AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

Sign up Log in

SAFEROADS HOLDINGS LIMITED Share Issue/Capital Change 2008

Sep 16, 2008

65853_rns_2008-09-16_1830e7e6-21d2-443d-b64a-f3f980ee4fd4.pdf

Share Issue/Capital Change

Open in viewer

Opens in your device viewer

==> picture [286 x 61] intentionally omitted <==

RELEASE OF SHARES FROM ESCROW

Saferoads Holdings Limited (ASX:SRH) announces that at the time of completion of the acquisition of Swift-Tech Solutions Pty Ltd and Swift Cartage Pty Ltd (Swift Tech), 560,000 ordinary shares were issued to the vendors of Swift Tech as part consideration for the acquisition.

The vendors of Swift Tech entered into a voluntary agreement with Saferoads under which the 560,000 ordinary shares were voluntarily escrowed for a period of two (2) years from 2 October 2006.

Saferoads advises that these 560,000 ordinary shares will be freely tradeable from 2 October 2008 onwards.

==> picture [126 x 30] intentionally omitted <==

Bill Cruickshank Company Secretary

17 September 2008