AZA anzon australia limited

nxs takes 10 percent of company

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    Nexus Energy Limited (“Nexus”) has acquired a relevant interest of 40.4 million shares in Anzon
    Australia Limited (“Anzon”). This strategic stake represents 10.91% of the current issued capital
    of Anzon.
    The relevant interest of 10.91% has been acquired via on-market purchases and an off-market
    exchange of Nexus shares for Anzon shares.
    The on-market purchase of 26.8 million shares was acquired at a volume weighted average price
    of just under $1.69 per share.
    The off-market acquisition of 13.6 million shares from a subsidiary of Viking Shipping Limited
    (“Viking”) in exchange for shares in Nexus based on an exchange ratio of 1.1 Nexus shares for 1
    Anzon share.
    The off-market acquisition of 13.6 million shares from Viking was acquired in two tranches:
    tranche one being the unconditional agreement to purchase 10.9 million shares and tranche two
    being the agreement to purchase 2.7 million shares which is conditional on FIRB approval.
 
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Currently unlisted public company.

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