 NASDAQ:BNTCW Benitec or the Company announces it has entered into a securities purchase agreement SPA with certain sophisticated and professional investors in the United States Investors to issue 2,800,000 American Depositary Shares ADSs, with each ADS representing 20 fully paid ordinary shares, at a purchase price of US0.70 per ADS, in a registered direct offering. The Investors will also be issued warrants to purchase up to 412,863 ADSs in aggregate, at a purchase price per warrant equal to US0.6999 per ADS to be issued on exercise of the warrant Pre-Funded Warrants. The Pre-Funded Warrants may be exercised at any time from issue, in whole or in part, at an exercise price of US0.0001 per ADS issued on exercise subject to certain adjustments, provided that the beneficial ownership of the relevant Investor in the total number of ADSs on issue may not exceed 9.99. 