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Bridge SaaS Limited (ASX:BGE)

ALERT: Price-sensitive ASX Announcement for BGE
Current share price for BGE : $0.022 0 (0%)+
Announcement
Release
29 May 2026 9:05AM
Price at Release
$0.022
Full Release
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Summary
Bridge SaaS Limited has announced a pro-rata non-renounceable entitlement issue of Loyalty Options to its shareholders as a bonus offer. Eligible shareholders will receive one Loyalty Option for every ten shares they hold. These options have no issue price, can be exercised at $0.03 each, and will expire on May 31, 2031. The offer is made to thank shareholders for their support and to allow them further participation in the company's future development. The Loyalty Options are non-transferable and unquoted initially, but the company intends to seek ASX quotation for them. The offer is not underwritten, and no funds will be raised directly from the issue of these options. However, if all options are exercised, the company could raise approximately $599,475.93. This initiative is part of Bridge's strategy to enhance shareholder value and continue its growth in providing SaaS-based CRM and workflow solutions.
Key Points
  • Bridge SaaS Limited offering Loyalty Options to shareholders.
  • One option for every ten shares held.
  • Options exercisable at $0.03, expire May 31, 2031.
  • Non-renounceable and initially unquoted options.
  • No funds raised directly from the option issue.
  • Potential funds from option exercise: approximately $599,475.93.
  • Offer aims to reward shareholder support.
  • Company plans to seek ASX quotation for options.
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.