MCE 0.00% 29.0¢ matrix composites & engineering limited

March 1 (Reuters) - Matrix Composites & Engineering Ltd (MCE) :...

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    March 1 (Reuters) - Matrix Composites & Engineering Ltd (MCE) :

    • ANNOUNCES A$20.2 MILLION EQUITY RAISING
    • 1 FOR 2.95 PRO-RATA ACCELERATED NON-RENOUNCEABLE ENTITLEMENT OFFER TO RAISE ABOUT A$13.9 MILLION
    • NEW SHARES OFFERED UNDER ENTITLEMENT OFFER WILL BE ISSUED AT PRICE OF A$0.28 PER NEW SHARE
    • REVENUE IS EXPECTED TO SUBSTANTIALLY INCREASE TO AT LEAST A$33.5 MILLION FOR SECOND HALF FY23
 
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