Page 74 - OneVue Annual Report 2015

Notes to the financial statements

Note 20. Equity - issued capital (continued)

Movements in ordinary share capital Date No of Issue $'000
1 July 2013 shares price 19,825
Details 31 August 2013 (‘000)
Balance 18 November 2013 76,414 $0.26 1,167
Issue of shares 30 November 2013 4,504 $0.26 5,551
Issue of shares 20 December 2013 21,183 $0.26 1,039
Issue of shares 31 December 2013 3,964 $0.26
Issue of shares employee share scheme $0.26 52
Issue of shares 200 234
Share issue transaction costs, net of tax 893 (358)
Issue of shares on the exercise of options
Balance 21 May 2014 6,766 $0.35 -
Issue of shares – IPO 30 June 2014 113,924 27,510
IPO transaction costs 25 July 2014 40,006 14,002
Business acquisition 25 July 2014
Issue of shares employee share scheme 31 August 2014 12,286 $0.35 (974)
Repayment of loans by shareholders 14 November 2014 26 $0.26 4,300
Balance 1 June to 30 June 2015
30 June 2015 166,242 7
294
45,139

Ordinary shares
Ordinary shares entitle holders to receive dividends payable to ordinary shareholders and the right to vote on
matters of corporate policy and the composition of the members of the board of Directors. The fully paid ordinary
shares have no par value and OneVue does not have a limited amount of share capital.

On a show of hands every member present at a meeting in person or by proxy shall have one vote and upon a poll
each share shall have one vote.

Share buy-back

There is no current on-market share buy-back.

Capital management
OneVue's objectives when managing capital is to safeguard its ability to continue as a going concern, so that it can
provide returns for shareholders and benefits for other stakeholders and to maintain an optimum capital structure
to reduce the cost of capital.

In order to maintain or adjust the capital structure, OneVue may adjust the amount of dividends paid to
shareholders, return capital to shareholders, issue new shares or sell assets to reduce debt.

OneVue would look to raise capital when an opportunity to invest in a business or company was seen as value
adding relative to the current company's share price at the time of the investment.

74 - ONEVUE ANNUAL REPORT 2015