11th Feb 2015 13:30
11 February 2015
| AIM/ASX Code: WHE
|
NOTICE OF SHORTFALL FOR ENTITLEMENTS ISSUE |
AIM and ASX listed Wildhorse Energy Limited ('WHE' or 'the Company') advises that the Company has received applications for 19,158,525 Shares at an issue price of A$0.05 each under the five for one renounceable entitlements offer ("Offer").
Application will be made for the Shares to be issued under the Offer to be admitted to trading on AIM, which is expected to occur on or around Monday 16 February 2015. Following the issue of these shares, the Company's total issued ordinary share capital will be 34,292,291 Shares.
The shortfall for the Offer is 56,510,305 Shares. In accordance with the terms of the Offer, the Directors will exercise their discretion to offer the shortfall securities at the Offer price of A$0.05 either to themselves or to other parties. The Directors may offer any number of shortfall securities up to a maximum of 56,510,305 Shares. In accordance with the ASX Listing Rules, the shortfall securities will be allotted within three (3) months from the closing date of the Offer.
For further information please visit www.wildhorse.com.au or contact:
Sam Cordin | Wildhorse Energy Limited | Tel: +61 8 9322 6322 |
Colin Aaronson/Jen Clarke/Jamie Barklem | Grant Thornton UK LLP | Tel: +44 (0)207 383 5100 |
Related Shares:
SO4.L