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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Synergia Energy Ltd | LSE:SYN | London | Ordinary Share | AU0000233538 | 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% | 0.1225 | 0.12 | 0.125 | 0.1225 | 0.1225 | 0.1225 | 39,183,720 | 08:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Crude Petroleum & Natural Gs | 1.3M | -5.38M | -0.0006 | -2.00 | 10.1M |
TIDMOEX
RNS Number : 4513T
Oilex Ltd
20 July 2015
ASX Announcement
20 July 2015
ASX: OEX
AIM: OEX
Capital Raising - Update
On 7 July 2015, the Company announced that it was undertaking a capital raising package to secure approximately A$30 million (before costs) (Capital Raising). A component of the Capital Raising included approximately A$9.4 million through the issue of 225,490,196 Shares to Zeta Resources Limited (Zeta Deferred Shares) at A$0.04182 per Share.
As announced on 8 July 2015, Oilex is seeking Shareholder approval at a General Meeting on 12 August 2015 for the issue and allotment of the Zeta Deferred Shares within five (5) months after the General Meeting, this required the Company to seek an ASX waiver of Listing Rule 7.3.2 which stipulates all shares must be issued no later than three (3) months after the date of the General Meeting.
The Company has been notified this waiver will not be granted.
Subject to shareholder approval, the Company will now proceed to issue and allot the Zeta Deferred Shares within three (3) months after the date of the General Meeting in accordance with Listing Rule 7.3.2
For and on behalf of Oilex Ltd
Ron Miller
Managing Director
For further information, please contact the company or its advisors listed below:
PAC Partners Strand Hanson Vigo Communications Pty Ltd Westhouse Securities Limited Public Relations Australian Broker Limited Nominated Adviser UK Andrew Shearer AIM Broker Rory Murphy Patrick d'Ancona Email: Robert Finlay / Alastair /Ritchie Balmer / Chris McMahon ashearer@pacpartners.com.au Stratton Email: Email: Tel: +61 3 8633 Email: oilex@strandhanson.co.uk patrick.dancona@vigocomms.c 9862 alastair.stratton@westhousese Tel: +44 20 om Australia curities.com 7409 3494 chris.mcmahon@vigocomms.com Tel: +44 20 7601 UK Tel: +44 20 7016 6100 9570 UK UK ============================ ============================== ========================== ============================
This information is provided by RNS
The company news service from the London Stock Exchange
END
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