Australian Stock Exchange Limited
Wednesday, 26 August 2015
MARKET ANNOUNCEMENT
TAKEOVER BID FOR STRIKE RESOURCES - OFFER DECLARED FREE OF DEFEATING CONDITIONS EXCEPT PRESCRIBED OCCURRENCES
Bentley Capital Limited (ASX: BEL) (Bentley) has freed its off-market takeover offer (Offer) for Strike Resources Limited (ASX: SRK) (Strike) from all defeating conditions other than the condition in 8.7(g) of the Bidder's Statement that no Prescribed Occurrence1 occurs before the end of the Offer Period.
The Offer, of 5.5 cents per SRK share, is currently scheduled to close at 5.00 p.m. (Australian Western Standard Time) on Wednesday, 2 September 2015 (unless extended or withdrawn).
Bentley urges all SRK shareholders who have not yet accepted the Offer to do so as soon as possible.
Attached is Bentley's notice to SRK freeing the Offers from the defeating conditions.2
FOR FURTHER INFORMATION:
Victor Ho
Company Secretary
T | 08 9214 9757
E | [email protected]
1 A "Prescribed Occurrence" is defined in the Bidder's Statement as an event or circumstance of the kind referred to in section 652C of the Corporations Act 2001 (Cth) (the Act).
2 Pursuant to section 650F of the Act.
www.bel.com.au
BENTLEY CAPITAL LIMITED A.B.N. 87 008 108 218
Level 2, 23 Ventnor Avenue, West Perth, Western Australia 6005
ASX Code: BEL T | (08) 9214 9757 F | (08) 9214 9701 E | [email protected]
Bentley
Capitai Limited
Notice
Strike Resources Lirnited
Levei 11, London House
220 St Georges Terrace
Perth Western Australia 6000
By email: facsimile: courier
[email protected]
9463 6103
Notice declaring takeover offers free from defeating conditions
Bentiey Capitai Lirnited (ABN 87 008108 218) (Bentley) gives Strike Resources Lirnited (ABN 94 088 488 724) (Strike) notice under section 650F(1) of the Corporations Act 2001 (Cth) that:
1 The takeover offers dated 31 Juiy 2015 (Offers) under Bentiey's off-market takeover bid far ali the ordinary shares in Strike contained in Bentiey's bidder's statement dated 17 Juiy 2015 (Bidder's Statement) are declared free from the conditions in the following paragraphs of Section 8.7 of the Bidder's Statement:
(a) (Minimum acceptance), (b) (Minimum cash),
(c) (Maximum liabilities),
(d) (Legai proceedings),
(e) (No Board appointments), and
(f) (No Materia! Adverse Change).
2 Bentley's voting power in Strike at the date of this notice is 7.366%.
atedt6 August 2015
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Victor Ho
Company Secretary
www.bel.com.au
BENTLEY CAPITAL LIMITED A.B.N. 87 008 108 218
ASX Code: BEL
Level2, 21Ventnor Avenue, West Perth, Western Australia 6005
T l (08) 9214 9757 F l (08) 9214 9701 E l info@bel.com.au