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McPherson's Ltd Completes Equity Raising

Thursday, 7 Mar 2013 05:15pm EST 

McPherson's Ltd announced that it has completed a AUD 24 million Placement to institutional and sophisticated investors(Placement) at a fixed price of AUD 2.20 (Placement Price) per new fully paid ordinary share in McPherson's (New Share). CBA Equities Limited acted as Sole Lead Manager, Bookrunner and Underwriter to the Placement. The non-underwritten Share Purchase Plan (SPP) will be offered to eligible shareholders. Investors on McPherson's share register as at 7.00pm (Sydney time) on March 6, 2013 and whose registered address is in Australia or New Zealand will be entitled to subscribe for up to AUD 15,000 worth of new fully ordinary shares in McPherson's. 

Company Quote

0.06 +5.26%
19 Dec 2014