Retail Entitlement Offer Booklet and Covering Letter - AJ Lucas
Retail Entitlement Offer Booklet and Covering Letter - AJ Lucas Retail Entitlement Offer Booklet and Covering Letter - AJ Lucas
Pro forma substantial shareholders • The issue of new shares under the Institutional Placement and Entitlement Offer will have the following effect on AJL’s major shareholders: Shareholders Current shareholding (mm) Share % Maximum proforma shareholding (mm) Share % Kerogen Investments No.1 (HK) Limited 63.5mm 44.3% 133.7mm 49.99% Andial Holdings Pty Limited 17.5mm 12.2% 17.5mm 6.5% Coupland Cardiff Asset Management LLP 14.8mm 10.3% 26.6mm 9.9% Belbay Investments Pty Ltd 2.7mm 2.1% 27.0mm 10.1% 1. Maximums are as at completion of the Retail Offer. Final figures may be lower than this. 2. Settlement of the Kerogen subscription will occur across both the Institutional Offer and Retail Offer so it does not cause Kerogen’s shareholding to exceed 49.99%. Kerogen also holds 11.2mm unlisted options and currently has the capacity to creep to 50.88% 3. Andial has indicated it will not be subscribing for its entitlement under the Entitlement Offer. Andial has a relevant interest in 4.0mm shares held by Amalgamated Dairies and its associates which are included in the above figures for Andial. Amalgamated Dairies will be accelerated as part of the Institutional Offer 4. Final shareholding figures for Kerogen, Coupland and Belbay will be subject to the amount of entitlements taken up by shareholders under the Entitlement Offer and the ability of eligible shareholders and other investors to apply for shortfall shares 15
Indicative Timetable Event Date Trading halt Friday 14 June Institutional Entitlement Offer and Placement After market Thursday 13 June to Friday 14 June Shares recommence trading on ASX on an ex entitlement basis Monday, 17 June Record date for eligibility in the Entitlement Offer (7.00 pm) Wednesday, 19 June Retail Entitlement Offer opens Monday, 24 June Retail Offer Booklet dispatched to Eligible Retail Shareholders Monday, 24 June Normal trading of New Shares issued under Institutional Entitlement Offer and Placement expected to commence on ASX Thursday, 27 June Retail Entitlement Offer closes Wednesday, 3 July Normal trading of New Shares issued under Retail Entitlement Offer and partial underwriting Wednesday, 17 July 1. This timetable is indicative only and subject to change at discretion of AJL 2. Settlement of the Kerogen subscription will occur across both the Institutional Offer and Retail Offer so it does not cause Kerogen’s shareholding at any time to exceed 49.99% 16
- Page 1 and 2: AJ Lucas Group Limited ACN 060 309
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- Page 9 and 10: Summary of options available to you
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- Page 23 and 24: not hold more than 49.99% of Lucas.
- Page 25 and 26: Lucas expects to report a net loss
- Page 27 and 28: About AJ Lucas Group Limited Lucas
- Page 29 and 30: Disclaimer and Important Notice Thi
- Page 31 and 32: Overview • Sale of part of Bowlan
- Page 33 and 34: Transaction Details • Centrica wi
- Page 35 and 36: Overview of the Recapitalisation Pl
- Page 37 and 38: Overview of the Recapitalisation Pl
- Page 39 and 40: Forecast Net Debt Position and Use
- Page 41: Benefits of the Recapitalisation Pl
- Page 45 and 46: 2013 Trading Update • Drilling -
- Page 47 and 48: Current Forward Program for Cuadril
- Page 49 and 50: Key Risks Introduction As with all
- Page 51 and 52: Key Risks 1. Specific risks relatin
- Page 53 and 54: Key Risks 2. General risks relating
- Page 55 and 56: Key Risks 2. General risks relating
- Page 57 and 58: Key Risks 2. General risks relating
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- Page 61 and 62: Key Risks 2. General risks relating
- Page 63 and 64: Key Risks 2. General risks relating
- Page 65 and 66: Foreign Jurisdictions Hong Kong (co
- Page 67 and 68: Glossary Term Meaning $ Australian
- Page 69 and 70: Offer and also underwritten the sho
- Page 71 and 72: Appendix - Key Dates for the Entitl
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Indicative Timetable<br />
Event Date<br />
Trading halt Friday 14 June<br />
Institutional <strong>Entitlement</strong> <strong>Offer</strong> <strong>and</strong> Placement After market Thursday 13 June to<br />
Friday 14 June<br />
Shares recommence trading on ASX on an ex entitlement basis Monday, 17 June<br />
Record date for eligibility in the <strong>Entitlement</strong> <strong>Offer</strong> (7.00 pm) Wednesday, 19 June<br />
<strong>Retail</strong> <strong>Entitlement</strong> <strong>Offer</strong> opens Monday, 24 June<br />
<strong>Retail</strong> <strong>Offer</strong> <strong>Booklet</strong> dispatched to Eligible <strong>Retail</strong> Shareholders Monday, 24 June<br />
Normal trading of New Shares issued under Institutional <strong>Entitlement</strong> <strong>Offer</strong><br />
<strong>and</strong> Placement expected to commence on ASX<br />
Thursday, 27 June<br />
<strong>Retail</strong> <strong>Entitlement</strong> <strong>Offer</strong> closes Wednesday, 3 July<br />
Normal trading of New Shares issued under <strong>Retail</strong> <strong>Entitlement</strong> <strong>Offer</strong> <strong>and</strong><br />
partial underwriting<br />
Wednesday, 17 July<br />
1. This timetable is indicative only <strong>and</strong> subject to change at discretion of <strong>AJ</strong>L<br />
2. Settlement of the Kerogen subscription will occur across both the Institutional <strong>Offer</strong> <strong>and</strong> <strong>Retail</strong> <strong>Offer</strong> so it does not cause Kerogen’s shareholding at any time to<br />
exceed 49.99%<br />
16
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