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Diversa Ltd announces successful completion of entitlement offer


Thursday, 21 Aug 2014 03:16am EDT 

Diversa Ltd:Announces successful completion of its 2 for 7 nonrenounceable entitlement offer of fully paid ordinary shares in Diversa at an issue price of A$0.027 per share to existing shareholders to raise about A$4.41 mln.Proceeds will be used to complete the recently acquisitions of The Trust Company (Superannuation) Ltd and a 30 pct interest in Tranzact Financial Services Pty Ltd (with an option to acquire the remaining 70 pct), and to provide working capital. 

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