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VDM Group to Hold a 3:7 Renounceable Entitlement Offer at 42 Cents to Raise $25m
Friday October 23, 2009, 7:45 pm

Original Announcement: Prospectus - Underwritten Renounceable Entitlements Offer

VDM Group announced that it will hold a fully underwritten renounceable pro rata entitlements offer to eligible shareholders on the basis of 3 new shares for every 7 shares held at the record date at an issue price of $0.42 per new share, to raise approximately $25m. The record date will be on 4 November 2009 and the closing date will be on 20 November 2009.

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