BPay re-activation delay causes extension to SPP closing date
Highlights
- A delay in re-activating BPay option for subscribers to the current SPP
results in the SPP closing date being extended to Friday May 6, 2011
It has been brought to the attention of the management of Marion Energy
Limited (ASX: MAE, MAEO, MAEOA) by its share registry (Computershare),
thata BPAY facility set up for shareholder participation in the current Share
Purchase Plan (SPP) has encountered technical delays in being reactivated
to allow for the previously announced extended closing date for the SPP of
April 29, 2011.
The Board and management are aware that this delay has caused
inconvenience to shareholders wishing to participate in the SPP. As a result
of the difficulties this has caused to participants, the Directors of Marion
Energy Limited have decided to extend the SPP until 5:00pm (WST) on
Friday May 6, 2011.
It is hoped that this extension will provide additional time to those
shareholders who would like to further evaluate their options and participate
in the SPP.
The amended key dates are:
Offer Closes - Friday 6 May 2011 at 5pm (WST)
Allotment of shares - Thursday 12 May 2011
Despatch Holding Statements - on or around Monday 16 May 2011
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