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Notification of Rights Issue Shortfall

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RNS Number : 7052U
Oilex Ltd
31 July 2015
 



ASX Announcement

 

31 July 2015

 

 

ASX: OEX

AIM: OEX

 

 

Notification of Rights Issue Shortfall

 

Oilex Ltd advises that the recent 1 for 4 renounceable Rights Issue closed on 28 July 2015.  The results of the Rights Issue is as follows:

 

 

Total number of Shares under the Offer

169,476,510

Total number of Shares applied for

16,235,098

Shortfall number of Shares

153,241,412

 

 

The shortfall for the Offer is $6,282,898 and the shares will be allocated in accordance with the terms outlined in the Offer Booklet.

 

  

Yours faithfully,

 

Chris Bath

Chief Financial Officer and Company Secretary

   

For further information, please contact the company or its advisors listed below:

 

PAC Partners Pty Ltd

Australian Broker

Andrew Shearer

Email: ashearer@pacpartners.com.au

Tel: +61 3 8633 9862

Australia

Westhouse Securities Limited

AIM Broker

Robert Finlay / Alastair Stratton

Email:  alastair.stratton@westhousesecurities.com

Tel: +44 20 7601 6100

UK

 

Strand Hanson Limited

Nominated Adviser

Rory Murphy  /Ritchie Balmer   

Email:  

oilex@strandhanson.co.uk

Tel: +44 20 7409 3494

UK

 

Vigo Communications

Public Relations UK

Patrick d'Ancona / Chris McMahon

Email:
patrick.dancona@vigocomms.com

chris.mcmahon@vigocomms.com

Tel:   +44 20 7016 9570

UK                                               

 

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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