Hexima is pleased to offer each existing shareholder the opportunity to participate in a fully underwritten non-renounceable pro-rata offer to subscribe for 6 New Shares for every 10 Shares held on the Record Date to raise a maximum amount of $3,896,663 (before costs of the offer).
Update: Extension of Hexima’s rights issue offer
Hexima Limited ACN 079 319 314 (Company) wishes to advise shareholders that it is extending the invitation for shareholders to participate in the rights issue of 6 new shares for every 10 shares which shareholders held on the relevant record date (Offer), under the Company’s prospectus dated 14 March 2017 (Prospectus).
The closing date for the Offer is being extended by 3 business days, from 31 March 2017 to Wednesday, 5 April 2017 (New Closing Date). Consequently, it is expected that the issue of new shares issued under the Offer will now occur on 12 April 2017.
While no further changes to the timetable are currently proposed, as set out in the Prospectus, the Company reserves the right to further vary the timetable without notice (including, subject to the Corporations Act, to close the Offer early, to extend the New Closing Date, or to accept late applications, either generally or in particular cases, or to cancel or withdraw the Offer, in each case without notifying any recipient of the Prospectus or shareholders).
All other aspects of the Prospectus, and all other terms of the Offer, remains unchanged.
Shareholders are encouraged to submit their applications as soon as possible.