Investor Presentaiton
Capital Raising: Key Details
Offer Size and
Structure
Bookbuild
Capital raising of up to approximately $35.0 million to existing and new
shareholders consisting of:
•
A$30 million placement to institutional and sophisticated investors ("Placement”);
and
A$5 million share purchase plan to eligible shareholders ("SPP")
A$3.00 A$3.20 per fully paid ordinary share
•
Price Range
•
4.2% discount - 2.2% premium to last closing price of $3.13 per share²
3.4% discount - 3.1% premium to 5 day VWAP
Timetable
Placement
.
Placement component will settle Monday 30 December 2013
New Shares will commence trading Tuesday 31 December 2013
Share Purchase Plan
Participation
Joint Lead Managers
•
SPP record date is Monday 16 December 2013
•
SPP is intended to commence in January 2014
•
Austin Directors intend to take their full entitlement under the SPP
Argonaut Securities Pty Ltd and Bell Potter Securities Limited are acting as Joint
Lead Managers to the Capital Raising
'All dates are 2013 and times refer to Sydney time. Dates and times are indicative only and are subject to change
² Calculated with reference to Austin's last closing price of $3.13 on Tuesday 17 December 2013
Investor Presentation
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