CRP
12/08/2015 16:50
ALLOT
NOT PRICE SENSITIVE
REL: 1650 HRS Chatham Rock Phosphate Limited
ALLOT: CRP: Allotment of Shares
12 August 2015
Chatham Rock Phosphate Limited: Allotment of Shares
Chatham Rock Phosphate Limited (NZX: CRP) is pleased to advise that it has
raised new capital of approximately $262,000, through the issue of ordinary
shares (Shares) that comprised part of the Shortfall under its Rights Offer
dated 14 April 2015.
The Shares have been allotted at the same price as under the Rights Offer,
being $0.006 per Share. Concurrently, CRP allotted 150,000 ordinary shares
to two non-listed option holders in consideration for the cancellation of
their options. Following this and completion of the CRPOB Option exchange
earlier this week, CRP no longer has any options on issue.
Full details of the allotments are set out below.
For and on behalf of the Board,
Chris Castle
Managing Director
ALLOTMENT OF SHARES
Class of security: Ordinary shares
ISIN: NZWENE0003S0
Number issued: 43,823,333 Shares
Issue price: - $0.006 per Share (43,673,333 Shares)
- On a 1 for 5 exchange for unlisted $0.488 options (150,000 Shares)
Payment in cash: - Yes (43,673,333 Shares)
- No (150,000 Shares)
Fully paid: Yes
Percentage of class: 12.464%
Purpose of the issue: For working capital and to cancel unlisted options
Authority for issue: Board resolution, and Rules 7.3.5 and 7.3.4(a)
Date of issue: 12 August 2015
Total number of securities on issue following allotment: 395,428,041 Shares
End CA:00268313 For:CRP Type:ALLOT Time:2015-08-12 16:50:23
