Despatch of letter to ineligible shareholders
Released
Released
Announcement PDF
ASX RELEASE
1 September 2025
Non-renounceable pro-rata entitlement offer
Despatch of letter to ineligible shareholders
Carbonxt Group Ltd (ASX: CG1) (Carbonxt or the Company) on 22 August 2025 announced a nonrenounceable pro-rata entitlement offer.
The Entitlement Offer is a non-renounceable pro-rata entitlement offer on the basis of one (1) Loyalty Option for
every six (6) Shares held and will be made to shareholders recorded on the Company’s share register as holding
Shares at 7.00pm (Sydney time) on Wednesday, 27 August 2025 (Record Date) and have a registered address
in Australia or New Zealand (Eligible Shareholders).
Eligible Shareholders will be able to subscribe to Loyalty Options at an issue price of $0.01 each, with each
option exercisable at $0.07 per share three (3) years from date of issue.
Attached is a letter despatched by Carbonxt today to all shareholders in the Company who are ineligible to
participate in the Offer.
This announcement has been authorised for release by the Board of Directors.
Enquiries
Warren Murphy
Mark Flynn
Managing Director | Carbonxt Limited
P +61 413 841 216
Investor Relations | irX Advisors
P +61 416 068 733
E w.murphy@carbonxt.com
E mark.flynn@irxadvisors.com
About Carbonxt
Carbonxt (ASX:CG1) is a cleantech company that develops, and markets specialised Activated Carbon
products, focused on the capture of contaminants in industrial processes that emit substantial amounts of
harmful pollutants. The Company produces and manufactures Powdered Activated Carbon and Activated
Carbon pellets for use in industrial air purification, wastewater treatment and other liquid and gas phase
markets.
Carbonxt Group Limited | Level 37, 180 George Street, Sydney NSW 2000
ASX: CG1 | E info@cglimited.com.au | P +61(0) 413 841 216
CARBONXT.COM
1 September 2025
Dear Shareholder
Non-Renounceable Entitlement Offer - Notification to Ineligible Shareholders
I refer to the fully underwritten non-renounceable pro-rata entitlement offer (Entitlement Offer) announced
by Carbonxt Group Limited ACN 097 247 464 (ASX: CG1) (the Company or Carbonxt) on 22 August 2025, The
prospectus for the Offer has been lodged with the ASX and is available on the ASX website (www.asx.com.au)
and the Company’s website (http://www.cglimited.com/).
The Entitlement Offer is a non-renounceable pro-rata entitlement offer on the basis of one (1) Loyalty Option for
every six (6) Shares held and will be made to shareholders recorded on the Company’s share register as holding
Shares at 7.00pm (Sydney time) on Wednesday, 27 August 2025 (Record Date) and have a registered address
in Australia or New Zealand (Eligible Shareholders).
Eligible Shareholders will be able to subscribe to Loyalty Options at an issue price of $0.01 each, with each
option exercisable at $0.07 per share three (3) years from date of issue.
This letter is to inform you about the Entitlement Offer and to explain why you will not be able to subscribe for
New Shares under the Entitlement Offer. This letter is not an offer to issue New Shares to you, nor an invitation
for you to apply for New Shares. You are not required to do anything in response to this letter.
The Company has decided that it is unreasonable to make offers under the Entitlement Offer to shareholders
recorded on the Company's share register on the Record Date with a registered address outside Australia or
New Zealand (Ineligible Shareholders), having regard to the number of Ineligible Shareholders, their holdings
and the compliance costs required to offer the shares under the Offer to Ineligible Shareholders.
Accordingly, in compliance with ASX Listing Rule 7.7.1(b) and section 9A(3) of the Corporations Act 2001 (Cth),
the Company wishes to advise that you are an Ineligible Shareholder and that it will not be extending the Offer
to you.
If you have any additional questions regarding the Offer, please contact Laura Newell, Company Secretary by
email at cosec@sourceservices.com.au or your professional advisor. Otherwise, on behalf of the board of
directors and management of the Company, we thank you for your continued support of the Company.
Yours sincerely
Carbonxt Group Limited
Matthew Driscoll
Chairman
CARBONXT.COM
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