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IMEXHS LIMITED — Capital/Financing Update 2015
May 26, 2015
65120_rns_2015-05-26_efeebb08-d5cd-4696-8cb7-041d5831b254.pdf
Capital/Financing Update
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ASX: SWW
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27 May 2015
Market Announcements Platform Australian Securities Exchange Level 4 Exchange Centre 20 Bridge Street Sydney NSW 2000
Extension of Offer Close Date
SWW Energy Limited (to be renamed Omni Market Tide Limited) ( Company ) advises that it has extended the indicative closing date of the Offer made under a Prospectus (dated 4 May 2015) to 5 June 2015.
The Board is pleased to advise that the $5 million Prospectus Offer is over-subscribed and the Company is currently ensuring all regulatory requirements are met prior to officially closing the Offer.
Incoming Managing Director Megan Boston said it was very pleasing to have the Offer oversubscribed and that she looked forward to closing the Offer and listing on the ASX as soon as possible.
“ Both in Australia and Asia the interest in the Omni Market Tide App has been astounding. The consensus around the Australasian region over the past few weeks has seen many institutions and advisers agree, like the Company, that the OMT App is set to be a major disruption to traditional shareholder communication tools. We are excited to soon close the Prospectus Offer and hit the ground running. ”
As a result, the indicative timetable for the Offer will now be as follows:
| As a result, the indicative timetable for the Offer will now be as follows: | |
|---|---|
| Annual General Meetingdate and Suspension on ASX | 29 May2015 |
| Approval of Consolidation of Capital | 29 May2015 |
| Tradingin the re-organised securities on a deferred settlement basis starts | 2 June 2015 |
| Last dayfor entityto register transfers on apre-reorganisation basis | 4 June 2015 |
| First dayfor entityto send notice to each securityholder | 5 June 2015 |
| ClosingDate of Prospectus Offer1 | 5 June 2015 |
| Allotment and issue of New Shares and Options under Prospectus | 9 June 2015 |
| Completion of GRT AppPtyLtd Acquisition | 9 June 2015 |
| Consolidation issue date – deferred settlement market ends | 12 June 2015 |
| Expected date of Re-quotation on ASX | 19 June 2015 |
- Subject to all applicable laws and the ASX Listing Rules, the Company reserves the right to close the Offer early or later than as indicated above without prior notice.
For further information please contact:
Stuart Foster Director
SWW Energy Limited Tel: +61 8 9486 4699
SWW Energy Limited Office J, Level 2 1139 Hay St West Perth WA 6005 P: +61 8 9486 4699 F: +61 9486 4799