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PREDICTIVE DISCOVERY LIMITED — Capital/Financing Update 2012
Jul 24, 2012
65537_rns_2012-07-24_b29cdfbd-1d1f-4750-aaff-040bcae30e1e.pdf
Capital/Financing Update
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25 July 2012
ABN 11 127 171 877 Level 2, 9 Colin Street WEST PERTH WA 6005 PO Box 1710 West Perth WA 6872 p (08) 9216 1000 f (08) 9481 7939 w www.predictivediscovery.com
Non‐Renounceable Rights Issue
Notification of Under‐Subscriptions
Predictive Discovery Limited (ASX: PDI) refers to the non‐renounceable rights issue pursuant to the Offer Document of 1 share for every 5 shares held to raise up to $2,008,886 which closed on 20 July 2012.
The directors of PDI announce that the rights issue raised a total of $600,969 (before costs and expenses).
The Company received valid acceptances for 7,512,108 new shares at an issue price of $0.08 per share with a 1 for 2 free attaching option. The total shortfall under the rights issue was 17,599,022 new shares.
The allotment and issue of new shares for which valid acceptances have been received will occur on 26 July 2012.
The Board is assessing a number of opportunities to place the balance of the shortfall and will advise the market when and if appropriate.
The directors of Predictive Discovery express their appreciation for the support provided by participants in the capital raising.
Ian Hobson
Company Secretary