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DATADOT TECHNOLOGY LIMITED — Capital/Financing Update 2010
Dec 13, 2010
64764_rns_2010-12-13_5c2a6e57-5a8b-4b0f-9284-956c3cac7357.pdf
Capital/Financing Update
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DataDot Technology Limited ABN 54 091 908 726
Securities Exchange Announcement
14[th] December 2010
Completion of Share Purchase Plan
The Directors of DataDot Technology Limited (ASX:DDT) are pleased to announce completion of the Share Purchase Plan (“Plan”) that closed on 3[rd] December 2010.
Total capital raised under the Plan was $3 million, of which $2.098 million was subscribed by shareholders and the balance of $902,000 funded under the Underwriting Agreement with KTM Capital Pty Limited.
As the Plan was not over-subscribed, and as the issue price of 4.1 cents per share qualifies under Exception 15 of ASX Listing Rule 7.2, there was no Scale Back of applications. All subscribing shareholders will therefore receive the number of shares for which they applied.
Shares are being issued and allotted and holding statements despatched to subscribing shareholders today. For sub-underwriters, shares will be issued and allotted and holding statements despatched on Friday 17[th] December.
Contact Information:
DataDot Technology Limited
Ben Bootle, CEO Phone: +61 (02) 89774900 e-mail: [email protected] web site: www.datadotdna.com