) or 708A(8) of the Corporations Act
which is required to be disclosed by the Group under section 708A(6)(e) of the
Corporations Act.
An Appendix 2A relating to the quotation of the Shares was published 24 November
2023.
Verbrec Limited
Share Registry
ASX : VBC
ACN: 127 897 689
Computershare Investor Services Pty Ltd
Ph: +61 3 9415 4000
Verbrec.com
computershare.com
- ends –
Authorised for release by the Board of Directors of Verbrec Limited.
Company Enquiries
Investor Relations
Media Enquiries
Phillip Campbell
Joel Voss
Joel Voss
Chairperson
Company Secretary
Company Secretary
Phillip.Campbell@verbrec.com
Investors@verbrec.com
Investors@verbrec.com
About Verbrec Limited
Verbrec is a leading engineering and project services company that supports customers across Australia, New
Zealand, PNG and beyond. The Company serves the energy, infrastructure, and mining industries through their
technical specialties; asset management, automation and control, pipelines, power, process plant and training, with
capabilities that span across the entire life cycle of an asset. Verbrec is an Australian Securities Exchange listed
company (ASX:VBC).
Verbrec Limited
Share Registry
ASX : VBC
ACN: 127 897 689
Computershare Investor Services Pty Ltd
Ph: +61 3 9415 4000
Verbrec.com
computershare.com
Share your feedback
Discover