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Australian Bond Exchange Holdings Limited (ASX:ABE)

ALERT: Price-sensitive ASX Announcement for ABE
Current share price for ABE : $0.013 -0.02 (-60.61%)+
Release
2 Mar 2026 9:12AM
Price at Release
$0.033
Full Release
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Summary
Australian Bond Exchange Holdings Limited (ABE Holdings), a company listed on the ASX under the ticker ABE, has completed a placement of ordinary shares, raising $982,071.27 through the issuance of 32,735,709 fully paid ordinary shares at a price of $0.03 per share. This transaction was settled on 24 February 2026. The shares were issued in compliance with the ASX Listing Rules 7.1 and 7.1A, and the funds will be used for working capital and corporate purposes. The company also announced a proposal to issue 'attaching options' to placement participants, contingent on shareholder approval. Each participant may receive one unlisted option for each share subscribed, and an additional piggyback option upon the exercise of the unlisted option. The unlisted options have an exercise price of $0.03 per share and expire 12 months from issuance, while the piggyback options have an exercise price of $0.06 per share and expire on 28 February 2028. If all options are exercised, ABE could potentially raise an additional $2,946,213.81, significantly enhancing its financial position.
Key Points
  • Australian Bond Exchange Holdings Limited completed a $0.98m placement.
  • 32,735,709 shares issued at $0.03 per share.
  • Settlement occurred on 24 February 2026.
  • Funds raised for working capital and corporate purposes.
  • Proposed attaching options subject to shareholder approval.
  • Unlisted options have a $0.03 exercise price, 12-month expiry.
  • Piggyback options have a $0.06 exercise price, expiry in 2028.
  • Total potential proceeds of $2,946,213.81 if all options exercised.
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.