TLG 0.00% 38.0¢ talga group ltd

Ann: Talga Upsizes Heavily Oversubscribed Share Purchase Plan, page-6

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    The strong demand from eligible shareholders necessitates a significant scale-back of SPP
    applications. Scale backs have been applied using a range of factors outlined in the SPP Offer
    Document including trading activity since the SPP Record Date and metrics to reward longer-term
    shareholders.

    Will be scaled back. Initially $10Mill, received $53Mill in payments! (Heavily oversubscribed!).
    Will be scaled back to $30Mill.
    Now we wait to see how many we each get based on the metrics noted above.

    gltah
 
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