Proposed Issue of Securities - Appendix 3B ASX
Appendix 3B - Proposed issue of securities
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Announcement Summary
Entity name
IKEGPS GROUP LIMITED
Announcement Type
New announcement
Date of this announcement
10/7/2025
The Proposed issue is:
Total number of +securities proposed to be issued for an offer of securities under a securities purchase plan
ASX +security code+Security description
Maximum Number of
+securities to be issued
IKEORDINARY FULLY PAID FOREIGN EXEMPT NZX2,469,135
+Record date
9/7/2025
Offer closing date
7/8/2025
+Issue date
14/8/2025
Total number of +securities proposed to be issued for a placement or other type of issue
ASX +security code+Security description
Maximum Number of
+securities to be issued
IKEORDINARY FULLY PAID FOREIGN EXEMPT NZX22,222,223
Proposed +issue date
22/7/2025
Refer to next page for full details of the announcement
A placement or other type of issueA placement or other type of issue
An offer of securities under a securities purchase plan
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Part 1 - Entity and announcement details
1.1 Name of +Entity
IKEGPS GROUP LIMITED
We (the entity named above) give ASX the following information about a proposed issue of +securities and, if ASX agrees
to +quote any of the +securities (including any rights) on a +deferred settlement basis, we agree to the matters set out in
Appendix 3B of the ASX Listing Rules.
If the +securities are being offered under a +disclosure document or +PDS and are intended to be quoted on ASX, we also
apply for quotation of all of the +securities that may be issued under the +disclosure document or +PDS on the terms set
out in Appendix 2A of the ASX Listing Rules (on the understanding that once the final number of +securities issued under
the +disclosure document or +PDS is known, in accordance with Listing Rule 3.10.3C, we will complete and lodge with ASX
an Appendix 2A online form notifying ASX of their issue and applying for their quotation).
1.2 Registered Number Type
ARBN
Registration Number
615503145
1.3 ASX issuer code
IKE
1.4 The announcement is
1.5 Date of this announcement
10/7/2025
1.6 The Proposed issue is:
A placement or other type of issueA placement or other type of issue
An offer of +securities under a +securities purchase plan
New announcement
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Part 4 - Details of proposed offer under securities purchase plan
Part 4A - Conditions
4A.1 Do any external approvals need to be obtained or other conditions satisfied before the offer of +securities
under the +securities purchase plan issue can proceed on an unconditional basis?
No
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Part 4B - Offer details
+Class or classes of +securities that will participate in the proposed issue and +class or classes of +securities
proposed to be issued
ASX +security code and description
IKE : ORDINARY FULLY PAID FOREIGN EXEMPT NZX
Will the proposed issue of this
+security include an offer of
attaching +securities?
Details of +securities proposed to be issued
ASX +security code and description
IKE : ORDINARY FULLY PAID FOREIGN EXEMPT NZX
Maximum total number of those +securities that could be issued
if all offers under the +securities purchase plan are accepted
2,469,135
Will the offer be conditional on applications for a minimum
number of +securities being received or a minimum amount
being raised (i.e. a minimum subscription condition)?
Will the offer be conditional on applications for a maximum
number of +securities being received or a maximum amount
being raised (i.e. a maximum subscription condition)?
Will individual security holders be required to accept the offer for
a minimum number or value of +securities (i.e. a minimum
acceptance condition)?
Will individual security holders be limited to accepting the offer
for a maximum number or value of +securities (i.e. a maximum
acceptance condition)?
Is the maximum acceptance unit based or dollar based?
Please enter the maximum acceptance value
$ 30,000
Describe all the applicable parcels available for this offer in number of securities or dollar value
Security holders can accept a parcel of securities up to:
(a) NZ$32,500 per shareholder/ beneficial owner with a registered address in New Zealand; or
(b) A$30,000 per shareholder/ beneficial owner with a registered address in Australia.
Offer price details
Has the offer price been determined?
Dollar based ($)
Yes
No
No
No
No
Dollar based ($)
Yes
No
No
No
No
Dollar based ($)
Yes
No
No
No
No
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In what currency will the offer
be made?
AUD - Australian Dollar
What is the offer price per
+security?
AUD 0.81000
Oversubscription & Scale back details
Will a scale back be applied if the offer is over-subscribed?
Describe the scale back arrangements
If the SPP is oversubscribed, IKE will scale back applications by reference only to the number of fully
paid ordinary shares held by those accepting the SPP on the record date.
Will these +securities rank equally in all respects from their issue date with the existing issued
+securities in that class?
Part 4C - Timetable
4C.1 Date of announcement of +security purchase plan
10/7/2025
4C.2 +Record date
9/7/2025
4C.3 Date on which offer documents will be made available to investors
16/7/2025
4C.4 Offer open date
16/7/2025
4C.5 Offer closing date
7/8/2025
4C.7 +Issue date and last day for entity to announce results of +security
purchase plan offer
14/8/2025
Part 4E - Fees and expenses
4E.1 Will there be a lead manager or broker to the proposed offer?
4E.2 Is the proposed offer to be underwritten?
4E.3 Will brokers who lodge acceptances or renunciations on behalf of eligible +security holders be paid a
handling fee or commission?
4E.4 Details of any other material fees or costs to be incurred by the entity in connection with the proposed offer
No
No
No
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
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4E.4 Details of any other material fees or costs to be incurred by the entity in connection with the proposed offer
Fees and costs incurred by IKE include share registry fees, settlement fees and other legal adviser fees.
Part 4F - Further Information
4F.01 The purpose(s) for which the entity intends to use the cash raised by the proposed issue
Please refer to the Equity Raising Overview section of the Investor Presentation attached to the announcement lodged
with the NZX and ASX on 10 July 2025 entitled IKE announces equity raising of A$20 million.
4F.1 Will the entity be changing its dividend/distribution policy if the proposed offer is successful?
4F.2 Countries in which the entity has +security holders who will not be eligible to accept the proposed offer
All countries in which IKE has shareholders except for New Zealand and Australia
4F.3 URL on the entity's website where investors can download information about the proposed offer
www.ikeshareoffer.co.nz
4F.4 Any other information the entity wishes to provide about the proposed offer
The offer price will also be payable in NZD, and the NZD equivalent offer price per security is NZ$0.88 per share.
No
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Part 7 - Details of proposed placement or other issue
Part 7A - Conditions
7A.1 Do any external approvals need to be obtained or other conditions satisfied before the placement or other
type of issue can proceed on an unconditional basis?
Part 7B - Issue details
Is the proposed security a 'New
class' (+securities in a class that is
not yet quoted or recorded by ASX)
or an 'Existing class' (additional
securities in a class that is already
quoted or recorded by ASX)?
Will the proposed issue of this
+security include an offer of
attaching +securities?
Details of +securities proposed to be issued
ASX +security code and description
IKE : ORDINARY FULLY PAID FOREIGN EXEMPT NZX
Number of +securities proposed to be issued
22,222,223
Offer price details
Are the +securities proposed to be issued being issued for a cash
consideration?
In what currency is the cash
consideration being paid?
AUD - Australian Dollar
What is the issue price per
+security?
AUD 0.81000
Will these +securities rank equally in all respects from their issue date with
the existing issued +securities in that class?
Yes
Yes
No
Existing class
No
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Part 7C - Timetable
7C.1 Proposed +issue date
22/7/2025
Part 7D - Listing Rule requirements
7D.3 Will any of the +securities to be issued be +restricted securities for the purposes of the listing rules?
7D.4 Will any of the +securities to be issued be subject to +voluntary escrow?
Part 7E - Fees and expenses
7E.1 Will there be a lead manager or broker to the proposed issue?
7E.1a Who is the lead manager/broker?
Shaw & Partners Limited and Unified Capital Partners Pty Limited (Lead Managers)
7E.1b What fee, commission or other consideration is payable to them for acting as lead manager/broker?
The Lead Managers will, in the aggregate, be paid a combined fee by IKE for their services in connection with acting as
joint lead managers and underwriters in respect of the Placement, of 5% of the gross proceeds raised under the
Placement (excluding GST, if any).
7E.2 Is the proposed issue to be underwritten?
7E.2a Who are the underwriter(s)?
The Lead Managers are acting as underwriters to the Placement.
7E.2b What is the extent of the underwriting (ie the amount or proportion of the proposed issue that is
underwritten)?
Fully underwritten
7E.2c What fee, commission or other consideration is payable to them for acting as underwriter(s)?
See response above. The Lead Managers will, in the aggregate, be paid a combined fee by IKE for their services in
connection with acting as joint lead managers and underwriters in respect of the Placement, of 5% of the gross proceeds
raised under the Placement (excluding GST, if any).
7E.2d Please provide a summary of the significant events that could lead to the underwriting being terminated.
Refer to the Key Risks section of the Investor Presentation attached to the announcement lodged with NZX and ASX on
10 July 2025 entitled IKE announces equity raising of A$20 million.
7E.4 Details of any other material fees or costs to be incurred by the entity in connection with the proposed issue
Fees and costs incurred by IKE include share registry fees, settlement fees and other legal adviser fees.
Yes
Yes
No
No
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Part 7F - Further Information
7F.01 The purpose(s) for which the entity is issuing the securities
Please refer to the Equity Raising Overview section of the Investor Presentation attached to the announcement lodged
with the NZX and ASX on 10 July 2025 entitled IKE announces equity raising of A$20 million.
7F.1 Will the entity be changing its dividend/distribution policy if the proposed issue proceeds?
7F.2 Any other information the entity wishes to provide about the proposed issue
The cash consideration will also be payable in NZD, and the NZD equivalent issue price per security is NZ$0.88 per
share.
7F.3 Any on-sale of the +securities proposed to be issued within 12 months of their date of issue will comply with
the secondary sale provisions in sections 707(3) and 1012C(6) of the Corporations Act by virtue of:
An applicable ASIC instrument or class order
No
An applicable ASIC instrument or class order
No
Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.
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