5th Dec 2006 07:02
Roc Oil Company Limited05 December 2006 5 December 2006 ROC OIL COMPANY LIMITED ("ROC") STOCK EXCHANGE RELEASE COMPLETION OF RENOUNCEABLE RIGHTS ISSUE BOOKBUILD ROC is pleased to advise that last night it successfully completed the sale ofnew shares representing the entitlements of ineligible shareholders or personswho did not exercise their rights in its 3 for 8 Rights Issue. The final clearing price in the Bookbuild was $3.10 per share which representeda 1.9% discount to ROC's closing share price yesterday of $3.16. Ineligible shareholders and persons who did not exercise their rights willreceive 40 cents for each share they were entitled to subscribe for under theRights issue, with the balance of $2.70 per share being received by ROC as theRights Issue application price. UK holders of shares through DepositaryInterests will receive such monies in pounds sterling. ROC expects to issue the Rights Issue shares, including those sold under theBookbuild, on Friday, 8 December 2006, and, where applicable, to despatchholding statements on Monday, 11 December 2006. The new shares are expected tocommence normal trading on ASX and AIM on Tuesday, 12 December 2006 and CRESTaccounts in the UK are expected to be credited on that date. Michelle ManookGeneral Manager - Corporate Affairs For further information please contact: Dr John Doran on Tel: +61-2-8356-2000 Fax: +61-2-9380-2635 Email: [email protected] Or visit ROC's website: www.rocoil.com.au Dr Kevin Hird General Manager Business Development Tel: +44 (0)207 586 7935 Fax: +44 (0)207 722 3919 Email: [email protected] Nick Lambert Bell Pottinger Corporate & Financial Tel: +44 (0)207 861 3232 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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