Application for quotation of securities - XF1
Released
Released
Announcement PDF
Appendix 2A - Application for quotation of securities
Announcement Summary
Entity name
XREF LIMITED
Announcement Type
New announcement
Date of this announcement
Friday January 24, 2025
The +securities to be quoted are:
Other
Please refer to the response to Q2.3d for further information about the type of securities to be quoted and the
circumstances of the issue.
On 23 November 2022 Xref announced that on the second anniversary following completion of the acquisition of Voice
Project it would pay part of the purchase consideration in Xref script. The 2,906,977 shares represent the payment of the
second and final anniversary acquisition cost instalment.
Total number of +securities to be quoted
ASX +security
code
Security description
XF1
ORDINARY FULLY PAID
Number of +securities to
be quoted
Issue date
2,906,977
24/01/2025
Refer to next page for full details of the announcement
Appendix 2A - Application for quotation of securities
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Appendix 2A - Application for quotation of securities
Part 1 - Entity and announcement details
1.1 Name of entity
XREF 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
ABN
34122404666
1.3 ASX issuer code
XF1
1.4 The announcement is
New announcement
1.5 Date of this announcement
24/1/2025
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Appendix 2A - Application for quotation of securities
Part 2 - Type of Issue
2.1 The +securities to be quoted are:
Other
Please refer to the response to Q2.3d for further information about the type of securities to be quoted and the
circumstances of the issue.
2.2 The +class of +securities to be quoted is:
Additional +securities in a class that is already quoted on ASX ("existing class")
2.3c Have these +securities been offered under a +disclosure document or +PDS?
No
2.3d Please provide any further information needed to understand the circumstances in which you are applying to
have these +securities quoted on ASX, including why the issue of the +securities has not been previously
announced to the market in an Appendix 3B
On 23 November 2022 Xref announced that on the second anniversary following completion of the acquisition of Voice
Project it would pay part of the purchase consideration in Xref script. The 2,906,977 shares represent the payment of the
second and final anniversary acquisition cost instalment.
2.4 Any on-sale of the +securities to be quoted within 12 months of their date of issue will comply with the
secondary sale provisions in sections 707(3) and 1012C(6) of the Corporations Act by virtue of:
The publication of a cleansing notice under section 708A(5), 708AA(2)(f), 1012DA(5) or 1012DAA(2)(f)
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Appendix 2A - Application for quotation of securities
Part 3B - number and type of +securities to be quoted (existing class) where issue has not previously been notified to ASX in an
Appendix 3B
Additional +securities to be quoted in an existing class
ASX +security code and description
XF1 : ORDINARY FULLY PAID
Issue date
24/1/2025
Will the +securities to be quoted rank equally in all respects from their issue date with the
existing issued +securities in that class?
Yes
Issue details
Number of +securities to be quoted
2,906,977
Are the +securities being issued for a cash consideration?
No
Please describe the consideration being provided for the +securities
The 2,906,977 shares represent the payment of the second anniversary and final acquisition cost instalment for the
acquisition of Voice Project.
Please provide an estimate (in AUD) of the value of the consideration being provided per +security for the
+securities to be quoted
0.344000
Any other information the entity wishes to provide about the +securities to be quoted
The shares have been issued at a price of $0.344, calculated in accordance with the terms of the agreement to purchase
Voice Project as announced to ASX on 23 November 2022.
The purpose(s) for which the entity is issuing the securities
To pay for the acquisition of an asset
Please provide additional details
The shares have been issued as the second and final earn-out payment for the purchase of Voice Project as announced
to ASX on 23 November 2022.
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Appendix 2A - Application for quotation of securities
Part 4 - Issued capital following quotation
Following the quotation of the +securities the subject of this application, the issued capital of the entity will
comprise:
The figures in parts 4.1 and 4.2 below are automatically generated and may not reflect the entity's current issued capital if
other Appendix 2A, Appendix 3G or Appendix 3H forms are currently with ASX for processing.
4.1 Quoted +securities (total number of each +class of +securities quoted on ASX following the +quotation of the
+securities subject of this application)
ASX +security code and description
Total number of
+securities on issue
XF1 : ORDINARY FULLY PAID
191,990,243
4.2 Unquoted +securities (total number of each +class of +securities issued but not quoted on ASX)
ASX +security code and description
Total number of
+securities on issue
XF1AU : OPTION EXPIRING 20-FEB-2027 EX $0.50
860,000
XF1AV : OPTION EXPIRING 20-FEB-2027 EX $0.42
612,500
XF1AW : OPTION EXPIRING 20-FEB-2026 EX NIL
185,000
XF1AR : OPTION EXPIRING 05-JUL-2026 EX $0.50
4,020,000
XF1AS : OPTION EXPIRING 05-JUL-2025 EX NIL
406,859
XF1AT : OPTION EXPIRING 05-JUL-2026 EX $0.42
1,343,241
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Appendix 2A - Application for quotation of securities
Part 5 - Other Listing Rule requirements
5.1 Are the +securities being issued under an exception in Listing Rule 7.2 and therefore the
issue does not need any security holder approval under Listing Rule 7.1?
No
5.2 Has the entity obtained, or is it obtaining, +security holder approval for the issue under
listing rule 7.1?
No
5.2b Are any of the +securities being issued without +security holder approval using the
entity's 15% placement capacity under listing rule 7.1?
Yes
5.2b.1 How many +securities are being issued without +security holder approval using the
entity's 15% placement capacity under listing rule 7.1?
2,906,977 shares
5.2c Are any of the +securities being issued without +security holder approval using the
entity's additional 10% placement capacity under listing rule 7.1A (if applicable)?
No
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