LYC 0.26% $7.77 lynas rare earths limited

adjustment to conversion price under convertib

  1. 196 Posts.
    27
    March
    2013
    Adjustment to Conversion Price under Convertible Bond Deed Poll
    As Lynas announced to the market on 15
    November
    2012, Lynas and Mount Kellett have had
    discussions regarding
    whether the institutional placement and share purchase plan that Lynas
    completed in late 2012 triggered the adjustment mechanism under the Convertible Bond Deed Poll
    released to the market on 24 January 2012.
    Lynas now announces that the Conversion Price
    under the Convertible Bond Deed Poll has been
    adjusted to A$1.15.
    For further information please contact Alistair Reid on +61 (0)2 8259 7100 or visit
    www.lynascorp.com
    For all media enquiries please contact Alan
    Jury or Cameron Morse from FTI Consulting on
    +61 2 8298 6100
 
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