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IMEXHS LIMITED — Capital/Financing Update 2012
Jan 24, 2012
65120_rns_2012-01-24_8b1f3c79-ae72-4aff-b503-e71ae7a2f85f.pdf
Capital/Financing Update
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ASX: SWW
25 January 2012
Company Announcements Office Australian Securities Exchange Level 4 Exchange Centre 20 Bridge Street Sydney NSW 2000
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ASX Announcement
Completion of Sale of all Securities within the SWW Unmarketable Parcels Sale Facility
Diversified biofuel and resource company SWW Energy Limited (ASX:SWW) ( SWW or the Company ) advises that it has sold all of the ordinary shares which SWW held as sale agent for participating securityholders under the Unmarketable Parcels Sale Facility announced on 24 August 2011 ( Sale Facility ).
Approximately 1,804 SWW shareholders holding a total of 3,497,553 ordinary shares participated in the Sale Facility. The SWW ordinary shares were sold off market at a price of $0.019 per ordinary share, representing the ten day simple average of the last sale prices of the Company’s shares on the ASX for each of the ten trading days immediately preceding the date of the initial Elimination Notice dated 24 August 2011. The proceeds from the sale of the ordinary shares have been despatched today.
As a result of the Sale Facility the number of ordinary shareholders has been reduced from approximately 2,310 to approximately 703.
Mr Matthew Foy Director
About SWW : SWW Energy Limited is a Perth-based diversified biofuel and resource company involved in the marketing and design of biodiesel production and operations