Ocean Guardian creators of Shark Shield announce IPO

Media Release – April 2018

Sydney, 26th April 2018: Following lodgement of its prospectus with ASIC, Ocean Guardian Holdings Limited (Ocean Guardian) has today launched its initial public offering (IPO), providing investors the opportunity to invest in the world’s only scientifically proven and independently tested shark deterrent technology. Nothing is more effective.Ocean Guardian is the manufacturer of electrical shark deterrent products using Shark Shield Technology with product approved by the Western Australian government for rebates and tested by leading independent shark scientists worldwide.

Under the IPO, Ocean Guardian is seeking to raise up to $5,000,000 (before costs) issuing 25,000,000 new Shares at an Offer Price of $0.20 per Share (Offer), with an oversubscription to raise up to a total of $6,000,000.

Lindsay Lyon, CEO of Ocean Guardian says, “We are seeking to raise $5 million to increase global demand for our surf and dive products, along with developing a new range of boat and beach products using existing technology and new technology. We see significant future growth in the boat market addressing consumers who have higher disposable incomes, and a more service driven B to B business model in the beach protection markets with the potential to remove shark nets, the use of drum lines and prevent shark culling; a win for humans, sharks and our environment”.

The prospectus for the Offer is currently available and can be obtained by visiting Ocean Guardian’s website, www.ocean-guardian.com or contacting 1 800 132 009. The Offer is currently the subject of an exposure period, which will open from 10 May 2018 and expected to close on 7 June 2018, with expected date of quotation of Shares on the ASX 28 June 2018.

The Offer will be made in Ocean Guardian’s prospectus.  Any person deciding whether to participate in the Offer should consider the prospectus.  Any person who wants to acquire Shares under the Offer will need to complete the application form contained in the prospectus.  Any applications made during the exposure period will be processed by Ocean Guardian once the exposure period has expired.

Key Dates

Prospectus Date – Lodgement of Prospectus with ASIC 26 April 2018
Opening Date for Applications (9:00am AEST) 10 May 2018
Closing Date for Applications (5:00 PM AEST) 7 June 2018
Issue and allotment of Shares 14 June 2018
Expected despatch of CHESS statements 21 June 2018
Expected date of quotation of Shares on the ASX 28 June 2018


NOTE: This timetable is indicative only. Unless otherwise indicated, all times are in AEDT. Ocean Guardian, in conjunction with the Lead Manager, Emerald Capital Australia Pty Ltd, reserves the right to vary the dates and times of the Offer, including to close the Offer early or to accept late applications, either generally or in particular cases without notification. Investors are encouraged to submit their applications as soon as possible.

For further information or to request an interview with Lindsay Lyon, CEO of Ocean Guardian, please contact 360 PR:
Rachel – 02 9571 4448 or rachel@360pr.com.au