DTE dart energy limited

oversubscribed - all got their share!

  1. 3,444 Posts.
    lightbulb Created with Sketch. 138
    Just out!
    Extract from ANN:

    The Company advises that the Entitlement Offer has seen applications for shares including entitlements and additional share applications of approximately $23.3 million resulting in oversubscriptions of approximately $14 million. The Company has received applications from almost 5,000 shareholders for approximately 80 million entitlement shares ($7.2 million) under the Offer and applications from over 2,500 shareholders for additional shares of approximately 180 million ($16.1 million) under the shortfall facility that was available under the terms of the Entitlement Offer.
    All shareholders who had submitted valid applications by the closing of the Entitlement Offer will receive their full pro-rata entitlement under the Entitlement Offer. Any late applications will be returned in full.

    Cheers
 
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