June 1 (Reuters) - Vicinity Centres (VCX) :
- ANNOUNCED A FULLY UNDERWRITTEN INSTITUTIONAL PLACEMENT TO RAISE $1,200 MILLION
- DETERMINED NOT TO PAY ANY DISTRIBUTION FOR SIX MONTHS ENDING 30 JUNE
- ANNOUNCED NON-UNDERWRITTEN SECURITY PURCHASE PLAN TO RAISE UP TO A FURTHER $200 MILLION
- VICINITY CENTRES SEES RENT RECEIPTS TO IMPROVE AS STORES RE-OPEN, FOOT TRAFFIC INCREASES, LEASE NEGOTIATIONS ARE COMPLETED
- REDUCING DIRECTORS' FEES, EXECUTIVE COMMITTEE SALARIES FROM 1 APRIL TO 30 JUNE TO CUT COSTS
- CANCELLING FY20 SHORT TERM INCENTIVE PROGRAM
- SECURITIES ISSUED UNDER PLACEMENT WILL BE ISSUED AT A FIXED ISSUE PRICE OF $1.48 PER SECURITY
- GANDEL GROUP COMMITTED TO SUBSCRIBE FOR ADDITIONAL $100 MILLION OF NEW SECURITIES IN PLACEMENT
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Last
$2.50 |
Change
-0.005(0.20%) |
Mkt cap ! $11.38B | |||
| Open | High | Low | Value | Volume |
| $2.48 | $2.50 | $2.48 | $1.452M | 582.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 28 | 126777 | $2.49 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.50 | 100320 | 47 |
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