Media ReleasesAED Oil

View All AED Oil News


AED Oil Limited (ASX:AED) AED Share Purchase Plan Results

SHARE PURCHASE PLAN RESULTS
 
Following the closure of its Share Purchase Plan (SPP) on 2 May 2011, AED Oil Limited (ASX Code: AED) announces that shareholders who have applied for the offer will be issued the full dollar amount of AED shares for which they applied, up to the maximum of A$15,000.00, at an issue price of $0.24 for each AED share.

4,794,787* new shares in AED at $0.24 per share will be allotted on or about Thursday 5 May 2011. The total number of ordinary shares on issue after the allotment will be 207,644,672* shares.
 
Shares are expected to commence trading on ASX on or about Tuesday 10 May 2011, with holding statements to be despatched shortly thereafter.
 
*Subject to confirmation of clearance of funds.
Download this document

Are you a 708 sophisticated investor?

A sophisticated investor is defined under Section 708 of the Corporations Act (net assets of $2.5 million or annual incomes in excess of $250,000).

They are eligible to receive information regarding wholesale investment opportunities that are not available to regular or retail investors.

Please subscribe if you would like to be alerted to these types of opportunities.