Application for quotation of +securities
Announcement Summary
For personal use only
Entity name
JANISON EDUCATION GROUP LIMITED
Announcement Type
New announcement
Date of this announcement
Monday November 29, 2021
The +securities to be quoted are:
+Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B
Total number of +securities to be quoted
ASX +security | Number of +securities to | ||
code | Security description | be quoted | Issue date |
JAN | ORDINARY FULLY PAID | 2,293,403 | 29/11/2021 |
Refer to next page for full details of the announcement
Application for quotation of +securities | 1 / 6 |
Application for quotation of +securities
Part 1 - Entity and announcement details
For personal use only
1.1 Name of entity
JANISON EDUCATION GROUP LIMITED
We (the entity named above) apply for +quotation of the following +securities and agree to the matters set out in Appendix 2A of the ASX Listing Rules.
1.2 | Registered number type | Registration number |
ACN | 091302975 | |
1.3 | ASX issuer code | |
JAN |
- The announcement is New announcement
- Date of this announcement
29/11/2021
Application for quotation of +securities | 2 / 6 |
Application for quotation of +securities
Part 2 - Type of Issue
2.1 The +securities to be quoted are:
+Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B
For personal use only
Previous Appendix 3B details: | ||
Announcement Date and | Announcement Title | Selected Appendix 3B to submit quotation |
Time | request | |
24-Nov-2021 09:32 | New - Proposed issue of securities - | |
A placement or other type of issue | ||
JAN | ||
2.3a.2 Are there any further issues of +securities yet to take place to complete the transaction(s) referred to in the Appendix 3B?
Yes
2.3a.3 Please provide details of the further issues of +securities yet to take place to complete the transaction(s) referred to in the Appendix 3B
Shares issued as part of the consideration for the acquisition of 100% of the shares of Academic Assessment Services Pty Ltd as announced on 24 November 2021. Further issues include the $7m in earn out share consideration to be issued in Q1FY24 subject to a performance condition being a minimum operating revenue target of $11m over FY22 and FY23 combined, and will be adjusted up $0.50 for every $1.00 of operating revenue above $11.0m target and down by $1.00 for every dollar below.
Application for quotation of +securities | 3 / 6 |
Application for quotation of +securities
Part 3A - number and type of +securities to be quoted where issue has previously been notified to ASX in an Appendix 3B
Placement Details
only | ASX +security code and description |
JAN : ORDINARY FULLY PAID | |
Issue date | |
29/11/2021 | |
use | |
Distribution Schedule | |
Provide a distribution schedule for the new +securities according to the categories set out in the left hand column - | |
including the number of recipients and the total percentage of the new +securities held by the recipients in each | |
category. |
personalFor | Total percentage of +securities held | |||
Number of +securities held | Number of holders | For example, to enter a value of 50% | ||
please input as 50.00 | ||||
1 - 1,000 | % | |||
1,001 | - 5,000 | % | ||
5,001 | - 10,000 | % | ||
10,001 - 100,000 | % | |||
100,001 and over | % |
Application for quotation of +securities | 4 / 6 |
Application for quotation of +securities
Issue details
For personal use only
Number of +securities to be quoted
2,293,403
Are the +securities being issued for a cash consideration?
No
Please describe the consideration being provided for the +securities
The shares are to be issued as part of the consideration for the acquisition of 100% of the shares of Academic Assessment Services Pty Ltd as announced on 24 November 2021.
Please provide an estimate (in AUD) of the value of the consideration being provided per +security for the +securities to be quoted
1.308100
Any other information the entity wishes to provide about the +securities to be quoted
N/A.
Application for quotation of +securities | 5 / 6 |
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Janison Education Group Limited published this content on 29 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 November 2021 21:30:12 UTC.