In accordance with ASX Listing Rule 3.11.3 NSL Consolidated Limited (ASX:NSL), (“NSL” or “the Company”) is pleased to announce that it has entered into an underwriting agreement with Filmrim Pty Ltd (Underwriter), to partially underwrite the listed $250,000 options due to expire at 5:00pm (AEST) on 31 December 2016 under the ASX Code NSLO.
The Underwriter will underwrite to a maximum of 25,000,000 shortfall shares (being the underlying securities) resulting from unexercised NSLO options as on date.
The Underwriter will be paid no underwriting fee.
The Board would like to encourage holders of the expiring options to exercise their options before the expiry date. It is an excellent opportunity to acquire shares in the Company without incurring brokerage or any other fees that apply to an on-market purchase.
For further information please download PDF attached:
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