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FTE Forte Energy

0.0029
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Forte Energy LSE:FTE London Ordinary Share AU000000FTE4 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% 0.0029 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Forte Energy NL Prospectus

12/03/2013 8:21am

UK Regulatory



 
TIDMFTE 
 
Prospectus 
                                                                                            Forte Energy NL 
 
                                                                                           ACN 009 087 852 
 
 
                                                                                       ASX and AIM Release 
                                                                                           12 March 2013 
 
Prospectus 
 
Forte Energy NL ("Forte Energy" or "The Company") (ASX/AIM: FTE) 
 
The Company advises that a short-form prospectus was lodged with the Australian Securities and Investments 
Commission  today and a copy subsequently released on the Australian Stock Exchange today. A copy  of  the 
prospectus may be viewed at the Company's website: www.forteenergy.com.au. 
 
Pursuant to the prospectus, the Company is offering 1,000 shares at an issue price of $0.03 each (Offer). 
 
Purpose of the Offer 
On  6 March 2013 the Company completed the placement of 29,250,000 Shares each at an issue price of GBP0.0201 
(Placement Shares) to raise GBP587,177 (before costs).  The Placement Shares were issued to Darwin  Strategic 
Limited  (Darwin) pursuant to a draw down under GBP10 million equity finance facility details of  which  were 
announced on ASX on 15 February 2013 (Darwin Finance Facility). 
 
This Prospectus has been issued to facilitate secondary trading of the Placement Shares as they were issued 
without  disclosure  under  Part  6D.2  of  the Corporations Act.   A  prospectus  is  required  under  the 
Corporations Act to enable Darwin to on-sell those Placement Shares within 12 months of their  issue.   The 
Company did not issue the Placement Shares with the purpose of Darwin selling or transferring the Placement 
Shares,  or  granting, issuing or transferring interests in the Placement Shares within 12  months  of  the 
issue but this Prospectus provides them with the ability to do so should they wish. 
 
Accordingly, the purpose of this prospectus is to: 
(a)       make the Offer; and 
(b)       ensure  that  the  on-sale  of  the Placement Shares does  not  breach  section  707(3)  of  the 
          Corporations Act by relying on the exemption to the secondary trading provisions in section 
          708A(11) of the Corporations Act. 
 
The  offer  shall  close on 14 March 2013 or such other date as the Directors in their absolute  discretion 
shall  determine, subject to the requirements of the Listing Rules. Application will be made  for  the  new 
shares  to be admitted to trading on both the ASX and AIM.  Trading in the new shares is expected to  occur 
on AIM on around 20 March 2013. 
 
 
Murray Wylie 
Company Secretary 
 
 
 
For further information contact: 
 
Mark Reilly, Managing Director 
Forte Energy NL                                   Tel: +44 (0) 203 3849555 
 
Stuart Laing 
RFC Ambrian Ltd                                   Tel: +61 (0) 8 9480 2506 
(AIM Nominated Adviser to the Company) 
 
Geoff Nash/Ben Thompson                           Tel: +44 (0)207 220 0550 
Elizabeth Johnson (broking) 
finnCap 
 
Bobby Morse/Cornelia Browne/Louise Hadcocks 
Buchanan                                          Tel: +44 (0) 207 466 5000 
 
Forte Energy NL 
 
Australia                                         United Kingdom 
 
Suite 3, Level 3                                  3C Princes House 
1292 Hay Street                                   38 Jermyn Street 
West Perth WA 6005                                London SW1Y6DN 
Ph: +61 (0)8 9322 4071                            Ph: +44 (0)203 3847474 
Fax: +61 (0)8 9322 4073                           Fax: +44 (0)207 2878387 
Email: info@forteenergy.com.au                    Email: info@forteenergy.co.uk 
Web: www.forteenergy.com.au 
 
 
Forte Energy NL 
 

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