Linc Energy Limited (ASX:LNC) Announce To Shareholders A Share Purchase Plan
Brisbane, Aug 11, 2009 AEST (ABN Newswire) - Linc Energy Limited (ASX:LNC)(PINK:LNCGY) announced a proposed share purchase plan (SPP) under which eligible ordinary shareholders would be entitled to apply for up to A$15,000 worth of new ordinary fully paid shares in the Company.
The SPP follows the recently completed institutional share placement (Placement) which successfully raised an amount of A$57.4 million of capital. Shares under the SPP will be offered at an issue price equivalent to the institutional Placement share price of A$1.40.
The SPP offer is to open on 17 August 2009 and is to close at 5:00pm (AEST) on Friday, 4 September 2009.
The SPP offer is open only to holders of fully paid ordinary shares who were recorded on the Company's register on the record date (5 August 2009), who have a registered address in Australia or New Zealand, and who are eligible to participate in the offer pursuant to the SPP terms and conditions.
The attached letter and the SPP terms and conditions will today be mailed to shareholders of Linc Energy who may be eligible to participate in the offer.
Shareholders should read the SPP terms and conditions carefully when considering whether to participate in the offer.
For the complete Linc Energy ASX Announcement, please click the link below:
http://www.abnnewswire.net/media/en/docs/61230-ASX-LNC-212657.pdf
Contact
Information for Media:
Mr Peter Bond
Chief Executive Officer
Tel: +61-7-3229-0800
Email: pab@lincenergy.com.au
ASX Contact:
Mr Craig Ricato
Company Secretary
Tel: +61-7-3229-0800
Email: craig.ricato@lincenergy.com.au
Information for investors:
Ms Janelle van de Velde
Manager, Investor Relations & Corporate Communications
Tel: +61-7-3229-0800
Email: janelle.vandevelde@lincenergy.com.au
| ||
|
