NVA 3.33% 14.5¢ nova minerals limited

Ann: Share Purchase Plan Closes 200% Oversubscribed, page-10

  1. 455 Posts.
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    I'm confused - is the SPP being increased or scaled back? Will they refund the the over-subscribed ~2M to people who holders who didn't make the cut?

    Given the overwhelming demand from existing shareholders, the Companyresolved to increase the size of the SPP and to scale back on a best aspossible equal basis across all eligible shareholder applicants.


    In light of the above raised amount and demand, the company howeverfound it necessary to scale back a portion of the SPP...

 
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