Referring to this...
"In compliance with Listing Rule 7.7.1 and the corporations Act, Norfolk has appointed
Commonwealth Securities (the Nominee) to
arrange for the sale on ASX of the Rights which
would have been granted to Ineligible Shareholders.
The Nominee will direct the net proceeds (if any)
to Norfolk or any other party upon Norfolks
instruction to facilitate pro-rata payments to
Ineligible Shareholders.
The Nominee will have the absolute and sole
discretion to determine the timing and the price at
which the Rights may be sold and the manner in
which any sale is made. Any interest earned on the
proceeds of the sale of these Rights will firstly be
applied against expenses of such sale, including
brokerage, and any balance will accrue to Norfolk.
The proceeds of sale (if any) will be paid in
Australian dollars to the Ineligible Shareholders
for whose benefit the Rights have been sold in
proportion to their shareholdings (after deducting
brokerage commission and other expenses). If
any such net proceeds of sale are less than the
reasonable costs that would be incurred by Norfolk
for distributing those proceeds, such proceeds may
be retained by the Nominee.
Notwithstanding that the Nominee may sell Rights,
Ineligible Shareholders may nevertheless receive no
net proceeds if the costs of the sale are greater than
the sale proceeds.
Neither Norfolk nor the Nominee will be liable for a
failure to sell Rights or to sell Rights at any particular
price. If the Nominee is unable to sell the Rights of
Ineligible Shareholders, then those Rights will be
allowed to lapse."
Referring to this..."In compliance with Listing Rule 7.7.1 and...
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