Brief: Ferrexpo Announces Successful Equity Fundraise Of US$100 Million
BRIEF-Ferrexpo Announces Successful Equity Fundraise Of US$100 Million Sept 4 (Reuters) - Ferrexpo PLC FXPO.L:
FERREXPO PLC - RESULTS OF FUNDRAISE
FERREXPO - ANNOUNCES SUCCESSFUL EQUITY FUNDRAISE OF NEW ORDINARY SHARES
FERREXPO - 269,309,091 NEW ORDINARY SHARES PLACED AT 16.5 PENCE PER SHARE
FERREXPO - SUSPENSION OF LISTING EXPECTED TO BE LIFTED AT 7.30 A.M. ON SEPTEMBER 7, 2026
FERREXPO - US$50 MILLION CORNERSTONE COMMITMENT FROM ANDRIY VEREVSKYI FOR 224,424,242 SHARES
FERREXPO - PLACEMENT AND SUBSCRIPTION RAISE US$100 MILLION FOR 448,848,484 NEW ORDINARY SHARES
FERREXPO - NEW ORDINARY SHARES REPRESENT 73.1% OF EXISTING ISSUED SHARE CAPITAL PRIOR TO FUNDRAISE
FERREXPO - ENHANCED LIQUIDITY POSITION HELPS RECOMMENCE EXPORTS TO EUROPEAN & INTERNATIONAL CUSTOMERS, RESTORE DEFERRED EXPENDITURE ACROSS OPERATIONS
FERREXPO: TODAY'S ANNOUNCEMENT ALSO ALLOWS GROUP'S SHARES TO RESUME TRADING ON LONDON STOCK EXCHANGE
Source text: ID:nRSD3712Ta
Further company coverage: FXPO.L