TAP OIL LIMITED ASX ANNOUNCEMENT | Tap Oil Limited |
ABN 89 068 572 341 | |
3 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 announces extension of closing date to buy-back offer period and delisting date
Tap Oil Limited (Company) announces an extension of the offer period under 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.
Due to COVID-19 related mailing delays, some Shareholders have not received physical copies of the Buy Back Offer Document and accompanying personalised Application Forms. In order to allow Shareholders sufficient time to consider the Buy Back Offer Document and return their Application Forms, the Company has determined to extend the Closing Date of the Buy Back to Monday, 14 December 2020.
The Company also advises Shareholders that the extension of the Closing Date of the Buy Back will also result in a delay to the date of the Delisting to the close of trading on Friday 18 December 2020.
Returning Application Forms by email
The Company has also instructed its Share Registry, Link Market Services, to accept emailed copies of valid and signed Application Forms submitted by eligible Shareholders. Should you wish to submit your Application Form via email, please scan and email your signed Application Form totapoffer@linkmarketservices.com.au.
If eligible Shareholders require replacement/further Application Forms, they should contact the Tap Oil Limited Investor Information Line on 1300 650 320 (within Australia) or +61 1300 650 320 (from outside Australia) Monday to Friday between 8:30am and 5:30pm (AEDT).
If eligible Shareholders require a Withdrawal/Amendment Form, they can request one by following the procedure set out in the Offer Document or otherwise contacting the Share Registry on the Tap Oil Limited Investor Information Line.
Updated timetable
An updated indicative timetable for the Buy Back and the Delisting is set out below.
Event | Date |
Buy Back Record Date (date used to determine entitlement to participate in the Buy Back) | 5:00 pm (WST) 19 November 2020 |
Dispatch of Offer Document to Eligible Shareholders and Opening Date of Offer Period | 24 November 2020 |
Closing Date
5:00 pm (WST) 14 December 2020
Announcement of the outcome of the Buy Back and the details of any Scale Back
15 December 2020
Buy Back Date (transfer to Tap of Shares bought back and cancellation of those Shares) | 15 December 2020 |
Payment Date (despatch of cash consideration to Buy Back participants) | As soon as practicable after Buy Back |
Date, anticipated to be 15 December | |
2020 | |
Suspension Date (the date on which the Company's Shares are suspended from | 15 December 2020 |
trading) | |
Delisting Date (date on which Delisting is expected to take effect) | 18 December 2020 |
The above timetable is indicative only and may be subject to change. Subject to the Corporations Act and the ASX Listing Rules, Tap reserves the right to amend this indicative timetable without prior notice to Shareholders. The Company will inform Shareholders of any changes to the above timetable via ASX announcement.
Announcements following Delisting
Following the Company's removal from the Official List, any further announcements to be made by the Company will be made available on the Company's website athttp://www.tapoil.com.au/site/investor-centre.
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 03 December 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 December 2020 06:20:03 UTC
