RYG 0.00% 3.3¢ raya group limited

Breakout begins at 3.3c, page-58

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    From the notice of general meeting, please read last paragraph.... Today was the last day to get in or out....

    1. 3.1 General

      As has been advised to the market, the Company has entered the HOA pursuant to which it has agreed to acquire 100% of Xped Shares, subject to the satisfaction of various conditions, including Shareholder approval of the Xped Acquisition. It is anticipated that the acquisition of Xped will be completed in early 2016.

      Resolution 1 seeks Shareholder approval to the Xped Acquisition and for a change to the nature and scale of the Company’s activities, subject to the passing of the Conditional Resolutions.

      In light of the significance of the change to the Company’s activities, ASX has advised that the Company must re-comply with Chapters 1 and 2 of the Listing Rules (as required by Listing Rule 11.1.3). In accordance with ASX Guidance Note 12, the Company’s shares will be suspended from the beginning of the Trading Day on which the Meeting is held until the requirements of Listing Rules 1 and 2 have been met.
 
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Currently unlisted public company.

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