Fairfax
PRESSES offer, oversubscribed, now closed
SYDNEY,
6 December, 2001
The offer by John Fairfax Holdings Limited [ASX:FXJ] of PRESSES (Preferred Reset Securities Exchangeable for Shares) closed today at 5:00 p.m. AEST, oversubscribed. Due to the high level of demand for the PRESSES, the Company intends to accept subscriptions up to the maximum of 2.5 million PRESSES permitted under the offer.
Details of the allocation for the PRESSES will be made available on or after 12 December, 2001. It is expected that the PRESSES will commence trading on the ASX on a deferred settlement basis on 13 December, 2001. The PRESSES will trade under ASX code FXJPA.
All applicants will be notified by mail of their allocation of PRESSES. It is expected that holding statements and refund cheques (if required) will be despatched on 17 December, 2001 with normal trading of the PRESSES commencing on 18 December, 2001.
Applicants wishing to ascertain details of their allocation can also call the PRESSES assistance line, 1800 301 050 or visit the Fairfax website at www.fxj.com.au on or after 12 December, 2001. It is the responsibility of each applicant to confirm their holding before trading in PRESSES on a deferred settlement basis.
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