EPX COMPLETES $2.14 MILLION PRIVATE PLACEMENT

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Stock Ep&T Global Ltd (EPX.ASX)
Release Time 24 Dec 2025, 9:18 a.m.
Price Sensitive Yes
 EPX Completes $2.14 Million Private Placement
Key Points
  • Total of $2.14 million Placement completed
  • Supported by existing and new Institutional investors
  • Proceeds to fund acquisition, new revenue opportunities, technology investment, and general working capital
Full Summary

EPX Limited (ASX: 'EPX') has completed a private placement of $2.14 million to existing and new institutional shareholders. The Placement resulted in the issue of 8,572,000 new shares at an issue price of A$0.25 per share. The new securities were issued under the Company's existing capacity, in accordance with ASX Listing Rule 7.1. Neither directors nor related parties participated in this Placement. Pac Partners acted as Lead Broker and received a fee of 6% on new institutional funds raised and 2% for funds raised from existing institutional shareholders. EPX will also provide existing eligible shareholders the opportunity to participate in a Share Purchase Plan (SPP) to raise up to $700,000, at the same issue price as the Placement of A$0.25 per share. The SPP will be offered to shareholders registered as at 7PM (Sydney time) on Wednesday, 17 December 2025 with registered addresses in Australia, New Zealand, Sri Lanka, United Arab Emirates, the Netherlands and the United Kingdom. Eligible shareholders will each be able to apply for up to $30,000 worth of new shares. The proceeds from the Placement and SPP will be used to fund the acquisition of Wattwatchers Pty Limited (Subject to a Deed of Company Arrangement), new revenue opportunities, investment in technology, and general working capital.