Hi,
Is anyone else aware of the below?
Does anyone have any info of why this would or would not apply to GMV?
On 31 March 2020 ASIC and ASX announced temporary emergency capital raising relief to help facilitate capital raisings. The relief allows issuers to selectively issue 25% of new shares (previously 15%) provided that they make an entitlement offer or SPP as a follow-on to the placement at the same or lower price. The regime expires on 31 July 2020 unless the ASX determines to remove or extend the relief.
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- Ann: Completion of oversubscribed capital raise
Ann: Completion of oversubscribed capital raise, page-33
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