Announcement
OFFER: PEB: Pacific Edge Closes Rights Offer
10:45am
PEB
12/12/2019 10:45
OFFER
NOT PRICE SENSITIVE
REL: 1045 HRS Pacific Edge Limited
OFFER: PEB: Pacific Edge Closes Rights Offer
Pacific Edge Limited ("Pacific Edge") advises that it has successfully
completed its underwritten 1 for 4.25 pro-rata renounceable rights issue
("Offer"). The Offer was announced on 21 November 2019 and will raise
approximately NZ$20 million.
The shares taken up under the Offer are expected to be allotted and commence
trading on 18 December 2019.
The Offer was fully underwritten by Forsyth Barr Group Limited and Jarden
Partners Limited (together the "Underwriters"). In accordance with the terms
of the Underwriting Agreement between Pacific Edge and the Underwriters dated
21 November 2019, the 14.99% under subscription will be taken up in full by
the Underwriters and sub-underwriters.
- ENDS -
End CA:00345878 For:PEB Type:OFFER Time:2019-12-12 10:45:56
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