- Release Date: 07/03/14 10:30
- Summary: PLACE: WHS: WHS Placement Fully Subscribed
- Price Sensitive: No
- Download Document 1.32KB
WHS 07/03/2014 08:30 PLACE REL: 0830 HRS The Warehouse Group Limited PLACE: WHS: WHS Placement Fully Subscribed WHS Placement Fully Subscribed The Warehouse Group Limited (WHS) has received strong support from local and Australian investors in the private placement undertaken yesterday. Allocations were made to 15 institutions and a broad range of eligible NZ retail investors. The $100 million equity raising was placed at a price of $3.23 per share. The settlement date for the new shares is 13 March 2014. The placement was underwritten by Deutsche Craigs Limited. The Group CEO Mark Powell said, "It is pleasing to see the market has recognised the value of our move into financial services. Investors have signalled that they endorse our business strategy, and we are looking forward to extending the offer to eligible shareholders via the Share Purchase Plan." The Share Purchase Plan, which is expected to open on 24 March 2014, is seeking to raise $15 million from eligible WHS shareholders on the register as of the record date of 18 March 2014. For further information please contact: Investors and Analysts Stephen Small Chief Financial Officer Cellphone: +6421 714159 Media Mark Powell, Group CEO, to be contacted via Kim Russell Cellphone: +6421 452860 End CA:00247911 For:WHS Type:PLACE Time:2014-03-07 08:30:34
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Last
$1.43 |
Change
0.020(1.42%) |
Mkt cap ! n/a |
Open | High | Low | Value | Volume |
$1.43 | $1.45 | $1.40 | $220.0K | 154.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
0 | 5889 | $1.41 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.43 | 6644 | 0 |
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