Appendix 3B - Share Issue Acquisition Milestone 1
April 30, 2008
ImpediMed Limited provides herewith an Appendix 3B for the issue of 757,118 ordinary shares in respect of Milestone 1 under the acquisition agreement for Xitron Technologies Inc, an acquisition completed on 1st October 2007. The negotiated consideration and milestone payments under this agreement which are all in the form of equity were priced at $1.30, an 81% premium to the company’s listing price of 72 cents, and a 63% premium to yesterday’s closing price of 80 cents.
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