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FLEXIROAM LIMITED — Capital/Financing Update 2019
Oct 9, 2019
64947_rns_2019-10-09_7c2bb2b6-df5b-47a2-800b-663ba5d60892.pdf
Capital/Financing Update
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10 OCTOBER 2019
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COMPANY’S LISTING ON ASX
Flexiroam Limited (ASX: FRX , Flexiroam or the Company ) advises that the Board has received a number of queries from Australian investors who wish to participate in the Company’s Renounceable Rights Issue announced on 2 October 2019 about its continued listing on the ASX.
The Board wishes to advise that it is firmly committed to the Company's continued listing on the ASX and has no intention to seek de-listing of the Company securities in the foreseeable future.
As stated in the CEO Letter to Shareholders dated 9 August 2019, the Board and Management are fully focussed on preserving shareholder value and increasing wealth over time, and believe Flexiroam is a much stronger Company today than it was even one year ago. The Board strongly believes in the long-term value creation potential of Flexiroam and its strategy to achieve that goal.
The rights the subject of the Renounceable Rights Issue are trading under the ASX ticker FRXR. Trading will end on 17 October 2019. The Renounceable Rights Issue closes on 24 October 2019.
Further Information:
Email the Company at: [email protected]
ABOUT FLEXIROAM LIMITED
FLEXIROAM (ASX: FRX) FLEXIROAM (ASX: FRX) is a global connectivity provider offering data access to travellers across the world. Its service coverage spans across 130 countries with its access to over 580 network operators globally. Flexiroam is affiliated with over 100 travel industry partners including major international airlines to serve customers from over 190 countries and territories.
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