Sydney, Oct 14, 2009 (ABN Newswire) - iSOFT Group Limited (ASX:ISF) Australia's largest listed health information technology company today announced it raised A$12.9 million under the Share Purchase Plan (SPP), which closed on 6 October.
The new shares will be allotted to shareholders on 15 October at A$0.7733 each. The shares were offered to eligible shareholders that took part in the SPP at a 5% discount to the volume-weighted average price of A$0.8140 for the five days up to and including 6 October. New shares numbering 16,634,270 will be issued under the SPP, increasing iSOFT's total issued capital to 1,032,419,959.
Was this raising an epic failure? only 12.9 mill???
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