Entitlement Offer Booklet
| Stock | TZ Ltd (TZL.ASX) |
|---|---|
| Release Time | 16 Jun 2026, 9:39 a.m. |
| Price Sensitive | Yes |
TZ Ltd Announces Non-Renounceable Entitlement Offer
- Entitlement Offer of 1 New Share for every 4 Existing Shares at $0.03 per share
- Offer represents 16.7% discount to last traded closing price
- Funds to be used for debt repayment, acquisition, and product development
- Offer closes on 8 July 2026
- Important notices and disclaimers provided in the Offer Booklet
TZ Ltd has announced a non-renounceable pro rata entitlement offer to raise approximately $2.58 million (before costs) by issuing new shares at $0.03 each. Eligible shareholders can subscribe for 1 new share for every 4 existing shares held on the record date of 19 June 2026. The offer represents a 16.7% discount to the last traded closing price of $0.036. The offer is set to close on 8 July 2026, unless extended. The proceeds will be used for repaying the Causeway debt facility, acquiring Keyvision's deferred consideration, product development, future debt coverage, working capital, and costs associated with the offer. Shareholders are advised to read the Offer Booklet and consult their financial advisers before making any decisions.
Approximately $2.58 million (before costs) to be raised through the Entitlement Offer
Proceeds to be used for debt repayment, acquisition, product development, future debt coverage, and working capital