Investing in Rainbow Power Company
Rainbow Power Company Pty Limited was originally incorporated on 18th June 1987 and was converted to a public company soon after.
Shares are 'unlisted', meaning they are not registered on a recognised exchange such as the Australian Securities Exchange (ASX). However, the information provided on this page is all you need to buy or sell RPC shares.
All RPC share transfers are subject to Article 19 and 21 of the Memorandum & Articles of Association.
Unless you are selling to an existing shareholder, the first step is to notify RPC in writing stating the sale price per share. Meanwhile, you may want to make contact (see lists below) and discuss the terms of sale with any interested party. The Board of Directors may, within 35 days of being notified, select a different purchaser.
When the transfer is agreed to in principle, the Seller needs to download and forward the following documents to the Buyer:
- latest Financial Statement
- RPC Memorandum & Articles
Once the Buyer has received and reviewed the above documents, the Buyer fills in the relevant sections (see sample form) of the transfer form:
RPC suggests that the Buyer fills in both Consideration (as digits) and Quantity (as words and digits) as agreed upon. The Buyer then sends the signed form to the Seller.
On receipt of payment, the Seller completes and signs the transfer form and sends the original to RPC. At the same time, the Seller must also return the laminated share certificate back to RPC.
The Buyer will be sent his/her laminated share certificate within 21 days of the transfer. The Seller will also get a new certificate for any unsold shares from the old certificate.
Shareholders can post an email address here by editing the Account Settings.
With an RPC online account you can publish your contact details here. Create an account or login and change the Account Settings accordingly.
Note: Only current shareholders can view this contact list.