SciDev sets 2025 AGM date, seeks approval for director elections and equity placement

SciDev Limited will hold its 2025 Annual General Meeting (AGM) on Thursday, 20 November 2025, at 1:00 PM AEDT in Sydney. Shareholders will consider the company's financial report for the year ended 30 June 2025 and vote on several key resolutions. These include the adoption of the remuneration report, the election of Mr. Johannes Risseeuw as a director, and the re-election of Mr. Jon Gourlay as a director.

A special resolution seeks shareholder approval for an additional 10% placement capacity. This would allow SciDev to issue equity securities up to 10% of its issued capital without further shareholder approval under ASX Listing Rule 7.1A. This capacity could be used for general working capital, business activities, debt repayment, or new acquisitions. Based on a market price of $0.32 per share, a 10% dilution on the current 190,088,581 shares could raise $6,082,835.

Proxy forms must be submitted by 1:00 PM AEDT on Tuesday, 18 November 2025. The chairman intends to vote all undirected proxies in favour of all resolutions.