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PRAEMIUM LIMITED — Capital/Financing Update 2012
Oct 18, 2012
65606_rns_2012-10-18_50951d81-3be9-4323-93df-bd6276ca2bef.pdf
Capital/Financing Update
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Fully Under-written Rights Issue Notice of Shortfall
19 October 2012, Melbourne : Praemium Limited refers its fully-underwritten, non-renounceable Rights Issue which was announced on 18 September 2012 and closed on 16 October 2012.
Results of the Issue were as follows:
| Results of the Issue were as follows: | |
|---|---|
| Ordinary Shares | |
| Maximum number of New Shares available under the Rights Issue | 41,070,097 |
| New Shares applied for byeligible shareholders | 24,262,807 |
| New Shares not applied for(Shortfall) | 16,807,290 |
| Shortfall to be issued to the Underwriter | 16,807,290 |
The Underwriter is Canaccord Genuity (Australia) Limited.
New shares will be allotted and holding statements despatched on 24 October 2012.
About Praemium : Praemium Ltd (ASX: PPS) is one of Australia’s leading suppliers of online financial portfolio administration and Separately Managed Account (SMA) technology, administering in excess of AUD43 billionFUA* of assets in Australia and with more than £400 million-UK FOP* in funds on the platforms it operates in the UK. Praemium currently provides services to approximately 500 financial institutions and intermediaries, including some of the world’s largest financial institutions.
*As at 30 June 2012
For further information contact:
Paul Gutteridge, Company Secretary, +613 8622 1222
80377