SOM 0.00% 34.5¢ somnomed limited

Ann: Investor presentation, page-2

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    • Wilsons Corporate Finance Limited (“Wilsons” or the “Underwriter”) has applied for approval by ASIC, for the purposed of section 615 of the Corporations Act, so as to deal with New Shares that would haveotherwise been offered to ineligible foreign shareholders in the Entitlement Offer.
    • The Company’s largest shareholder, TDM Growth Partners Pty Ltd (“TDM”) has confirmed that it will take up its full Entitlement under the Entitlement Offer and has also agreed to sub-underwrite the EntitlementOffer should there be any shortfall. Pursuant to its sub-underwriting agreement, TDM will receive a fee of 1.0% (including GST) on the value of any shortfall allocated to TDM under the Entitlement Offer, which isequivalent to the fee that any other sub-underwriter will receive on the value of any shortfall allocations to them in the Entitlement Offer
    • TDM’s shareholding (depending upon the take up of the Entitlement Offer by other shareholders) may increase from 27.0% to a maximum of 40.5% of shares on issue post completion of the Entitlement Offer
 
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