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Clean TeQ Holdings Ltd Announces Extension Of Share Purchase Plan Offer Period

Wednesday, 16 Oct 2013 08:06pm EDT 

Clean TeQ Holdings Ltd announced that further to the ASX Announcements on 19, 23 and September 10, 2013, the closing date of the offer of ordinary shares under its Share Purchase Plan (“SPP”) dated September 23, 2013 has been extended by two weeks to 5.00pm (Melbourne time) on November 1, 2013 (unless subsequently varied by the Company). This extension will provide additional time for Eligible Shareholders to take advantage of the SPP offer and increase their investment in the Company at a discount and without the payment of any fees or transaction costs. Shareholders will be kept informed of Company developments during the extended period. Under the terms of the SPP, applications may be made at various set amounts from a minimum of $1,000 to a maximum of $15,000. The maximum number of new shares to be raised by the Company under the SPP is 43.1 million (equivalent to 30% of the number of shares currently on issue). If applications by the Company's eligible shareholders for new shares under the SPP exceed that number, the Company reserves the right to scale back applications on a pro rata basis. 

Company Quote

0.0050 +7.69%
31 Oct 2014