PS&C Announces Share Purchase Plan

PS&C Ltd recently announced Share Purchase Plan, including a booklet which sets out the terms and conditions of the SPP.

The SPP is an offer to acquire up to $15,000 worth of new fully paid ordinary shares in the Company at $0.20 per share. The offer is available to those PS&C shareholders on the share register as at 7pm (AEDT) on the Record Date of 28 November 2017, and having a registered address in Australia or New Zealand.

Eligible shareholders will be able to acquire either: $1,000; $2,000; $5,000; $10,000; or $15,000 worth of shares. Shares issued under the SPP will rank equally with existing fully paid ordinary shares.

PS&C advises that the SPP booklet, together with an application form, will be mailed to eligible PS&C shareholders on Wednesday 20 December 2017. The Company encourages shareholders to consider the SPP offer early as it is scheduled to close on Monday 22 January 2018.

No brokerage costs apply to purchases under the SPP.

The Board reserves the right to scale back applications and close the offer early.


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