NWT 0.00% 11.5¢ newsat limited

... todays announcement - not market sensitive ......... 4...

  1. 3,605 Posts.
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    ... todays announcement - not market sensitive ...
    ...
    ... 4 February 2010
    Mr Darren Collins
    Australian Securities Exchange Limited
    ...
    NewSat Limited - Notice in respect of issue of securities via Share Purchase Plan
    given under Australian Securities and Investment Commission (ASIC) Class Order
    09/425................
    ...
    NewSat Limited (NewSat) announced on 27 January 2010 a proposed share purchase plan
    (SPP) to open on 4 February 2010 under which eligible shareholders may be issued up to
    $15,000 worth of new ordinary fully paid shares in NewSat (Shares).
    The SPP will be offered pursuant to ASIC Class Order 09/425 which operates to exempt
    NewSat from Parts 6D.2 and 6D.3 of the Corporations Act 2001 (Cth) (Act) (other than
    sections 736 and 738). A condition of the Class Order is that NWT give this notice before
    the SPP is offered.
    Accordingly, NewSat gives notice in accordance with the requirements of Class Order
    09/425 that:
    1. NewSat will be issuing the Shares without disclosure to investors under Part 6D.2 of
    the Act;
    2. As at the date of this notice, NewSat has complied with:
    a. The provisions of Chapter 2M of the Act as they apply to NewSat; and
    b. Section 674 of the Act; and
    3. As at the date of this notice, there is no information:
    a. that has been excluded from a continuous disclosure notice in accordance with
    the ASX Listing Rules; and
    b. that investors and their professional advisors would reasonably required for the
    purpose of making an informed assessment of:
    i. the assets and liabilities, financial position and performance, profits and
    losses and prospects of NewSat; or
    ii. the rights and liabilities attaching to the Shares.
    Yours faithfully
    Adrian Ballintine Adam Shapiro
    Chief Executive Officer CFO and Company Secretary
    ...
    ......... ende of announcement ....
    ...
    ...
 
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