SIV siv capital limited

News: SIV Silver Chef to undertake accelerated 1 for 12 pro rata non-renounceable entitlement offer

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    March 21 (Reuters) - Silver Chef Ltd (SIV) :

    • intends to undertake an accelerated 1 for 12 pro rata non-renounceable entitlement offer of fully paid ordinary shares in silver chef to raise $21 million
    • offer price of $7.00 per new share
    • funds raised will be used to support silver chef's ongoing growth in its rental asset base and ensure an appropriate mix of funding sources
    • Full year net profit after tax guidance maintained in the range of $21 million- $23 million

 
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