Panorama Synergy Share Purchase Plan Closing Date Extension
Australian technology company, Panorama Synergy Limited (ASX:PSY) advises that it has decided to extend the Closing date of the Company's Share Purchase Plan (SPP) to Tuesday, 15 February 2011 [time WST] (previously 27th January 2011). All other terms of the SPP remain unchanged.
The extension will provide additional time for shareholders to consider the opportunity to participate in the Plan after receiving additional communications due for release over the course of the next fortnight. The Board extends its thanks for the support of those who have already accepted the offer.
The Plan offers eligible shareholders the ability to subscribe for between $750 and $15,000 worth of new fully paid ordinary PSY shares at an issue price of A$0.075 per share.
Participation in the SPP is open to shareholders who were registered holders of PSY shares as at the Record Date of 5.00pm (WST) on 22 December 2010, with a registered address in Australia.
As a result of the extension, the SPP indicative timetable has been revised as follows:
Offer Opening Date - 24 December 2010
Offer Closing Date - 15 February 2011
Allotment of Shares - 4 business days after closing
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