7 January 2015
ANNOUNCEMENT Non-‐renounceable entitlements issue - extension to closing date
On 5 December 2014, Pacific Niugini Limited (ACN 003 207 467) (ASX Code: PNR) (Company) announced a non-‐renounceable entitlement issue of 1 Share for every 4 Shares held to raise approximately $3,924,540 (before costs of the offer) (Rights Issue Offer).
A number of shareholders or their representatives have indicated difficulty in meeting the issue timeline due to disruptions to the normal course of business over the Christmas and New Year period. The Company has received requests to extend the closing date of the Rights Issue Offer to enable more shareholders to participate and accordingly the directors have resolved to extend the closing date of the Rights Issue Offer until 5.00pm (WST) on Wednesday 28 January 2015.
A revised indicative timetable is outlined below (with revised new dates highlighted in grey).
Lodgement of Prospectus with the ASIC | 5 December 2014 |
Lodgement of Prospectus and Appendix 3B with ASX | 5 December 2014 |
Notice sent to Optionholders | 5 December 2014 |
Notice sent to Shareholders | 9 December 2014 |
Ex date | 10 December 2014 |
Record Date for determining Entitlements | 7pm Sydney time 12 December 2014 |
Prospectus sent out to Shareholders & Company announces this has been completed | 17 December 2014 |
Last day Company can extend Closing Date | 9 January 2015 |
Closing Date* | 28 January 2015 |
Securities quoted on a deferred settlement basis* | 29 January 2015 |
ASX notified of under subscriptions | 2 February 2015 |
Issue date/Securities entered into Shareholders' security holdings/ dispatch of holding statements* | 3 February 2015 |
Official Quotation of Securities issued under the Offer* | 4 February 2015 |
ABN: 30 003 207 467
T:08 9215 6005 | F:08 9220 5757 | E:admin@niugini.com.au | W:www.niugini.com.au Level 3, 18-‐32 Parliament Place, West Perth 6872
* The Directors may extend the Closing Date by giving at least 3 Business Days' notice to ASX prior to the Closing Date. As such the date the Securities are expected to commence trading on ASX may vary.
For further information please contact the Company.
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