Been watching market depth it could be some large shareholdes offloading after taking up shares on the last issue to raise $9mill at 18c *************************** __See below ______________________________
Company Announcements Australian Stock Exchange Limited By electronic transmission Tuesday 27 September 2005 Dear Sir SUCCESSFUL CAPITAL RAISING The Directors of Customers Limited (ASX:CUS) are pleased to announce the completion of a $9.0 million capital raising through the issue of 50,000,000 fully paid ordinary shares in the Company at $0.18 per share. The capital raising has been conducted in accordance with ASX Listing Rule 7.1 and no shareholder approval is required. Attached is a notice given by the Company in accordance with section 708A(5)(e) of the Corporations Act 2001. The capital raising was managed by Bell Potter Securities Limited and Customers is delighted with the very strong support received from institutional and professional investors. The proceeds raised by the placement are to be used to fund the further growth of the business. The Managing Director of Customers, Mr Greg Baker, commented “the funds raised strengthens Customers financial capacity to continue the execution of its strategy to build Australia’s leading listed payments system business“. About Customers Limited (www.customers.com.au) Customers Limited is an Australian Electronic Payments System business which is listed on the Australian Stock Exchange (ASX code: CUS) Customers is a member of the ATM Industry Association and is one of the largest merchant ATM deployers in Australia. Its strategy is to become the leading supplier of electronic payment systems in Australasia through market aggregation and organic growth. For more information please contact: Greg Baker Customers Limited 02 8236 2500 Shuna Boyd Boyd PR 02 9418 8100 Head Office 3 Spring Street Sydney NSW 2000 GPO Box 3613 Sydney 2001 T 61 2 8236 2500 F 61 2 8236 2599 E [email protected] www.customers.com.au
CUS Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Not Held
