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HARRIS TECHNOLOGY GROUP LIMITED — Capital/Financing Update 2008
Nov 12, 2008
65074_rns_2008-11-12_b32d49d8-e3a4-4a52-88ed-3fd0192f3d44.pdf
Capital/Financing Update
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13 November 2008
Australian Stock Exchange Limited Companies Announcements Office 4[th] Floor 20 Bridge Street SYDNEY NSW 2000
ACQUIRES BALANCE OF TORQUE COMMUNICATIONS BUSINESS
Further to yesterday’s announcement that Swish Group has acquired all of the shares in Swish Torque Communications which it does not already own, the consideration for the purchase will be the issue of up to 8,000,000 fully paid ordinary shares in Swish Group in tranches over the next 12 months at the market price at the time of issue, based on the performance of the Swish Torque Communications business in the 2009 financial year. The shares will be issued under the ASX “15% Rule” and, accordingly, shareholder approval will not be sought for the issue of the shares.
If you require any further information please contact Cary Stynes.
Yours sincerely
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CARY P STYNES Managing Director