Notice under Section 708A(5)(e)
Released
Released
Announcement PDF
The Manager
Company Announcements Office
ASX Limited
Level 6, 20 Bridge Street
SYDNEY NSW 2000
NOTICE UNDER SECTION 708A(5)(e) OF THE CORPORATIONS ACT
2 May 2024: Secondary Trading Notice (the 'Notice') Pursuant to Paragraph 708A(5)(e) of the
Corporations Act 2001 (the 'Act')
Adisyn Ltd (ASX: AI1) (Company) advises that it has issued 4,925,000 fully paid ordinary shares on
redemption of outstanding Tranche 1 Convertible Notes and that it has also issued 857,426 fully paid
ordinary shares in settlement of interest payable on the Tranche 1 Convertible Note (T1 Conversion
and Interest Shares).
The Act restricts the on-sale of securities issued without disclosure, unless the sale is exempt under
section 708 or 708A of the Act. By giving this notice, a sale of the shares issued on the 2 May 2024 will
fall within exemption in section 708A(5) of the Act.
The Company hereby notifies ASX under paragraph 708A(5)(e) of the Act that:
1. The Company has issued the Shares without disclosure to investors under Part 6D.2 of the Act;
and
2. as at the date of this Notice, the Company has complied with provisions of Chapter 2M of the
Act as they apply to the Company, and section 674 and 674A of the Act; and;
3. as at the date of this notice, there is no excluded information of the type referred to in sections
708A(7) and 708A(8) of the Corporations Act, other than as set out directly below:
a)
as previously announced to ASX on 17 March 2023 and further updated in the Annual
Report dated 29 September 2023 and Half-year report dated 28 February 2024 the
company sought legal advice in respect of the veracity of a writ of summons and has
subsequently filed its defence. The Company will keep the market informed about these
proceedings in accordance with its continuous disclosure obligations.
An Appendix 2A for the issue of the shares has been released on the ASX on 2 May 2024.This notice
is authorised for ASX release by the Board of Adisyn Ltd.
Yours faithfully,
Kyla Garic
Company Secretary
Adisyn Ltd
Adisyn Ltd | ACN 155 473 304 | 1300 331 888 | 27 Aspiration Circuit, Bibra Lake WA 6163 | adisyn.com.au
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