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Computershare Perth
Level 17, 221 St Georges Terrace, Perth WA 6000
Tel : +61 (0)3 9415 4000 or 1300 850 505 (within Australia)
Fax : +61 3 9473 2500
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Company details

ISIN: AU000000ABV7
Address: 73 Inspiration Drive Wangara WA 6065
Tel:  +61 (0) 8 9302 1922Fax: 08 9201 9986

Date first listed: 28/05/2002

Sector: Automobiles & Components Industry Group: XDJ
Activities: The development and commercialisation of the Wet Brake technology

News & Events

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we understand that on or about this date the company consolidated its shares 1 for 10


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.


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.


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.


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 Issue


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.


securities reinstated to quotation


securities suspended from quotation pending release of an announcement about a capital raising


name changed from Safe Effect Technologies Limited



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    Click here for free access to this company's:
    ASX, Legal & CGT Status

    Directors' on-market share transactions (last 5)

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    Purchases Sales

    19/03/2024David Slack253,388$0.047$11,909
    28/02/2024David Slack110,000$0.054$5,900
    28/11/2022David Slack1,050,000$0.039$40,850
    21/11/2022David Slack2,137,491$0.041$88,467
    15/09/2020David Slack291,088$0.033$9,606

    Click here for the last 20 transactions all companies

    Directors & Executives (current)

    Dagmar ParsonsChairman24/04/2018
    Andrew BoothCEO13/01/2022
    Paige ExleyCFO31/10/2019
    Les GuthrieIndependent Director01/08/2023
    Adam LevineNon Exec Director09/04/2013
    Mark LindhNon Exec Director27/06/2017
    David SlackDirector09/09/2009
    Kaitlin SmithCompany Secretary

    Date of first appointment, title may have changed.

    Directors & Executives (former)

    John AnnandCEO22/08/201813/01/2022
    Neville WalkerCFO27/08/201431/10/2019
    Peter HildebrandtCEO28/08/201703/12/2018
    Graham AtkinsonCFO14/05/201810/08/2018
    Bruce GreyNon Exec Chairman30/06/201320/06/2018
    Graeme SumnerCEO28/01/201431/12/2017
    Clare MadelinCFO11/01/201127/08/2014
    Ken JohnsenCEO, Director09/09/200523/01/2014
    David HumannChairman28/08/200613/09/2013
    Malcolm RichmondNon Exec Director28/08/200604/04/2013
    Ross BlakeyCFO12/07/200615/04/2009
    William BuntingTechnical Director06/04/2009
    Christopher CoudounarisNon Exec Director29/04/200519/01/2009
    RM CowanNon Exec Director08/11/200431/12/2006
    John McClellandNon Exec Director12/07/200428/08/2006
    Vincent SweeneyCompany Secretary12/01/200411/05/2005
    Dorota KieronskaExecutive Director14/11/200107/03/2005
    David FieldNon Exec Director12/07/200412/10/2004
    Vic SmithNon Exec Director12/07/200412/10/2004
    Thomas O'BrienNon Exec Chairman14/11/200112/07/2004
    Patrick LyonsNon Exec Director14/11/200112/01/2004

    Date of first appointment, title may have changed.