RAIZ IPO

  1. 99 Posts.
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    New IPO from Bell Potter.

    Any one know what the demand has been for this IPO.

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    0 Overview
    1 Issuer
    Raiz Invest  Limited – Indicative ASX Code: RZI (“Raiz” or the “Company”)
    2 Transaction
    Initial Public Offering (the “IPO” or the “Offer”) to raise $15.12million
    · 8,400,000 New Shares offered for issue by Raiz.
    3 Lead Manager, Bookrunner & Underwriter
    Lead Manager, Book-runner and Underwriter: Bell Potter Securities Limited (“Bell Potter”)
    4 Offer Statistics
    Column 1
    0 Key Offer Statistics

    Offer Price
    $1.80

    New Shares available under the Offer
    8,400,000

    Gross proceeds from the Offer
    $15,120,000.00

    Total Number of existing Shares on issue prior to Completion of the Offer
    57,829,988

    Total Shares on completion of the Offer1
    66,229,988

    Indicative Market Capitalisation2
    $119,213,978.00

    Total Number of Options on issue pursuant to the LTEIP3
    2,090,000

    Total number of Management Options on Issue pursuant to the Historical Option Plan4
    4,379,550

    1A number of the Shares on issue following Completion of the Offer will be subject to mandatory and voluntary escrow restrictions. 2 Calculated as the total number of Shares on issue on Completion of the Offer multiplied by the Offer Price. The Shares may not trade at the Offer Price after Listing. If the Shares trade below the Offer Price after Listing, then the market capitalisation may be lower3 There are 2,090.000 Options granted to key management personnel of the Company pursuant to the Company’s LTEIP. 8 There are 4,379,550 Management Options on issue in the Company to key management personnel pursuant to the Company’s Historical Option Plan [/table]
 
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