Roc Oil Company Limited
11 December 2006
ROC OIL COMPANY LIMITED
11 December 2006
Roc Oil Company Limited ('ROC' or 'the Company')
Further information regarding Rights Issue
Set out below is confirmation of payment details of monies owed to holders of
depositary interests representing ordinary shares in ROC.
On 5 December 2006, ROC announced that it had successfully completed the sale,
via a 'Bookbuild', of new 8.8 million shares representing the entitlements of
ineligible shareholders and persons who did not exercise their rights as part of
the Company's recent 3 for 8 Rights Issue. The final clearing price for the
Bookbuild, which was conducted by the underwriter UBS, was A$3.10 per share.
As a result, ineligible shareholders and other persons who did not exercise
their rights, will receive A$0.40 or the sterling equivalent, for each share
they were entitled to subscribe for under the Rights Issue. The balance of the
Bookbuild clearing price, A$2.70, has been received by ROC as the Rights Issue
application price.
The CREST accounts of the depositary interest holders referred to above will be
credited tomorrow with 16 pence for each share not taken up under the Rights
Issue, being A$0.40 converted at the exchange rate of one Australian dollar for
every 0.4 pounds sterling, as quoted in the Rights Issue Prospectus.
This information is provided by RNS
The company news service from the London Stock Exchange NSRUAAA
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