RESOURCE EQUIPMENT LTD Information and documents given to ASX become ASX's property and may be made public.
Introduced 1/9/99. Origin: Appendix 7B. Amended 13/3/2000, 30/9/2001, 11/01/10
Rule 3.8A
Name of entity ABN/ARSN
Resource Equipment Limited (RQL) 83 098 812 492
We (the entity) give ASX the following information.
Information about buy-back
1 Type of buy-back On-market
2 +Class of shares/units which is the subject of the buy-back (eg, ordinary/preference)
Ordinary shares
3 Voting rights (eg, one for one) One for one
4 Fully paid/partly paid (and if partly paid, details of how much has been paid and how much is outstanding)
Fully paid
5 Number of shares/units in the
+class on issue
455,851,166
6 Whether shareholder/unitholder No
approval is required for buy-back
7 | Reason for buy-back | To give shareholders in RQL an alternative exit |
to the selective capital reduction as described | ||
in RQL's notice of meeting and explanatory | ||
memorandum dated 13 March 2015 |
+ See chapter 19 for defined terms.
11/01/2010 Appendix 3C Page 1
Appendix 3C Announcement of buy-back
8 Any other information material to a shareholder's/unitholder's decision whether to accept the offer (eg, details of any proposed takeover bid)
The proposed buy-back will only be undertaken over 3 business days if the selective capital reduction is approved.
Refer to RQL's notice of meeting and explanatory memorandum dated 13 March 2015
On-market buy-back
9 Name of broker who will act on the company's behalf
Bell Potter Securities Limited
10 Deleted 30/9/2001.
11 If the company/trust intends to buy back a maximum number of shares - that number
Note: This requires a figure to be included, not a percentage.
Up to 7,950,826 ordinary shares in RQL (being approximately 1.74% of ordinary shares in RQL)
12 If the company/trust intends to buy back shares/units within a period of time - that period of time; if the company/trust intends that the buy-back be of unlimited duration - that intention
15 April 2015 to 17 April 2015
13 If the company/trust intends to buy back shares/units if conditions are met - those conditions
The proposed buy-back will only proceed if the selective capital reduction resolution is approved pursuant to RQL's notices of meeting released on
13 March 2015
Employee share scheme buy-back
14 Number of shares proposed to be bought back
15 Price to be offered for shares
+ See chapter 19 for defined terms.
Appendix 3C Page 2 11/01/2010
Selective buy-back
16 Name of person or description of class of person whose shares are proposed to be bought back
17 Number of shares proposed to be bought back
18 Price to be offered for shares
19 Percentage of shares proposed to be bought back
20 Total number of shares proposed to be bought back if all offers are accepted
21 Price to be offered for shares
22 +Record date for participation in offer
Cross reference: Appendix 7A, clause 9.
Compliance statement
1. The company is in compliance with all Corporations Act requirements relevant to this buy-back.
or, for trusts only:
1. The trust is in compliance with all requirements of the Corporations Act as modified by Class Order 07/422, and of the trust's constitution, relevant to this buy-back.
2. There is no information that the listing rules require to be disclosed that has not already been disclosed, or is not contained in, or attached to, this form.
Sign here: | ............................................................ | Date: 13 March 2015 |
Print name: | (Director/Company secretary) Michael Kenyon |
+ See chapter 19 for defined terms.
11/01/2010 Appendix 3C Page 3
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distributed by
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