SKS TECHNOLOGIES GROUP LIMITED — Capital/Financing Update 2014

Jun 18, 2014

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Stokes rights issue closed

19 June 2014, Melbourne : On 26 May 2014 Stokes Limited (ASX:SKS) announced a non-renounceable fully underwritten 1:4 Rights Issue of unsecured Convertible Notes, earning interest at 10% p.a. at an issue price of $0.35 (35 cents) each to raise $2.55 million.

Stokes is pleased to advise that it has received valid applications for 5,543,485 new convertible notes equating to $1,940,220.

The remaining shortfall of 1,744,335 convertible notes or $609,780 has been notified to JM Financial Group Ltd the underwriter to the rights issue and will be allocated shortly.

Issue date for new convertible notes will be the 23 June 2014.

Further Information:

Con Scrinis Rudi Michelson Managing Director Monsoon Communications 0412 331618 03 9620 3333

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