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FAR LIMITED — Capital/Financing Update 2015
Nov 17, 2015
64899_rns_2015-11-17_8f40eb8c-9b95-4fb3-a084-04c1286871d9.pdf
Capital/Financing Update
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18 November 2015
Entitlement Offer closes 5pm today
FAR Limited (FAR) is pleased to confirm its fully underwritten Entitlement Offer announced on October 23, 2015 is to close today on Wednesday, 18 November, 2015 at 5.00 pm.
The Entitlement Offer comprises an offer to shareholders who have a registered address in Australia or New Zealand, on the basis of 1 new share for every 17 existing FAR ordinary shares held at 7.00pm (Melbourne time) on Thursday, 29 October 2015 at an issue price of $0.08 (8 cents) per new share.
FAR’s directors and management strongly support the Entitlement Offer with FAR’s MD Cath Norman, Chairman Nic Limb, and Non-Executive Director Reg Nelson all taking up their respective rights.
Further information in relation to the Entitlement Offer can be found in FAR’s Entitlement Offer Announcement and Capital Raising Investor Presentation located on FAR’s website: www.far.com.au and the ASX's website: www.asx.com.au.
The Entitlement Offer is underwritten by RBC Capital Markets and Bell Potter Securities Limited (Joint Lead Managers).
For more information please contact
Level 17, 530 Collins Street Melbourne VIC 3000 Australia www.far.com.au
FAR Limited Cath Norman Managing Director Gordon Ramsay Executive General Manager, Business Development Media enquiries Ian Howarth Collins Street Media
T: +61 3 9618 2550 F: +61 3 9620 5200 E: [email protected]
T +61 3 9600 1979