Realm Resources Limited - Undertaking [06/06/2018] The Takeovers Panel

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TP18/41
Wednesday, 6 June 2018

Realm Resources Limited - Undertaking

The Panel has accepted an undertaking from T2 Resources Fund Pty Limited (T2 Resources) in connection with an application by Realm Resources Limited (Realm) dated 29 May 2018 in relation to its affairs (see TP18/0037).

T2 Resources has undertaken not to declare that its takeover offer for Realm shares is free from all conditions without providing the Panel with at least two (2) clear business days' notice in advance of any such declaration.

The undertaking will continue until the until the conclusion of the Panel's proceedings.

A copy of the undertaking is attached.

Allan Bulman
Director, Takeovers Panel
Level 10, 63 Exhibition Street
Melbourne VIC 3000
Ph: +61 3 9655 3500
takeovers@takeovers.gov.au


Annexure A

AUSTRALIAN SECURITIES AND
INVESTMENTS COMMISSION ACT 2001 (CTH) SECTION 201A
UNDERTAKING

Undertaking in respect of Realm Resources Limited

T2 Resources undertakes to the Panel that, without the Panel's consent, it will not declare that its Offer is free from all conditions without providing the Panel with at least two (2) clear business days' notice in advance of any such declaration.

This undertaking continues until the conclusion of the Panel's proceedings.

In this undertaking the following terms have the corresponding meaning:

Offer
Off-market takeover offer made by T2 Resources to holders of Realm shares to acquire all of their shares at a price of $1.00 per share pursuant to its bidder's statement dated 23 February 2018 (as supplemented or varied from time to time)
Realm
Realm Resources Limited (ACN 008 124 025)
T2 Resources
T2 Resources Fund Pty Limited (ACN 624 330 696)

Executed by T2 Resources Fund Pty Limited in accordance with section 127(1) of the Corporations Act 2001 (Cth) by authority of its directors:

Martin Boland
Rohan Menon

Dated: 6 June 2018