MEO Australia Limited (ASX: MEO) is pleased to advise that the Australian Stock Exchange has granted a waiver from Listing Rule 7.1 to enable MEO to undertake a share purchase plan (“SPP) at the same price as the share placement announced on 18 August 2016, and for the New Shares to be issued as an exception to MEO’s placement capacity under ASX Listing Rule 7.1.
Details of the SPP will be provided in the Share Purchase Plan Booklet, which will be shortly released to the market and provided to shareholders in due course.
MEO Price at posting:
4.1¢ Sentiment: Buy Disclosure: Held