Notice to eligible shareholders
Released
Released
Announcement PDF
27 November 2023
[name]
[address]
[address]
Dear shareholder
Notice to eligible shareholders regarding non-renounceable rights offer
Senetas Corporation Limited (Senetas) today announced to ASX Limited (ASX) a partially underwritten
non-renounceable pro rata rights offer (Offer) to Senetas shareholders with registered addresses in
Australia and New Zealand (Eligible Shareholders) to acquire one (1) new ordinary share (New
Share) at an issue price of 1.4 cents ($0.014) per New Share for every 4.86 ordinary shares held by
Eligible Shareholders at 7:00 pm (Sydney time) on 30 November 2023 together with one (1) free
attaching option (New Option) for every three (3) New Shares subscribed, each to subscribe for one
(1) additional ordinary share at an exercise price of 2.5 cents ($0.025) with an expiry date of 12 months
from the date of issue of the New Shares and New Options.
Senetas also today separately announced the results of a placement (Placement) of New Shares and
New Options on substantially the same terms as the Offer to sophisticated and professional investors.
Shareholder approval of either the Offer or Placement is not required.
A prospectus (Prospectus) in relation to the Offer has been lodged with ASIC and provided to ASX
and is available to view on the ASX website and Senetas’s website at www.senetas.com. Further
details regarding the Offer have also been announced to the ASX and are available on ASX’s website.
Details of how to obtain a copy of the Prospectus, together with how to obtain a personalised entitlement
and acceptance form, will be despatched to all Eligible Shareholders on Monday 4 December 2023.
Shareholders with registered addresses outside Australia and New Zealand are not eligible to
participate in the Offer.
Senetas will not be printing / despatching hard copies of the Prospectus or entitlement and
acceptance forms, except in response to a specific request by an Eligible Shareholder (please refer
below). Instead, an electronic copy of the Prospectus and your entitlement and acceptance form is
accessible by you (using your Securityholder Reference Number (SRN) or Holder Identification
Number (HIN) from your latest Holding Statement, and your postcode) at the following link:
www.computersharecas.com.au/sen.
If you are an Eligible Shareholder with a registered address in New Zealand and you are unable to
pay by BPAY®, you can obtain your personalised entitlement and acceptance form at
www.investorcentre.com/au (log in via ‘Single Holding’ button and follow the prompts) and access
your personalised Electronic Funds Transfer (EFT) form which contains instructions on how to pay via
EFT using the relevant SWIFT Code, for your entitlement and the amount of any additional New
Shares and New Options for which you are applying. You must quote your reference number noted
on your EFT form when making payment or we may not be able to match your funds to your
entitlement and your application monies may need to be refunded to you.
Eligible Shareholders should read the Prospectus in full prior to making an application under the
Offer. Your application under the Offer must be made by making payment in accordance with the
personalised payment instructions on your entitlement and acceptance form. Your acceptance of the
Offer should be made using this online service.
The Offer closes at 5:00 pm (Sydney time) on Friday 15 December 2023 (unless extended).
The current timetable for the Offer and the Placement is as follows:
EVENT
DATE
SEN lodges prospectus with ASIC and gives to ASX.
Monday 27 November 2023
(prior to noon (Sydney time))
SEN announces results of the placement and gives ASX a
completed Appendix 3B in respect of the New Shares and New
options offered under the Placement.
SEN announces Offer under Listing Rule 3.10.3 and gives to
ASX a completed Appendix 3B in respect of the New Shares
and New Options offered under the Offer.
‘Ex’ date
Wednesday 29 November 2023
Record date to participate in the Offer
Thursday 30 November 2023
SEN issues New Shares and New Options applied for under the
Placement and lodges an Appendix 2A to apply for quotation of
the New Shares with ASX and an Appendix 3G in respect of the
New Options.
Friday 1 December 2023 (after
the Record Date) (prior to noon
(Sydney time))
SEN despatches Prospectus and entitlement and acceptance
form to Eligible Shareholders and announces to market that this
has occurred.
Monday 4 December 2023
Offer opens
Last day to extend the Offer close date
Tuesday 12 December 2023
(before noon (Sydney time) 3
business days before the close
of the Offer)
Offer closes
Friday 15 December 2023 at
5:00pm (Sydney time)
Unless otherwise determined by ASX, New Shares quoted on a
deferred settlement basis
Monday 18 December 2023 (on
market open) (the next
business day after the Offer
closes)
Last day for SEN to announce the results of the Offer, notify
underwriters of shortfall, issue New Shares and New Options to
under the Offer, and lodge an Appendix 2A with ASX to apply for
quotation of the New Shares, and an Appendix 3G in respect of
the New Options.
Friday 22 December 2023
(before noon (Sydney time) no
later than 5 business days after
the Offer closes)
Note: provided the Appendix 2A is given to ASX before noon
(Sydney time) on a business day, trading in the securities will
commence at market open on the next business day. If the
Appendix 2A is given to ASX after noon (Sydney time) on a
business day, these deadlines will be deferred by one business
day.
Normal trading of New Shares starts
Wednesday 27 December 2023
on market open
* Note: These dates are indicative only and subject to change. The Company reserves the right, subject
to the Corporations Act and the Listing Rules, to change any date including to extend the closing date
of the Offer, to close the Offer early, to accept late acceptances either generally or in particular cases,
or to withdraw or reduce the size of the Offer without notice. Any extension of the closing date will have
a consequential effect on the issue date of new shares. If the Offer is withdrawn, application money
will be returned without interest.
The funds raised under the Offer and the Placement (after payment of expenses in connection with the
Offer and Placement) will be used in order to:
•
support Votiro and fund the development of its business; and
•
fund general working capital.
If you have any query or question about the Offer or the Prospectus, please call the Offer Information
Line on 1300 850 505 (within Australia) or +61 3 9415 4000 (outside Australia) between 8:30am and
5:00pm (Melbourne time) Monday to Friday during the Offer period.
Website: www.computershare.com/au
Yours faithfully
Brendan Case
Company Secretary
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