Attached is an updated version of the SeaDragon announcement dated 17 October
2016, with a correction to the total number of newly issued shares in the
second paragraph of that announcement.
That second paragraph should read: "Accordingly, SeaDragon will issue a total
of 1,367,304,341 shares. The newly issued shares are expected to commence
trading today."
NZX / MEDIA RELEASE 17 October 2016
Successful Rights Offer for SeaDragon Limited
SeaDragon raises a total of $10.9 million under its 1 for 2 Rights Offer and
Shortfall Bookbuild
New Zealand''s leading refiner and blender of high-quality fish oils SeaDragon
Limited (NZX:SEA) is delighted to confirm that it has raised $10.9 million
from its 1 for 2 rights offer and shortfall bookbuild.
Accordingly, SeaDragon will issue a total of 1,367,304,341 shares. The newly
issued shares are expected to commence trading today.
The Board of SeaDragon thanks our shareholders for their continuing support
of the company.
For the purposes of Rule 7.12.1 of the NZX Main Board Listing Rules,
SeaDragon advises that the following securities have been issued:
a) Class of security: Ordinary Shares
ISIN: NZRSAE0001S1
b) Number issued: 1,367,304,341
c) Issue Price: $0.008 per Share
d) Payment terms: Cash, pursuant to the Rights Offer and Shortfall Bookbuild
e) Amount paid up: In full
f) Principal terms of the security: As set out in the offer document released
on 5 September 2016
g) Percentage of total class issued: 30.293% of the total shares on issue
post-allotment
h) Reason for issue: Pro rata renounceable 1 for 2 Rights Offer and
subsequent shortfall bookbuild, pursuant to an offer document released on 5
September 2016
i) Authority for issue: Board resolution
j) Terms of issue: The shares will rank equally in all respects with existing
ordinary shares of the company.
k) Total number of securities after issue: 4,513,618,718
l) Treasury stock: N/A
m) Date of issue: 17 October 2016
For further information, contact:
Colin Groves
Chairman
Tel: +64 21 928 003
About SeaDragon: www.seadragon.co.nz
SeaDragon Limited (NZX:SEA) is New Zealand''s largest refiner and blender of
high-quality, internationally certified concentrated fish oils and fractions,
including Omega-3 oils. Our oils are sourced from fish caught in the clean
and pure waters around New Zealand, in the Southern Ocean, and elsewhere. We
have more than 20 years'' experience processing fish oils and we are
recognised for the quality and purity of our products. We supply health
supplement manufacturers around the world to meet the burgeoning demand for
pure, high-quality fish oils, which are scientifically proven to deliver
significant human health benefits such as lowering the risk of heart disease,
improving brain function and joint health. The majority of our supply is
exported.
End CA:00290950 For:SEA Type:ALLOT Time:2016-10-17 15:02:58