GEO
08/09/2015 10:09
SPP
PRICE SENSITIVE
REL: 1009 HRS GeoOP Limited
SPP: GEO: GeoOp Share Purchase Plan
GEOOP LIMITED (NZX:GEO)
Tuesday, 8 September 2015
Share Purchase Plan
Further to the announcement on 24 August 2015, GeoOp Limited (GEO) advises
that the offer documentation for its Share Purchase Plan is being dispatched
today to all persons who held GEO shares as at the Record Date (being 5pm on
4 September 2015) and had a New Zealand address recorded in the share
register.
The Share Purchase Plan opens today (8 September 2015) and closes on 25
September 2015. Each eligible shareholder is entitled to subscribe for up to
NZ$15,000 of GEO shares (being the maximum amount currently permitted under
the NZAX Listing Rule 7.3.4(c)).
The Issue Price will be the lower of:
(a) NZ$0.48 per share (being the price payable by investors in GEO's recent
private placement); and
(b) the average end of day market price of GEO's shares over the five
business day period from, and including, 21 September 2015 to and including
25 September 2015.
A copy of the Share Purchase Plan offer document is attached to this
announcement.
For more information please contact:
Stewart Reynolds
Chief Financial Officer and Company Secretary
Email: [email protected]
-ends-
End CA:00269786 For:GEO Type:SPP Time:2015-09-08 10:09:50
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