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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Ceramic Fuel | LSE:CFU | London | Ordinary Share | AU000000CFU6 | ORD NPV |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.22 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMCFU
RNS Number : 5082W
Ceramic Fuel Cells Limited
30 December 2013
Market
Announcement
Monday 30 December 2013
The Manager
ASX Market Announcements Office
Ceramic Fuel Cells Limited ACN 055 736 671 (ASX Code: CFU) - Cleansing notice given under section 708A(5)(e) of the Corporations Act 2001 (Cth)
Section 1 - Background
As announced on 4 December 2013, Ceramic Fuel Cells Limited ACN 055 736 671 (Company) made an offer to existing eligible shareholders of the Company in Europe (Shareholders) to subscribe for up to 193,542,793 new fully paid ordinary shares in the capital of the Company (Shares) at 2.14 pence per share to raise a maximum of EUR5 million (approximately A$7.44 million) (Overseas Offer).
The Company received applications from Shareholders totaling EUR1.04 million (approximately A$1.6 million) under the Overseas Offer, and issued 41,134,062 Shares (Overseas Offer Shares) on 27 December 2013 to those Shareholders from whom applications were received.
The Overseas Offer Shares were issued by the Company without disclosure to investors under Part 6D.2 of the Corporations Act 2001 (Cth) (Act). Accordingly, the Company gives this notice under section 708A(5)(e) of the Act. As required by section 708A(6)(a) of the Act, this notice is given to the ASX within 5 business days after the day on which the Overseas Offer Shares were issued by the Company.
As at the date of this notice, the Company has complied with the provisions of Chapter 2M of the Act as they apply to the Company and section 674 of the Act.
To the extent to which it is reasonable for investors and their professional advisors to expect to find it in a disclosure document, Section 2 contains all information as at the date of this notice:
1. that has been excluded from a continuous disclosure notice to be given to the ASX in accordance with the ASX Listing Rules; and
2. that investors and their professional advisers would reasonably require for the purpose of making an informed assessment of:
a. the assets and liabilities, financial position and performance, profits and losses and prospects of the Company; or
b. the rights and liabilities attaching to the Shares.
Other than as set out in Section 2, there is no information as at the date of this notice:
1. that has been excluded from a continuous disclosure notice to be given to the ASX in accordance with the ASX Listing Rules; and
2. that investors and their professional advisers would reasonably require for the purpose of making an informed assessment of:
a. the assets and liabilities, financial position and performance, profits and losses and prospects of the Company; or
b. the rights and liabilities attaching to the Shares.
This cleansing notice is important and should be read in its entirety.
Section 2 - INFORMATION EXCLUDED FROM CONTINUOUS DISCLOSURE NOTICES
On 28 November 2013, the Company announced that it had appointed Synergy International as its distributor for the Baltic States and Scandinavia. Under the terms of the agreement, Synergy International was to pay for 50% of the first 500 units by the end of December 2013. The Company has been working through the formal banking process with Synergy International and its bankers, which has been delayed due to the current holiday period. The payment is now due by the end of January 2014 and the agreement has been amended accordingly.
Other than the above, there is no additional information.
...............................................
Bob Kennett
Managing Director
-End-
For further information please contact:
For more information please contact: Ceramic Fuel Cells Limited Bob Kennett (UK) Tel. : +44 (0) 7764 200 Email 661 Clifford Ashby Tel. : investor@cfcl.com.au (Australia) Email : +61 (0) 3 9554 Tel. 2300 Ludmila Fuhrmann Email : investor@cfcl.com.au (Germany) : +49 (0) 171 1933 Corporate Communications 611 : Ludmila. Fuhrmann@cfcl.com.au Arden Partners Plc (AIM Nomad) Steve Douglas Tel. : +44 (0) 121 423 8900 Australian media enquiries Richard Allen Tel. : +61 (0) 3 9915 Oxygen Financial Email 6341 Public Relations : richard@oxygenpr.com.au UK media enquiries David Sturken Tel. : +44 (0) 207 379 Maitland Email 5151 : dsturken@maitland.co.uk German media enquiries Sebastian Mewissen Tel. : +49 211 430 7926 Hering Schuppener Email : smewissen@heringschuppener.com Consulting The Netherlands media enquiries Kees Jongsma Tel. : +31 (0) 20 647 SPJ Email 8181 : cjongsma@spj.nl
About Ceramic Fuel Cells Limited
Ceramic Fuel Cells Limited 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 Limited 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 Limited is also developing fully integrated power and heating products with leading energy companies E.ON UK in the United Kingdom and EWE in Germany. The company is listed on the London Stock Exchange 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
END
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