Check announcement
MEO’s board of directors considered offering existing MEO shareholders the opportunity to participate on the same basis as the Institutional and Sophisticated Investors through a Share Purchase Plan (“SPP”), however the funds raised through the placement have satisfied immediate capital requirements ahead of finalising the farm-in.
The trading halt in place since Tuesday 17th November will be lifted from the commencement of trading today.
Jürgen Hendrich
Managing Director & Chief Executive Officer
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