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- Release Date: 09/10/13 10:38
- Summary: ALLOT: ABA: Allotment of Shares under Share Purchase Plan
- Price Sensitive: No
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ABA
09/10/2013 08:38
ALLOT
REL: 0838 HRS Abano Healthcare Group Limited
ALLOT: ABA: Allotment of Shares under Share Purchase Plan
Abano Healthcare Group Limited (NZX:ABA) last night completed the allotment
of new ordinary shares to shareholders under the Share Purchase Plan (SPP)
offer.
The company received strong support for the offer with participation from
2,095 eligible shareholders, representing well over 50% of all shareholders.
The SPP, to raise $9.25 million, was oversubscribed by over 250 percent and
applications were scaled back on a proportionate basis in accordance with the
terms of the SPP offer.
Abano has now completed its $18.5 million capital raising with the funds
received to be utilised in the continued growth of our dental and other
businesses.
ENDS
End CA:00242146 For:ABA Type:ALLOT Time:2013-10-09 08:38:54
