NewSat Limited (ASX:NWT) Share Purchase Plan Allotment Date
Melbourne, Mar 2, 2010 AEST (ABN Newswire) - The Directors of NewSat Limited (
ASX:NWT) (OTC:NWTLY) are very pleased with the response from eligible shareholders to the Share Purchase Plan ("SPP"), the results of which will soon be announced.
The issue price, being a 20% discount on the value weighted average price of NewSat shares for the 5 trading days up to and including Thursday, 25 February 2010, for the shares to be issued under the SPP is A$0.0037.
Due to certain logistical matters, the Allotment Date under the SPP will now be Tuesday, 9 March 2010. Holding statements are expected to be dispatched on Wednesday, 10 March 2010.
SPP applicants will be able to confirm their holdings on or after Tuesday, 9 March 2010 by calling the Offer Information Line (within Australia on 1300-152-426 or outside Australia on +61-3-9415-4018) or by going to;
http://www.investorcentre.com
Contact
Michael Twomey
Stakeholder Relations &
Corporate Communications
NewSat Limited
Mob: +61-439-405-676
Email: Michael.twomey@newsat.com
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