ASX-listed Kleos Space SA falls on discounted placement

Kleos Space SA

31/01/2023 03:20

** Shares of Kleos Space SA  KSS.AX  fall as much as 4.6% to
A$0.21, their worst day since Jan. 24
    ** Defence & intelligence tech company says it has secured
A$3 mln ($2.11 mln) through placement of 15 mln new crest
depository interests
    ** Placement price of A$0.20 represents a 9% discount to the
last close on Jan. 25
    ** Stock up 10% this year, as of last close
($1 = 1.4198 Australian dollars)
 (Reporting by Poonam Behura in Bengaluru)
 ((Poonam.Behura@thomsonreuters.com;))