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BPH ENERGY LTD — Capital/Financing Update 2018
Feb 4, 2018
64555_rns_2018-02-04_a5bc4c7a-be7e-4e4d-8959-927cbe81080e.pdf
Capital/Financing Update
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2 February 2018
Companies Announcements Office ASX Limited 10[th] Floor, 20 Bridge Street SYDNEY NSW 2000
Dear Sir/Madam,
RE: COMPLETION OF RIGHTS ISSUE
Further to the announcement dated 25 January 2018 (uploaded onto the ASX platform on 29 January 2018), the Company is pleased to confirm the final allotments under its Non-Renounceable Rights Issue announced on 12 November 2017:
| Offsets (as identified in | |||||
|---|---|---|---|---|---|
| the Entitlements Issue | |||||
| Number of shares | Cash subscriptions | Prospectus) | |||
| Issued | under | accepted | 184,580,943 | $369,162 | Not applicable |
| rights issue applications | |||||
| Issued | under | accepted | 98,888,987 | $197,778 | Not applicable |
| shortfall | applications | ||||
| Issued | under | offset | 83,015,470 | Not applicable | $166,031 |
| arrangements | |||||
| Totals | 366,485,400 | $566,940 | $166,031 |
The total number of shares issued is less than the 440,055,960 received applications noted in the announcement dated 25 January 2018 as a result of 73,570,560 shortfall applications being rejected.
Yours sincerely
David Breeze Chairman
BPH Energy Ltd ACN 095 912 002 PO Box 317, North Perth, Western Australia 6906 14 View Street, North Perth, Western Australia 6006 [email protected] www.bphenergy.com.au T: +61 8 9328 8366 F: +61 8 9328 8733