RRS 0.00% 0.1¢ range resources limited

2008 Unlisted option holders offerShortfall In the event any New...

  1. 572 Posts.
    2008 Unlisted option holders offer

    Shortfall

    In the event any New Shares are not taken up by existing Range shareholders (Shortfall), the Company proposes to offer those persons who were registered as holders of $1.00 unlisted options (Expired Options), which expired on 1 October 2008 (Expiry Date), on the date of such expiry (Ex-Optionholders), the right to subscribe under the Shortfall for 1 New Share at $0.05 per New Share (with the free Attaching 1 for 2 Option) on the basis of every 2
    Expired Options held on the Expiry Date.

    If the Shortfall is oversubscribed by the Ex-Optionholders, the Company will use its 15% capacity pursuant to ASX Listing Rules to issue further New Shares (and Attaching Options) to the Ex-Optionholders.


    So put simply if you apply for your full entitlement as an 2008 Unlisted Option holder you will receive entitlement in full, Cheers.
 
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Currently unlisted public company.

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