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Provider : Thomson Reuters Stock Report
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Greencross Ltd announces entitlement offer and placement

Sunday, 15 Jun 2014 09:10pm EDT 

Greencross Ltd:Proposes capital raising of about A$51 mln by way of a fully underwritten pro-rata accelerated non-renounceable rights issue (entitlement offer).Also announced placement of $A69 mln of ordinary shares to institutional investors (placement).Under entitlement offer, shareholders with registered address in Australia, New Zealand and certain other jurisdictions are invited to subscribe for one fully paid Greencross ordinary shares for every 15 Shares held on June 19.Purpose of issue is to partially fund acquisition of CF Group Holdings Pty Ltd announced on June 16. 

Company Quote

-0.05 -0.67%
24 May 2016