Details of Zoono Group's Rights Issue

Zoono Group Limited (ASX: $ZNO) has announced a pro rata non-renounceable Rights Issue to Eligible Shareholders. The offer entails one (1) New Share for every two (2) existing Shares held by Eligible Shareholders on the Record Date at an issue price of $0.027 per New Share, aiming to raise approximately $2,884,644 (before costs). The Offer opens on 5 April 2024 and closes at 5:00pm (AEST) on 26 April 2024. Evolution Capital Pty Ltd is partially underwriting the Offer, and the Offer Document contains essential information, including eligibility, underwriter details, and restrictions for overseas shareholders.

Executive Commentary on Zoono Group's Rights Issue

The Offer Document provides a comprehensive overview of the Rights Issue, outlining the terms, underwriting arrangements, and important considerations for shareholders. Shareholders are encouraged to carefully review the Offer Document and seek professional advice before making any decisions regarding the new shares. The Company remains committed to transparent communication and compliance with continuous disclosure obligations.

Summary of Zoono Group's Rights Issue

Zoono Group Limited (ASX: $ZNO) has initiated a pro rata non-renounceable Rights Issue, offering one New Share for every two existing Shares to Eligible Shareholders. The issue price of the New Share is set at $0.027, with the aim to raise approximately $2,884,644 (before costs). The Offer, which opens on 5 April 2024 and closes on 26 April 2024, is partially underwritten by Evolution Capital Pty Ltd. Shareholders are advised to carefully assess the Offer Document, which contains vital information, including eligibility, underwriter details, and restrictions for overseas shareholders. The Company emphasizes the importance of informed decision-making and compliance with regulatory requirements.