ECP Emerging Growth Limited

Convertible Notes Offer

Offer Summary

  • Issuer

    ECP Emerging Growth Limited (ECP)

  • Security Name

    ECP Emerging Growth Unsecured Convertible Note

  • Security Price

    $1.43

  • Size

    Up to $12.5 Million

  • Interest Rate

    1. From the Issue Date until the First Step-Up Date: Fixed at 5.5% per annum paid quarterly; and
    2. From First Step-Up Date 6.5% per annum.
    First Step-Up Date: 11 April 2025 Step-Up will only occur if the 2-year Bank Bill Swap Rate (or its successor) as set on the First Step-Up Date, is above 2.5859%. If Step-Up does not occur, the Interest Rate will remain fixed at 5.5%.

  • Maturity Date

    11 April 2027

  • Conversion Period

    The Conversion Period commences on the second anniversary of the Initial Issue Date of the Securities and ends 10 Business Days prior to the Maturity Date.

  • Conversion Price

    $1.43, subject to adjustment for certain dilutionary and other capital transactions by ECP.

  • Priority Offer

    Any person who has a registered address in Australia and who, as at the Priority Offer Record Date, was a shareholder in ECP or any other party as determined by ECP in its discretion.

The Prospectus

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The Prospectus contains further details of the Offer, its terms, and a description of the risks associated with an investment.

It is important that potential investors read the entire Prospectus carefully and consider the risks before deciding whether to participate in the Offer.

Investors should also consider the Target Market Determination (TMD). The TMD is a regulator-led document which may be useful when assessing an investment in ECP Notes

Download Prospectus (pdf) Download Target Market Determination (pdf)

Contact Us

If you have any questions in relation to the Offer or how to apply, please email the Share Registry at: enquiries@boardroom.com.au

Or call the ECP Notes Offer Information Line on 1800 352 474 (within Australia) or on +61 7 5644 4406 (International).

Monday to Friday 8:30am to 5:30pm, Brisbane time