re: Ann: Renounceable Rights Issue - Revised ...
Just a date change.
Central Petroleum Limited (Company) with the assistance of Patersons Securities Limited has arranged a fully underwritten renounceable rights issue to raise approximately $22.7 million in a one (1) new share for every two (2) shares pro-rata issue. In addition each five (5) new shares have one attaching option exercisable at 16 cents on or before 31 March 2014. The Entitlements Issue Prospectus was released to the market on 17 March 2010. ASX Limited have now advised that the �Timetable and Important Dates� included in the Prospectus previously released to the market needs to be corrected to the extent that the �Securities quoted on a deferred settlement basis� should commence on 16 April 2010 (the day after rights trading ceases) and not 23 April 2010, as is currently in the timetable.
REVISED TIMETABLE AND IMPORTANT DATES Lodgement of Prospectus with ASIC and ASX 17 March 2010 Notice sent to Shareholders 19 March 2010 Ex Date (date on which Shares commence trading on an ex-rights basis) 29 March 2010 Rights trading commences 29 March 2010 Record Date for determining Shareholder entitlements 6 April 2010 Prospectus despatched to Shareholders 8 April 2010 Rights trading ceases 15 April 2010 Securities quoted on a deferred settlement basis 16 April 2010 Closing Date of Offer 22 April 2010 Notify ASX of under-subscriptions 27 April 2010 Despatch date/Shares entered into Shareholders� security holdings 3 May 2010
CTP Price at posting:
39.5¢ Sentiment: LT Buy Disclosure: Held
