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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Consol.Minerals | LSE:CNM | London | Ordinary Share | AU000000CSM6 | 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% | 206.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:3701L Consolidated Minerals Limited 08 January 2008 9 January 2008 Consolidated Minerals Limited (ASX:CSM, AIM:CNM, FSE:CMN) advises that Palmary Enterprises (Australia) Pty Limited ("Palmary") has lodged a notice of change of interests of substantial holder. The notice discloses that Palmary has a 91.48% shareholding in Consolidated Minerals, represented by 241,639,795 fully paid ordinary shares. This is a reduction from the previously announced holding of 95.37% as a result of failed trade settlements of on-market purchases of 12,110,691 CSM shares. Palmary has also advised that: (a) its offer for all the ordinary shares in CSM closed at 7.00pm (Melbourne time) on 8 January 2008; (b) it is entitled to proceed with compulsory acquisition. As set out in Palmary's Third Supplementary Bidder's Statement dated 24 December 2007, Palmary will decide whether to exercise compulsory acquisition rights following the expiry of its offer. If Palmary decides to proceed with compulsory acquisition, it will dispatch a compulsory acquisition notice within one month after the end of the offer period. A copy of Palmary's announcement is available on the ASX website www.asx.com.au John Abbott Company Secretary The Company's nominated adviser is RFC Corporate Finance Ltd - contact Stephen Allen +61 8 9480 2507. This information is provided by RNS The company news service from the London Stock Exchange END OUPBPMJTMMAMTTP
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