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.
The advice given by Kalkine Pty Ltd and provided on this website is general information only and it does not take into account your investment objectives, financial situation or needs. You should therefore consider whether the advice is appropriate to your investment objectives, financial situation and needs before acting upon it. You should seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice) as necessary before acting on any advice. Not all investments are appropriate for all people. Kalkine.com.au and associated websites are published by Kalkine Pty Ltd ABN 34 154 808 312 (Australian Financial Services License Number 425376). The information on this website has been prepared from a wide variety of sources, which Kalkine Pty Ltd, to the best of its knowledge and belief, considers accurate. You should make your own enquiries about any investments and we strongly suggest you seek advice before acting upon any recommendation. Kalkine Pty Ltd has made every effort to ensure the reliability of information contained in its newsletters and websites. All information represents our views at the date of publication and may change without notice. To the extent permitted by law, Kalkine Pty Ltd excludes all liability for any loss or damage arising from the use of this website and any information published (including any indirect or consequential loss, any data loss or data corruption). If the law prohibits this exclusion, Kalkine Pty Ltd hereby limits its liability, to the extent permitted by law to the resupply of services. There may be a product disclosure statement or other offer document for the securities and financial products we write about in Kalkine Reports. You should obtain a copy of the product disclosure statement or offer document before making any decision about whether to acquire the security or product. The link to our Terms & Conditions has been provided please go through them and also have a read of the Financial Services Guide. On the date of publishing this report (mentioned on the website), employees and/or associates of Kalkine Pty Ltd do not hold positions in any of the stocks covered on the website. These stocks can change any time and readers of the reports should not consider these stocks as advice or recommendations.