Company News Summary | 16 Mar 2010

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UXC Announces Underwriting of Bonus Options

14:22:00 | Associate analysts

Original annuncemenet:Underwriting of Bonus Options

UXC announced that it has appointed Patersons Securities as Lead Manager and Underwriter for the exercise of the Bonus Options expiring 31 March 2010. The total proceeds from the exercise of the Bonus Options of approx. $10.2m, representing approx. 22.7m shares, are fully underwritten. The sub-underwriting book closed heavily oversubscribed. Share allotments for options exercised will be made in mid April.

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