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ADVANCED BRAKING TECHNOLOGY LTD (ABV)

Listed on ASX ( $        )

SHARE PRICES

Former (or subsequent) names

Shareholder links

Our website ranking of ABV: rating 5
(5 out of 5)
COMPANY WEBSITE:

 

REGISTRY:

Computershare, Level 2, 45 St Georges Terrace, Perth WA 6000

Tel : +61 8 9323 2000 or 1300 557 010
Fax : +61 8 9323 2033
RegistryWebsite RegistryEmail

Company details

Address: 19 Creative Street, Wangara WA 6065
Tel:  +61 (0) 8 9302 1922 Fax: 08 9201 9986

Date first listed: 28/05/2002
Company Secretary: 
Sector: Automobiles & Components Industry Group: XDJ
Activities: The development and commercialisation of the Wet Brake technology
The suspension of trading in the securities of Advanced Braking Technology Limited will be lifted immediately, following the release by the Company of an announcement regarding the results of the institutional component of the accelerated non-renounceable rights issue. 07/08/2018
A total of ~A$0.44 million was raised under the Accelerated Component of the Entitlement Offer at A$0.002 per New Share. There was strong support from existing Institutional shareholders and Directors of the Company. There is a retail entitlement offer to raise a further ~A$1.04 million which will be open from Friday 10th August 5.00pm WST. The proceeds will be applied to the rollout of the Terra Dura Brake, entry into the European market, continued product development & deployment into global markets and general working capital purposes.07/08/2018
The company releases an offer document for an accelerated non-renounceable pro-rata entitlement offer to Eligible Retail Shareholders of up to 521,652,981 New Shares at an issue price of 0.2 cents per New Share on the basis of one (1) New Share for every three (3) Existing Shares held, to raise up to approximately $1,043,306 (before costs) based on shares currently on issue and in addition to the 219,720,665 New Shares subscribed for under the Institutional Entitlement Offer completed on 7 August 2018 which raised approximately $439,441. Eligible Retail Shareholders may also apply for the Shortfall under the Additional Offer.07/08/2018
ABT requests that the suspension last until 7 August 2018 whereby ABT will release the results of the Institutional Component of the Accelerated Non-renounceable Rights Issue06/08/2018
The securities of Advanced Braking Technology Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of the Company, pending the release of an announcement regarding an announcement by the Company about the outcome of the institutional component of the new accelerated non-renounceable entitlement offer.06/08/2018
securities reinstated to quotation15/05/2008
securities suspended from quotation pending release of an announcement about a capital raising13/05/2008
name changed from Safe Effect Technologies Limited05/11/2007

ASX Announcements (courtesy of ASX)

 

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    Directors' on-market share transactions (last 5)

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    Purchases Sales

    DATEDIRECTORNUMBERPRICEAMOUNT
    08/10/2018Dagmar Parsons5,000,000 $0.002$10,000
    08/10/2018Mark Lindh5,000,000 $0.002$10,000
    15/05/2018Bruce Grey1,500,000 $0.004$6,000
    11/05/2018David Slack10,000,000 $0.004$40,220
    20/03/2018Bruce Grey1,578,916 $0.005$7,915

    Click here for the last 20 transactions all companies

    Directors & Executives (current)

    NAMETITLEDATE OF APPT
    Bruce GreyNon Exec Chairman30/06/2013
    Peter HildebrandtCEO28/08/2017
    Neville WalkerCFO27/08/2014
    Graham AtkinsonCFO14/05/2018
    Mark LindhNon Exec Director27/06/2017
    Dagmar ParsonsNon Exec Director24/04/2018
    Adam LevineNon Exec Director09/04/2013
    David SlackDirector09/09/2009

    Date of first appointment, title may have changed.

    Directors & Executives (former)

    NAMETITLEDATE OF APPOINTMENTDATE OF RESIGNATION
    Graeme SumnerCEO28/01/201431/12/2017
    Clare MadelinCFO11/01/201127/08/2014
    Ken JohnsenCEO, Director30/04/200723/01/2014
    David HumannChairman28/08/200613/09/2013
    Malcolm RichmondNon Exec Director28/08/200604/04/2013

    Date of first appointment, title may have changed.