Regal Resources Limited – Undertaking
The President has accepted an undertaking from Ndovu Capital VI B.V. in relation to the application dated 22 September 2016 by Mr Warwick Sauer (see TP16/68).
Ndovu has undertaken in effect not to dispose of, transfer, charge or otherwise deal with the shortfall shares issued to it as underwriter of Regal Resources Limited's recently completed entitlement offer.
A copy of the undertaking is attached.