AI assistant
NEOMETALS LTD — Capital/Financing Update 2012
Oct 24, 2012
65430_rns_2012-10-24_055eb726-9ebd-445b-9f13-333b71ab6396.pdf
Capital/Financing Update
Open in viewerOpens in your device viewer
==> picture [284 x 62] intentionally omitted <==
Level 1, 672 Murray St West Perth WA 6005
Locked Bag 8 West Perth WA 6872 Tel: + 61 8 9322 1182 Fax: + 61 8 9321 0556
25 October 2012
Company Announcements Office ASX Limited Via Electronic Lodgement
Dear Sirs
Share Purchase Plan Offer Booklet
On 22 October 2012, Reed Resources Ltd (ACN 099 116 631) ( Company ) announced a $10 million capital raising, comprising of an $8 million placement and a $2 million underwritten share purchase plan ( SPP ).
The SPP Offer Booklet is being posted to shareholders today. A copy of the SPP Offer Booklet and a template SPP Application Form are attached.
Yours faithfully
Darren Wates COMPANY SECRETARY
==> picture [61 x 57] intentionally omitted <==
Level 1, 672 Murray St West Perth WA 6005
ABN 89 099 116 631
==> picture [110 x 47] intentionally omitted <==
Locked Bag 8 West Perth WA 6872 Tel: +61 8 9322 1182 Fax: +61 8 9321 0556
25 October 2012
Dear Shareholder
Offer to participate in Share Purchase Plan
Reed Resources Ltd ABN 89 099 116 631 ( Reed or Company ) recently announced a successful placement to institutional and sophisticated investors, raising approximately $8 million before costs ( Placement ).
On behalf of the board of the Company, I am now pleased to offer you the opportunity to participate in an underwritten share purchase plan ( Plan ), under which you can apply for up to $15,000 worth of ordinary shares in Reed at an issue price of $0.18 per share (free of brokerage, duty and other transaction costs).
The Plan provides the Company’s existing shareholders with the opportunity to increase their shareholding in Reed at the same price paid by institutional investors under the Placement. This represents a 17% discount to the 20 day volume weighted average price of the Company’s shares on ASX for the period up to 16 October 2012, the last full trading day before the Placement was announced.
As announced on 22 October 2012, the funds raised will be used for general group working capital requirements and the advancement of the Company’s Meekatharra Gold Project.
Participation in the Plan is optional. The offer is being made to shareholders who at 4.00pm (WST) on 19 October 2012 were registered holders of ordinary shares in the Company with an address in Australia or New Zealand.
The Plan is underwritten by Azure Capital Limited on standard commercial terms and conditions.
To apply, please follow the instructions in the enclosed offer booklet. Your application must be received by 5.00pm (WST) on 16 November 2012. A maximum of approximately 11,111,111 shares (representing approximately $2 million) is available in total under the Plan. If the Company receives applications for more than this maximum number, it will apply a pro rata scale back and the excess application monies will be refunded to each applicant.
An offer booklet for the Plan is enclosed with this letter and I recommend that you read the terms and conditions set out in the offer booklet carefully before deciding whether to participate in the Plan. If you are unsure whether to participate, you should contact your professional adviser.
Further details about Reed’s projects can be accessed by visiting Reed’s website, www.reedresources.com, and from the announcements lodged by Reed with ASX.
The board encourages you to consider this opportunity to increase your investment and thanks you for your continued support of the Company.
Yours faithfully
==> picture [86 x 51] intentionally omitted <==
David Reed Chairman
==> picture [57 x 50] intentionally omitted <==
REED RESOURCES LTD ABN 89 099 116 631 SHARE PURCHASE PLAN OFFER BOOKLET
Pursuant to this Reed Resources Ltd Share Purchase Plan ( Plan ), Reed Resources Ltd ABN 89 099 116 631 ( Reed or Company ) offers Eligible Shareholders (defined below) the ability to apply for a parcel of fully paid ordinary shares in Reed ( Shares ) valued at $2,500, $5,000, $10,000 or $15,000 ( Offer ).
Important notices
This is an important document. You are encouraged to contact your professional adviser if you are unsure what to do in relation to this document.
You should carefully read the terms and conditions of the Offer contained in this document because, if you choose to accept the Offer, you will be bound by them. By lodging the enclosed Application Form with your cheque or by making your payment via BPAY, you will confirm that you have read, understood and agreed to the Terms and Conditions of the Plan.
If you apply for Shares under the Plan, there is a risk that the market price of Shares on ASX may change between the date that you complete and return the Application Form and the date Shares are issued to you under the Plan. This means that, at the time of issue, you may be able to buy Shares on market at a lower price than the issue price under the Plan. By lodging the enclosed Application Form with your cheque or by making payment via BPAY, you acknowledge this risk.
Key dates
The table below summarises the key dates of the Offer made under this Plan. The dates shown below are indicative only, and Reed may vary the dates and times of the Offer at its discretion.
Record Date 19 October 2012 at 4:00pm (WST) Opening Date 25 October 2012 Closing Date 16 November 2012 at 5:00pm (WST) Issue Date On or about 22 November 2012
Share Purchase Plan page 2
Terms and Conditions of the Offer
1 Eligibility to participate
You are an Eligible Shareholder and may participate in the Plan if, as at the Record Date, you are registered as a holder of Shares with an address in Australia or New Zealand and are not acting for the account or benefit of, a “US Person” as defined in Regulation S under the US Securities Act of 1993 (USA) or a person in any other jurisdiction in which the Offer would be unlawful.
Due to the risk and expense of offshore regulatory compliance issues and given the small number of holders involved, Offers are not being made to shareholders whose registered address is not in Australia or New Zealand.
To the extent that you hold Shares on behalf of another person resident outside Australia or New Zealand, it is your responsibility to ensure that any acceptance complies with all applicable foreign laws.
For the purposes of determining who are Eligible Shareholders:
-
(a) Single holders: If you are the only registered holder of a holding of Shares, but you receive more than one offer under the Plan (for example, due to multiple registered holdings), you may only apply for one maximum parcel of Shares.
-
(b) Joint holders: If you are recorded with one or more other persons as the joint holder of a holding of Shares, that joint holding is considered to be a single registered holding for the purpose of the Plan, and the joint holders are entitled to participate in the Plan in respect of that single holding only. If the same joint holders receive more than one offer under the Plan due to multiple identical holdings, the joint holders may only apply for one maximum parcel of Shares.
-
(c) Custodians, trustees and nominees: If you are a custodian, trustee or nominee within the definition of ‘custodian’ in ASIC Class Order [CO 09/425] ( Custodian ) and hold Shares on behalf of one or more persons (each a Participating Beneficiary ), you may apply for up to a maximum of $15,000 worth of Shares for each Participating Beneficiary, subject to providing a notice in writing to Reed (the Custodian Certificate ) certifying the matters required by condition 9 of ASIC Class Order [CO 09/425], copies of which can be obtained from Reed’s share registry, Computershare Investor Services Pty Ltd.
If you hold Shares as a trustee or nominee for another person, but are not a Custodian as defined above, you cannot participate for beneficiaries in the manner described above. In this case, the rules for multiple single holdings (above) apply.
Custodians should provide a Custodian Certificate in conjunction with an Application Form.
For the purposes of these Terms and Conditions, an Eligible Shareholder who accepts the Offer and applies for Shares is referred to as an Applicant .
2 Participation is optional
Participation in the Plan is optional. If you are an Eligible Shareholder, you can choose whether or not to participate.
Participation is subject to these Terms and Conditions.
Share Purchase Plan page 3
3 Nature of the Offer
The Offer under the Plan is non-renounceable and you may not transfer your rights under the Offer to another person. All Offers made under the Plan will be made to each Eligible Shareholder on the same terms and conditions irrespective of the number of Shares which they may hold on the Record Date.
The Offer is open to all Eligible Shareholders from the Opening Date until 5.00pm (WST) on the Closing Date.
- 4 How much can you invest?
Eligible Shareholders may apply for a parcel of Shares valued up to A$15,000 by contributing a set amount as follows:
| Option A | Total subscription amount of $2,500 (being 13,888 Shares @ $0.18 |
|---|---|
| (Minimum Amount)) | |
| Option B | Total subscription amount of $5,000 (being 27,777 Shares @ $0.18) |
| Option C | Total subscription amount of $10,000 (being 55,555 Shares @ $0.18) |
| Option D | Total subscription amount of $15,000 (being 83,333 Shares @ $0.18 |
| (Maximum Amount)) |
The limit of the Maximum Amount applies to you even if you hold Shares in more than one capacity – for example, as a single holder and as a first (or subsequent) named holder of two or more joint holders. If you receive more than one Offer under the Plan, you may apply on different Application Forms for more than one parcel of Shares, but you may not apply under the Plan for Shares with an aggregate application price of more than $15,000.
However, a Custodian may apply for up to a maximum of $15,000 worth of Shares for each Participating Beneficiary, subject to providing the Custodian Certificate to Reed.
The amounts you receive under the Plan may be subject to rounding and a scale back. See further sections 6 and 7 below.
5 Issue Price
The Issue Price under the Offer is $0.18 per Share, which is the same issue price that applied under the Placement. This represents a 17% discount to the 20 day volume weighted average price of the Company’s shares on ASX for the period up to 16 October 2012, the last full trading day before the Placement was announced.
You agree to pay the Issue Price per Share for the number of Shares you have selected on the Application Form.
There is a risk that the price of Shares traded on the ASX may change between the Opening Date and Issue Date. This means that the price you pay per Share pursuant to this Offer may be either higher or lower than the Share price at the time of the Offer or at the time the Shares are issued to you under the Plan. Irrespective of the actual price of Reed's Shares traded on the ASX as at the Issue Date, the Applicant shall be issued
Share Purchase Plan page 4
under the Plan such number of Shares corresponding to their application and at the Issue Price.
6 Limit of Shares available for purchase
The maximum number of Shares that may be issued under the Plan is approximately 11,111,111 shares (the Offer Limit ). In the event that the aggregate number of Shares validly applied for by all Applicants exceeds the Offer Limit, then the number of Shares you will be issued with shall instead be such whole number of Shares (rounded down) as calculated in accordance with the following formula:
L P x S
Where:
P = the relevant parcel applied for by that Applicant as elected in its Application Form;
L = the Offer Limit; and S = the actual aggregate number of Shares validly applied for by all Applicants.
In the event that the amount of Shares applied for are so required to be reduced pursuant to this section 6, the excess subscription monies, calculated by multiplying the Issue Price by the difference between the number of Shares you are allocated and the number of Shares you applied for, will be refunded to you by cheque as soon as practicable. No interest will be paid on any subscription monies returned to you.
7 Calculation of the number of Shares to be issued to you
In the absence of a scale back under section 6, the number of Shares to be issued to you will be calculated by dividing the aggregate application money that you pay in applying for Shares by the Issue Price, then rounding down to the nearest whole number of Shares.
If rounding is applied, then:
(a) if there is no scale back, any residual balance will be retained by the Company and you will not be refunded this amount (which will always be less than the price of a Share issued under the Plan); or
(b) if there is a scale back, any residual balance will be refunded to you as part of the refund you receive from the scale back. Any fractions of Shares will be rounded down to the nearest whole number of Shares. 8 Costs of participation
No brokerage, commissions, stamp duty or other transaction costs will be payable by shareholders in respect of the application for, and issue of, Shares under the Plan. 9 Underwriting
The Company has entered into an underwriting agreement ( Underwriting Agreement ) with Azure Capital Limited ( Underwriter ) under which the Underwriter has agreed to fully underwrite the Plan. The Underwriting Agreement is on standard commercial terms and conditions for this sort of arrangement. As is customary, the Underwriter may terminate the Underwriting Agreement on the occurrence of certain events, including (without limitation) where: (a) the ASX All Ordinaries Index falls below 4,150 as at the close of
Share Purchase Plan page 5
trade for any three consecutive trading days; (b) the spot gold price falls below US$1,550 per ounce for at least 3 trading days; and (c) there is a material adverse change in relation to the assets, operational or financial position of the Company or its related bodies corporate.
10 How to accept the Offer and apply for Shares
If you are an Eligible Shareholder, you may accept the Offer to participate in the Plan by:
-
1 completing and returning the enclosed Application Form, in accordance with the instructions on the Application Form together with the appropriate payment for the amount corresponding to the relevant parcel of Shares applied for, by no later than 5.00pm (WST) on the Closing Date; or
-
2 making payment by BPAY in accordance with the instructions on the Application Form by no later than 2.00pm (WST) on the Closing Date. If you make payment by BPAY, you do not need to return the Application Form to Reed.
Applicants should be aware that financial institutions may implement early cut off times with regards to electronic payments and therefore should take this into consideration when making payment. It is the responsibility of the applicant to ensure the funds submitted through BPAY are received by the close of the SPP Offer.
Payments may only be made by BPAY, cheque or bank draft in Australian dollars and drawn on an Australian branch of a financial institution. No interest will be paid on any application monies, including any application monies returned to you.
If you are a Custodian you are required to provide a Custodian Certificate in conjunction with an Application Form.
If you are applying via cheque, you will be taken to have accepted the Offer only if the cheque which accompanies your Application Form is paid in full on first presentation. Cheques will be deposited on or following their day of receipt. Sufficient cleared funds should be held in your account as your acceptance may be rejected if your cheque is dishonoured. Receipts for payment will not be issued.
Reed may, in its absolute discretion, accept or reject your application to purchase Shares under the Offer, including (without limitation) if:
-
(a) your Application Form is incorrectly completed or incomplete or otherwise determined by the Company to be invalid;
-
(b) the cheque that you enclose with the Application Form is not made out for the exact amount that you have selected on the Application Form or is dishonoured or otherwise incorrectly completed;
-
(c) BPAY payment is not received, or is incomplete or invalid;
-
(d) it appears that you are applying to buy more than $15,000 (in aggregate) worth of Shares;
-
(e) you are a Custodian and the Company is not satisfied with your certification; or
-
(f) the Company believes that you are not an Eligible Shareholder (subject to compliance with any applicable ASIC or ASX requirements),
and the Company must reject applications if required to do so under ASIC Class order [CO 09/425].
The Company reserves the right to return your cheque or refund your BPAY payment and not allot you any Shares. No interest will be paid on returned monies.
Applications received after the Closing Date will not be accepted.
Share Purchase Plan page 6
11 Significance of submitting an Application Form or making payment by BPAY
By completing and returning the Application Form to Reed or by making payment via BPAY you:
-
(a) certify that you have not applied for Shares with an aggregate application price in excess of $15,000 under the Plan and any similar arrangement in the 12 months prior to your application (including by instructing a Custodian to apply for Shares on your behalf), even though you may have received more than one Offer under the Plan or received Offers in more than one capacity under the Plan;
-
(b) agree that your application is made on the terms and conditions set out in this document and the Application Form;
-
(c) authorise Reed and its officers and agents to correct any error in, or omission from, your Application Form and to complete your Application Form by insertion of any missing details;
-
(d) agree that you will not be able to withdraw or revoke your application;
-
(e) accept the risk associated with any refund that may be sent to you by cheque to your address shown on Reed’s register;
-
(f) agree that if you have previously provided the Company or its share registry with bank account details for the purposes of direct credit of dividends, any refund to be paid to you under the Plan may be directed to that nominated account;
-
(g) agree to be bound by Reed’s constitution; (h) agree that the Company may determine that your Application Form is valid and in accordance with these Terms and Conditions even if it is incomplete, contains errors or is otherwise defective;
-
(i) agree that your application is only effective when received and not when posted;
-
(j) confirm that you are an Eligible Shareholder or Custodian with a valid Custodian Certificate;
-
(k) if you are a Custodian and are applying for Shares with an aggregate application price of more than $15,000, you are providing with your Application Form certification, or agree to certify, the matters required by condition 9 of ASIC Class Order [CO 09/425], in accordance with the Custodian Certificate which can be obtained from Reed’s share registry;
-
(l) acknowledge that Reed is not liable for any exercise of its discretion referred to in these Terms and Conditions;
-
(m) you are responsible for any dishonour fees or other costs Reed may incur in presenting a cheque for payment that is dishonoured;
-
(n) agree that if there is a rounding of Shares and no scale back, any remaining balance of your payment after your allotment will be retained by the Company;
-
(o) accept that Reed at its discretion can make reduction in allotments of Shares under a scale back;
-
(p) acknowledge that no interest will be paid on any application monies held pending the allotment of the Shares or subsequently refunded to you for any reason; and
-
(q) acknowledge that you have not been provided with investment advice or financial product advice by Reed.
Share Purchase Plan page 7
12 Issue and quotation of Shares
| 12 | Issue and quotation of Shares |
|---|---|
| Subject to section 6 above, Reed will issue and allot Shares under the Plan on or about | |
| the Issue Date. | |
| Shares issued under the Plan will rank equally with existing Shares quoted on the ASX, | |
| with the same voting rights, dividend rights and other entitlements. | |
| On or before the Issue Date, Reed will apply for Shares issued under the Plan to be | |
| quoted on the ASX. | |
| Reed will, within the period required by the ASX Listing Rules, send participants a holding | |
| statement in respect of any Shares issued to them under the Plan. Reed recommends | |
| that Applicants do not trade in the Shares applied for until they have received an updated | |
| holding statement. | |
| 13 | Amendment, Suspension and Termination of the Plan |
| The board of the Company may, in its discretion, amend, suspend or terminate the Plan | |
| at any time and adopt any administrative procedures it thinks appropriate in relation to the | |
| Plan. Reed may issue to any person fewer Shares than subscribed for under the Plan (or | |
| none at all) if Reed believes that the issue and allotment of those Shares would | |
| contravene any law or the rules of any stock exchange on which Shares are quoted. | |
| Any amendment, suspension or termination of the Plan will be binding on all Eligible | |
| Shareholders even where Reed does not notify one or more Eligible Shareholders of the | |
| amendment, suspension or termination. | |
| 14 | Dispute resolution |
| Reed may settle, in any manner it thinks fit, any difficulties, anomalies or disputes which | |
| may arise under or in connection with the operation of the Plan, whether generally or in | |
| relation to any participant or class of participants, offer, application or Shares, and the | |
| decision of Reed shall be conclusive and binding on all participants and other persons to | |
| whom the determination relates. | |
| Reed reserves the right to waive compliance with any provision of these Terms and | |
| Conditions. | |
| 15 | Notices |
| Notices and statements to participating shareholders may be given in any manner | |
| determined by the board of Reed from time to time. | |
| 16 | Governing law |
| These Terms and Conditions are governed by the laws of Western Australia and the | |
| Commonwealth of Australia. | |
| 17 | Interpretation |
| The term ‘Terms and Conditions’ includes the terms and conditions contained in this | |
| document, the Application Form and the key dates. | |
| A reference to ’$’ and ‘dollars’ is to Australian currency unless denominated otherwise. |
Share Purchase Plan
page 8
ABN 89 099 116 631
For all enquiries:
==> picture [15 x 15] intentionally omitted <==
Phone:
(within Australia) 1300 850 505 (outside Australia) 61 3 9415 4000 Web:
www.investorcentre.com/contact
T 000001 000 RDR MR SAM SAMPLE 123 SAMPLE STREET SAMPLETOWN VIC 3000
Make your payment:
See over for details of the Offer and how to make your payment
Share Purchase Plan Application Form
This is an important document that requires your immediate attention.
Reed Resources Ltd may make determinations in any manner it thinks fit, in relation to any difficulties which may arise in connection with the SPP whether generally or in relation to any participant or application.
It can only be used in relation to the shareholding represented by the details printed overleaf. If you are in doubt about how to deal with this form, please contact your financial or other professional adviser.
Any determinations by Reed Resources Ltd will be conclusive and binding on all eligible shareholders and other persons to whom the determination relates. Reed Resources Ltd reserves the right to waive strict compliance with any provision of the terms and conditions of the SPP, to amend or vary those terms and conditions or to suspend or terminate the SPP at any time. Any such amendment, suspension or termination will be binding on all eligible shareholders even where Reed Resources Ltd does not notify you of that event.
By making payment you agree to be bound by the Constitution of Reed Resources Ltd and that the submission of this payment constitutes an irrevocable offer by you to subscribe for Reed Resources Ltd shares on the terms of the Share Purchase Plan (SPP).
In addition, by submitting the slip below or making payment via BPAY , you certify that you have not applied for shares with an aggregate application price in excess of $15,000 under the SPP and any similar arrangement in the 12 months prior to your application (including by instructing a Custodian to apply for shares on your behalf), even though you may have received more than one offer under the SPP or received offers in more than one capacity under the SPP.
Choose one of the payment methods shown below. BPAY ®: See overleaf. Do not return the slip with BPAY payment.
Step 1: Registration Name
Please check the details provided and update your address via www.investorcentre.com if any of the details are incorrect.
By Mail: Complete the reverse side of this payment slip and detach and return with your payment. Make your cheque or bank draft payable in Australian dollars to " Reed Resources Ltd - Share Account ". The cheque must be drawn from an Australian bank. Cash is not accepted.
If you have a CHESS sponsored holding, please contact your Controlling Participant to notify a change of address.
Step 2: Make Your Payment
Payment will be processed on the day of receipt and as such, sufficient cleared funds must be held in your account as cheques received may not be re-presented and may result in your Application being rejected. Paperclip (do not staple) your cheque(s) to the slip below as indicated. Receipts will not be forwarded. Funds cannot be debited directly from your account.
Note that shares may be purchased in increments as set out on the reverse of this application form. Note that the amount chosen may be subject to scale back in accordance with the terms of the SPP.
Entering your contact details is not compulsory, but will assist us if we need to contact you.
Reed Resources Ltd Share Purchase Plan Application Form Payment must be received by 5:00pm (WST) Friday 16 November 2012
Turn over for details of the Offer è
® Registered to BPAY Pty Limited ABN 69 079 137 518
916CR_0_Sample_CA/000001/000001/i
X 9999999991 I ND
Share Purchase Plan Application Form
Registration Name & Offer Details
MR SAM SAMPLE Registration Name: 123 SAMPLE STREET SAMPLETOWN VIC 3000
[For your security keep your SRN/] HIN confidential.
Entitlement No: 00005856
Offer Details: Record date: 19 October 2012 Minimum value $2,500 available to purchase: Maximum value $15,000 available to purchase:
Make Your Payment
Pay by Mail:
Biller Code: 207464 Pay by Mail:
Ref No: 1234 5678 9123 4567 89 Make your cheque, money order or bank draft payable to " Reed Resources Ltd - Share Account ". Return your cheque with the below slip to:
Contact your financial institution to make your payment from your cheque or savings Computershare Investor Services Pty Limited account. GPO BOX 505 Melbourne Victoria 3001 Australia
Lodgement of Acceptance
If you are applying for shares and your payment is being made by BPAY ®, you do not need to return the slip below. Your payment must be received by no later than 2:00pm (WST) on 16 November 2012. Applicants should be aware that their own financial institution may implement earlier cut off times with regards to electronic payment, and should therefore take this into consideration when making payment. Neither Computershare Investor Services Pty Limited (CIS) nor Reed Resources Ltd accepts any responsibility for loss incurred through incorrectly completed BPAY ® payments. It is the responsibility of the applicant to ensure that funds submitted through BPAY ® are received by this time.
If you are paying by cheque, bank draft or money order the slip below must be received by CIS by no later than 5:00pm (WST) on 16 November 2012. You should allow sufficient time for this to occur. A reply paid envelope is enclosed for shareholders in Australia. Other Eligible Shareholders will need to affix the appropriate postage. Return the slip below with cheque attached. Neither CIS nor the Company accepts any responsibility if you lodge the slip below at any other address or by any other means.
Privacy Statement
Personal information is collected on this form by Computershare Investor Services Pty Limited (CIS) as registrar for the securities issuer (the issuer), for the purpose of maintaining registers of securityholders, facilitating distribution payments and other corporate actions and communications. Your personal information may be disclosed to our related bodies corporate, to external service companies such as print or mail service providers, or as otherwise permitted by law. If you would like details of your personal information held by CIS, or you would like to correct information that is inaccurate, incorrect or out of date, please contact CIS. In accordance with the Corporations Act 2001, you may be sent material (including marketing material) approved by the issuer in addition to general corporate communications. You may elect not to receive marketing material by contacting CIS using the details provided above or email [email protected]
Detach here
Purchase Details for Reed Resources Ltd (choose one option)
$2,500 worth of OR $5,000 worth of OR $10,000 worth of securities securities securities $15,000 worth of securities
==> picture [121 x 38] intentionally omitted <==
----- Start of picture text -----
00005856
----- End of picture text -----
Entitlement No: 00005856
Payment must be received by 5:00pm (WST) Friday 16 November 2012
MR SAM SAMPLE 123 SAMPLE STREET SAMPLETOWN VIC 3000
Contact Details
Contact Daytime Name Telephone Cheque Details Drawer Cheque Number BSB Number Account Number Amount of Cheque
==> picture [540 x 21] intentionally omitted <==
123456789123456789+0000000001-3051+14