Australia's EBOS Group falls on shortfall of capital raising

EBOS

11/04/2025 02:19

** Shares of EBOS Group EBO.AX fall 4.5% to A$33.94, hitting their lowest level since March 25

** Medical products distributor completed placement raising NZ$217 mln ($125.10 mln) at NZ$36.65 per share

** Raised amount falls short of initial placement amount of NZ$272 mln

** Stock fell as much as 4.8% to A$33.820 earlier in the day

** Stock down 0.1% YTD, including the day's moves

($1 = 1.7346 New Zealand dollars)

(Reporting by Shivangi Lahiri in Bengaluru)

((shivangi.lahiri@thomsonreuters.com))