Cleansing Notice - Entitlement Offer
Released
Released
Announcement PDF
IMAGION BIOSYSTEMS LIMITED
(ASX: IBX)
14 March 2023
Cleansing Notice – Entitlement Offer Shares
This notice is given by Imagion Biosystems Limited (the ‘Company’ or ‘IBX’) under section 708AA(2)(f) of
the Corporations Act 2001 (Cth) (‘Corporations Act’) as modified by ASIC Corporations (Non-Traditional
Rights Issues) Instrument 2016/84 and ASIC Corporations (Disregarding Technical Relief) Instrument
2016/73.
On 7 March 2023 the Company announced that it will undertake a non-underwritten pro rata nonrenounceable entitlement offer of one (1) fully paid ordinary share in IBX (‘New Share’) for every eight (8)
existing ordinary shares held in IBX as at 7.00pm (AEDT) on 10 March 2022. The offer will be made to
existing shareholders with a registered address in Australia, New Zealand and certain other jurisdictions in
which IBX decides to extend the offer to raise up to approximately $2.4 million (‘Entitlement Offer’).
Further details of the Entitlement Offer are contained in the announcement made by the Company and an
information booklet lodged with the ASX on 7 March 2023.
The Company gives notice that:
a. the Company will be offering the shares for issue without disclosure to investors under Part 6D.2
of the Corporations Act;
b. this notice is being given under section 708AA(2)(f) of the Corporations Act;
c.
as at the date of this notice the Company has complied with:
i.
the provisions of Chapter 2M of the Corporations Act as they apply to the Company; and
ii.
sections 674 and 674A of the Corporations Act;
d. as at the date of this notice, there is no excluded information of the type referred to in sections
708AA(8) and 708AA(9) of the Corporations Act that is required to be set out in this notice under
section 708AA(7) of the Corporations Act; and
Imagion Biosystems Limited
ACN 616 305 027
Level 25, 525 Collins Street, Melbourne VIC 3000
www.imagionbiosystems.com
e. the potential effect that the Entitlement Offer will have on the control of IBX and the consequences
of that effect will depend on various factors, including investor demand and existing shareholders.
However, given:
i.
the size and pricing of the Entitlement Offer;
ii.
the structure of the Entitlement Offer as a pro rata non-renounceable issue; and
iii.
the current level of substantial holdings (based on substantial holding notices that have
been given to IBX and lodged with ASX on or prior to the date of this notice);
the issue of new shares under the Entitlement Offer is not expected to have any material effect or
consequence on the control of the Company.
-ENDS
About Imagion Biosystems
Imagion Biosystems is developing a new non-radioactive and precision diagnostic molecular imaging
technology. Combining biotechnology and nanotechnology, the Company aims to detect cancer and other
diseases earlier and with higher specificity than is currently possible.
For further information please visit www.imagionbiosystems.com
Authorisation & Additional information
This announcement was authorised by the Board of Directors of Imagion Biosystems Limited
U.S. Media Contact:
Casie Ost
Casie.ost@imagionbio.com
+1-619-693-4428
Australian Media & Investor Relations:
Hannah Howlett, WE Communications
We-AUImagionBiosystems@we-worldwide.com
+61 (0) 450648064
Imagion Biosystems Limited
ACN 616 305 027
Level 25, 525 Collins Street, Melbourne VIC 3000
www.imagionbiosystems.com
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