Global semiconductor developer BluGlass Limited (ASX: BLG), has extended the closing date for its Share Purchase Plan (SPP) Offer to Thursday, 28 March 2024. A revised timetable is set out below.
Shareholder ratification of the issue of shares under the SPP is the subject of Resolution 2 at the forthcoming General Meeting of the Company (and the attaching options are subject to other resolutions at that meeting).
The shares will now be issued on or about 3 April 2024 rather than on or about 15 March 2024 as set out in the notice of meeting.
Indicative Timetable
| Event | Date |
| Lodgement of Prospectus with ASIC | 14 February 2024 |
| Lodgement of Appendix 3B, Announcement and Prospectus with ASX | 14 February 2024 |
| Offers open | 21 February 2024 |
| Issue of Notice of Meeting | 29 February 2024 |
| Offers Close | 28 March 2024 |
| Issue of New Shares | 3 April 2024 |
| Expected date of despatch of Holding Statements for New Shares | 4 April 2024 |
| General Meeting held | 4 April 2024 |
| Expected date of Quotation of New Shares | 4 April 2024 |
| Issue and allotment of New Options | 5 April 2024 |
| Expected date of despatch of Holding statements for New Options | 9 April 2024 |
| Expected date of Quotation of New Options | 12 April 2024 |
| Last Date to exercise New Options | 28 February 2025 |
| Issue and Allotment Date of Shares and Piggyback Options following exercise of New Options | 3 March 2025
|
| Expected date of despatch of Holding statements for Shares and Piggyback Options issued on exercise of New Options | 5 March 2025 |
* These dates are indicative only and may change without prior notice. As such the date the New Options are expected to commence trading on ASX may vary.
This announcement has been approved for release by the BluGlass Board.
