MELBOURNE, Australia,
Oct. 15, 2012 /PRNewswire/
-- Australia Acquisition Corp. ("AAC" or the "Company")
(NASDAQ: AAC; AACOW; AACOU) announced that its previously announced
tender offer, as amended (the "Tender Offer") has been extended
until 5:00 p.m. EDT on October 19, 2012. The Tender Offer was
previously scheduled to expire at 5:00 p.m.
EDT, on October 12,
2012. The extension is being made for the purpose of
providing the company additional time to respond to comments
received by the Securities and Exchange Commission (the
"SEC"). Except for such extension, all of the terms and
conditions set forth in the Tender Offer materials remain
unchanged.
Shareholders who support the Company's proposed transaction with
Harbinger Capital Partners should not tender their ordinary shares
in the Tender Offer, and if they have previously done so, should
withdraw such tendered shares prior to 5:00
p.m. EDT on October 19,
2012.
On October 15, 2012 or as soon
thereafter as reasonably practicable, the Company will pay the
previously disclosed consent fee to its holders of ordinary shares
on October 15, 2012, in an amount
equal to US$0.05 per ordinary
share.
The depositary for the Tender Offer has advised the Company that
as of 5:00 p.m., New York City time, on October 12, 2012, the expiration date of the
Tender Offer, 5,997,924 Ordinary Shares had been tendered into and
not withdrawn from the Tender Offer. Shareholders who have
previously tendered their Ordinary Shares do not need to take any
other actions unless they desire to withdraw their Ordinary Shares,
which they may do in accordance with the procedures described in
the Offer to Purchase and Letter of Transmittal (in each case, as
amended, and collectively, the "Tender Offer Documents").
Morrow & Co., LLC is acting as the information agent for the
Tender Offer, and the depositary is Continental Stock Transfer
& Trust Company. Shareholders are urged to review the Tender
Offer Documents, which will be available at www.sec.gov and which
will be redistributed to holders of record and brokers who hold for
Shareholders promptly, along with related documents. For questions
and information, please call the information agent toll free at
(800) 662-5200 (banks and brokers can call collect at (203)
658-9400).
About Australia Acquisition Corp.
Australia Acquisition Corp. is a special purpose acquisition
company formed for the purpose of effecting a merger, capital stock
exchange, asset acquisition, stock purchase, reorganization or
similar business combination. Australia Acquisition Corp. is
a Cayman Islands corporation
formed in 2010 with Peter Ziegler as
its Chairman and Chief Executive Officer, Charbel Nader as its Executive Vice President,
and Stephen Streeter as its Chief
Financial Officer and Executive Vice President.
IMPORTANT INFORMATION ABOUT THE TENDER OFFER
Nothing contained herein constitutes an offer to buy or the
solicitation of an offer to sell securities. The solicitation and
the offer to buy AAC's Ordinary Shares will only be made pursuant
to the Tender Offer Documents. The Tender Offer Documents
contain important information that should be read carefully and
considered before any decision is made with respect to the Tender
Offer. These materials have been provided free of charge to all
holders of AAC's Ordinary Shares. In addition, all of these
materials (and all other materials filed by AAC with the SEC) are
available at no charge from the SEC through its website at
www.sec.gov. Security holders may also obtain free copies of the
documents filed with the SEC by AAC by directing a request to
Australia Acquisition Corp., Level 9 Podium, 530 Collins Street,
Melbourne VIC 3000, Australia. Security holders of AAC are
urged to read the Tender Offer Documents and the other relevant
materials before making any investment decision with respect to the
Tender Offer because they contain important information about the
Tender Offer, the business combination transaction and the parties
to the transaction.
PARTICIPANTS IN THE TENDER OFFER
Australia Acquisition Corp. and its directors and officers may
be deemed participants in the Tender Offer with respect to the
transaction. A list of the names of those directors and officers
and a description of their interests in Australia Acquisition Corp. is contained in
AAC's Annual Report on Form 20-F for the fiscal year ended
June 30, 2012 which was filed with
the SEC, and are also contained in the Schedule TO, Offer to
Purchase dated July 17, 2012 and
other related documents, and other documents relating to the
previously announced transaction.
Contact:
Investor Inquiries
Rob Fink / Todd Fromer
KCSA Strategic Communications
212.896.1206 / 212.896.1215
rfink@kcsa.com / tfromer@kcsa.com
SOURCE Australia Acquisition Corp.