Extension of Non-Renounceable Entitlement Offer
Released
Released
Announcement PDF
ASX RELEASE
28 December 2023
Extension of Closing Date of Non-Renounceable Entitlement Offer
Carbonxt Group Limited (ASX:CG1) (the Company or Carbonxt) wishes to advise that it has decided to extend
the closing date for the non-renounceable pro-rata rights issue offer of 1 new share for every 9 shares
(Entitlement Offer).
On 4 December 2023, the Company announced a non-renounceable pro-rata rights issue offer of 1 new share
for every 9 shares held at the record date at an issue price of $0.06 per new share to raise approximately
$1.84 million before costs.
The Company advises that the closing date of the Entitlement Offer to eligible shareholders has been extended
to 5.00pm on Wednesday, 17 January 2024 (Closing Date). The Closing Date has been extended to allow
eligible shareholders more time to participate in the Entitlement Offer.
The revised timetable for the Entitlement Offer is shown below. These events and dates are indicative only
and subject to change. Subject to the ASX Listing Rules, the Corporations Act 2001 (Cth) and other applicable
laws, the Company’s Board reserves the right to modify all dates, including the Entitlement Offer closing date.
Event
Date
Closing Date
5.00pm (Sydney time) on
Wednesday, 17 January 2024
New Shares expected to be quoted on a deferred settlement
basis
Thursday, 18 January 2024
Announcement of results of Entitlement Offer, lodgement of
Appendix 2A
Monday, 22 January 2024
Issue of New Shares under the Entitlement Offer
Tuesday, 23 January 2024
Trading of New Shares under the Entitlement Offer expected to
commence on ASX on a normal settlement basis
Holding statements sent to Shareholders
Wednesday, 24 January 2024
Thursday, 25 January 2024
Eligible shareholders should consider the Entitlement Offer Document dated 12 December 2023 in deciding
whether to acquire securities under the Entitlement Offer and are required to follow the instructions on the
Entitlement and Acceptance Form which accompanies the Offer Document.
This announcement has been authorised for release to ASX by the Board of Directors of Carbonxt Group
Limited.
ENDS
Carbonxt Group Limited. Level 8, 210 George Street, Sydney NSW 2000
For Investor Enquiries
Warren Murphy
Managing Director
+61 413841216
w.murphy@carbonxt.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 8, 210 George Street, Sydney NSW 2000
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