ASX ANNOUNCEMENT | Tap Oil Limited | ||
ABN 89 | 068 572 341 | ||
9 December 2020 | Level 2, 190 St Georges | ||
Terrace | |||
ASX: TAP | Perth WA 6000 | ||
Australia | |||
T: +61 | 8 9485 | 1000 | |
F: +61 | 8 9485 | 1060 | |
E: info@tapoil.com.au |
www.tapoil.com.au
Tap Oil Limited - important information regarding status of off-market equal access buy-back
Tap Oil Limited (Company) provides the following update on the status of its off-market equal access share buy-back (Buy Back), the terms of which are contained in the Buy Back Offer Document dispatched to eligible Shareholders on 24 November 2020.
The Company confirms that a major shareholder and the Company's directors have accepted the Buy Back in respect of all of their shares. While these acceptances can be withdrawn prior to the Buy Back closing date, the Directors consider these acceptances to be a strong sign of support for the Buy Back.
The Company reminds Shareholders that the Buy Back is scheduled to close on Monday, 14 December 2020 prior to the Company's delisting on Friday, 18 December 2020 (Delisting).
After the Delisting, the Company's shares will no longer be traded on the ASX and will only be capable of sale by private transaction, therefore, the liquidity of Shares will be directly affected and it will be more difficult for you to trade your Shares.
Shareholders may accept the Buy Back prior to the closing date by emailing copies of their valid and signed Application Forms to tapoffer@linkmarketservices.com.au. If eligible shareholders require replacement/further Application Forms, or have any questions about the Buy Back or the Delisting, they can call Link Market Services Limited on 1300 650 320 (or, from outside Australia, +61 1300 650 320).
Authorised by the Board of Tap Oil Limited
Investor enquiries
Link Market Services
Share Registry
Phone: 1300 650 320
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Tap Oil Limited published this content on 09 December 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 December 2020 04:50:07 UTC