SPP Completion and Shortfall Placement
Released
Released
Announcement PDF
ASX ANNOUNCEMENT
6 October 2026
FOS Capital Limited
ABN: 76 637 156 275
Unit 3B, 41 Rose Street
Richmond, VIC 3121
info@foscapital.com.au
SPP Completion and Shortfall Placement
FOS Capital Limited (ASX: FOS) (“FOS” or the “Company”) is pleased to announce the
completion of its Share Purchase Plan (SPP) which closed on Friday 2nd
October 2026.
SPP Capital Raised and Shortfall Details
The completion of the SPP and associated shortfall placement, together with the recently
completed $1.55 million institutional placement, brings total funds raised under the capital
raising to $1,826,815.
Further to this Directors have also committed to subscribe for New Shares, raising $310,000,
subject to shareholder approval at the Annual General Meeting being held on 28 October 2026.
The SPP targeted a total capital raise of up to $750,000, of which the Company received valid
applications totalling $130,500 (1,037,507 new fully paid ordinary shares issued at $0.12 per
share). In accordance with the terms of the SPP offer document, the Board has placed a total of
$146,315 through the issue of 1,219,292 new fully paid ordinary shares to investors who
participated in the shortfall placement.
Shortfall placement shares will be issued at $0.12 per share, being the same issue price under
the placement announced on 9 September 2026. The shortfall placement was made to existing
and new sophisticated investors. The new shares issued under the SPP, and shortfall placement
will rank equally with existing fully paid ordinary shares on issue.
A total of $276,815 was raised from the SPP and shortfall placement.
Shares issued under the SPP, and shortfall placement will be issued on Thursday 8th
October
2026.
Funds raised under the Placement and SPP will be used to:
• Support working capital requirements associated with the Queensland Schools Lighting
Upgrade Program;
• Fund the ongoing build-out and growth initiatives within Aldridge Traffic Systems (“ATS”);
• Complete the Company's cost reduction and operational efficiency program; and
• Provide additional general working capital.
This announcement has been authorised for release to the ASX by the FOS Capital Limited
Board of Directors. Any forward-looking statements are subject to market risks
and uncertainties.
Contact
Con Scrinis
Managing Director
con@foslighting.com.au
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