18/12/2009

Announcement Details

ASX URL: http://www.asx.com.au/asx/research/companyInfo.do?by=asxCode&asxCode=wec#headlines

Summary

Resolution 1 ‐ Ratification of Prior Issue ‐ Shares
“That, for the purposes of ASX Listing Rule 7.4 and for all other purposes, Shareholders ratify the allotment and issue of 28,800,000 shares on the terms and conditions set out in the Explanatory Statement.”

Resolution 2 ‐ Placement ‐ Shares
“That, for the purpose of ASX Listing Rule 7.1 and for all other purposes, approval is given for the Directors to allot and issue up to 12,870,000 Shares on the terms and conditions set out in the Explanatory Statement.”

Resolution 3 – Adoption of Incentive Option Scheme
“That, for the purpose of Listing Rule 7.2 (Exception 9) of the ASX Listing Rules and for all other purposes, approval is given for the Company to adopt an incentive option scheme (Scheme), a summary of which is set out in the Explanatory Statement accompanying this Notice of Meeting.”