TIDMDNK
RNS Number : 1534B
Danakali Limited
29 January 2020
Announcement Wednesday, 29 January 2020
============= ===========================
Issue of shares
Danakali Limited (ASX: DNK / LSE: DNK) (Danakali, or the
Company) confirms that it has issued 100,000 new fully paid shares
to an employee, constituting a PDMR, as detailed below, on the
vesting of performance rights.
A completed Appendix 2A has been lodged together with this
announcement.
Secondary Trading Exemption - s708A Notice
Danakali gives notice under section 708A(5)(e) of the
Corporations Act 2001 (Cth) (Act) of the following:
-- The shares were issued without disclosure under Part 6D 2 of the Act;
-- This notice is being given under section 708A(5)(e) of the Act;
-- As at the date of this notice, the Company has complied with:
_ The provisions of Chapter 2M of the Act as they apply to the
Company; and
_ Section 674 of the Act; and
-- As at the date of this notice, there is no information:
_ That has been excluded from a continuous disclosure notice in
accordance with the ASX Listing Rules; and
_ That investors and their professional advisers would
reasonably require for the purpose of making an informed assessment
of:
o The assets and liabilities, financial position and
performance, profits and losses and prospects of the Company;
or
o The rights and liabilities attaching to the shares.
Total voting rights
The Company advises that it has, conditional on admission,
allotted and issued 100,000 new fully paid ordinary shares of no
par value in the Company (Ordinary Shares).
Application has been made to the UK Listing Authority for the
admission of those 100,000 new Ordinary Shares to the Official List
of the UK Listing Authority and to trading on the London Stock
Exchange's Main Market for listed securities and it is expected
that dealings will commence on 31 January 2020. The new Ordinary
Shares will rank pari passu in all respects with the existing
Ordinary Shares in issue.
Following admission, the Company will have in issue a total of
318,721,306 Ordinary Shares. The Company does not hold any Ordinary
Shares in treasury.
Therefore, the total number of voting rights in the Company is
318,721,306 which may be used by shareholders or other persons as
the denominator for the calculations by which they will determine
if they are required to notify their interest in, or a change to
their interest in, the Company under the FCA's Disclosure Guidance
and Transparency Rules.
Notification of PDMR transaction
The Company has received notification from a person discharging
managerial responsibilities (PDMR) with respect to 100,000 fully
paid ordinary shares issued by the Company on the vesting of
performance rights.
The relevant notifications set out below are provided in
accordance with the requirements of Article 19 of the EU Market
Abuse Regulation.
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Niels Wage
-------------------------- ----------------------------------------------
2 Reason for the notification
--------------------------------------------------------------------------
a) Position/status PDMR (Chief Executive Officer)
-------------------------- ----------------------------------------------
b) Initial notification Initial notification
/Amendment
-------------------------- ----------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
--------------------------------------------------------------------------
a) Name Danakali Limited
-------------------------- ----------------------------------------------
b) LEI 5493004SQ5E5Q6VRT472
-------------------------- ----------------------------------------------
4 Details of the transaction(s): section to be repeated for (i)
each type of instrument; (ii) each type of transaction; (iii)
each date; and (iv) each place where transactions have been
conducted
--------------------------------------------------------------------------
a) Description of the Fully paid ordinary shares
financial instrument,
type of instrument
Identification code AU000000DNK9
b) Nature of the transaction Award of shares on the vesting of performance
rights
-------------------------- ----------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 100,000
----------
-------------------------- ----------------------------------------------
d) Aggregated information
* Aggregated volume N/A
* Price
* Total
-------------------------- ----------------------------------------------
e) Date of the transaction 28 January 2020
-------------------------- ----------------------------------------------
f) Place of the transaction Outside a trading venue
-------------------------- ----------------------------------------------
For more information, please contact:
Danakali
Niels Wage Todd Romaine
Chief Executive Officer Chief Sustainability Officer
+61 8 6189 8635 +1 (604) 365 5999
Corporate Broker - Numis Securities UK IR/PR - Instinctif Partners
John Prior / James Black / Paul Mark Garraway / Sarah Hourahane
Gillam / Dinara Shikhametova
+44 (0)20 7260 1000 danakali@instinctif.com
+44 (0)207 457 2020
Announcement authorised for release by the Company Secretary of
Danakali.
Appendix 2A
Application for quotation of +securities
Information or documents not available now must be given to ASX
as soon as available. Information and documents given to ASX become
ASX's property and may be made public.
If you are an entity incorporated outside Australia and you are
seeking quotation of a new class of +securities other than CDIs,
you will need to obtain and provide an International Securities
Identification Number (ISIN) for that class. Further information on
the requirement for the notification of an ISIN is available from
the Create Online Forms page. ASX is unable to create the new ISIN
for non-Australian issuers.
*Denotes minimum information required for first lodgement of
this form, with exceptions provided in specific notes for certain
questions. The balance of the information, where applicable, must
be provided as soon as reasonably practicable by the entity.
Part 1 - Entity and announcement details
Question Question Answer
no
1.1 *Name of entity Danakali Limited
We (the entity here named)
apply for +quotation of the
following +securities and
agree to the matters set
out in Appendix 2A of the
ASX Listing Rules.([1])
-------------------------------------- ------------------------------
1.2 *Registration type and number ACN 097 904 302
Please supply your ABN, ARSN,
ARBN, ACN or another registration
type and number (if you supply
another registration type,
please specify both the type
of registration and the registration
number).
-------------------------------------- ------------------------------
1.3 *ASX issuer code DNK
-------------------------------------- ------------------------------
1.4 *This announcement is A new announcement
Tick whichever is applicable. An update/amendment to a
previous announcement
A cancellation of a previous
announcement
-------------------------------------- ------------------------------
1.4a *Reason for update
Mandatory only if "Update"
ticked in Q1.4 above. A reason
must be provided for an update.
-------------------------------------- ------------------------------
1.4b *Date of previous announcement
to this update
Mandatory only if "Update"
ticked in Q1.4 above.
-------------------------------------- ------------------------------
1.4c *Reason for cancellation
Mandatory only if "Cancellation"
ticked in Q1.4 above.
-------------------------------------- ------------------------------
1.4d *Date of previous announcement
to this cancellation
Mandatory only if "Cancellation"
ticked in Q1.4 above.
-------------------------------------- ------------------------------
1.5 *Date of this announcement 29 January 2020
-------------------------------------- ------------------------------
Part 2 - Type of issue
Question Question Answer
No.
2.1 *The +securities to be quoted Being issued as part of
are: a transaction or transactions
Select whichever item is applicable. previously announced to the
If you wish to apply for quotation market in an Appendix 3B
of different types of issues Being issued under a +dividend
of securities, please complete or distribution plan
a separate Appendix 2A for Being issued as a result
each type of issue. of options being exercised
or other +convertible securities
being converted
Unquoted partly paid +securities
that have been paid up and
are now quoted fully paid
+securities
Restricted securities where
the escrow period has expired
or is about to expire
+Securities previously issued
under an +employee incentive
scheme where the restrictions
on transfer have ceased or
are about to cease
+Securities issued under
an +employee incentive scheme
that are not subject to a
restriction on transfer or
that are to be quoted notwithstanding
there is a restriction on
transfer
Other
------------------------------------------ ---------------------------------------
2.2a.1 *Date of Appendix 3B notifying
the market of the proposed
issue of securities for which
quotation is now being sought
Answer this question if your
response to Q2.1 is "Being
issued as part of a transaction
or transactions previously
announced to the market in
an Appendix 3B"
------------------------------------------ ---------------------------------------
2.2a.2 *Are there any further issues
of +securities yet to take
place to complete the transaction(s)
referred to in the Appendix
3B?
Answer this question if your
response to Q2.1 is "Being
issued as part of a transaction
or transactions previously
announced to the market in
an Appendix 3B".
------------------------------------------ ---------------------------------------
2.2a.2.1 *Please provide details of
the further issues of +securities
yet to take place to complete
the transaction(s) referred
to in the Appendix 3B
Answer this question if your
response to Q2.1 is "Being
issued as part of a transaction
or transactions previously
announced to the market in
an Appendix 3B" and your response
to Q2.2a.2 is "Yes".
Please provide details of
the proposed dates and number
of securities for the further
issues. This may be the case,
for example, if the Appendix
3B related to an accelerated
pro rata offer with an institutional
component being quoted on
one date and a retail component
being quoted on a later date.
------------------------------------------ ---------------------------------------
2.2b.1 *Date of Appendix 3A.1 lodged
with ASX in relation to the
underlying +dividend or distribution
Answer this question if your
response to Q2.1 is "Being
issued under a dividend or
distribution plan".
------------------------------------------ ---------------------------------------
2.2b.2 *Does the +dividend or distribution
plan meet the requirement
of listing rule 7.2 exception
4 that it does not impose
a limit on participation?
Answer this question if your
response to Q2.1 is "Being
issued under a dividend or
distribution plan".
Note: Exception 4 only applies
where security holders are
able to elect to receive all
of their dividend or distribution
as securities. For example,
Exception 4 would not apply
in the following circumstances:
1) The entity has specified
a dollar limit on the level
of participation e.g. security
holders can only participate
to a maximum value of $x in
respect of their entitlement.
2) The entity has specified
a maximum number of securities
that can participate in the
plan e.g. security holders
can only receive securities
in lieu of dividend payable
for x number of securities.
------------------------------------------ ---------------------------------------
2.2c.1 Please state the number and 100,000 Class 10 Performance
type of options that were Rights
exercised or other +convertible
securities that were converted
(including their ASX security
code)
Answer this question if your
response to Q2.1 is "Being
issued as a result of options
being exercised or other convertible
securities being converted".
------------------------------------------ ---------------------------------------
2.2c.2 And the date the options were 28 January 2020
exercised or other +convertible
securities were converted
Answer this question if your
response to Q2.1 is "Being
issued as a result of options
being exercised or other convertible
securities being converted".
Note: If this occurred over
a range of dates, enter the
date the last of the options
was exercised or convertible
securities was converted.
------------------------------------------ ---------------------------------------
2.2d.1 Please state the number and
type of partly paid +securities
(including their ASX security
code) that were fully paid
up
Answer this question if your
response to Q2.1 is "Unquoted
partly paid securities that
have been paid up and are
now quoted fully paid securities".
------------------------------------------ ---------------------------------------
2.2d.2 And the date the +securities
were fully paid up
Answer this question if your
response to Q2.1 is "Unquoted
partly paid securities that
have been paid up and are
now quoted fully paid securities".
Note: If this occurred over
a range of dates, enter the
date the last of the securities
was fully paid up.
------------------------------------------ ---------------------------------------
2.2e.1 Please state the number and
type of +restricted securities
(including their ASX security
code) where the escrow period
has expired or is about to
expire
Answer this question if your
response to Q2.1 is "Restricted
securities where the escrow
period has expired or is about
to expire".
------------------------------------------ ---------------------------------------
2.2e.2 And the date the escrow restrictions
have ceased or will cease
Answer this question if your
response to Q2.1 is "Restricted
securities where the escrow
period has expired or is about
to expire".
Note: If this occurred over
a range of dates, enter the
date the last of the escrow
restrictions has ceased or
will cease.
------------------------------------------ ---------------------------------------
2.2f.1 Please state the number and
type of +securities (including
their ASX security code) previously
issued under the +employee
incentive scheme where the
restrictions on transfer have
ceased or are about to cease
Answer this question if your
response to Q2.1 is "Securities
previously issued under an
employee incentive scheme
where the restrictions on
transfer have ceased or are
about to cease".
------------------------------------------ ---------------------------------------
2.2f.2 And the date the restrictions
on transfer have ceased or
will cease:
Answer this question if your
response to Q2.1 is "Securities
previously issued under an
employee incentive scheme
where the restrictions on
transfer have ceased or are
about to cease".
Note: If this occurred over
a range of dates, enter the
date the last of the restrictions
on transfer has ceased or
will cease.
------------------------------------------ ---------------------------------------
2.2g.1 Please state the number and
type of +securities (including
their ASX security code) issued
under an +employee incentive
scheme that are not subject
to a restriction on transfer
or that are to be quoted notwithstanding
there is a restriction on
transfer
Answer this question if your
response to Q2.1 is "Securities
issued under an employee incentive
scheme that are not subject
to a restriction on transfer
or that are to be quoted notwithstanding
there is a restriction on
transfer".
------------------------------------------ ---------------------------------------
2.2g.2 *Please attach a document
or provide details of a URL
link for a document lodged
with ASX detailing the terms
of the +employee incentive
scheme or a summary of the
terms.
Answer this question if your
response to Q2.1 is "Securities
issued under an employee incentive
scheme that are not subject
to a restriction on transfer
or that are to be quoted notwithstanding
there is a restriction on
transfer".
------------------------------------------ ---------------------------------------
2.2g.3 *Are any of these +securities
being issued to +key management
personnel (KMP) or an +associate
Answer this question if your
response to Q2.1 is "Securities
issued under an employee incentive
scheme that are not subject
to a restriction on transfer
or that are to be quoted notwithstanding
there is a restriction on
transfer".
------------------------------------------ ---------------------------------------
2.2g.3.a *Provide details of the recipients and the number of
+securities issued to each of them.
Answer this question if your response to Q2.1 is "Securities
issued under an employee incentive scheme that are not
subject to a restriction on transfer or that are to be
quoted notwithstanding there is a restriction on transfer"
and your response to Q2.2g.3 is "Yes". Repeat the detail
in the table below for each KMP involved in the issue.
If the securities are being issued to the KMP, repeat
the name of the KMP or insert "Same" in "Name of registered
holder". If the securities are being issued to an associate
of a KMP, insert the name of the associate in "Name of
registered holder".
Name of KMP Name of registered Number of +securities
holder
-----------------------------------------------------------------------------------
2.2h.1 *The purpose(s) for which to raise additional working
the entity is issuing the capital
securities is: to fund the retirement of
Answer this question if your debt
response to Q2.1 is "Other". to pay for the acquisition
You may select one or more of an asset [provide details
of the items in the list. below]
to pay for services rendered
[provide details below]
other [provide details below]
Additional details:
------------------------------------------ ---------------------------------------
2.2h.2 *Please provide any further
information needed to understand
the circumstances in which
you are applying to have these
+securities quoted on ASX,
including why the issue of
the +securities has not been
previously announced to the
market in an Appendix 3B
Answer this question if your
response to Q2.1 is "Other".
------------------------------------------ ---------------------------------------
2.2i *Are these +securities being
offered under a +disclosure
document or +PDS?
Answer this question if your
response to Q2.1 is any option
other than "Being issued as
part of a transaction or transactions
previously announced to the
market in an Appendix 3B".
------------------------------------------ ---------------------------------------
2.2i.1 *Date of +disclosure document
or +PDS?
Answer this question if your
response to Q2.1 is any option
other than "Being issued as
part of a transaction or transactions
previously announced to the
market in an Appendix 3B"
and your response to Q2.2i
is "Yes".
Under the Corporations Act,
the entity must apply for
quotation of the securities
within 7 days of the date
of the disclosure document
or PDS.
------------------------------------------ ---------------------------------------
2.3 *The +securities to be quoted Additional +securities in
are: a class that is already quoted
Tick whichever is applicable on ASX ("existing class")
New +securities in a class
that is not yet quoted on
ASX ("new class")
------------------------------------------ ---------------------------------------
Part 3A - number and type of +securities to be quoted (existing
class or new class) where issue has previously been notified to ASX
in an Appendix 3B
Answer the questions in this Part if your response to Q2.1 is
"Being issued as part of a transaction or transactions previously
announced to the market in an Appendix 3B" and your response to
Q2.3 is "existing class" or "new class".
Question Question Answer
No.
3A.1 *ASX +security code & description
---------------------------------- -------
3A.2 *Number of +securities to
be quoted
---------------------------------- -------
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
Answer the questions in this Part if your response to Q2.1 is
anything other than "Being issued as part of a transaction or
transactions previously announced to the market in an Appendix 3B"
and your response to Q2.3 is "existing class".
Question Question Answer
No.
3B.1 *ASX +security code & description DNK Ordinary Shares
--------------------------------------------------------- --------------------
*Number of +securities to
3B.2 be quoted 100,000
--------------------------------------------------------- --------------------
3B.3a *Will the +securities to be Yes
quoted rank equally in all
respects from their issue
date with the existing issued
+securities in that class?
--------------------------------------------------------- --------------------
3B.3b *Is the actual date from which N/A
the +securities will rank
equally (non-ranking end date)
known?
Answer this question if your
response to Q3B.3a is "No".
--------------------------------------------------------- --------------------
3B.3c *Provide the actual non-ranking N/A
end date
Answer this question if your
response to Q3B.3a is "No"
and your response to Q3B.3b
is "Yes".
--------------------------------------------------------- --------------------
3B.3d *Provide the estimated non-ranking N/A
end period
Answer this question if your
response to Q3B.3a is "No"
and your response to Q3B.3b
is "No".
--------------------------------------------------------- --------------------
3B.3e *Please state the extent to N/A
which the +securities do not
rank equally:
* in relation to the next dividend, distribution or
interest payment; or
* for any other reason
Answer this question if your
response to Q3B.3a is "No".
For example, the securities
may not rank at all, or on
a pro rata basis for the next
dividend, distribution or
interest payment; or the securities
may not rank at all or on
a pro rata basis or be entitled
to participate in some other
event, such as an entitlement
issue.
--------------------------------------------------------- --------------------
Part 3C - number and type of +securities to be quoted (new
class) where issue has not previously been notified to ASX in an
Appendix 3B
Answer the questions in this Part if your response to Q2.1 is
anything other than "Being issued as part of a transaction or
transactions previously announced to the market in an Appendix 3B"
and your response to Q2.3 is "new class".
Question Question Answer
No.
3C.1 *Security description
-------------------------------------------------------------- ------------------------------------
3C.2 *Security type Ordinary fully or partly
Select one item from the list paid shares/units
Please select the most appropriate Options
security type from the list. +Convertible debt securities
This will determine more detailed Non-convertible +debt securities
questions to be asked about Redeemable preference shares/units
the security later in this Other
section. Select "ordinary
fully or partly paid shares/units"
for stapled securities or
CDIs. For interest rate securities,
please select the appropriate
choice from either "Convertible
debt securities" or "Non-convertible
debt securities". Select "Other"
for performance shares/units
and performance options/rights
or if the selections available
in the list do not appropriately
describe the security being
issued.
-------------------------------------------------------------- ------------------------------------
3C.3 ISIN code
Answer this question if you
are an entity incorporated
outside Australia and you
are seeking quotation of a
new class of securities other
than CDIs. See also the note
at the top of this form.
-------------------------------------------------------------- ------------------------------------
3C.4 *Number of +securities to
be quoted
-------------------------------------------------------------- ------------------------------------
3C.5a *Will all the +securities
issued in this class rank
equally in all respects from
the issue date?
-------------------------------------------------------------- ------------------------------------
3C.5b *Is the actual date from which
the +securities will rank
equally (non-ranking end date)
known?
Answer this question if your
response to Q3C.5a is "No".
-------------------------------------------------------------- ------------------------------------
3C.5c *Provide the actual non-ranking
end date
Answer this question if your
response to Q3C.5a is "No"
and your response to Q3C.5b
is "Yes".
-------------------------------------------------------------- ------------------------------------
3C.5d *Provide the estimated non-ranking
end period
Answer this question if your
response to Q3C.5a is "No"
and your response to Q3C.5b
is "No".
-------------------------------------------------------------- ------------------------------------
3C.5e *Please state the extent to
which the +securities do not
rank equally:
* in relation to the next dividend, distribution or
interest payment; or
* for any other reason
Answer this question if your
response to Q3C.5a is "No".
For example, the securities
may not rank at all, or on
a pro rata basis for the next
dividend, distribution or
interest payment; or the +securities
may not rank at all or on
a pro rata basis or be entitled
to participate in some other
event, such as an entitlement
issue.
-------------------------------------------------------------- ------------------------------------
3C.6 Please attach a document or
provide a URL link for a document
lodged with ASX setting out
the material terms of the
+securities to be quoted
You may cross-reference a
disclosure document, PDS,
information memorandum, investor
presentation or other announcement
with this information provided
it has been released to the
ASX Market Announcements Platform.
-------------------------------------------------------------- ------------------------------------
3C.7 *Have you received confirmation
from ASX that the terms of
the +securities are appropriate
and equitable under listing
rule 6.1?
Answer this question only
if you are an ASX Listing.
(ASX Foreign Exempt Listings
and ASX Debt Listings do not
have to answer this question).
If your response is "No" and
the securities have any unusual
terms, you should approach
ASX as soon as possible for
confirmation under listing
rule 6.1 that the terms are
appropriate and equitable.
-------------------------------------------------------------- ------------------------------------
3C.8 *Provide a distribution schedule for the new +securities
according to the categories set out in the left hand
column - including the number of recipients and the total
percentage of the new +securities held by the recipients
in each category. Number of +securities Number of holders Total percentage
held of +securities held
1 - 1,000
------------------ ---------------------
1,001 - 5,000
------------------ ---------------------
5,001 - 10,000
------------------ ---------------------
10,001 - 100,000
------------------ ---------------------
100,001 and over
------------------ ---------------------
Answer this question only if you are an ASX Listing (ASX
Foreign Exempt Listings and ASX Debt Listings do not
have to answer this question) and the securities to be
quoted have already been issued.
Note: if the securities to be quoted have not yet been
issued, under listing rule 3.10.5, you will need to provide
to ASX a list of the 20 largest recipients of the new
+securities, and the number and percentage of the new
+securities received by each of those recipients, and
a distribution schedule for the securities when they
are issued.
----------------------------------------------------------------------------------------------------
3C.9a Ordinary fully or partly paid shares/units details
Answer the questions in this section if you selected
this security type in your response to Question 3C.2.
----------------------------------------------------------------------------------------------------
*+Security currency
This is the currency in which
the face amount of an issue
is denominated. It will also
typically be the currency
in which distributions are
declared.
------------------------------------------------------------ --------------------------------------
*Will there be CDIs issued
over the +securities?
------------------------------------------------------------ --------------------------------------
*CDI ratio
Answer this question if you
answered "Yes" to the previous
question. This is the ratio
at which CDIs can be transmuted
into the underlying security
(e.g. 4:1 means 4 CDIs represent
1 underlying security whereas
1:4 means 1 CDI represents
4 underlying securities).
------------------------------------------------------------ --------------------------------------
*Is it a partly paid class
of +security?
------------------------------------------------------------ --------------------------------------
*Paid up amount: unpaid amount
Answer this question if answered
"Yes" to the previous question.
The paid up amount represents
the amount of application
money and/or calls which
have been paid on any security
considered 'partly paid'
The unpaid amount represents
the unpaid or yet to be called
amount on any security considered
'partly paid'.
The amounts should be provided
per the security currency
(e.g. if the security currency
is AUD, then the paid up
and unpaid amount per security
in AUD).
------------------------------------------------------------ --------------------------------------
*Is it a stapled +security?
This is a security class
that comprises a number of
ordinary shares and/or ordinary
units issued by separate
entities that are stapled
together for the purposes
of trading.
------------------------------------------------------------ --------------------------------------
3C.9b Option details
Answer the questions in this section if you selected
this security type in your response to Question 3C.2.
----------------------------------------------------------------------------------------------------
*+Security currency
This is the currency in which
the exercise price is payable.
------------------------------------------------------------ --------------------------------------
*Exercise price
The price at which each option
can be exercised and convert
into the underlying security.
The exercise price should
be provided per the security
currency (i.e. if the security
currency is AUD, the exercise
price should be expressed
in AUD).
------------------------------------------------------------ --------------------------------------
*Expiry date
The date on which the options
expire or terminate.
------------------------------------------------------------ --------------------------------------
*Details of the number and
type of +security (including
its ASX +security code if
the +security is quoted on
ASX) that will be issued
if an option is exercised
For example, if the option
can be exercised to receive
one fully paid ordinary share
with ASX security code ABC,
please insert "One fully
paid ordinary share (ASX:ABC)".
------------------------------------------------------------ --------------------------------------
3C.9c Details of non-convertible +debt securities, +convertible
debt securities, or redeemable preference shares/units
Answer the questions in this section if you selected
one of these security types in your response to Question
3C.2.
Refer to Guidance Note 34 and the "Guide to the Naming
Conventions and Security Descriptions for ASX Quoted
Debt and Hybrid Securities" for further information on
certain terms used in this section
----------------------------------------------------------------------------------------------------
*Type of +security Simple corporate bond
Select one item from the Non-convertible note or bond
list Convertible note or bond
Preference share/unit
Capital note
Hybrid security
Other
------------------------------------------------------------ --------------------------------------
*+Security currency
This is the currency in which
the face value of the security
is denominated. It will also
typically be the currency
in which interest or distributions
are paid.
------------------------------------------------------------ --------------------------------------
Face value
This is the principal amount
of each security.
The face value should be
provided per the security
currency (i.e. if security
currency is AUD, then the
face value per security in
AUD).
------------------------------------------------------------ --------------------------------------
*Interest rate type Fixed rate
Select one item from the Floating rate
list Indexed rate
Select the appropriate interest Variable rate
rate type per the terms of Zero coupon/no interest
the security. Definitions Other
for each type are provided
in the Guide to the Naming
Conventions and Security
Descriptions for ASX Quoted
Debt and Hybrid Securities
------------------------------------------------------------ --------------------------------------
Frequency of coupon/interest Monthly
payments per year Quarterly
Select one item from the Semi-annual
list. Annual
No coupon/interest payments
Other
------------------------------------------------------------ --------------------------------------
First interest payment date
A response is not required
if you have selected "No
coupon/interest payments"
in response to the question
above on the frequency of
coupon/interest payments
------------------------------------------------------------ --------------------------------------
Interest rate per annum % p.a.
Answer this question if the
interest rate type is fixed.
------------------------------------------------------------ --------------------------------------
*Is the interest rate per
annum estimated at this time?
Answer this question if the
interest rate type is fixed.
------------------------------------------------------------ --------------------------------------
If the interest rate per
annum is estimated, then
what is the date for this
information to be announced
to the market (if known)
Answer this question if the
interest rate type is fixed
and your response to the
previous question is "Yes".
Answer "Unknown" if the date
is not known at this time.
------------------------------------------------------------ --------------------------------------
*Does the interest rate include
a reference rate, base rate
or market rate (e.g. BBSW
or CPI)?
Answer this question if the
interest rate type is floating
or indexed.
------------------------------------------------------------ --------------------------------------
*What is the reference rate,
base rate or market rate?
Answer this question if the
interest rate type is floating
or indexed and your response
to the previous question
is "Yes".
------------------------------------------------------------ --------------------------------------
*Does the interest rate include
a margin above the reference
rate, base rate or market
rate?
Answer this question if the
interest rate type is floating
or indexed.
------------------------------------------------------------ --------------------------------------
*What is the margin above % p.a.
the reference rate, base
rate or market rate (expressed
as a percent per annum)
Answer this question if the
interest rate type is floating
or indexed and your response
to the previous question
is "Yes".
------------------------------------------------------------ --------------------------------------
*Is the margin estimated
at this time?
Answer this question if the
interest rate type is floating
or indexed.
------------------------------------------------------------ --------------------------------------
If the margin is estimated,
then what is the date for
this information to be announced
to the market (if known)
Answer this question if the
interest rate type is floating
or indexed and your response
to the previous question
is "Yes".
Answer "Unknown" if the date
is not known at this time.
------------------------------------------------------------ --------------------------------------
*S128F of the Income Tax s128F exempt
Assessment Act status applicable Not s128F exempt
to the +security s128F exemption status unknown
Select one item from the Not applicable
list
For financial products which
are likely to give rise to
a payment to which s128F
of the Income Tax Assessment
Act applies, ASX requests
issuers to confirm the s128F
status of the security:
* "s128F exempt" means interest payments are not
taxable to non-residents;
* "Not s128F exempt" means interest payments are
taxable to non-residents;
* "s128F exemption status unknown" means the issuer is
unable to advise the status;
* "Not applicable" means s128F is not applicable to
this security
------------------------------------------------------------ --------------------------------------
*Is the +security perpetual
(i.e. no maturity date)?
------------------------------------------------------------ --------------------------------------
*Maturity date
Answer this question if the
security is not perpetual
------------------------------------------------------------ --------------------------------------
*Select other features applicable Simple
to the +security Subordinated
Up to 4 features can be selected. Secured
Further information is available Converting
in the Guide to the Naming Convertible
Conventions and Security Transformable
Descriptions for ASX Quoted Exchangeable
Debt and Hybrid Securities. Cumulative
Non-Cumulative
Redeemable
Extendable
Reset
Step-Down
Step-Up
Stapled
None of the above
------------------------------------------------------------ --------------------------------------
*Is there a first trigger
date on which a right of
conversion, redemption, call
or put can be exercised (whichever
is first)?
------------------------------------------------------------ --------------------------------------
*If yes, what is the first
trigger date
Answer this question if your
response to the previous
question is "Yes".
------------------------------------------------------------ --------------------------------------
Details of the number and
type of +security (including
its ASX +security code if
the +security is quoted on
ASX) that will be issued
if the securities to be quoted
are converted, transformed
or exchanged
Answer this question if the
security features include
"converting", "convertible",
"transformable" or "exchangeable".
For example, if the security
can be converted into 1,000
fully paid ordinary shares
with ASX security code ABC,
please insert "1,000 fully
paid ordinary share (ASX:ABC)".
------------------------------------------------------------ --------------------------------------
Part 4 - Issue details
Question Question Answer
No.
4.1 *Have the +securities to Yes
be quoted been issued yet?
------------------------------------ ----------------------------------
4.1a *What was their date of issue? 29 January 2020
Answer this question if your
response to Q4.1 is "Yes".
------------------------------------ ----------------------------------
4.1b *What is their proposed date N/A
of issue?
Answer this question if your
response to Q4.1 is "No".
------------------------------------ ----------------------------------
4.2 *Are the +securities to be No
quoted being issued for a
cash consideration?
If the securities are being
issued for nil cash consideration,
answer this question "No".
------------------------------------ ----------------------------------
4.2a *In what currency is the N/A
cash consideration being
paid
For example, if the consideration
is being paid in Australian
Dollars, state AUD.
Answer this question if your
response to Q4.2 is "Yes".
------------------------------------ ----------------------------------
4.2b *What is the issue price N/A
per +security
Answer this question if your
response to Q4.2 is "Yes"
and by reference to the issue
currency provided in your
response to Q4.2a.
Note: you cannot enter a
nil amount here. If the securities
are being issued for nil
cash consideration, answer
Q4.2 as "No" and complete
Q4.2c and Q4.2d.
------------------------------------ ----------------------------------
4.2c Please describe the consideration Shares have been issued at
being provided for the +securities nil consideration as they
to be quoted have been issued upon conversion
Answer this question if your of performance rights, the
response to Q4.2 is "No". performance condition attaching
to which has been achieved.
------------------------------------ ----------------------------------
4.2d Please provide an estimate $0.595 each
(in AUD) of the value of
the consideration being provided
per +security for the +securities
to be quoted
Answer this question if your
response to Q4.2 is "No".
------------------------------------ ----------------------------------
Part 5 - Issued capital following quotation
Following the quotation of the +securities the subject of this
application, the issued capital of the entity will comprise:
Note: the figures provided in the tables in sections 5.1 and
5.2 below are used to calculate the total market capitalisation
of the entity published by ASX from time to time. Please make
sure you include in the relevant table each class of securities
issued by the entity.
If you have quoted CHESS Depository Interests (CDIs) issued
over your securities, include them in the table in section 5.1
and include in the table in section 5.2 any securities that
do not have CDIs issued over them (and therefore are not quoted
on ASX).
Restricted securities should only be included in the table in
section 5.1 if you are applying to have them quoted because
the escrow period for the securities has expired or is about
to expire. Otherwise include them in the table in section 5.2.
5.1 *Quoted +securities (total number of each +class of +securities
quoted on ASX following the +quotation of the +securities
the subject of this application) ASX +security code and description Total number of +securities
on issue
DNK Ordinary Shares 318,721,306
----------------------------
----------------------------------------------------------------------------------------------------------------
5.2 *Unquoted +securities (total number of each +class of
+securities issued but not quoted on ASX): ASX +security code and description Total number of +securities
on issue
Unlisted Options exercisable
at $0.912 each, expiring 11 May
2020 (Remuneration Options)
Unlisted Options exercisable
at $0.94 each, expiring 19 May
2020 (Remuneration Options)
500,000
Unlisted Options exercisable
at $1.031 each, expiring 24 January
2022 (Remuneration Options) 1,440,000
Unlisted Options exercisable
at $1.031 each, expiring 24 January 1,168,272
2022 (Remuneration Options)
Unlisted Options exercisable 301,040
at $1.108 each, expiring 13 March
2022 (Remuneration Options)
Unlisted Options exercisable 583,000
at $1.119 each, expiring 28 March
2022 (Remuneration Options)
561,800
Unlisted Options exercisable
at $1.114 each, expiring 30 May
2022 (Remuneration Options) 1,450,000
Performance Rights - Class 1 280,000
Performance Rights - Class 4 800,000
Performance Rights - Class 5 100,000
Performance Rights - Class 8 15,000
Performance Rights - Class 9 900,000
----------------------------
----------------------------------------------------------------------------------------------------------------
Part 6 - Other Listing Rule requirements
The questions in this Part should only be answered if you are an
ASX Listing (ASX Foreign Exempt Listings and ASX Debt Listings do
not need to complete this Part) and:
- your response to Q2.1 is "Being issued under a
dividend/distribution plan" and the response to Q2.2b.2 is "No";
or
- your response to Q2.1 is "Other".
Note that if your response to Q2.1 is "Being issued as part of a
transaction or transactions previously announced to the market in
an Appendix 3B", it is assumed that you will have provided the
information referred to in this Part in the Appendix 3B.
Question Question Answer
No.
6.1 *Has the entity obtained,
or is it obtaining, +security
holder approval for the issue
under listing rule 7.1?
----------------------------------- -------
6.1a *Date of meeting or proposed
meeting to approve the issue
under listing rule 7.1
Answer this question if the
response to Q6.1 is "Yes".
----------------------------------- -------
6.1b *Are any of the +securities
being issued without +security
holder approval using the
entity's 15% placement capacity
under listing rule 7.1?
Answer this question if the
response to Q6.1 is "No".
----------------------------------- -------
6.1b.1 *How many +securities are
being issued without +security
holder approval using the
entity's 15% placement capacity
under listing rule 7.1?
Answer this question if the
response to Q6.1 is "No" and
the response to Q6.1b is "Yes".
Please complete and separately
send by email to your ASX
listings adviser a work sheet
in the form of Annexure B
to Guidance Note 21 confirming
the entity has the available
capacity under listing rule
7.1 to issue that number of
securities.
----------------------------------- -------
6.1c *Are any of the +securities
being issued without +security
holder approval using the
entity's additional 10% placement
capacity under listing rule
7.1A (if applicable)?
Answer this question if the
response to Q6.1 is "No".
----------------------------------- -------
6.1c.1 *How many +securities are
being issued without +security
holder approval using the
entity's additional 10% placement
capacity under listing rule
7.1A?
Answer this question if the
response to Q6.1 is "No" and
the response to Q6.1c is "Yes".
Please complete and separately
send by email to your ASX
listings adviser a work sheet
in the form of Annexure C
to Guidance Note 21 confirming
the entity has the available
capacity under listing rule
7.1A to issue that number
of securities.
----------------------------------- -------
Introduced 01/12/19
[1] Appendix 2A of the Listing Rules includes a warranty that an
offer of the securities for sale within 12 months after their issue
will not require disclosure under section 707(3) or 1012C(6) of the
Corporations Act. If the securities to be quoted have been issued
by way of a pro rata offer, to give this warranty, you will
generally need to have lodged a cleansing notice with ASX under
section 708AA(2)(f) or 1012DAA(2)(f) of the Corporations Act within
24 hours before the securities are offered (see ASIC Regulatory
Guide 189 Disclosure relief for rights issues). If in doubt, please
consult your legal adviser.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
MSCUWVRRRSUAUAR
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