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:
About XPED Ltd
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.