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ADSLOT LTD. — Director's Dealing 2018
Mar 6, 2018
64306_rns_2018-03-06_070ef404-77a8-4512-9fcf-52585352ad8f.pdf
Director's Dealing
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ASX Announcement 7[th] March 2018
Closure on Directors’ Margin Loans
Further to the “Supplementary Disclosure – Appendix 3Ys” released on 21 February 2018, Adslot Ltd (ASX: ADJ) (“Adslot” or “the Company”) is pleased to confirm the following*:
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the Lender has confirmed that the original 30,815,940 Secured Shares were previously disposed of in the normal course of trading prior to February 2017;
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the remaining 6,694,395 Margin Shares held by the Lender were disposed on the market on 6 March 2018 (“Disposal Shares”);
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the Disposal Shares were purchased by Executive Chairman Andrew Barlow (see separate Appendix 3Y filed earlier today) and another major, long-term shareholder;
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accordingly, all shares that were previously the subject of the Director margin loan arrangements have now been disposed of, with the result that those margin loan arrangements now cease completely to have any continuing application to Adslot;
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no other director or executive margin lending arrangements exist in respect of Adslot shares.
- all definitions as per previous ASX release entitled “Supplementary Disclosure – Appendix 3Ys” dated 21 February 2018.
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For further enquiries, please contact:
Andrew Barlow Ben Dixon Executive Chairman Interim Chief Executive Officer Adslot Limited Adslot Limited [email protected] [email protected]
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