FTE Forte Energy

 
TIDMFTE 
 
BGL Shareholders Accept Offer 
                                                                                       Forte Energy NL 
 
                                                                                           AIM Release 
                                                                                       13 January 2016 
 
BGL Shareholders Accept Offer 
 
 
Further  to its announcement on 7 January 2016, Forte Energy NL ("Forte" or "the Company") (AIM:  FTE), 
is pleased to announce that shareholders of BOS GLOBAL Limited ("BGL") with a relevant interest in more 
than  90%  of the remaining 49.7% of BGL shares not held by the DJ Family Trust ("DJFT") have  accepted 
the  offer  from  Forte to acquire their shares on the same terms as those provided to  the  DJFT  (the 
"Offer").  With  more  than  90% of acceptances received, Forte will be in a position  to  compulsorily 
acquire any remaining shares pursuant to s661A of the Corporations Act once the conditions of the Offer 
have  been  satisfied.  The conditions of the Offer were detailed in Forte's announcement  made  on  31 
December 2015. 
 
The  acquisition of BGL Shares by Forte (the "Acquisition") will be treated as a reverse takeover under 
the  AIM  Rules for Companies.  Consequently the Acquisition will be subject to the approval  of  Forte 
shareholders  and, following shareholder approval, the admission of the enlarged Forte  to  trading  on 
AIM. 
 
Forte  is preparing a notice of meeting to seek the approval of Forte shareholders for the Acquisition, 
and  apply for admission to AIM as a business and financial technology ("FinTech") company. Trading  in 
Forte's shares on AIM remains suspended pending publication of an admission document or termination  of 
the Acquisition. 
 
The Company looks forward to providing further updates as the transaction progresses. 
 
Additionally  the  Company notes that the admission of 1,120,071,685 new shares  in  the  Company,  the 
allotment  of which was announced on 6 January 2016, will be deferred until the restoration to  trading 
of Forte's shares on AIM. 
 
 
 
For further information contact: 
 
Mark Reilly, Managing Director 
Forte Energy NL                         Tel: +61 (0) 8 9322 4071 
 
Oliver Morse 
RFC Ambrian Ltd                         Tel: +61 (0) 8 9480 2500 
(AIM Nominated Adviser to the Company) 
 
Forte Energy NL 
 
Suite 3, Level 3 
1292 Hay Street 
West Perth WA 6005 
Ph: +61 (0)8 9322 4071 
Fax: +61 (0)8 9322 4073 
Email: info@forteenergy.com.au 
Web: www.forteenergy.com.au 
 
 
Forte Energy NL 
 

(END) Dow Jones Newswires

January 13, 2016 02:05 ET (07:05 GMT)

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