What is a SPP?

A Share Purchase Plan (SPP) is a capital raising structure that allows listed companies to issue up to $30,000 of new shares to each existing shareholder

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Participating in the SPP

Existing shareholders have the opportunity to purchase new shares in the company at a discount to the existing market price and without incurring brokerage costs.

Shareholders are able to purchase new shares in parcels of $2,500, $5,000, $10,000, $15,000, $20,000 or $30,000. Under this offer structure, all shareholders have the same capacity and opportunity to support the Company irrespective of their holding size.

Shareholders will have three and a half weeks from when the Offer Booklet is released to participate in the offer. In order to complete an application, investors must use the link below or complete the application form, funds are required alongside an application for it to be processed. Once the offer has closed the Company will announce the results and issue new shares to eligible participants.

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These dates are indicative only. The Company may vary the dates and times of the Offer without notice. Accordingly, shareholders are encouraged to submit their Applications as early as possible.