Update of Reinstatement to the official quotation:
The company last advised on the status of work towards its proposed reinstatement to official quotation on 2 August 2017. At the time shareholders were advised that the Company:
Had continued to work with its advisers to determine the most appropriate offer structure for a capital raise proposed to satisfy the 20% free float condition in connection with the Company’s recompliance with Chapters 1 and 2 of ASX Listing Rules (Offer);
Was working with the ASX to finalise a prospectus in connection with the Offer (Prospectus) had received a notice from ASIC regarding continuous disclosure in respect of the Foxleigh transaction and was obtaining and considering advice in respect of the notice, and
Was therefore not in a position to provide an indicative timetable for the capital raise needed for reinstatement.
It was noted that ASIC stated that the notice should not be construed as in indication by ASIC that a contravention of the law has occurred nor should it be considered a reflection upon any person or entity.
During the past month, the Company has produced documents in answer to the ASIC notice.
On 7 September 2017, ASIC confirmed that it does not intend to take any further action against Realm in connection to the matters relating to the notice.
Realm will continue to keep the market informed of any developments and will provide an updated timetable for re- listing when it is in a position to do so.
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