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ASF GROUP LIMITED — Capital/Financing Update 2013
May 1, 2013
64323_rns_2013-05-01_e31cf536-02ca-4cde-8993-d4e20b133830.pdf
Capital/Financing Update
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ActivEX Limited.
A.C.N. 113 452 896 117 Quay Street BRISBANE QLD 4000 P.O. Box 1533 MILTON QLD 4064 P: (07) 3236 4188 F: (07) 3236 4288 E: [email protected]
To the Company Office, Sydney
ASX Release – 2 May 2013 by ActivEX Limited (ASX Code: AIV)
Point of clarification on the 1 May 2013 Announcement of a 3 for 5 Non-Renounceable Entitlement Offer to Raise up to $1.76M
The Directors of ActivEX wish to clarify how the issue of Shortfall Shares will be dealt with under the terms of the announcement made yesterday. Having regard to the application of ASX Listing Rule 7.9 and to Exception 2, and to the announcement made by ASF Group on 16 April 2013, Shortfall Shares, whether taken up in addition to a shareholder's entitlement or whether placed by Directors with the assistance of Patersons Securities Limited, will not be issued until 16 July 2013. This development has regard to the application of Rule 7.9 which precludes the issue of shares within 3 months of a takeover announcement unless they are strictly issued under a pro-rata issue to Shareholders. This change to the Entitlement Offer will still ensure that Shortfall Shares are allotted within 3 months of the closing date of the Entitlement Offers and in compliance with ASX Listing Rule 7.2 Exception 3.
For further information contact:
Managing Director Doug Young
or
Company Secretary Paul Crawford
on (07) 3236-4188 www.activex.com.au
Paul Crawford Company Secretary ActivEX Limited