Placement
We offer a streamlined, off-market solution for ASX listed companies seeking to place stock directly with individual investors, funds, or other financial organisations. Our team facilitates the entire process, ensuring a smooth and efficient transaction between the company and the targeted investor(s).
Why Work With Us
Securities Vault’s expertise and extensive network enable us to match companies with the most suitable investors, optimising the outcome for all parties. Whether you’re looking to raise capital, diversify your shareholder base, or build strategic relationships, our Placement service provides a tailored, discreet, and effective solution.
Step 1: Establish Your Capital Placement Facility
The first step involves setting up your Capital placement facility with us, Securities Vault. You’ll enter into a facility agreement that outlines the terms and conditions. A short form prospectus containing key details about the facility will be prepared and announced publicly, making potential investors aware of this alternative capital raising option for your company.
Step 2: Initiate a Drawdown When Needed
When your company identifies a need for capital, you’ll have the flexibility to initiate a drawdown. This involves issuing a formal notice to us specifying the minimum price you’d accept for new shares and the maximum number you’d like to issue. You have the option to amend or cancel the drawdown notice at any time, providing you with significant control over the capital raising activity.
Step 3: Efficient Share Sale and Settlement
Throughout the process, you’ll receive daily trading reports for complete transparency. Within five (5) business days of the week when share sales occur, we will transfer the net proceeds from the sale directly to your company. We’ll also provide a settlement notice confirming the sale details. Upon receiving this, your company will issue a corresponding number of new shares to us, which we’ll hold securely according to the facility agreement, ready for any future drawdowns.
Finally, your company will fulfill its regulatory obligation by lodging an ‘Appendix 3B – New Issue Announcement’ with the ASX.
