June 23 (Reuters) - Bega Cheese Ltd (BGA)
- Announce a non-underwritten institutional share placement to raise approximately A$122.5 million
- SPP is expected to raise up to A$37.5 million and is not underwritten.
- Proceeds from institutional placement and spp will be used to improve Bega Cheese's financial flexibility to take advantage of future growth opportunities in dairy and food
- Offer of about 22.9 million new fully paid ordinary shares, about 15% of Bega Cheese's issued capital at issue price of A$5.35 per share
- New Bega Cheese shares issued under spp will rank equally with existing bega cheese shares
- To raise approximately A$160M via an institutional placement and share purchase plan
News: BGA Bega Cheese updates on institutional placement and share purchase plan
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Last
$5.24 |
Change
0.005(0.10%) |
Mkt cap ! $1.600B | |||
| Open | High | Low | Value | Volume |
| $5.26 | $5.27 | $5.23 | $231.5K | 44.12K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 1816 | $5.23 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.24 | 917 | 12 |
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| BGA (ASX) Chart |