Brief: Abacus Property Group Says Completion Of Fully Underwritten Institutional Placement Via Issue Of About 59.2 Mln New Stapled Securities

Abacus

18/03/2022 01:13

March 18 (Reuters) - Abacus Property Group  ABP.AX :
    * COMPLETION OF FULLY UNDERWRITTEN INSTITUTIONAL PLACEMENT
VIA
ISSUE OF ABOUT 59.2 MILLION NEW STAPLED SECURITIES
    * PROCEEDS WILL BE USED TO REPLENISH INVESTMENT CAPACITY FOR
CONTINUED DEPLOYMENT INTO ACQUISITIONS, AMONG OTHERS
    * INTENDS TO UNDERTAKE A NON-UNDERWRITTEN SECURITY PURCHASE
PLAN,
EXPECTED TO RAISE UP TO A$15 MILLION

Source text for Eikon:  ID:nASX7r23s6 
Further company coverage:  ABP.AX 

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