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TZ LIMITED — Capital/Financing Update 2010
Dec 15, 2010
65975_rns_2010-12-15_8bbdbc85-cedd-436b-acdc-f97ab840bc08.pdf
Capital/Financing Update
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TZ Limited ABN 26 073 979 272
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16 December 2010
Lodged by ASX Online
The Manager Company Announcements Office ASX Ltd. Level 4, 20 Bridge Street Sydney, NSW 2000
Dear Sir
RESULTS OF RENOUNCEABLE RIGHTS ISSUE
TZ Limited (the "Company" ) advises that its 3 for 1 underwritten renounceable rights issue (the "Rights Issue" ) closed at 5.00 pm on 13 December 2010.
The Company provides the following information to the ASX in accordance with Appendix 7A of the ASX Listing Rules:
Total number of new shares available under the Rights Issue 28,069,319 ( "New Shares" ) Number of New Shares taken up by eligible shareholders 14,647,241
Number of New Shares not taken up by eligible shareholders 13,422,078 ( "Shortfall Shares" )
Subject to the terms of the Underwriting Agreement between the Company and Patersons Securities Limited (the "Underwriter" ), the Shortfall Shares will be issued to, or as directed by, the Underwriter.
TZ Limited advises that the allotment date for the Rights Issue is 21 December 2010. Accordingly, holding statements for the New Shares will be despatched to all participating shareholders on that date, with normal trading of the New Shares expected to commence on 22 December 2010.
For and on behalf of the directors of TZ LIMITED
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Kenneth Ting Executive Director and Company Secretary
Chicago (Operational Headquarters) ASX: TZL 520 West Erie Street, Suite 100 Web: www.tz.net Chicago, IL 60654 United States Email: [email protected]
Sydney (Registered Office) Level 11, 1 Chifley Square Sydney, NSW 2000 Australia