For what it is worth 6 June 2016 Lender Amendment Fee Elections...

For what it is worth

6 June 2016 Lender Amendment Fee Elections Slater and Gordon Limited (“Slater and Gordon”) (ASX:SGH) today announces that its lenders have advised the Company of their elections to receive deferred amendment fees in the form of either cash or securities (referred to in the Syndicated Facility Agreement as warrants) as outlined in the announcement to the ASX on 2 May 2016. Lenders representing approximately 41.6% of total commitments, have elected to receive Slater and Gordon securities in lieu of deferred amendment fees, which securities are to be issued at some point in the future based on the principles described in the 2 May 2016 ASX announcement. Lenders representing 58.4% of total commitments have elected to receive deferred amendment fees in cash. Accordingly, based on the lenders’ current level of commitments, the maximum expected dilutive impact of securities issued to warrant holders is approximately 6.24% of the current issued ordinary shares in the Company