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DATADOT TECHNOLOGY LIMITED — Capital/Financing Update 2009
Jul 22, 2009
64764_rns_2009-07-22_42770b7a-aa1a-4256-99e4-072c7026a23f.pdf
Capital/Financing Update
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DataDot Technology Limited ABN 54 901 908 726
Stock Exchange Announcement
23 July , 2009
Share Allocation and Scale Back Formula
The Board of Directors of DataDot Technology Limited (ASX:DDT) announces that the transfer of shares pursuant to applications from shareholders in response to the offer by TM Consulting Pty Ltd and Bannaby Investments Pty Ltd (set out in the letter of offer to DDT shareholders) has been completed.
A total of 30,787,742 Sub-Underwritten Shares applied for by shareholders in the First Round Offer were allocated in full. A total of 273,810,420 shares applied for in the Second Round Offer exceeded by more than 6 times the 44,386,356 Sub-Underwritten Shares available. Applications were accordingly scaled back in accordance with the scale back policy below.
The scale back formula was as follows:
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First Round Offer ( FRO ) applications will be satisfied in full.
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Second Round Offer applications will be satisfied as follows:
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2.1 if there are sufficient shares available, each shareholder will be allocated the number of Second Round Offer shares for which the shareholder has applied.
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2.2 if there are not sufficient shares to satisfy 2.1, the number of shares available will be allocated in successive rounds in accordance with each participating shareholder’s proportional entitlement until each participating shareholder has been allocated such number of shares as:
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2.2.1 were applied for, or
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2.2.2 are available to be allocated on a proportional basis.
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2.3 a shareholder’s proportional shareholding is A/B
where
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A = the shareholder’s shareholding entitlement at the close of the FRO less the number of any shares acquired by the shareholder since 14 April 2009 otherwise than pursuant to:
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(a) the rights issue announced on 24 March 2009; or
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(b) the FRO
B = the number of shares on issue at the close of the FRO
- TM Consulting and Bannaby Investments may participate in the Second Round Offer only to the extent that their aggregate entitlement as associates does not exceed 20%.
Following allocation of the Sub-Underwritten Shares the Top 50 shareholders and their respective shareholdings are as follows:
DataDot Technology Ltd Fully Paid Ordinary Top 50 Holdings as at 23-07-2009
| Balance at 23-07- | ||
|---|---|---|
| Holder Name | 2009 | % |
| TM CONSULTING PTY LTD | 28,988,403 | 8.426 |
| BANNABY INVESTMENTS PTY LTD | 28,988,403 | 8.426 |
| MR BRENT MCLAWS | 17,735,000 | 5.155 |
| ANZ NOMINEES LIMITED | 15,879,548 | 4.616 |
| DBS VICKERS SECURITIES (SINGAPORE) PTE LTD | 13,746,368 | 3.996 |
| VALKYRIE NOMINEES PTY LTD | 11,185,000 | 3.251 |
| MS SIEW LAN IRENE LIM | 10,478,704 | 3.046 |
| MR WILLIAM CLEUGH | 8,240,187 | 2.395 |
| TAVEANTI PTY LTD | 5,495,000 | 1.597 |
| MR EVAN PHILIP CLUCAS & MS LEANNE JANE WESTON | 5,085,216 | 1.478 |
| MS SUSAN COLDICUTT | 4,900,883 | 1.425 |
| HOUSE OF MAISTER SERVICES LIMITED | 4,159,880 | 1.209 |
| LLOYDS & CASANOVE INVESTMENT PARTNERS LIMITED | 3,743,998 | 1.088 |
| APOLLO SOLUTIONS LIMITED | 3,640,029 | 1.058 |
| CITY & WESTMINSTER LIMITED | 3,640,029 | 1.058 |
| MR ERICK ADRIAANSE | 3,617,623 | 1.052 |
| BANNABY INVESTMENTS PTY LTD | 3,617,623 | 1.052 |
| MS DANIELLE JEANNINE ALLEN | 2,844,945 | 0.827 |
| GAVAN AND JOANNA MURPHY PTY LTD | 2,600,328 | 0.756 |
| THE GENUINE SNAKE OIL COMPANY PTY LTD | 2,417,972 | 0.703 |
| COMADIS PTY LTD | 2,200,000 | 0.639 |
| YARANDI INVESTMENTS PTY LTD | 2,000,000 | 0.581 |
| MR MARK BENEDICT FORSTMANN & MS JOANNE LOUISE LARRATT <MARK FORSTMANN S/F | ||
| A/C> | 2,000,000 | 0.581 |
| MR MAURICE ROBERT RICHARDS | 1,948,500 | 0.566 |
| MS ZITA SIMO | 1,660,000 | 0.483 |
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| MR ROBERT WILLIAM MCLEAN & MRS COLLEEN ANNE MCLEAN | 1,543,296 | 0.449 | |
|---|---|---|---|
| MR BRENDAN IAN FITZPATRICK | 1,500,000 | 0.436 | |
| MR PETER DOMINIC SCUTT | 1,500,000 | 0.436 | |
| MR EVAN PHILIP CLUCAS | 1,500,000 | 0.436 | |
| SAIL AHEAD PTY LIMITED | 1,500,000 | 0.436 | |
| G HARVEY NOMINEES PTY LTD | 1,400,000 | 0.407 | |
| RENLYN BELL INVESTMENTS PTY LTD | 1,400,000 | 0.407 | |
| MR NORMAN COLBURN MAYNE | 1,300,700 | 0.378 | |
| MRS SHERIDA ISTOMIN | 1,300,700 | 0.378 | |
| BANNABY INVESTMENTS PTY LTD | 1,292,000 | 0.376 | |
| MR KEVIN TAY HAK LEONG | 1,278,348 | 0.372 | |
| BANNABY INVESTMENTS PTY LIMITED | 1,235,153 | 0.359 | |
| MR ANTHONY ATHOL CHURCHILL & MRS HEATHER JUNE CHURCHILL | 1,210,000 | 0.352 | |
| SANDY COVE INVESTMENTS PTY LTD | 1,196,720 | 0.348 | |
| MRS JACQUELINE KIM GUN HELLINGS | 1,170,740 | 0.340 | |
| MR BRUCE RATHIE | 1,170,740 | 0.340 | |
| MR PHILIP LAMROCK | 1,152,576 | 0.335 | |
| MR TERRENCE JOHN AHERN | 1,150,883 | 0.335 | |
| ANEX INDUSTRIAL CORPORATION PTY LTD | 1,150,883 | 0.335 | |
| MR KEITH WILLIAM KERRIDGE | 1,033,597 | 0.300 | |
| DR RUSSELL KAY HANCOCK | 1,000,000 | 0.291 | |
| TATVIEW PTY LTD | 1,000,000 | 0.291 | |
| MND AUSTRALIA PTY LTD | 1,000,000 | 0.291 | |
| MARK GANDY ENTERPRISES PTY LTD | 999,000 | 0.290 | |
| MR PAUL JAMES MADDEN | 966,956 | 0.281 | |
| 221,765,931 | 64.462 | ||
| Total IC | 344,028,204 |
Holding statements have been issued to participating shareholders today.
As set out in the Letter of Offer, surplus application moneys will be returned to Shareholders as soon as practicable but in any event no later than 30 July 2009.
Graham Loughlin Company Secretary
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