Notice

Off-market takeover bid by Yumbah Aquaculture Limited to purchase all of the shares in East 33 Limited (ASX code: E33)

What's this about:
  • ASX Market
  • Clearing
  • Settlement
  • Operations
  • Market Data
  • Compliance
  • Risk
  • Equities
  • OTC Cleared
Notice reference number: 1032.24.09
Date published: 11/09/24
Effective as of: 11/09/24
Last updated: 11/09/24

What do I need to do by when?

Bid Details

Bidder:

Yumbah Aquaculture Limited

UIC:

11804

Registry/Agent:

Boardroom Pty Limited

Target Issuer:

East 33 Limited

Target ASX Code:

E33

Takeover Code/Consideration

E33001 - A$0.022 for each East33 share held


Offer Period

Offer Open Date:

11 September 2024

Offer Close Date:

5:00pm (Sydney time) on 11 October 2024


CHESS will process acceptance messages until 5:00pm (Sydney time) on 11 October 2024 in the event that the bid is extended, such other time as may be notified by bidder to the market.

The E33 bid is conditional and a shareholder may only accept the offer in relation to all of their E33 shares held at the time the acceptance is processed.

For further information regarding the Offer, please contact the E33 Information Line on 1300 737 760 from within Australia or +61 2 9290 9600 from outside Australia, Monday to Friday between 8:30am and 5:30pm (Melbourne time).

Need more information?

Issued by

Serena Dang, Equity Post Trade Operations
 

Contact information

Equity Post Trade Operations
1800 814 051
chesshelp@asx.com.au

General Information

Participants should refer to Section 13 of the CHESS Procedure Guidelines for Participants and Section 14 of the ASX Settlement Operating Rules for further information concerning the processing of Takeover Acceptance Messages for a CHESS Holding of securities.  Some of these issues are summarised below.

A Participant must initiate acceptance of an offer by transmission of an EIS type ‘031’ message (Takeover Acceptance) where the securities in question are held in a CHESS Holding. The Participant will receive a ‘032’ message (Effected Takeover Acceptance) from CHESS in response.

In addition to the electronic notification to the Participant, paper notification will be sent directly to the Holder as securities are reserved in an offer-accepted subposition. Any change to the balance of securities in subposition will generate further electronic advice to the Participant and paper advice to the Holder.

Where a Participant receives instructions from a Sponsored Holder, the Participant is required under the ASX Settlement Operating Rules to initiate acceptance of an offer:

if the Holder specifies the time when or by which the offer must be accepted, in accordance with those instructions; otherwise

by End of Day on the date of receipt of instructions from the Holder. Where the offer closes on the date of receipt of instructions then prior to the close of the offer.

Participants should therefore retain, as a minimum, a record of the date on which instructions to accept an offer are received from a Sponsored Holder.

Disclaimer