1.3.SHORTFALL SHARES
Any Shares which are offered to Eligible Shareholders as part of their Entitlement but are not taken up will comprise the Shortfall Shares.
Eligible Shareholders who have subscribed for their Entitlements in full may apply for Shortfall Shares by completing the relevant section of their Entitlement and Acceptance Form and returning it to the Company together with the relevant Application Monies.
Shortfall Shares will be allocated to Eligible Shareholders who apply for Shortfall Shares in accordance with the following policy(subject to availability):
•the additional Entitlements will only be issued to the extent there is a sufficient number of available Entitlements;
•applications may be scaled back by the Company in accordance with the policy and discretions set out in this Prospectus; and
•the additional Entitlements will be issued at the Entitlement Offer price of $0.026per Share.
Therefore, applications for Shortfall Shares may not be successful (whether wholly or partially)and the Company does not guarantee the allocation of Shortfall Shares to any applicant.The decision of the Company on the number of Shortfall Shares to be allocated (if any) will be final.
Any Application Monies received for more than an applicant’s final allocation of Shortfall Shares will be refunded (without interest) by the Company in accordance with the Corporations Act.
No Shortfall Shares will be placed to Directors or related parties of the Company, or any of their associates, and no Shortfall Shares will be placed to any person if it would cause that person or any of their associates to breach the takeover prohibition in section 606 of the Corporations Act.
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1.3.SHORTFALL SHARESAny Shares which are offered to Eligible...
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