AHC - Gold Coast Property Developers

Letter to Shareholders

30 May 2014

 

Dear Shareholder

AHC Limited delisted from the Australian Stock Exchange on the 20 December 2013.

AHC Limited’s shares are now not listed on any licensed market or exchange, including the Australian Securities Exchange, In order to provide shareholders with some liquidity for their shares, AHC Limited received approval from the Australian Securities and Investments Commission (ASIC) on the 26 May 2014 to operate a low volume financial market under an exemption provided by section 791C of the Corporations Act 2003 and in accordance with the Corporations Low Volume Financial Markets exemption notice 2003.

This Low Volume Market will allow shareholders and potential shareholders an opportunity to buy and sell their shares, however there are certain restrictions placed on this market which are as follows:

  • No more than 100 (one hundred) completed transactions with a total value of no more than $500,000 (five hundred thousand dollars) in any 12 month period.

AHC Limited do not see this as a problem given the minimal transactions during the years when previously listed on the ASX.

To be able to trade your shares or for new shareholders AHC Limited will have the procedure to buy and sell shares placed on our web site ahc.com.au.

AHC Limited has no role in the negotiation and pricing of any trade under the Low Volume Market. AHC Limited will only act as the intermediary for the transfer of shares, by putting together prospective buyers with prospective sellers. AHC Limited will not accept any money for purchases or sales, this must take place between prospective purchases and sellers.

The Low Volume Market will provide you with one way to potentially locate a buyer or seller of AHC Limited shares. You may find your own buyer for your shares outside of the low volume market, Link Market Services will remain as our register service provider.

If you do not have internet available you may apply to the Company Secretary for the appropriate forms, to register your interest in buying or selling your shares.

If you have any queries you may contact the Company Secretary.

+61 7 5573 2666

Shop 25 + 26 Worongary Town Centre
1 Mudgereeba Road
Worongary
QLD, 4213
Tweed Heads, 2485