ASX Announcement
19 August 2015
ASX: OEX
AIM: OEX
Oilex Ltd notifies holders of the Company's 188,255,171 Listed Options (OEXO) (Options) that the Options will expire at 5:00pm WST on 7 September 2015 (Expiry Date).
The following information is provided as contemplated by ASX Listing Rule 6.24:
· each Option entitles the Option holder to apply for one fully paid ordinary share in the capital of the Company
· the exercise price for each Option is $0.15 per Option
· if an option is exercised, payment would be required prior to 7 September 2015
· if the options are not exercised prior to the Expiry Date, those Options will lapse and there is no further right or entitlement to those Options
· official quotation of the Options will cease on 31 August 2015, being five business days before the Expiry Date
· the last available closing price of the listed shares in the Company prior to the date of this announcement was $0.038
· the highest and lowest market sale price of the Company's shares on ASX during the 3 months immediately preceding the date of this announcement and the respective dates of those sales were:
Highest: $0.07 on 26 June 2015
Lowest: $0.035 on 12 August 2015
· the exercise of the Options is not underwritten.
For and on behalf of Oilex Ltd
Chris Bath
Chief Financial Officer and Company Secretary
For further information, please contact the company or its advisors listed below:
PAC Partners Pty Ltd Australian Broker Andrew Shearer Email: [email protected] Tel: +61 3 8633 9862 Australia |
Westhouse Securities Limited AIM Broker Robert Finlay / Alastair Stratton Email: [email protected] Tel: +44 20 7601 6100 UK |
Strand Hanson Limited Nominated Adviser Rory Murphy /Ritchie Balmer Email: [email protected] Tel: +44 20 7409 3494 UK |
Vigo Communications Public Relations UK Patrick d'Ancona / Chris McMahon Email:
[email protected] [email protected] Tel: +44 20 7016 9570 UK |
