15th Aug 2012 07:00
Wednesday 15 August 2012
Extension to Closing Date for Overseas Offer
New Closing Date of Tuesday 4 September 2012
Ceramic Fuel Cells Limited (AIM / ASX: CFU) a leading developer of small generators that use fuel cell technology to convert natural gas into electricity and heat for homes and other buildings, announces an extension to the closing date for its current overseas offer to qualifying participants outside of Australia, New Zealand and certain other territories.
On 24 July 2012 the Company announced a rights issue and overseas offer to existing holders to raise further working capital. The overseas offer seeks to raise up to approximately GBP 2 million (being the pounds sterling equivalent of EUR 2.5 million) at an issue price of four pence per share.
The Company is extending the closing date for the overseas offer from Monday 20 August, to Tuesday 4 September 2012. The Company has also extended the closing date for the rights issue.
The new indicative timetable for the overseas offer is below:
Event | Indicative timing |
Offer closes | 5.00pm 4 September 2012 |
Admission of new shares to AIM | 8.00am 11 September 2012 |
CHESS / Issuer Sponsored / CREST accounts expected to be credited for the new shares or depository interests (as applicable) | 8.00am 11 September 2012 |
All references to time are to British Summer Time.
Eligible shareholders will have received either a rights issue prospectus or an overseas offer circular (as applicable) and an entitlement and acceptance form. Shareholders should refer to these documents for the full details and terms of the rights issue or overseas offer.
More information about the Company and our recent activities, including our announcements and financial reports, is available at the Company's website, www.cfcl.com.au.
For more information please contact:
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Ceramic Fuel Cells Limited |
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Andrew Neilson | Tel. | : +61 (3) 9554 2300 |
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Nomura Code Securities (AIM Nomad) |
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Juliet Thompson Chris Golden | Tel. | : +44 (0) 207 776 1200 |
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Australian media enquiries | |||||
Richard Allen Oxygen Financial Public Relations | Tel. | : +61 (0) 3 9915 6341 | |||
UK media enquiries | |||||
Mark Way MW Research PR | Tel. | : +44 (0) 7786 116 991 | |||
German media enquiries | |||||
Alex Seiler Hering Schuppener Consulting | Tel. | : +49 (0) 69 9218 7454 | |||
About Ceramic Fuel Cells Limited:
Ceramic Fuel Cells is a world leader in developing fuel cell technology to generate highly efficient and low-emission electricity from widely available natural gas. Ceramic Fuel Cells has sold its BlueGen gas-to-electricity generator to major utilities and other foundation customers in Germany, the United Kingdom, Switzerland, The Netherlands, Italy, Japan, Australia, and the USA. Ceramic Fuel Cells is also developing fully integrated power and heating products with leading energy companies E.ON UK in the United Kingdom, GdF Suez in France and EWE in Germany.
The company is listed on the London Stock Exchange's AIM market and the Australian Securities Exchange (code CFU).
www.cfcl.com.au
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