Brief: Arvida Group Announces Completion Of Its NZ$175 Mln Rights Offer
10/11/2021 01:16
Nov 10 (Reuters) - Arvida Group Ltd ARV.NZ :
* SUCCESSFUL COMPLETION OF ITS NZ$175 MILLION FULLY
UNDERWRITTEN 1
FOR 6.57 PRO RATA RENOUNCEABLE RIGHTS OFFER
* NEW SHARES WILL BE ISSUED AT A PRICE OF NZ$1.85 PER SHARE
* RIGHTS OFFER RECEIVED STRONG SHAREHOLDER SUPPORT WITH
NZ$131
MILLION OF APPLICATIONS FROM ELIGIBLE SHAREHOLDERS
Source text for Eikon: ID:nGLF59vghR
Further company coverage: ARV.NZ
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