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FRONTIER DIGITAL VENTURES LIMITED — Capital/Financing Update 2018
Jun 12, 2018
64907_rns_2018-06-12_0c5a4813-4279-42b5-9ca0-592b183df96a.pdf
Capital/Financing Update
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ASX Code: FDV
13 June 2018
Entitlement Offer Closing Date Reminder
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Retail component of FDV’s A$14.4m fully underwritten entitlement offer will close at 7:00pm (Melbourne time) on Friday, 15 June 2018
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Eligible retail shareholders are able to subscribe for 1 New Share for every 10 fully paid ordinary shares held at the Record Date at an issue price of A$0.65
Frontier Digital Ventures Ltd (ASX: FDV) ("FDV") reminds eligible shareholders that the closing date for the Retail Entitlement Offer is 7:00pm (Melbourne time) on Friday, 15 June 2018. This closing date will not be extended.
Eligible retail shareholders with a registered address in Australia or New Zealand will be able to subscribe for 1 New Share for every 10 fully paid ordinary shares in FDV held as at 7.00pm (Melbourne time) on the Record Date of 28 May 2018, at the Offer Price of A$0.65 per New Share.
Eligible retail shareholders have been sent a Retail Offer Booklet with further details relating to the Retail Entitlement Offer, along with personalised Entitlement and Acceptance Forms.
The retail component is expected to raise A$3.2m as part of the A$14.4m fully underwritten entitlement offer announced on 23 May 2018. The A$11.2m institutional component of the entitlement offer received strong support from existing and new institutional shareholders.
The Entitlement Offer is fully underwritten by Bell Potter Securities Limited and Morgans Corporate Limited.
Further Information
If you have any questions in relation to the Entitlement Offer, please contact the FDV Offer Information Line on 1300 850 505 (within Australia) or +61 3 9415 4000 (outside of Australia) between 8:30am and 5:00pm (Melbourne time), Monday to Friday. For other questions, you should consult your stockbroker, solicitor, accountant or other professional adviser.
For more information, please contact:
Shaun Di Gregorio
Chief Executive Officer Tel: +60 17 207 6221 Email: [email protected]
Frontier Digital Ventures Ltd 39-8 The Boulevard, Mid Valley City, Lingkaran Syed Putra 59200 Kuala Lumpur, Malaysia Tel: +60 3 2201 0790 www.frontierdv.com
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About FDV Limited
FDV is a leading operator of online classifieds businesses in underdeveloped, emerging countries or regions. With a track record of building and supporting market leading online businesses, FDV is an expert in the online classifieds space with a particular focus on property and automotive verticals and general classifieds websites. Its portfolio currently consists of interests in 15 leading companies, operating businesses across 15 markets. With the extensive support offered to the local operating companies, coupled with its own energy and work ethic, FDV is bringing outstanding companies of global significance to their full potential and setting a new global standard of excellence in the field.
Frontier Digital Ventures Ltd 39-8 The Boulevard, Mid Valley City, Lingkaran Syed Putra 59200 Kuala Lumpur, Malaysia Tel: +60 3 2201 0790 www.frontierdv.com