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IMPEDIMED LIMITED — Capital/Financing Update 2009
Oct 8, 2009
65135_rns_2009-10-08_49a09a4a-0371-4dd9-b6b3-77f4338e2df9.pdf
Capital/Financing Update
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9 October 2009
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ASX RELEASE
Escrow Release – Mandatory on Listing on 24 October 2007
ImpediMed Limited today announces the pending release of the shares that were mandatorily escrowed when ImpediMed Limited listed on the ASX on 24 October 2007.
The total number of shares issued that were required by ASX to be subject to mandatory escrow for two years totalled 7,510,126.
ImpediMed is required to advise the market 10 working days prior to the release of shares from escrow. Upon approval by ASX, ImpediMed proposes to release the shares from escrow effective 24 October 2009.
Of the total 7,510,126 shares, 100% are held by Directors and Director related entities or family members who are subject to the company’s internal share trading policy.
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