Melbourne, June 19, 2017 AEST (ABN Newswire) - Xped Limited (ASX:XPE) ("Xped" or "the Company") is pleased to confirm that it has today lodged a prospectus (Prospectus) for the non-renounceable pro rata offer to shareholders of one Bonus Option for every two shares held in the Company, initially announced on 18 May 2017 (Bonus Option Offer). The Bonus Options have an issue price of $0.001 each and will be exercisable at $0.04 each within six months of issue (18 January 2018).

Xped is also pleased to announce that the Bonus Option Offer has been underwritten by Leadenhall Australia Pty Ltd (up to a maximum of 576,436,319 Bonus Options). Details regarding the underwriting arrangements are set out in the Prospectus.

Participation in the Bonus Option offer is optional and is available exclusively to shareholders of Xped who are registered as holders of Shares at 7pm (AEST) on the Record Date of Thursday 22 June 2017 and whose registered address is in Australia or New Zealand.

The Prospectus, together with a personalised application form, will be dispatched to eligible shareholders on Tuesday 27 June 2017.

To view the updated Appendix 3B in respect of the proposed Bonus Option offer, please visit:
http://abnnewswire.net/lnk/A8KC6G5U


About XPED Ltd

Raya Group ASX:RYG

XPED Ltd (ASX:XPE) is an Australian Internet of Things (“IoT”) technology business. Xped has developed revolutionary and patent protected technology that allows any consumer, regardless of their technical capability, to connect, monitor and control devices and appliances found in our everyday environment. It's as simple as two people shaking hands. By enabling the Internet of Things, Xped's ADRC platform will bring benefit to Manufacturers, Retailers, Service Providers, and Consumers.

At Xped, we’re Making Technology Easy Again.

     


Contact

For more information:
Contact Xped Limited
T: +61-3-9642-0655
F: +61-3-9642-5177
E: info@xped.com
www.xped.com

Corporate Enquiries:
Cameron Low
T: +61-3-9225-5474
E: ir@xped.com



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