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SAFEROADS HOLDINGS LIMITED — Capital/Financing Update 2014
Dec 15, 2014
65853_rns_2014-12-15_ad9b7eb3-9f65-47ec-8aa9-df68ad0c4a27.pdf
Capital/Financing Update
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ASX ANNOUNCEMENT
16 December 2014
ENTITLEMENT OFFER – ISSUE OF NEW SHARES
Saferoads Holdings Limited ( ASX: SRH ) advises that, pursuant to the 2 for 5 Entitlement Offer to raise $1.248 million that closed oversubscribed on 9 December 2014, it has today issued 10,400,000 new fully paid ordinary Shares in the Company at $0.12 per Share. The total number of Shares on issue subsequent to the allotment of Entitlement Shares is 36,400,000.
Holding Statements will be dispatched to those Shareholders who applied for Entitlement Shares and Shortfall Shares (if any) today. Excess funds will be returned to Shareholders where their Shortfall Share application has been scaled back.
The take up of the Entitlement Offer has been highly encouraging and the Company would like to express its appreciation to all participating Shareholders for the strong support they have shown under the Entitlement Issue.
The Company confirms that there are no changes to the Appendix 3B lodged 12 November 2014.
Enquiries/Additional Information:
Darren Hotchkin, CEO David Ashmore, Chairman (03) 5625 6600 0418 155 500
ABOUT SAFEROADS
Saferoads is a company listed on the Australian Stock Exchange (ASX: SRH), specialising in providing innovative road safety solutions. Headquartered in Drouin, Victoria, and with representation across Australia and New Zealand, the company provides State Government Departments, local councils and road construction and equipment hire companies with a broad range of products and services designed to direct, protect, inform and illuminate all road users.
SAFEROADS HOLDINGS LTD. ABN 81 116 668 538
PO Box 340, Drouin, Vic 3818 Phone: 1800 060 672 Fax: 1800 060 673
Website: www.saferoads.com.au