Supplementary Prospectus and Notice of Meeting
Perth, Jan 28, 2016 AEST (ABN Newswire) - Raya Group Ltd (
ASX:RYG) (Raya or the Company) wishes to advise the lodgement of a supplementary prospectus (Supplementary Prospectus) with the Australian Securities and Investments Commission (ASIC) today in relation to its general public offer to raise up to $8 million before costs (Offer).
This document supplements, and should be read together with the prospectus lodged with the ASIC by Raya Group on 18 January 2016 (Prospectus). The Supplementary Prospectus has been issued to restate, clarify or provide further details regarding certain information already disclosed in the Prospectus.
Eligible shareholders will receive a copy of the Supplementary Prospectus together with the Prospectus and a personalised application form. The Share Registry expects to dispatch and mail these complete documents to shareholders early next week.
A copy of the Supplementary Prospectus has been released on ASX platform following this announcement and also provided on the Company website at:
http://www.rayagroup.com.au/prospectus
Raya and its lead manager KTM Capital (KTM) have received strong indications from funds and institutions to participate in the Offer following the roadshows held in late December.
The priority offer closing date has been extended to 19th February 2016 to allow time for shareholders to receive documents following the new dispatch date and is in line with the public closing date.
Following the cancellation of the 320 million Xped vendor options under a variation to the acquisition terms all previously proposed bonus prospectus, bonus loyalty and advisor options ceased in exchange for the variation.
Raya is also pleased to advise that the Notice of General Meeting materials (NOM) and details regarding the general meeting to approve the acquisition of Xped Holdings Limited follow this announcement. Dispatch of the NOM to shareholders will occur on 2nd February 2016, with the meeting set for 4th March 2016, and the timeline in link below reflects the new dates.
To view the timeline, please visit:
http://media.abnnewswire.net/media/en/docs/ASX-RYG-903281.pdf
To view the supplementary prospectus, please visit:
http://media.abnnewswire.net/media/en/docs/ASX-RYG-903282.pdf
About XPED Ltd
XPED Ltd (ASX:XPE) is an Australian Internet of Things (“IoT”) technology business. Xped has developed revolutionary and patent-protected technology that allows any consumer, regardless of their technical capability, to connect, monitor and control devices and appliances found in our everyday environment. Xped provides technology solutions for Smart Home, Smart Building, and Healthcare.
At Xped, we’re Making Technology Easy Again(TM)
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