Placements::PROPOSED PLACEMENT OF 15,000,000 NEW ORDINARY SHARES IN THE CAPITAL OF NAUTICAWT LIMITED

Issuer & Securities

Issuer/ Manager
NAUTICAWT LIMITED
Securities
NAUTICAWT LIMITED - SG1BE2000004 - 42D
Stapled Security
No

Announcement Details

Announcement Title
Placements
Date &Time of Broadcast
16-Jun-2016 19:45:43
Status
New
Announcement Sub Title
PROPOSED PLACEMENT OF 15,000,000 NEW ORDINARY SHARES IN THE CAPITAL OF NAUTICAWT LIMITED
Announcement Reference
SG160616OTHRAPXT
Submitted By (Co./ Ind. Name)
John Gronbech
Designation
Executive Director and CEO
Description (Please provide a detailed description of the event in the box below)
Please see attached.

This announcement has been prepared by the Company and its contents have been reviewed by the Company's sponsor, Canaccord Genuity Singapore Pte. Ltd. ("Sponsor"), for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited ("SGX-ST"). The Sponsor has not independently verified the contents of this announcement.

This announcement has not been examined or approved by the SGX-ST and the SGX-ST assumes no responsibility for the contents of this announcement including the correctness of any of the statements or opinions made, or reports contained in this announcement.

The contact person for the Sponsor is Mr Sebastian Jones, Associate Director, Corporate Finance, Canaccord Genuity Singapore Pte. Ltd., at 77 Robinson Road #21-02 Singapore 068896, telephone (65) 6854 6160.

Additional Details

Capital Amount-Old
SGD 10,194,806.75
Capital Amount-New
SGD 12,804,806.75
No. of Existing Outstanding Shares
190,965,893
New Shares Issued
15,000,000
Offer Price
SGD 0.174

Attachments

HARPS Placement.pdf
Total size =226K