OAK 0.00% 6.9¢ oakridge international limited

Ann: Prospectus, page-79

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    Only holders registered or recorded on 15 Nov 2016 will be eligible for the SPP. The outcome of SPP (successful or unsuccessful) will definitely depend on the share price before 20 January 2017 whether it would be above $0.033. The SPP with the closing date on 20 January 2017 without standby underwriting may signal the board's confidence in the SPP. RECALL the company's announcement on 16 Nov 2016, Quoted " Existing shareholders rewarded with ability to participate in $7.5mn SPP (3.3c per share with 1:1 5c ....)".

    Extract from the announcement on 16 Dec 2017.
    The right to participate in the Share Purchase Plan is optional and is available exclusively to shareholders of Xped who are registered as holders of Shares at 7pm (AEDT) on the Record Date of 15 November 2016 and whose registered address is in Australia or New Zealand (Eligible Shareholders)
 
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