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Scalare Partners Holdings Limited (ASX:SCP)

ALERT: Price-sensitive ASX Announcement for SCP
Current share price for SCP : $5.210 2.55 (95.86%)+
Announcement
Release
17 Aug 2026 1:10PM
Price at Release
$2.660
Full Release
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Summary
Scalare Partners Holdings Limited has issued a Bonus Options Offer Prospectus dated 17 August 2026. The prospectus outlines an offer of 87 Bonus Options for every 100 shares held by eligible shareholders, as of the record date on 24 August 2026. Additionally, shareholders may receive Piggyback Options when they exercise their Bonus Options. The goal of these options is to protect shareholder value against dilution from the conversion of convertible notes to shares. The company does not anticipate raising direct funds from the options themselves but could realize approximately $64,000 if all options are exercised. The Prospectus aims to cleanse the issuance of shares upon the exercise of options and details the impact on share capital and shareholder dilution under various scenarios. The company emphasizes the importance for shareholders to exercise their options for maximal protection against dilution.
Key Points
  • Bonus Options offer 87 options per 100 shares.
  • Piggyback Options available upon exercise of Bonus Options.
  • Intended to protect against dilution from convertible notes conversion.
  • No direct funds raised from the options; potential $64,000 if fully exercised.
  • Prospectus cleanses shares issued upon option exercise.
  • Shareholder dilution detailed under different scenarios.
  • Record Date for options set for 24 August 2026.
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.