Notice under section 708A(5) of the Corporations Act 2001
Released
Released
Announcement PDF
ASX Release | 22 November 2024
Notice under section 708A(5) of the
Corporations Act 2001
QuickFee Limited (ASX:QFE) (“QuickFee” or “ Company”) wishes to confirm the issue on 22
November 2024 of 4,375,000 fully paid ordinary shares to related parties of Mr. Dale Smorgon
(Non-executive Chairman) under tranche 2 of the share placement announced on 3 May 2024,
and subsequently approved at the Annual General Meeting of the Company on 20 November
2024, as follows:
Type
Shares
Class/description
Fully paid ordinary
ASX code
QFE
Date of issue
22 November 2024
Number issued
4,375,000
Issue price per security
A$0.08
Amount raised
A$350,000
This notice is given under section 708A(5)(e) of the Corporations Act 2001 (Cth) (“Act”). The Act
restricts the on-sale of securities issued without disclosure, unless the sale is exempt under
section 708 or section 708A of the Act. Through the release of this notice by the Company, a sale
of the shares noted above will fall within the exemption in section 708A(5) of the Act and they will
be able to be traded immediately.
Accordingly the Company gives notice under section 708A(5)(e) of the Act that:
1.
the abovementioned ordinary shares were issued without disclosure to investors under
Part 6D.2 of the Corporations Act;
2. this notice is being given under section 708A(5)(e) of the Act;
3. as at the date of this notice QuickFee has complied with:
a. the provisions of Chapter 2M of the Corporations Act as they apply to QuickFee;
and
b. section 674 of the Corporations Act, and
4. as at the date of this notice there is no ‘excluded information’ of the type referred to in
sections 708A(7) and 708A(8) of the Act which is required to be disclosed by QuickFee in
this notice under section 708A(6)(e).
This announcement has been authorised for release by the directors.
— END —
For further information please contact:
Corporate
Simon Yeandle, CFO & Company Secretary
p : +61 2 8090 7700
e : simon.yeandle@quickfee.com
QuickFee Limited (ACN: 624 448 693)
Investors:
Katie Mackenzie
p : +61 455 502 197
e : kmackenzie@belleviewir.com.au
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ABOUT QUICKFEE
QuickFee (ASX: QFE) is a fast-growing financial technology company. Our mission is to help
professional service firms accelerate their accounts receivables and get paid faster. With
multiple online payment options and powerful e-invoicing integrations for practice
management systems, the QuickFee platform speeds up the bill-to-cash cycle for firms.
Through the QuickFee portal, clients can pay their professional service provider with a credit or
debit card, EFT or ACH transfer, or a payment plan over 3-12 months. It allows the client to set
their own pace for payments while the firm gets paid upfront and in full.
QuickFee operates in the United States and Australia and focuses on serving the accounting
and legal professions. For more information, please visit quickfee.com or the QuickFee investor
hub at investorhub.quickfee.com.
QUICKFEE INVESTOR HUB
To stay up to date with the latest news and announcements, access investor-related resources
including ASX releases, video updates, educational material and insights into the QuickFee’s
activities, people and strategic direction, and interact with QuickFee by posting questions and
feedback, we encourage investors to sign up to the QuickFee investor hub.
•
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Visit the QuickFee investor hub at investorhub.quickfee.com
Sign up for a QuickFee investor hub account at investorhub.quickfee.com/auth/signup
Post questions and feedback in the Q&A section.
QuickFee Limited (ACN: 624 448 693)
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