RE: 48% of additional request30 May 2019 16:29
You have received SIRIUS MINERALS shares.
Following your election to purchase New Sirius Minerals shares under the recent Open Offer, we can confirm that all elections, including Excess Applications, have been processed in accordance with the terms of the Offer.
Please be aware that elections made under the Excess Facility have been subject to scaling back. Subsequently, elections in excess of a shareholder's basic entitlement have been satisfied by up to approximately 48.5576921 percent in respect of the number of Excess shares applied for.
We can confirm that any cash due to be returned to shareholders following the scaling back of elections under the Excess Facility will be credited back to accounts once we have received it from the Company's Registrar.