EOS electro optic systems holdings limited
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News: EOS Electro Optic Systems Gets Binding Commitments To Raise A$15 Mln

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    29/06/22
    14:15
    Post #: 62273599

    June 29 (Reuters) - Electro Optic Systems Holdings Ltd (EOS) :

    • SUCCESSFUL A$15 MILLION PLACEMENT AND LAUNCH OF SPP
    • INSTITUTIONAL PLACEMENT TO RAISE A$15 MILLION AT A$1.20 PER NEW SHARE
    • SEES FY22 REVENUE TO BE EQUAL TO OR EXCEED FY21
    • SEES 1H FY22 EBIT LOSS OF ABOUT A$45M (UNAUDITED)
    • 1H REVENUE IMPACTED DUE TO TWO CONTRACT DELAYS, FEDERAL ELECTION IN MAY IMPACTING NEW PROJECTS
    • CO WILL OFFER A SHARE PURCHASE PLAN TO RAISE UP TO A$2 MILLION
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