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IMEXHS LIMITED — Major Shareholding Notification 2008
Feb 21, 2008
65120_rns_2008-02-21_6e792b35-6cc2-48fe-a54e-a3a284db525e.pdf
Major Shareholding Notification
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ASX ANNOUNCEMENT (ASX: ABJ)
22 February 2008
Sale of Shares by Major Shareholder
Australian Biodiesel Group Limited (ABG) has been advised by Transfield Infrastructure Pty Ltd (“Transfield”) that Martin Place Securities Pty Ltd (MPS) has contracted to broker the placement of all shares held by Transfield in ABG. The shares were sold for $3m (approximately 1.15 cents per share).Transfield has been a holder of 56.99% of ABG’s issued capital.
ABG has also been advised that the shares will be placed such that no individual shareholder will own more than 19.9% of the shares in ABG.
The ABG Board expresses it gratitude to Transfield for the valuable support it provided ABG through a very difficult period for the company and the non-disruptive manner in which Transfield and MPS are managing the transfer of the shareholding.
The Board of ABG welcomes the involvement of MPS and its clients. ABG is advised that MPS is Australia’s boutique resources investment firm, with a long term commitment to investment opportunities in small cap companies in the resources and energy sectors. ABG is advised that MPS is well known for identifying and financing early stage resource, energy and technology companies which develop into successful growth companies.
Further information:
Dr John Keniry Chairman, ABG Limited Ph: 0428 672 694
Mr Barry Dawes Managing Director, MPS Ph: 02 9222 9111
Australian Biodiesel Group Limited ACN 096 687 839 Pier 8/9 Walsh Bay, 23 Hickson Road, Sydney NSW 2000 Australia t +61 2 9037 7250 f +61 2 9037 7288 e [email protected] www.abgbiodiesel.com