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RENT.COM.AU LIMITED — Capital/Financing Update 2003
May 28, 2003
65722_rns_2003-05-28_d37c9136-afc9-4760-a733-977817ff6027.pdf
Capital/Financing Update
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Select-Tel Limited PO Box 46 Armadale Vic 3143 Telephone: 9824 8166 Facsimile: 9824 8161
Company Announcement
29 May 2003
On 15 May 2003 the Company released a detailed Information Memorandum and Notice of the 2003 Annual General Meeting to be held on 19 June 2003 at 10.00 am. Business to be considered at that meeting includes a proposed change of activities (resolution 5) and Proposed Issue of Shares and Options (resolution 9).
A prospectus is in the final stages of completion for the proposed capital raising by the issue of up to ten million $(10,000,000)$ shares and five million $(5,000,000)$ one $(1)$ for two $(2)$ free attaching options. Included will be a priority allocation to existing shareholders.
The related indicative timetable is shown below.
Indicative Timetable
| Lodgement of Prospectus | $2nd$ June 2003 |
|---|---|
| Issue Opens | $2nd$ June 2003 |
| Issue Closes | $27th$ June 2003 |
| Proposed ASX re-listing | $7th$ July 2003 |
The above dates should be regarded as indicative only.
Following the Annual General Meeting and approval of the various resolutions, the Company will be suspended from trading until it has complied with all ASX requirements for re-listing. The Company will continue to keep the market fully informed.
For further information please contact Peter Marks or Jeremy Cooper.