Takeover bid by Troy Resources Limited for Azimuth Resources Limited - Notice of Change of Interests of Substantial Holder and Institutional Acceptance Facility
12.06.2013 | CNW
PERTH, June 12, 2013 - Azimuth Resources Limited (Azimuth) (ASX, TSX: AZH) advises that Troy Resources Limited (Troy) (ASX, TSX: TRY) has today advised that the aggregate of:
a) the number of Azimuth ordinary shares the subject of acceptance instructions (in the form of acceptance forms and/or directions to custodians to accept the Troy offer) that have been received in the Institutional Acceptance Facility (IAF) as at 7.00pm (Sydney time) yesterday; and
b) the number of Azimuth shares in which Troy has a relevant interest,
are as follows:
| Number of Azimuth ordinary shares | % of Azimuth ordinary shares | |
| Shares subject to IAF | 93,421,008 | 21.69% |
| Relevant interest | 127,635,735 | 29.64% |
| Total | 221,056,743 | 51.33% |
Acceptances received into the IAF include those of Macquarie Metals & Energy Capital (Azimuth's largest shareholder) representing 16.65% of Azimuth's ordinary shares on issue.
Shares the subject of the IAF do not, at this stage, constitute formal acceptances of the takeover offer.
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
SOURCE Azimuth Resources
Shareholders:
Russell Clark, Chief Executive Officer
Azimuth Resources Limited
T: +61 8 9381 2488
E: rclark@azimuthresources.com.au
Media:
Bill Kemmery
Fortbridge Consulting Pty Ltd
Tel: +61 2 9003 0499
Tel: +61 400 122 449
E: bill.kemmery@fortbridge.com