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CTI Logistics boosts quoted securities through distribution plan

October 2, 2025 at 10:13 AM UTCBy FilingReader AI

CTI Logistics Limited announced an application for the quotation of 174,462 new ordinary fully paid securities to be issued on October 2, 2025. These securities are being issued under a dividend or distribution plan, with an issue price of AUD 1.83 per security. The new securities will rank equally in all respects with existing issued securities in that class from their issue date.

The issue is being conducted under Listing Rule 7.2 exception 4, which permits issues under a dividend or distribution plan that does not impose a limit on participation, without requiring security holder approval under Listing Rule 7.1. The underlying dividend or distribution for this issue was lodged with ASX on August 28, 2025.

Following the quotation, CTI Logistics Limited's total number of quoted ordinary fully paid securities will increase to 80,719,017. The company also has 316,500 unquoted performance rights on issue. This move reflects the company's ongoing capital management strategy through its distribution plan.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

ASX:CLXAustralian Securities Exchange

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