Chandler Macleod - Letter to Shareholders
2008-12-01 17:10:00+10:00
Non-renouncable Rights Issue Letter to Shareholders Sydney, 1 December 2008: Chandler Macleod Group Limited (ASX: CMG) Attached is a copy of the letter sent today to shareholders in relation to the 1 for 1 rights issue announced on 25 November 2008. Chandler Macleod has issued similar announcements 17 times before, most recently about 0 minutes ago on Friday 28 November 2008. The announcement 'Letter to Shareholders' was issued to the ASX on Monday 01 December 2008. [Notice Type: Other - not one of the above]
2008-12-01 17:10:00+10:00
Non-renouncable Rights Issue Letter to Shareholders Sydney, 1 December 2008: Chandler Macleod Group Limited (ASX: CMG) Attached is a copy of the letter sent today to shareholders in relation to the 1 for 1 rights issue announced on 25 November 2008. Chandler Macleod has issued similar announcements 17 times before, most recently about 0 minutes ago on Friday 28 November 2008. The announcement 'Letter to Shareholders' was issued to the ASX on Monday 01 December 2008. [Notice Type: Other - not one of the above]
Letter to Shareholders
Monday 01 Dec 2008
Non-renouncable Rights Issue Letter to Shareholders
Sydney, 1 December 2008: Chandler Macleod Group Limited (ASX: CMG) Attached is a copy of the letter sent today to shareholders in relation to the 1 for 1 rights issue announced on 25 November 2008. ENDS
+ See chapter 19 for defined terms.
Chandler Macleod Limited
ABN 33 090 555 052
Level 8, 32 Walker Street North Sydney, NSW 2060 Australia T: 02 8913 7777 F: 02 8913 7001 www.chandlermacleod.com
<<Date>>
<<Name of Shareholder>> <<Address>>
Dear Shareholder As announced on 25 November 2008 (Announcement), the Company is undertaking a 1 for 1 non-renounceable rights issue to Australian and New Zealand registered shareholders, at an issue price of A$0.125 per share. Subject to rounding of fractional entitlements (downwards), it is expected approximately 205.4 million fully paid ordinary shares will be issued to raise a total of around $25.7 million. The new shares will rank equally with all other issued ordinary shares in the capital of the Company. The rights issue is fully underwritten by Taylor Collison Limited and subunderwritten by affiliates of Lazard Carnegie Wylie Investment Management Pty Limited and Messrs Victor John Plummer and John Charles Plummer. Funds raised by the rights issue together with funds raised by earlier placements, will be used to reduce debt and fund working capital. Key dates for the rights issue timetable are as follows: Event Prospectus available on ASX website Ex date for rights issue trading Record date Despatch of rights issue prospectus Closing date for rights issue acceptances Normal T+3 trading resumes Date On or about Monday, 1 December 2008 Wednesday, 3 December 2008 11.00 pm NST on Tuesday, 9 December 2008 Thursday, 11 December 2008 5.00 pm NST on Monday, 29 December 2008 Friday, 2 January 2008
Note: 1. NST is New South Wales Standard Time 2. Subject to the ASX Listing Rules and the terms of the underwriting and sub-underwriting agreements, the Directors reserve the right to change the above dates or cancel the issue
It is also expected the prospectus will be available on the Company's website soon after 28 November 2008.
www.chandlermacleod.com
25309574v1
2 The prospectus is an important document which sets out the terms and conditions of the rights issue in detail and other important information. Please read the prospectus carefully. If you have any questions, please contact Computershare Investor Services Pty Limited on (+61) 1300 368 275.
Yours faithfully
John Fox Company Secretary
www.chandlermacleod.com
25309574v1
Monday 01 Dec 2008
Non-renouncable Rights Issue Letter to Shareholders
Sydney, 1 December 2008: Chandler Macleod Group Limited (ASX: CMG) Attached is a copy of the letter sent today to shareholders in relation to the 1 for 1 rights issue announced on 25 November 2008. ENDS
+ See chapter 19 for defined terms.
Chandler Macleod Limited
ABN 33 090 555 052
Level 8, 32 Walker Street North Sydney, NSW 2060 Australia T: 02 8913 7777 F: 02 8913 7001 www.chandlermacleod.com
<<Date>>
<<Name of Shareholder>> <<Address>>
Dear Shareholder As announced on 25 November 2008 (Announcement), the Company is undertaking a 1 for 1 non-renounceable rights issue to Australian and New Zealand registered shareholders, at an issue price of A$0.125 per share. Subject to rounding of fractional entitlements (downwards), it is expected approximately 205.4 million fully paid ordinary shares will be issued to raise a total of around $25.7 million. The new shares will rank equally with all other issued ordinary shares in the capital of the Company. The rights issue is fully underwritten by Taylor Collison Limited and subunderwritten by affiliates of Lazard Carnegie Wylie Investment Management Pty Limited and Messrs Victor John Plummer and John Charles Plummer. Funds raised by the rights issue together with funds raised by earlier placements, will be used to reduce debt and fund working capital. Key dates for the rights issue timetable are as follows: Event Prospectus available on ASX website Ex date for rights issue trading Record date Despatch of rights issue prospectus Closing date for rights issue acceptances Normal T+3 trading resumes Date On or about Monday, 1 December 2008 Wednesday, 3 December 2008 11.00 pm NST on Tuesday, 9 December 2008 Thursday, 11 December 2008 5.00 pm NST on Monday, 29 December 2008 Friday, 2 January 2008
Note: 1. NST is New South Wales Standard Time 2. Subject to the ASX Listing Rules and the terms of the underwriting and sub-underwriting agreements, the Directors reserve the right to change the above dates or cancel the issue
It is also expected the prospectus will be available on the Company's website soon after 28 November 2008.
www.chandlermacleod.com
25309574v1
2 The prospectus is an important document which sets out the terms and conditions of the rights issue in detail and other important information. Please read the prospectus carefully. If you have any questions, please contact Computershare Investor Services Pty Limited on (+61) 1300 368 275.
Yours faithfully
John Fox Company Secretary
www.chandlermacleod.com
25309574v1
