Ceramic Fuel Cells Limited Extension to closing date for overseas offer (0320K)

TIDMCFU

RNS Number : 0320K

Ceramic Fuel Cells Limited

15 August 2012

Wednesday 15 August 2012

Extension to Closing Date for Overseas Offer

New Closing Date of Tuesday 4 September 2012

Ceramic Fuel Cells Limited (AIM / ASX: CFU) a leading developer of small generators that use fuel cell technology to convert natural gas into electricity and heat for homes and other buildings, announces an extension to the closing date for its current overseas offer to qualifying participants outside of Australia, New Zealand and certain other territories.

On 24 July 2012 the Company announced a rights issue and overseas offer to existing holders to raise further working capital. The overseas offer seeks to raise up to approximately GBP 2 million (being the pounds sterling equivalent of EUR 2.5 million) at an issue price of four pence per share.

The Company is extending the closing date for the overseas offer from Monday 20 August, to Tuesday 4 September 2012. The Company has also extended the closing date for the rights issue.

The new indicative timetable for the overseas offer is below:

 
 Event                               Indicative timing 
----------------------------------  -------------------- 
 Offer closes                        5.00pm 4 September 
                                      2012 
----------------------------------  -------------------- 
 Admission of new shares to AIM      8.00am 11 September 
                                      2012 
----------------------------------  -------------------- 
 CHESS / Issuer Sponsored / CREST    8.00am 11 September 
  accounts expected to be credited    2012 
  for the new shares or depository 
  interests (as applicable) 
----------------------------------  -------------------- 
 

All references to time are to British Summer Time.

Eligible shareholders will have received either a rights issue prospectus or an overseas offer circular (as applicable) and an entitlement and acceptance form. Shareholders should refer to these documents for the full details and terms of the rights issue or overseas offer.

More information about the Company and our recent activities, including our announcements and financial reports, is available at the Company's website, www.cfcl.com.au.

 
For more information please contact: 
  Ceramic Fuel Cells Limited 
    Andrew Neilson      Tel.    : [phone] 
                         Email   : [e-mail] 
  Nomura Code Securities (AIM Nomad) 
    Juliet Thompson     Tel.    : [phone] 
     Chris Golden                1200 
  Australian media enquiries 
    Richard Allen       Tel.    : [phone] 
     Oxygen Financial    Email   6341 
     Public Relations            : [e-mail] 
  UK media enquiries 
    Mark Way            Tel.    : [phone] 
     MW Research PR      Email   991 
                                 : [e-mail] 
  German media enquiries 
    Alex Seiler         Tel.    : [phone] 
     Hering Schuppener   Email   7454 
     Consulting                  : [e-mail] 
 
 

About Ceramic Fuel Cells Limited:

Ceramic Fuel Cells is a world leader in developing fuel cell technology to generate highly efficient and low-emission electricity from widely available natural gas. Ceramic Fuel Cells has sold its BlueGen gas-to-electricity generator to major utilities and other foundation customers in Germany, the United Kingdom, Switzerland, The Netherlands, Italy, Japan, Australia, and the USA. Ceramic Fuel Cells is also developing fully integrated power and heating products with leading energy companies E.ON UK in the United Kingdom, GdF Suez in France and EWE in Germany.

The company is listed on the London Stock Exchange's AIM market and the Australian Securities Exchange (code CFU).

www.cfcl.com.au

This information is provided by RNS

The company news service from the London Stock Exchange

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