15 August 2012
Wednesday 15 August 2012
Extension to Closing Date for Overseas Offer
New Closing Date of Tuesday 4 September 2012
Ceramic Fuel Cells Limited (AIM / ASX: CFU) a leading developer of small generators that use fuel cell technology to convert natural gas into electricity and heat for homes and other buildings, announces an extension to the closing date for its current overseas offer to qualifying participants outside of Australia, New Zealand and certain other territories.
On 24 July 2012 the Company announced a rights issue and overseas offer to existing holders to raise further working capital. The overseas offer seeks to raise up to approximately GBP 2 million (being the pounds sterling equivalent of EUR 2.5 million) at an issue price of four pence per share.
The Company is extending the closing date for the overseas offer from Monday 20 August, to Tuesday 4 September 2012. The Company has also extended the closing date for the rights issue.
The new indicative timetable for the overseas offer is below:
Event Indicative timing ---------------------------------- -------------------- Offer closes 5.00pm 4 September 2012 ---------------------------------- -------------------- Admission of new shares to AIM 8.00am 11 September 2012 ---------------------------------- -------------------- CHESS / Issuer Sponsored / CREST 8.00am 11 September accounts expected to be credited 2012 for the new shares or depository interests (as applicable) ---------------------------------- --------------------
All references to time are to British Summer Time.
Eligible shareholders will have received either a rights issue prospectus or an overseas offer circular (as applicable) and an entitlement and acceptance form. Shareholders should refer to these documents for the full details and terms of the rights issue or overseas offer.
More information about the Company and our recent activities, including our announcements and financial reports, is available at the Company's website, www.cfcl.com.au.