Schoolblazer Limited to Issue 1.5 Million Shares at $0.10 in December Placement

Aditi Sarkar

06 November 2026 11:23 AM AEDT

Schoolblazer Limited to Issue 1.5 Million Shares at $0.10 in December Placement

Image Source: Krish Capital Pty Ltd

You are reading a free article with opinions that may differ from the recommendation given by Kalkine in its paid research reports. Become a Kalkine member today to get access to our research reports, in-depth technical and fundamental research. Learn more

Start Your Free Trial Now!

Schoolblazer Limited (ASX:SBZ) has lodged an Appendix 3B with ASX disclosing a proposed placement of 1,500,000 ordinary fully paid shares at an issue price of AUD $0.10 per share, with a proposed issue date of 21 December 2026.

Key Points

Schoolblazer Limited proposes to issue 1,500,000 ordinary fully paid shares at AUD $0.10 each, with an issue date of 21 December 2026.
The placement is being conducted using the company's 15% placement capacity under ASX Listing Rule 7.1, without security holder approval.
Joint lead managers are Blue Ocean Equities and E&P Capital Pty Ltd, with a management fee of 2.0% and a selling fee of 3.0% of placement proceeds.
Proceeds will be used to partially repay the IFM facility at the SBZ parent entity level, and to fund working capital and costs of the offer.

Placement Structure and Pricing

According to the filing lodged on 6 November 2026, Schoolblazer Limited is proposing to issue 1,500,000 ordinary fully paid shares in an existing class of securities. The issue price has been set at AUD $0.10 per share, with consideration to be paid in Australian dollars. The filing states the new securities will rank equally in all respects from their issue date with the existing issued securities in that class. The placement is not being underwritten, and no attaching securities will be offered alongside the proposed issue.

Lead Manager Arrangements and Fees

The filing discloses that Blue Ocean Equities and E&P Capital Pty Ltd have been appointed as joint lead managers to the proposed placement. The company will pay to the lead managers in their respective proportions a management fee equal to 2.0% of the placement proceeds and a selling fee equal to 3.0% of the placement proceeds. The proposed issue is not being underwritten, and no other material fees or costs in connection with the proposed issue were separately disclosed in the filing.

Use of Proceeds and Listing Rule Compliance

The filing states that proceeds from the offer will be used to partially repay the IFM facility at the SBZ parent entity level, reducing SBZ's debt and interest costs, and to fund working capital and the costs of the offer. The 1,500,000 shares are proposed to be issued without security holder approval, utilising the company's 15% placement capacity under ASX Listing Rule 7.1. The filing also confirms that no securities proposed to be issued will be restricted securities or subject to voluntary escrow, and the company's dividend policy will not change if the proposed issue proceeds.

Download Free Report – Explore 3 Stock Ideas & Industry Insights

Unlock 3 stock ideas and key industry insights in our free report. This information is general in nature and does not consider your personal objectives, financial situation, or needs. It is not financial advice.

All investments involve risk—consider independent advice before making any investment decisions.

View 3 Research Reports

Disclaimer:

This article (“Article”) has been prepared by Kalkine Pty Limited (ABN 34 154 808 312) (Australian financial services licence number 425376) (“Kalkine”) and its related bodies corporate who are authorised to provide general financial product advice. Kalkine.com.au and its associated pages are published by Kalkine.

Any information/advice provided in this article is general in nature and does not take into account your objectives, financial situation or needs. You should therefore consider whether the information is appropriate for your objectives, financial situation and needs before acting upon it.

There may be a Product Disclosure Statement, Information Memorandum or other offer document (“Offer Document”) for the securities or other financial products referred to in Kalkine articles. You should obtain a copy of the Offer Document and consider it before making any decision about whether to acquire the security or financial product.

Kalkine strongly recommends that you seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice) before acting on any advice/information in this Article or on the Kalkine website. Not all investments are appropriate for all people.

The information in this Article and on Kalkine website has been prepared from a wide variety of sources, which Kalkine, to the best of its knowledge and belief, considers accurate. Kalkine has made every effort to ensure the reliability of the information contained in its articles (including this Article), newsletters and websites. All information represents our views at the date of publication and may change without notice.

The information in this Article does not constitute an offer to sell securities or other financial products or a solicitation of an offer to buy securities or other financial products.

Kalkine does not issue, sell or deal in any financial products.

This Article may contain information on past performance of particular investments. Please note past performance is neither an indicator nor a guarantee of future performance.

To the extent permitted by law, and excluding any dishonesty or gross negligence by Kalkine, Kalkine disclaims and excludes all liability for any direct, indirect, implied, punitive, special, incidental or other consequential loss or damage arising from the use of or reliance on this Article, the Kalkine website and any information published on the Kalkine website without any warranties or representations by Kalkine to you. To the extent the law prohibits or limits this exclusion, Kalkine limits its liability to the resupply of services.

Please also read our Terms & Conditions and Financial Services Guide for further information.

Employees and/or associates of Kalkine and its related entities may hold interests in the securities or other financial products covered in this Article or on the Kalkine website. Any such employees and associates are required to comply with certain safeguards, procedures and disclosures as required by law.

Some of the images/music that may be used in the Article are copyright to their respective owner(s). Kalkine does not claim ownership of any of the pictures displayed/music used in the Article unless stated otherwise. The images/music that may be used in the Article are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated or was found to be necessary.

Kalkine Media Pty Ltd, an affiliate of Kalkine Pty Ltd, may have received, or be entitled to receive, financial consideration in connection with providing information about certain entity(s) covered on its website.