Brief: Rural Funds Group Announces Equity Raising

Rural Funds

08/07/2021 02:43

July 8 (Reuters) - Rural Funds Group  RFF.AX :
    * $100 MILLION EQUITY RAISING
    * EQUITY RAISING VIA FULLY UNDERWRITTEN 1 FOR 8.4
ACCELERATED PRO
RATA NON-RENOUNCEABLE ENTITLEMENT OFFER
    * PURPOSE OF EQUITY RAISING TO PROVIDE CAPITAL FOR
ACQUISITION OF
UP TO 8,338 ML OF WATER ENTITLEMENTS FOR $38.4 MILLION, AMONG
OTHERS
    * RAISING FOR DEVELOPMENT OF 1,000 HA OF MACADAMIA ORCHARD,
ACQUISITION OF CATTLE PROPERTIES & UP TO 8,338 ML OF WATER
ENTITLEMENTS

Source text for Eikon:  ID:nASX5YXX9w 
Further company coverage:  RFF.AX 

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