Takeover bid by Troy Resources Limited for Azimuth Resources Limited - Notice of Change of Interests of Substantial Holder and Institutional Acceptance Facility
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/
PERTH, Western Australia, June 12, 2013 /CNW/ - Azimuth Resources Limited (Azimuth) (ASX, TSX: AZH) advises that Troy Resources Limited (Troy) (ASX, TSX: TRY) has today advised that the aggregate of:
|a) the number of Azimuth ordinary shares the subject of acceptance instructions (in the form of acceptance forms and/or directions to custodians to accept the Troy offer) that have been received in the Institutional Acceptance Facility (IAF) as at 7.00pm (Sydney time) yesterday; and|
|b) the number of Azimuth shares in which Troy has a relevant interest,|
are as follows:
Number of Azimuth
% of Azimuth ordinary
|Shares subject to IAF||93,421,008||21.69%|
Acceptances received into the IAF include those of Macquarie Metals & Energy Capital (Azimuth's largest shareholder) representing 16.65% of Azimuth's ordinary shares on issue.
Shares the subject of the IAF do not, at this stage, constitute formal acceptances of the takeover offer.
SOURCE Azimuth Resources