Cleansing Notice
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
18 December 2023: Secondary Trading Notice (the 'Notice') Pursuant to Paragraph 708A(5)(e) of the
Corporations Act 2001 (the 'Act')
Adisyn Ltd (ASX: AI1) (Company) confirms that today it has completed the issue of 1,662,193 fully paid
ordinary shares, the Shares were issued as to employees under the Employee Securities Incentive Plan.
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 18 December
2023 and noted above 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;
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 the company sought legal advice in respect of the
veracity of a writ of summons and has subsequently filed its defence. Given the
proceedings are still at an early stage and discovery and expert evidence have not yet
been given, the Company is unable to quantify any likely financial impact of a successful
claim against the Company. The Company will keep the market informed in accordance
with its continuous disclosure obligations.
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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