AX1 1.49% $2.04 accent group limited

Wording in the document issued for the EGM of 12/5/2015...

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    Wording in the document issued for the EGM of 12/5/2015 regarding the SPP is as follows


    Share Purchase Plan
    Subject to completion of the Transaction, the Company will offer eligible Shareholders the opportunity to
    participate in a share purchase plan. The share purchase plan will allow eligible Shareholders the opportunity
    to subscribe for up to $15,000 worth of new Shares each without paying brokerage or other transaction
    costs. It is intended that the new Shares will be issued under the share purchase plan for no more than $0.70
    per share.
    The share purchase plan will provide eligible Shareholders the opportunity to subscribe for new Shares at the
    price at which Shares were offered to investors under the Placement and the Transaction Shares will be
    issued to the AGL Shareholders.
    The Company is seeking to raise $10 million under the share purchase plan, with the capacity to accept
    oversubscriptions (at its discretion). The Company also reserves the right to scale back applications under the
    share purchase plan if the total value of funds raised exceeds $10 million.
    The share purchase plan will not be underwritten. Proceeds from the share purchase plan will be used to
    fund the ongoing working capital requirements of the business.
    The full terms and conditions, including eligibility to participate in the share purchase plan, will be provided
    to Shareholders following the Meeting.
 
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$2.04
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