Brief: Marley Spoon Says Launch Of A$22.8M Entitlement Offer

Marley Spoon SE

24/11/2022 01:28

Nov 24 (Reuters) - Marley Spoon AG  MMM.AX :
    * LAUNCH OF A$22.8M ENTITLEMENT OFFER
    * OFFER AT FIXED ISSUE PRICE OF A$0.165 PER CDI
    * FOLLOWING OFFER, PRO FORMA NET DEBT REDUCES BY AT LEAST
UNDERWRITTEN AMOUNT OF A$14.6 MILLION
    * EXPECTED TO REMAIN IN TRADING HALT UNTIL START OF TRADING
ON NOV
28
    * OFFER UNDERTAKEN TO PROVIDE ADDITIONAL WORKING CAPITAL TO
CONTINUE TO FUND OPERATIONS, AMONG OTHERS
    * ENTITLEMENT OFFER VIA ISSUE OF ABOUT 138.4 MILLION CHESS
DEPOSITARY INTERESTS OVER FULLY PAID ORDINARY SHARES

Source text for Eikon:  ID:nASX3wPDwy 
Further company coverage:  MMM.AX 
 ((Reuters.Briefs@thomsonreuters.com;))