Rockpool Acqui Regulatory News (ROC)

11 Dec 2006 15:26

Roc Oil Company Limited11 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 ofdepositary 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 ofineligible shareholders and persons who did not exercise their rights as part ofthe Company's recent 3 for 8 Rights Issue. The final clearing price for theBookbuild, which was conducted by the underwriter UBS, was A$3.10 per share. As a result, ineligible shareholders and other persons who did not exercisetheir rights, will receive A$0.40 or the sterling equivalent, for each sharethey were entitled to subscribe for under the Rights Issue. The balance of theBookbuild clearing price, A$2.70, has been received by ROC as the Rights Issueapplication price. The CREST accounts of the depositary interest holders referred to above will becredited tomorrow with 16 pence for each share not taken up under the RightsIssue, being A$0.40 converted at the exchange rate of one Australian dollar forevery 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