BlueScope Steel Limited : Entitlement Offer Timetable Amendment
11/23/2011| 04:05am US/Eastern
Recommend:
Release Time: Immediate
Date: 23 November 2011
ACCELERATED RENOUNCEABLE ENTITLEMENT OFFER AMENDMENT TO
TIMETABLE
BlueScope Steel Limited
ABN 16 000 011 058
Level 11, 120 Collins St
Melbourne VIC 3000
AUSTRALIA
Telephone +61 3 9666 4000
Facsimile +61 3 9666 4111
www.bluescopesteel.com
On 22 November 2011, BlueScope Steel Limited ("BlueScope
Steel") announced a fully underwritten 4-for-5
accelerated renounceable entitlement offer with rights
trading of new BlueScope Steel shares ("Entitlement
Offer").
BlueScope Steel has made a minor adjustment to the retail
entitlements timetable for the Entitlement Offer. Retail
entitlements will now be allotted on 1 December 2011 and the
entitlements will trade on a normal settlement basis from 2
December 2011.
These changes to the timetable do not impact settlement of
the institutional or retail components of the Entitlement
Offer, and Retail Entitlements will still begin trading on
ASX on 24 November 2011 on a deferred settlement basis. An
updated timetable is attached (see Appendix).
Entitlements attributable to all ineligible shareholders will
be offered to institutional investors in the institutional
bookbuild to be conducted on Thursday, 24 November 2011.
***
For further information about BlueScope Steel Limited:
www.bluescopesteel.com
Contacts:
Media Investors
Michael Reay
Manager Corporate Affairs and Corporate Brand
BlueScope Steel Limited
Tel: +61 3 9666 4004
Mobile: +61 (0) 437 862 472
E-mail:
Michael.Reay@bluescopesteel.com
John Knowles
Vice President Investor Relations
BlueScope Steel Limited
Tel: +61 3 9666 4150
Mobile: +61 (0) 419 893 491
E-mail:
John.Knowles@bluescopesteel.com
Don Watters
Manager Investor Relations and Special Projects
BlueScope Steel Limited
Tel: +61 3 9666 4206
Mobile: +61 (0) 409 806 691
E-mail:
Don.Watters@bluescopesteel.com
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Important Notice
This notice does not constitute an offer to sell, or the
solicitation of an offer to buy, securities in the United
States or in any other jurisdiction in which such an offer
would be illegal. The shares referred to herein have not
been, and will not be, registered under the U.S. Securities
Act of 1933 (the "U.S. Securities Act") or the securities
laws of any state or other jurisdiction of the United States.
Accordingly, the shares may not be offered or sold in the
United States, except pursuant an exemption from, or in a
transaction not subject to, the registration requirements of
the Securities Act and applicable state securities laws.
This announcement may not be distributed or released in the
United States.
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Appendix - Key dates for the Entitlement Offer
Events that have changed are indicated in bold below
|
Event
|
Date
|
|
Trading halt commences on ASX Entitlement Offer
announced Institutional Entitlement Offer opens
|
Tuesday, 22 November 2011
|
|
Institutional Entitlement Offer closes
|
Wednesday, 23 November 2011
|
|
Institutional Bookbuild
|
Thursday, 24 November 2011
|
|
Trading halt lifted following announcement of results
of institutional bookbuild
Existing shares recommence trading on ASX
Retail Entitlements trading on ASX begins on a deferred
basis
|
12pm on Thursday, 24 November 2011
|
|
Record Date
|
7pm on Friday, 25 November 2011
|
|
Retail offer booklet lodged and despatched
Retail Entitlement Offer opens
|
Tuesday, 29 November 2011
|
|
Institutional Settlement Date
Retail Entitlements in respect of Eligible Retail
Shareholders allotted
|
Thursday, 1 December 2011
|
|
Issue and quotation of new shares under the
Institutional Entitlement
Offer
Retail Entitlements trade on a normal settlement basis
|
Friday, 2 December 2011
|
|
Retail Entitlements trading ends
|
Wednesday, 7 December 2011
|
|
Retail Entitlement Offer closes
|
Wednesday, 14 December 2011
|
|
Announce results of Retail Entitlement Offer
Retail Bookbuild opens
|
Monday, 19 December 2011
|
|
Retail Bookbuild closes
|
Tuesday, 20 December 2011
|
|
Retail Settlement Date
|
Wednesday, 28 December 2011
|
|
Retail Allotment Date
|
Thursday, 29 December 2011
|
|
Retail Trading Date (normal settlement basis)
|
Friday, 30 December 2011
|
|
Despatch of holding statement
Retail Cash Return despatched (if any)
|
Tuesday, 3 January 2012
|
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