HST 0.00% 16.0¢ hastie group limited

another trading halt, page-10

  1. 1,126 Posts.
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    The short answer is yes, and for every share you own you get to buy 2.85 more at 14c. As always this isn't professional advice - get professional advice if unsure.

    Retail will participate in:

    a 2.85 for 1 accelerated renounceable entitlement offer (?Entitlement Offer?) to raise approximately
    $110.0 million at an issue price of $0.14 per new share; and

    They should also be able to participate in(if approved by shareholders):

    Subject to the Conditional Placement being approved by shareholders, Hastie Group will also offer a share
    purchase plan to eligible shareholders to raise up to a further $10.0 million at an issue price of $0.14 per new
    share.
 
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Currently unlisted public company.

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