Brief: Develop Global Announces Completion Of A$30 Million Share Placement
05/07/2023 24:33
July 5 (Reuters) - Develop Global Ltd DVP.AX :
* COMPLETION OF ITS A$30 MILLION SHARE PLACEMENT
* COMPLETION OF A$10.9 MILLION INSTITUTIONAL COMPONENT OF
1-FOR-29
PRO-RATA ACCELERATED NON-RENOUNCEABLE ENTITLEMENT OFFER
* SHARES ISSUED UNDER PLACEMENT AND ENTITLEMENT OFFER ARE
PRICED
AT A$3.20 PER SHARE
* WILL RAISE A$9.1 MILLION FROM FULLY UNDERWRITTEN RETAIL
COMPONENT OF ENTITLEMENT OFFER, WHICH OPENS ON 10 JULY
Source text for Eikon: ID:nASXJXlLc
Further company coverage: DVP.AX
((Reuters.Briefs@thomsonreuters.com;))
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