Microsoft Word - Secondary trading notice for Ineligible Foreign Shares 2015-12-04



Level 2, 160 Pitt Street

Sydney NSW 2000

Tel: +61 2 9774 0300

Fax: +61 2 9771 0256

Email: info@quickstep.com.au

  • Web: www.quickstep.com.au


4 December 2015


Company Announcements Office ASX Limited

Exchange Centre

Level 4, 20 Bridge Street

Sydney NSW 2000


ISSUE OF SHORTFALL SHARES - ENTITLEMENT OFFER


Quickstep Holdings Limited (Quickstep) confirms that it has received subscription funds of $0.43 million (before costs) from the underwriters and sub-underwriters of its non-renounceable entitlement offer announced to ASX on 27 October 2015. Quickstep has today issued 3,330,892 fully paid ordinary shares (Shares) to (or at the direction of) those underwriters and sub-underwriters, bringing the total number of Shares on issue to 561,879,090.


Secondary trading notice given for Ineligible Foreign Shares pursuant to paragraph 708A(5)(e) of the Corporations Act (Act).


Of the 3,330,892 Shares issued today, 676,717 Shares (the Ineligible Foreign Shares) represent the 'entitlements' of shareholders with registered addresses outside of Australia and New Zealand. These Ineligible Foreign Shares were not offered to persons under the rights issue and do not fall within the disclosure exemption and secondary trading exemption relating to rights issues. Accordingly, the following secondary trading notice is given in respect of the Ineligible Foreign Shares only. Upon giving this notice, a sale of the Ineligible Foreign Shares within 12 months of their issue will fall within the exemption in section 708A(5) of the Act.


Quickstep hereby notifies ASX that:


  1. Quickstep issued the Ineligible Foreign Shares without disclosure to investors under Part 6D.2 of the Act;

  2. this notice is given by Quickstep under paragraph 708A(5)(e) of the Act;

  3. as at the date of this notice, Quickstep has complied with the provisions of Chapter 2M of the Act as they apply to Quickstep, and section 674 of the Act; and

  4. as at the date of this notice, there is no excluded information of the type referred to in subsections 708A(7) and (8) of the Act.


Signed for and on behalf of Quickstep.


Jaime Pinto Company Secretary


Quickstep Holdings Ltd ABN: 55 096 268 156

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