ASX Announcement
Shareholder correspondence dispatched with Entitlements Issue offer documentation
Wellard Limited (ASX:WLD) refers to the Company’s fully underwritten non-renounceable pro-rata entitlement offer on a 1-for-4 basis at an issue price of $0.185 per share to raise approximately $19.7 million (before costs) (Entitlement Offer), which was announced on 3 April 2017, full details of which are contained in the Offer Document also released to ASX on that date.
The Company confirms that the following attached documents have been dispatched to shareholders:
- Letter to eligible shareholders, being those shareholders whose registered address is in Australia, New Zealand, Hong Kong, Singapore or Italy as recorded on the Company’s share registry as at 7.00pm (Sydney time) on 11 April 2017; and
- Letter to ineligible shareholders, being those shareholders whose registered address is not in Australia, New Zealand, Hong Kong, Singapore or Italy as recorded on the Company’s share registry as at 7.00pm (Sydney time) on 11 April 2017.
The Company expects to dispatch the Offer Document to eligible shareholders on 13 April 2017. The Offer Document will attach a personalised Entitlement and Acceptance Form, which will set out the number of new shares which eligible shareholders are entitled to under the Entitlement Offer, details of payments options and other instructions. Eligible shareholders should read and follow these instructions carefully to ensure their acceptance is completed according to their intentions.
If you are an eligible shareholder and you do not receive a paper copy of the Offer Document, you can obtain a paper copy at no charge, by calling the Wellard Limited Offer Information Line on 1300 135 403 (within Australia) or +61 1300 135 403 (from outside Australia).
The Entitlement Offer is currently scheduled to close on 8 May 2017 (5.00pm (Sydney time)).
For further information:
Investors
Managing Director, Mauro Balzarini
Phone: +61 8 9432 2800
Media
FTI Consulting, Shaun Duffy
Phone: +61 8 9485 8888