Share Placement
31/10/2001 11:02am
UK Regulatory
RNS Number:4015M
Brierley Investments Limited
31 October 2001
BRIERLEY INVESTMENTS LIMITED
S.P.C. LIMITED : SHARE PLACEMENT OF 7, 100, 000 SHARES
31 October 2001 - Brierley Investments Limited ("BIL") announces that
through its wholly owned subsidiary, Yellow Ridge Nominees Pty Ltd, it has
agreed to subscribe for the placement of 7,100,000 shares at an issue
price of A$0.80 per share in S.P.C. Limited. The Subscription Date under
the Agreement is 1 November 2001. After subscription, BIL will hold
approximately 10% of the paid-up capital of S.P.C. Limited.
S.P.C. Limited is a company incorporated in Australia and is listed on the
Australia Stock Exchange. The principal business of the company is the
processing and marketing of fruit, vegetables and other food products.
Submitted by Jane Teah, Company Secretary on 31/10/2001 to the SGX