14.02.2013 Views

PROSPECTUS - GR Engineering

PROSPECTUS - GR Engineering

PROSPECTUS - GR Engineering

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

1.11 Minimum Subscription<br />

the minimum subscription for the offer is $30.0 million (being all the Shares offered under<br />

this Prospectus).<br />

Should the minimum subscription not be reached within four (4) months after the date of this<br />

Prospectus, all applications will be dealt with in accordance with the corporations act.<br />

1.12 Oversubscriptions<br />

oversubscriptions will not be accepted.<br />

1.13 Overseas Investors<br />

this Prospectus does not constitute an offer of Shares in any jurisdiction where, or to any person<br />

to whom, it would not be lawful to issue the Prospectus or make the offer. Residents of countries<br />

outside australia should consult their professional advisers as to whether any government or other<br />

consents are required, or whether any formalities need to be observed should they wish to make an<br />

application to take up Shares on the basis of this Prospectus.<br />

no action has been taken to register or qualify the Shares or the offer or otherwise to permit<br />

an offering of the Shares in any jurisdiction outside australia. the offer pursuant to an Electronic<br />

Prospectus is only available to persons receiving an electronic version of this Prospectus<br />

within australia.<br />

Each applicant will be taken to have represented warranted and agreed that such person:<br />

• is an Australian citizen or resident in Australia, is located in Australia at the time of such<br />

application and is not acting for the account or benefit of any person in the united States or any<br />

other foreign person; and<br />

• will not offer or sell the Shares in the United States or in any other jurisdiction outside Australia<br />

or to a united States person, except in transactions exempt from registration under the ‘united<br />

States Securities act of 1933’ as amended, and in compliance with all applicable laws in the<br />

jurisdiction in which such Shares are offered and sold.<br />

1.14 Brokerage<br />

no brokerage or stamp duty will be payable by applicants subscribing for Shares.<br />

1.15 Broker to the Offer<br />

argonaut Securities Pty Limited (afSL no. 274 099) is the appointed broker to the offer. the<br />

company will pay argonaut Securities Pty Limited a commission of 5% (exclusive of goods and<br />

services tax) of the total amount raised under the offer. out of the commission argonaut Securities<br />

Pty Limited may pay other afSL holders a fee for applications bearing their stamp.<br />

1.16 Underwriting<br />

the offer is not underwritten.<br />

1.17 ASX Listing<br />

Within 7 days from the date of this Prospectus, application will be made for the company to be<br />

admitted to the official List and for admission of the Shares offered by this Prospectus to quotation<br />

on the aSX. <strong>GR</strong> <strong>Engineering</strong> has reserved the aSX code GnG.<br />

if the company is not admitted to the official List and its Shares are not admitted to quotation within<br />

3 months after the date of this Prospectus, the company will not allot or issue any Shares, and will<br />

repay all application monies without interest and within the time prescribed by the corporations act.<br />

the aSX takes no responsibility for the contents of this Prospectus. the fact that aSX may grant<br />

quotation of the Shares is not to be taken in any way as an indication of the merits of the company<br />

or the Shares offered pursuant to this Prospectus.<br />

<strong>GR</strong> EnGinEERinG SERvicES LimitEd PRoSPEctuS<br />

19

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!