Investor Relations

Expiry of Voluntary Restriction agmts on ordinary shares

Back Jun 26, 2001
Q MULTIMEDIUM LIMITED                         2001-06-26  ASX-SIGNAL-G

HOMEX - Perth                                                         

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Q Multimedium Limited (QMM or Company) wishes to advise that certain
of its securities will be released from voluntary restrictions
imposed by the Company (in conjunction with its underwriter) prior to
its admission to the official list and the commencement of quotation
of its securities on Australian Stock Exchange Limited (ASX) on 16
December 1999.

Pursuant to the underwriting agreement referred to in the Company's
initial public offer prospectus dated 11 November 1999, the holdings
of certain existing shareholders were subject to voluntary
restrictions in addition to the restrictions imposed by the ASX.

On 30 June 2001, the voluntary restrictions covering 8,400,000
ordinary shares shall expire. The restriction imposed by ASX in
respect of these ordinary shares expired on 16 December 2000 and the
Company applied for official quotation of those shares on 18 December
2000.

22,902,857 ordinary shares remain subject to ASX restrictions until
16 December 2001.

Any queries should be directed to the Company Secretary, Mr Bryan
Robinson on (08) 9322 2977.

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