REG - 88 Energy Limited - Rights Issue Timetable - Clarification

88 EnergyAnnouncement

05/10/2018 11:25

RNS Number : 1475D
88 Energy Limited
05 October 2018
 


5th October 2018
 
 
 
88 Energy Limited
Rights Issue Timetable - Clarification
 
88 Energy Limited (ASX: 88E) ("88 Energy" or the "Company") wishes to advise shareholders of an amendment to the Rights Issue Timetable notified by the Company on 3rd October 2018 and set out in the Offer Document dated 5th October 2018.
 
Trading commences ex-entitlement on ASX on 9 October 2018, not 10 October 2018. Please refer to below revised timetable.
 
 
Indicative Timetable
The proposed timetable for the Offer is set out below. The dates are indicative only and the Company reserves the right to vary the dates, including the right to extend the closing date.
 
 



Announcement of the Open Offer


3 October 2018




Appendix 3B, circular (Offer Document) and notice under section 708AA(2)(f) of the Corporations Act 2001 (Cth) lodged with the ASX


Before 8am on 5 October 2018




Notice to Securityholders
 


8 October 2018




Expected ex-entitlement date for the Open Offer


8.00 a.m. (London Time) on 9 October 2018




Trading commences Ex-entitlement on ASX


9 October 2018




Record Date for the Open Offer


7.00 p.m. (AEDT) in respect of Qualifying Ordinary Shareholders and 6.00 p.m. (London time) in respect of Qualifying Depositary Interest Holders on 10 October 2018




Publication and despatch of this document and Application Forms


12 October 2018




Open Offer Entitlements and CREST Excess
Entitlements credited to CREST stock accounts of Qualifying Depositary Interest Holders


as soon as practicable after
8.00 a.m. (London time) on 12 October 2018




Recommended latest time for requesting withdrawal of Open Offer Entitlements and CREST Excess Entitlements from CREST


4.30 p.m. (London time) on 19 October 2018
 




Latest time for depositing Open Offer Entitlements and CREST Excess Entitlements into CREST


3.00 p.m. (London time) on 22 October 2018
 




Last date to extend


22 October 2018




Latest time for splitting
 
Closing date - Latest time and date for receipt of completed Application Forms and payment in full under the Open Offer or settlement of relevant CREST instructions in respect of Depositary Interests (as appropriate)


11.00 a.m. (London time) on 24 October
 
11.00 a.m. (London time) on 26 October 2018
5pm (WST) on 26 October 2018




Securities quoted on a deferred settlement basis


29 October 2018




Expected date of announcement of the results of the Open Offer


afternoon of 29 October 2018




Issue date of the Open Offer Shares and CHESS member accounts credited with Open Offer Shares (as applicable)


Before 9am (WST) on 31 October 2018




Admission and dealings in the Open Offer Shares to AIM


8.00 a.m. (London time) on 31 October 2018 1p.m. (WST) on 31 October 2018
 
 




CREST member accounts expected to be credited with the Open Offer Shares in Depositary Interest form


as soon as practicable on 31 October 2018
 
 




Quotation of Open Offer Shares on ASX


1 November 2018



 
 
Media and Investor Relations:
 
88 Energy Ltd
Dave Wall, Managing Director                                                    Tel: +61 8 9485 0990
Email: admin@88energy.com 
 
Finlay Thomson, Investor Relations                                         Tel: +44 7976 248471
 
Hartleys Ltd
Dale Bryan                                                                                  Tel: + 61 8 9268 2829
 
Cenkos Securities                                                                   Tel: + 44 131 220 6939
Neil McDonald/Derrick Lee
 




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