News: AUB AUB Says To Undertake Non-Underwritten Share Purchase Plan Targeting Proceeds Of Up To..., page-2

Something like 4,200 shareholders could put their hands up SPP stock. Meaning, in theory, ~$6,000 available per shareholder.

However, in the SPP in FY2023, which sought to only $15m, only some 1,900 shareholders participated with a $19,400, so applications totally ~$37m, so there was a scale back for shareholders with small shareholdings if their applications were meaty.

But this time the SPP target has been raised to $25m, so while there will almost certainly again be a scale back with this SPP (and today's positive update from SDF will do nothing to discourage AUB shareholders from participating in it), the scaleback is unlikely to have to be as harsh as the previous one.

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