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Entitlement Offer
On 25 November 2022 Simonds Group Limited (Simonds, SIO or Company) (ASX:SIO), one of Australia’s leading homebuilders, announced a $25.5 million pro rata traditional renounceable entitlement offer to support the Company’s balance sheet and working capital requirements.
| Timetable Key Event | Indicative Date |
|---|
| Announcement of Entitlement Offer | Friday, 25 November 2022 |
|
Ex Date for Entitlement Offer Entitlement trading commences on a deferred settlement basis |
Tuesday, 29 November 2022 |
| Record Date of Entitlements | Wednesday, 30 November 2022 |
|
Offer Booklet and Entitlement and Acceptance Forms Despatched Entitlement Offer Opens (9.00 am) |
Monday, 5 December 2022 |
| Entitlement Trading Ends | Wednesday, 7 December 2022 |
| New Shares quoted on a deferred settlement basis | Monday, 5 December 2022 |
| Entitlement Offer Closes (5.00 pm) | Wednesday, 14 December 2022 |
| Announcement of results of Entitlement Offer and under-subscriptions | Monday, 19 December 2022 |
| Shortfall Bookbuild and determination of allocation under Oversubscription Facility and Shortfall Bookbuild | Tuesday, 20 December 2022 |
|
Issue of New Shares Under Entitlement Offer Appendix 2A Lodged (Entitlement Offer) Shortfall Notification |
Wednesday, 21 December 2022 |
| New Shares commence trading on ASX on a normal settlement basis | Thursday, 22 December 2022 |
| Expected date to issue Shortfall Shares to Eligible Shareholders and third-party investors | Friday, 23 December 2022 |
| Commencement of trading of Shortfall Shares | Wednesday, 28 December 2022 |
This timetable is indicative only and may change without notice at the Company’s discretion or subject to the requirements of the ASX Listing Rules and Corporations Act. Simonds has the ability to make changes to the Offer timetable including to extend the closing date for the entitlements and/or to accept late applications for the Offer.