PUA Ann Pure Alumina Limited (ASX: PUA) is pleased to announce that the Share Purchase Plan (SPP) announced on the 23rd of April has been well supported by Eligible Shareholders. A total of 38,913,244 SPP shares have been issued today to Eligible Shareholders.
The SPP, which was partially underwritten by Patersons Securities Limited and CPS Capital Group Pty Ltd (together the Joint Underwriters), closed on the 27th of May with $1.346 million being raised. As this is in excess of the underwritten amount, the underwriters have expressed an interest in exercising their right to take up a “top up” placement of up to $500,000. A final decision on the top-up facility is expected by early next week.
