As announced on 16 August 2018, 1-Page Limited ('1-Page') (ASX: 1PG) has established a share sale facility ('Facility') to facilitate the disposal of fully paid ordinary shares in 1-Page ('Ordinary Shares') for shareholders who wish to dispose of those Ordinary Shares. The Facility will be managed by Canaccord Genuity (Australia) Limited (the 'Broker').
The offer price of the Facility is set at $0.165 per Share ('Sale Price') and the amount of the Facility is presently proposed to be AU$5,000,000 ('Amount'), subject to demand. Participation Forms will be processed in accordance with the order in which they are received up to the Amount of the Facility. Eligible Shareholders who are intending to participate are therefore encouraged to return their completed forms as soon as practical. Where demand for the acquisition of Ordinary Shares offered for sale under the Facility exceeds $5,000,000, the Broker and the Company may elect to increase the limit of the Facility, however neither makes any representation as to the final amount of the Facility.
The reason this Facility has been created is to provide existing Eligible Shareholders with an option to dispose of their shareholdings in 1-Page as there is no active liquid market in which 1-Page shares may be traded. The Company has been suspended from trading on the Australian Securities Exchange ('ASX') since 10 March 2017 and recently delisted from the ASX. 1-Page shares will only be capable of sale via off-market private transactions, which will require 1-Page shareholders to identify and agree terms with potential purchasers of 1-Page shares until such time as the Company relists on an alternative securities exchange.
Please read the Terms and Conditions in full before making any investment decisions. The terms are appended to your personalised Share Sale Participation form.
Please find below instructions on how to access your personalised Share Sale Participation form.
1PG Price at posting:
16.5¢ Sentiment: Hold Disclosure: Held
