Healthy Co Limited Frequently asked questions

The Company is facilitating a matching service (Service) for people to buy and sell Shares through the System.

The Company will make the Service available for a set number of days. This is referred to as the Trading Event. The Trading Event will be open from the time the Company declares it open until the time it designates that it is closed.

Sellers: Anyone who is an existing shareholder of the Company when the Trading Event opens can sell their Shares.

Buyers: Anyone who is an existing shareholder of the Company, and any other person that the Company invites to participate in the Service.

Any person who is an Associated Person of the Company will be required to make certain disclosures on the System if they are either buying or selling any Shares. This is set out in more detail here and in the Participation Agreement.

The minimum will vary event to event.

A seller’s offer volume will be restricted to the number of Shares that are held for or on behalf of that seller at the start of the Trading Event.

All secondary transactions will take place at $17.36 per share - the same price as the most recent round, representing an approximate 35% increase from the 2023 raise price of $12.75 per share.

You will need to login or click here to access the Trading Event.

As part of the login process, you will need to sign the Participation Agreement. You can sign this electronically by typing your initials.

Once you have signed the Participation Agreement, you can then browse the Trading Page and read the Company’s Trading Report.

You can then enter the number of Shares and the price you are willing to sell at.

You will be required to go through an identity and verification process described in more detail in the FAQ "What are the Identity Checks that will be undertaken on me as a seller".

The Company will send you a confirmation email with details of next steps.

Once your offer has been confirmed, you will be sent updates by the Company during the Trading Event and be notified of tentative results when the Trading Event closes.

The Company will confirm the final results when the Identity Checks have been completed on all participants.

Yes. You will need to sign an electronic transfer form which can be signed electronically by typing your initials.

There is a 4% + GST fee payable by sellers upon the successful sale or purchase of Shares. If your order is not fulfilled, then you will not be charged a fee. The fee will be deducted from the final amount payable to the seller.

These are generally identity verification checks and confirmation of bank account details. The precise checks may change depending on the value of your offer. These are set out in more detail in the Participation Agreement.

Yes, provided that you comply with any minimum size offer requirements.

Yes, provided that you do so before the Trading Event closes.

Yes. If a seller makes an offer, or a buyer makes a bid, at any time within the last 30 minutes of the Trading Event (referred to as a Late Action), the Trading Event will automatically be extended by 30 minutes.

If the Late Action has the effect of changing the clearing price by more than 5%, the Trading Window will automatically be extended by 60 minutes.

There may be a surplus of buyers or sellers at the final clearing price.

If there are multiple parties offering to sell and bidding to buy Shares at the final clearing price, buyers and sellers will be matched on a ‘first in, first served’ basis. Shares will not be allocated on a pro-rated basis.

Yes. The price is not finalised until all buyer funds have been collected. While buyers are legally obliged to fund the purchase of shares, practically there maybe circumstances where these funds cannot be collected.

We target having all transfers completed within 10 business days of confirmation of the final Market Clearing Price. If any delays are likely to occur will be notify you in advance. This will depend on how quickly we can clear all regulatory investor checks.

In most circumstances, within 14 business days of confirmation of the final market clearing price.

Participants in this secondary transaction event will be charged a 4% (plus GST) administration fee for successfully selling shares. The 4% (plus GST) fee will be deducted before funds are transferred to your bank account. If your order is not fulfilled, then you will not be charged a fee.

Associated Persons are permitted to sell or buy Shares, but they are required to:

• disclose their intentions in the Trading Report;
• restrict the period of lodging any offer or any bid to before the final 48 hours of the Trading Event closing; and
• identify themselves as an Associated Person at the time of the offer/bid, which will then be published on the Trading Page.

When a trade with an Associated Person is completed, disclosure details of all Shares bought or sold by such Associated Person will be published on the ‘updates’ section of the Trading Page.

The Company will publish a Trading Report on the Trading Page. The Trading Report will contain information about its business and operations, as well as financial information.

If there is a material event during the Trading Event, the Company will update the Trading Report and this will be shown on the ‘updates’ tab of the Trading Page. Further detail is set out in the Participation Agreement.

The Company will disclose material information affecting the Company during the Trading Event. This is described more fully in the Participation Agreement.