prr - share purchase plan spp

Some breakdown on what's going on with the Share Purchase Plan

Indicative timetable ( note it says indicative )

Key dates - Placement
Announcement and trading halt Wednesday, 25 May 2011

>Book opens 10am, Wednesday, 25 May 2011
Book closes 5pm, Wednesday, 25 May 2011

obviously the "book' is with the Instutions right now... and it close TODAY
... thats the first $18 million done ( if not more )

> Prima shares re-commence trading Thursday, 26 May 2011
the day that 'normal 'trading of PRR shares resumes ( but no new shares )
... the new $18 million of shares from the instos will not be available to trade until June 1st 2011

> Placement settlement and allotment date Tuesday, 31 May 2011
... day the instos will know what amount of shares they get

> New Placement shares commence trading Wednesday, 1 June 2011
... day the instos can trade their alloted shares

AND NOW FOR US MERE MORTALS ...

Key dates - SPP ( Share Purchase plan )

> Record Date for determining entitlement to participate in SPP Tuesday, 24 May 2011
... yesterday was the day, that based on your number of PRR shares entitles you to buy on the Share purchase plan , and how many

> SPP offer materials despatched to eligible shareholders Monday, 30 May 2011
... the day you will receive or be sent the info and forms to apply for the new shares

> SPP offer opens Friday, 3 June 2011
the day from which you can actually actually apply for new PRR shares

> SPP offer closes 5pm, Friday, 24 June 2011
... the day the offer closes

> Settlement of SPP shares Wednesday, 29 June 2011
the day your shares are allocated to the peple who have applied

> Allotment of SPP shares Thursday, 30 June 2011
the day they give you the shares ... or notify you of what you get

> New SPP shares commence trading Friday, 1 July 2011
... the day you can start trading your new shares