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Activeport Group Ltd (ASX:ATV)

ALERT: Price-sensitive ASX Announcement for ATV
Current share price for ATV : $0.015 -0.007 (-31.82%)+
Announcement
Release
5 Dec 2025 8:20AM
Price at Release
$0.022
Full Release
download
Summary
ActivePort Group Ltd has released a prospectus detailing a non-renounceable bonus issue of 1 new Bonus Option for every 5 Shares held by registered shareholders at the Record Date. The Bonus Options are exercisable at $0.04 each and will expire on 31 January 2028. The purpose of this offer is to reward existing shareholders, provide additional capital opportunities through the exercise of Bonus Options, and remove trading restrictions on Shares issued from Bonus Options. No immediate funds will be raised as the Bonus Options are issued for nil consideration, but approximately $9,095,586 could be raised if all options are exercised. The offer does not require a minimum subscription and shares issued upon exercise will rank equally with existing shares. The offer is non-renounceable and applies only to shareholders in certain jurisdictions, excluding the United States.
Key Points
  • Pro-rata bonus issue of 1 Bonus Option for every 5 shares.
  • Bonus Options exercisable at $0.04, expiring on 31 January 2028.
  • Purpose: reward shareholders, provide potential capital, and remove trading restrictions.
  • No immediate funds raised, potential $9,095,586 if all options exercised.
  • Non-renounceable offer, no minimum subscription required.
  • Shares from exercised options will rank equally with existing shares.
  • Offer applies to certain jurisdictions, excluding the US.
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.