OCV octaviar limited

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  1. NOR
    1,000 Posts.
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    The Manager
    Company Announcement Office
    NSX
    Level 2, 117 Scott Street
    Newcastle NSW 23000...
    Dear Sir/Madam
    Extension of Buy-Back Offer closing date to Friday 27 April 2018
    The Board of Asset Resolution Limited (ASS) have extended the Buy-back Offer closing date from 20
    April 2018 to 27 April 2018. The new deadline is following a number of Shareholders’ requests for more
    time to complete return their Buy Back Invitation Form.
    Indicative Timetable
    Key events Original Date New Date
    Buy-Back Offer announced 20 March 2018 20 March 2018
    Record Date (7:00 pm Sydney time) 28 March 2018 28 March 2018
    Buy-Back Offer Booklet dispatched to Shareholders 4 April 2018 4 April 2018
    Buy-Back Offer Opening Date 4 April 2018 4 April 2018
    Last date for withdrawal of acceptances 20 April 2018 27 April 2018
    Buy-Back Offer Closing Date (7pm Sydney time) 20 April 2018 27 April 2018
    Entry into Buy-Back contracts and payment for Shares
    bought back
    30 April 2018 4 May 2018
    Buy-Back Shares cancelled 1 May 2018 8 May 2018
    Or further information on the Buy-back Offer, please refer to the Buy-back Booklet that was posted on
    4 April 2018 and is available of the NSX and Company website.
    Octaviar
    ASS is currently owed approximately $204 million by Octaviar Limited (formerly MFS Limited) and
    approximately $137 million by Octaviar Administration Pty Ltd (formerly MFS Administration Pty Ltd).
    ASS received a distribution during the course of December 2018 of $1,467,197. Since the lodgment of
    the Buy back Offer receiving a second dividend of $547,743.54.
    The amount and timing of any further distributions is not known. If ASS receives notification that a
    further dividend will be issued, the Company will release the details on the NSX and on
    www.arlimited.com.au.
    For further information please contact ASS’s company secretary, Vicky Allinson on 08 8423 0170 or
    email [email protected].
    Yours sincerely
    Vicky Allinson
    See More

    Asset Resolution Limited - Home
    The Board of ARL have extended the Buy-Back Offer closing date from 10 April 2018 to 27 April 2018. The new deadline is following a number of Shareholders' request for more time to complete return their Buy-Back Invitation form. The release can be view here
    arlimited.com.au
 
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Currently unlisted public company.

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