ZMM 0.00% 1.4¢ zimi limited

"when are these shares given out to be able to be traded?...

  1. 1,380 Posts.
    "when are these shares given out to be able to be traded? thanks"

    A quick look at the latest announcements would answer that for you:


    Last day for acceptance and payment in full 21st September 2009

    ASX notified of under subscriptions 21 September 2009

    Holding Statements dispatched 24 September 2009

    Normal trading commences 25 September 2009


    OFFER STATISTICS:

    Number of New Shares to be issued and offered to
    Shareholders 59,013,285

    Issue Price 4 cents per New Share


    4. EFFECT OF RIGHTS ISSUE ON THE COMPANY

    4.1 Principal Effects

    Assuming the Rights Issue is fully subscribed the principal effects are as follows:

    (a) The Company will issue 59,013,285 New Shares and the total number of Shares on issue will increase to 236,053,142. The New Shares will constitute approximately 25% of the expanded issued Share capital of 236,053,142 Shares.

    (b) The Rights Issue will also increase the Company’s cash reserves by approximately $2,360,351 (before expenses of the Rights Issue) to enable the Company to proceed with proposed acquisition of new businesses and costs associated therewith.
 
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