Proposed capital return to holders of shares in YAML
The YAML Directors have made a decision to return capital to holders of ordinary shares in YAML by way of an equal reduction of share capital which is to be undertaken in accordance with the Australian Corporations Act 2001 (Cth). Accordingly, YAML shareholders will be asked to consider and vote on a resolution to return up to A$13.65 million of its capital to its ordinary shareholders (or 3.5 Australian cents per ordinary share) at the Meeting. Detailed information regarding the proposed capital return to YAML shareholders is provided in the Notice.
If a majority of YAML shareholders vote in favour of the proposed capital return, YAML has made arrangements for its share registry (Computershare) to effect the relevant payment to each YAML shareholder. In order to facilitate efficient payment of the amount of capital that will be due to you as a YAML shareholder, if you have not already done so, please update your bank account details by printing (if required) and completing the “Direct Credit” form found
here, and then email the completed form to
[email protected] or post the completed form to GPO Box 3160, Brisbane, Queensland 4001.
Alternatively, you can go to
www.computershare.com.au/investor, log into your portfolio and select “Update your bank account” to provide Computershare with your bank account details.
