anyone got a good memory, page-7

Are these the ones?

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ROC OIL COMPANY LIMITED ("ROC")
STOCK EXCHANGE RELEASE
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ROC is pleased to advise that following closing of acceptances for its 3 for 8 Rights Issue on Wednesday 29 November 2006, acceptances were received for 72,409,271 new shares. After adjusting for ineligible shareholders, this represents a take up of over 91% of rights held by eligible shareholders and an overall total take up of about 89% of the new shares on offer.
The 8.8 million new shares representing the entitlements of ineligible shareholders and rights which were not exercised, will be offered to institutions and other investors under a Bookbuild, with any surplus above the $2.70/£1.09 issue price being distributed pro rata to ineligible shareholders and persons who did not take up their rights. The Bookbuild will be conducted by the underwriter, UBS AG, today.
The Rights Issue, which will raise gross proceeds of about $219 million, will enable ROC to reduce debt and will provide the Company with greater financial flexibility.
ROC expects to issue the new shares on Friday, 8 December 2006 and, where applicable, holding statements will be despatched on Monday, 11 December 2006. Normal trading in these shares is expected to commence on ASX and AIM from Tuesday, 12 December 2006. CREST accounts in the UK are also expected to be credited on that date. As a result of the Rights Issue ROC’s issued capital will increase by approximately 81.2 million shares (37.6%) to 297.8 million shares.
ROC also advises that pursuant to ASX Listing Rule 6.22, following completion of the Rights Issue the exercise price for all employee and executive options currently on issue will be decreased by 22 cents with effect from Tuesday, 12 December 2006.
Commenting on the Rights Issue, ROC's CEO, John Doran, stated that:
"An overall take up of over 91% by eligible shareholders – including strong institutional support in the UK - makes for a successful Rights Issue and it is fitting that this has been achieved towards the end of a year which has seen the Company transform itself through successful exploration, development and asset acquisition."
Michelle Manook
General Manager – Corporate Affairs
For further information please contact:
Dr John Doran on
Tel: +61-2-8356-2000
Fax: +61-2-9380-2635
Email: [email protected]
Or visit ROC’s website: www.rocoil.com.au
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WEBLINK announcements go WAYYYY back! ... for ROC they go all the way to 2003!

www.weblink.com.au

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