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1414 Degrees Limited (ASX:14D)

ALERT: Price-sensitive ASX Announcement for 14D
Current share price for 14D : $0.080 -0.017 (-17.53%)+
Announcement
Release
26 Jun 2026 9:41AM
Price at Release
$0.097
Full Release
download
Summary
1414 Degrees Limited (ASX: 14D) has announced a Bonus Loyalty Options Offer to its eligible shareholders, offering 1 new option for every 40 fully paid ordinary shares held as of July 2, 2026. These options, termed Loyalty Options, have an exercise price of $0.18 and will expire on July 9, 2030. The offer is non-renounceable, requiring no shareholder action for participation. Additionally, the company has detailed other offers, including the March Placement Options Offer, March Lead Manager Options Offer, June Placement Offer, and June Lead Manager Options Offer. The funds raised through these offers are intended for further development of its Aurora Energy Precinct and other commercial initiatives. The document outlines the capital structure changes due to these offers, with potential funds raised from exercising new options estimated to be around $34 million. These initiatives support 1414 Degrees' strategy in advancing clean-energy solutions and industrial decarbonisation.
Key Points
  • Bonus Loyalty Options Offer with 1 new option for every 40 shares
  • Exercise price of $0.18, expiring July 9, 2030
  • Non-renounceable offer, no shareholder action needed
  • Additional offers include March and June Placement Options
  • Funds to support Aurora Energy Precinct development
  • Potential fundraising of $34 million from option exercises
  • Supports clean-energy and decarbonisation strategy
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.