AI assistant
RURAL FUNDS GROUP Capital/Financing Update 2015
65689_rns_2015-10-05_c31448af-45fc-4bf7-95cc-bb6ca447ef3b.pdf
Capital/Financing Update
Open in viewerOpens in your device viewer
Rural Funds Group (RFF)
6 October 2015
ASX Release
Subject: Institutional Placement – Cleansing Notice under section 1012DA(5)(e) Corporations Act 2001 (Cth) – Rural Funds Group (ASX:RFF)
Rural Funds Management Limited ABN 65 077 492 838 (RFM) (AFSL No. 226701) in its capacity as responsible entity of Rural Funds Trust ARSN 112 951 578 and RF Active ARSN 168 740 805 (collectively Rural Funds Group (RFF)) has today issued 11,451,350 fully paid stapled securities (New Units) at a price of $1.10 to raise approximately $12.6 million by way of a placement to institutional and sophisticated investors (Placement) as outlined in the RFF announcement on 28 September 2015.
RFM has issued the New Units without disclosure to investors under section 1012DA(5)(e) Corporations Act 2001 (Cth) (Corporations Act).
Details of New Units issued
| Class of securities: | Fully paid stapled securities |
|---|---|
| ASX code of the New Units: | RFF |
| Date of the issue of the New Units: | 6 October 2015 |
| total number of New Units issued: | 11,451,350 |
For the purposes of section 1012DA(6) Corporations Act, RFM advises:
- (a) the New Units will be issued without a product disclosure statement to investors under Part 7.9 Corporations Act;
- (b) this Notice is given under section 1012DA(5)(e) Corporations Act as notionally modified by CO 08/35;
- (c) as a disclosing entity, RFM is subject to regular reporting and disclosure obligations;
- (d) as at the date of this Notice, RFM has complied with:
- i. the provisions of Chapter 2M Corporations Act as they apply to RFF; and
- ii. section 674 Corporations Act as that section applies to RFF; and
(e) as at the date of this Notice, there is no excluded information of the type referred to in sections 1012DA(7) and 1012DA (8) Corporations Act as notionally modified by CO 08/35 in relation to RFF.
Signed
Andrea Lemmon Company Secretary
About Rural Funds Group (RFF)
RFF owns a diversified portfolio of high quality Australian agricultural assets. RFF's investment objective is to generate a stable income stream derived from leasing its assets to suitable counterparts and capital growth through any appreciation in the value of those assets. RFF is a stapled security, incorporating Rural Funds Trust (ARSN 112 951 578) and RF Active (ARSN 168 740 805), trading under the ASX code 'RFF'. Rural Funds Management Ltd (RFM) is the responsible entity of RFF.
David Bryant Managing Director Rural Funds Management T 02 6203 9703 E [email protected]
Stuart Waight Chief Operating Officer Rural Funds Management T 0419 126 689 E [email protected]
For further information: For media enquiries: For investor relations enquiries:
James Powell Investor Relations & Distribution Manager Rural Funds Management T 0420 279 374 E [email protected]