CLEANSING NOTICE
Released
Released
Announcement PDF
08 April 2024
ASX ANNOUNCMENT – CLEANSING NOTICE
Notice pursuant to Section 708A(5)(e) of the Corporations Act
This notice is provided by AVA Risk Group Limited (AVA) for the purposes of Section 708A(5)(e) of the Corporations
Act 2001 (Corporations Act).
AVA today issued 23,076,924 fully paid ordinary shares (Shares) pursuant to a placement as announced to ASX on
28 March 2024. It is noted that a total of $3.0 million was received by the Company in consideration for the Shares.
These funds will be applied to general working capital, resourcing and infrastructure for contract requirements, ongoing
product development as well as to fund large scale Detect programs.
For the purposes of Section 708A(5)(e) of the Corporations Act, the Company gives notice of the following in respect
of Shares:
1.
The Shares were issued without disclosure to investors in accordance with Part 6D of the Corporations Act.
2.
The Company, as at the date of this notice, has complied with:
3.
(a)
the provisions of Chapter 2M of the Corporations Act as they apply to it; and
(b)
Section 674 and 674A of the Corporations Act.
There is no excluded information, as defined in sections 708A(7) and 708A(8) of the Corporations Act, as at the
date of this notice.
This notice is authorised for release by the Board of Directors.
Kim Larkin
Company Secretary
Phone +61 448 690364
About Ava Risk Group
Ava Risk Group is a global leader in providing technologies and services to protect critical and high value assets and
infrastructure. It operates three business segments – Detect, Access and Illuminate. The Detect segment
manufactures and markets ‘smart’ fibre optic sensing systems for security and condition monitoring for a range of
applications including perimeters, pipelines, conveyors, power cables and data networks. Access is a specialist in
the development, manufacture and supply of high security biometric readers, security access control and electronic
locking products. Illumination specialises in the development and manufacture of illuminators, ANPR cameras and
perimeter detectors. Ava Risk Group products and services are trusted by some of the most security conscious
commercial, industrial, military and government clients in the world. www.theavagroup.com
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