Only Shareholders that are registered as at 5.00pm (WST) on the Entitlement Issue Record Date with registered addresses in Australia and New Zealand will be able to participate in the Entitlements Issue. To make an Entitlements Issue in any other jurisdiction may constitute a violation of applications securities laws.
The Directors believe that it is unreasonable to make the Entitlements Issue to foreign Shareholders, having had regard to the number of Shareholders in the relevant jurisdictions, the number and value of Entitlement Issue Options those Shareholders would be offered and the cost of complying with the securities legislation of those jurisdictions.
Accoringly, the Entitlements Issue is not being made.......