Australia's Maggie Beer falls on discounted placement

Maggie Beer Holdings

22/10/2025 04:55

** Shares of Maggie Beer Holdings MBH.AX fall as much as 3% to A$0.064, their lowest level since October 15

** Premium food seller enters into agreement to make a placement of A$3 million ($1.95 million) to Frisden Pty

** Issue price of A$0.056 represents a discount of 15.2% to the stock's last close

    ** Stock up 19% YTD, including the session's moves

($1 = 1.5389 Australian dollars)

(Reporting by Anjali Singh in Bengaluru)

((anjali.singh2@thomsonreuters.com; ))