Brief: Allegra orthopaedics to issue up to 9.8 mln ordinary shares

Allegra Medical Technologies

09/03/2017 22:39

March 10 (Reuters) -    Allegra Orthopaedics Ltd  AMT.AX : 
    *  Will issue up to 9.8 million ordinary shares in capital 
of the co (new shares) at an issue price of $0.125 (12.5 cents) 
per share 
    * New shares will be offered to eligible shareholders on 
basis of two new shares for every fifteen fully paid ordinary 
shares held 
    * Offer issue price of $0.125 (12.5 cents) per new share 
represents a 51.9% discount 
    * If fully subscribed, the offer will raise up to 
approximately $1.2 million before transaction costs 
 
 
     
    Source text for Eikon:  ID:nASX1K0FmN  
    Further company coverage:  AMT.AX  
 
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