1414 Degrees is please to advise the SPP is near target and will be extended for an additional week to now close on Friday, 20 September 2024.
Under the SPP, eligible shareholders are invited to subscribe for up to $30,000 of new fully paid ordinary shares in the Company at an issue price of $0.06 (6 cents) per new Share, free of all brokerage and commissions.
Full details of the offer are contained in an offer booklet which was made available to shareholders and released on the ASX on Friday, 23 August 2024
Revised timetable
| Event | Date |
| Record Date (date for determining shareholders’ entitlements to participate in SPP Offer) | 6:30pm (ACST) Thursday 15 August 2024 |
| Announcement of SPP Offer | Friday 16 August 2024 |
| Despatch of SPP Offer documentation | Friday 23 August 2024 |
| Opening Date for SPP Offer | Friday 23 August 2024 |
| Closing Date for SPP Offer | 4.30pm (ACST) Friday 20 September 2024 |
| Issue of new Shares under the SPP Offer | Friday 27 September 2024 |
| Quotation of new Shares on ASX | Monday 30 September 2024 |
Visit the Share Purchase Plan Offer page for further details: www.1414degrees.com.au/spp