Section 708 Notice and Appendix 3B - Exercise of Listed Options
1. Oilex Ltd (the “Company”) advises that on 3 November 2014 it allotted and issued 2,000 ordinary shares upon the exercise of 2,000 listed 15 cent options.
2. In accordance with subsection 708A(6) of the Act, the directors of the Company advise that:
i) the Company issued the securities without disclosure to investors under Part 6D.2 of the Act;
ii) this Notice is being given pursuant to subsection 708A(5)(e) of the Act;
iii) as at the date of this Notice, the Company has complied with:
(a) the provisions of Chapter 2M of the Act as they apply to the Company; and
(b) section 674 of the Act; and
iv) as at the date of this Notice, the Company is not in possession of any excluded information as defined in subsections 708A(7) and 708A(8) of the Act.
The Company advises that application has also been made for the admission to trading on the AIM Market and it expects the shares to be admitted to trading on the AIM Market on 7 November 2014.
To view the entire document, please click on the link below. Appendix 3B including s708A