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Allotment and issue of placement shares

On 16 April 2019 Altech Chemicals Limited (Altech/the Company) (ASX:ATC) (FRA:A3Y) announced the successful completion of an A$18 million (before costs) placement of shares (“placement”) to a variety of professional and sophisticated investors at $0.1085 per share.

A total of 167,993,857 shares will be issued for the placement in two tranches. 131,127,497 shares are issued on 26 April 2019 in accordance with the Company’s available placement capacity.


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