DRO 1.92% $1.28 droneshield limited

Ann: Trading Halt, page-173

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 348 Posts.
    lightbulb Created with Sketch. 30
    Shaw and Partners is pleased to be appointed as Joint Lead Manager to the proposed capital raising by DroneShield (ASX.DRO).DroneShield is proposing to raise up to approximately A$120 million by way of a single tranche Placement comprising the issue of up to approximately 104.3 million new fully paid ordinary shares issued at $1.15. The offer price of $1.15 represents a 17.3% discount to last close of A$1.39 and a 18.9% discount to 5-day VWAP of A$1.417. Funds will be utilised on DroneShield’s technology development plans and on strategic bolt-on acquisitions.The offer is available to Australian Sophisticated and Professional Investors only. For more information, please contact your Shaw and Partners Adviser.
 
watchlist Created with Sketch. Add DRO (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.