06 Jun 2014

Clayton Utz advises Amcom Telecommunications Limited on successful $40 million placement

Perth, 6 June 2014: Clayton Utz has advised ASX-listed information technology and telecommunications company Amcom Telecommunications Limited (ASX: AMM) on its successful $40 million placement of shares to sophisticated and professional investors, announced today.

Proceeds raised will be used to fund potential acquisitions by Amcom of complementary businesses which are aligned with Amcom’s current capabilities.

Clayton Utz Perth corporate partner Mark Paganin led the firm's team with support from senior associate Stephen Neale and lawyer Sarah Croft.

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Clayton Utz communications are intended to provide commentary and general information. They should not be relied upon as legal advice. Formal legal advice should be sought in particular transactions or on matters of interest arising from this communication. Persons listed may not be admitted in all States and Territories.