The Placement was oversubscribed at the price determined in the bookbuild of NZ$4.55 per share, resulting in Serko increasing the total size of the Placement to NZ$47.5 million.
The issue price in the Placement represents a 0.9% premium to the closing price on NZX on 30 September 2020 of NZ$4.51.
The Placement was well supported, attracting bids well in excess of the upsized NZ$47.5 million total offer amount.
To the above posters: yeah great call guys, well done. Unfortunately for you, the people with the money don't agree.
Ann: Placement, page-5
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