gold stocks postpage LB desk

Bapcor Opens SPP for Eligible Shareholders Post Completing Institutional Placement

  • April 26, 2020 10:03 AM AEST
  • Team Kalkine

Bapcor Limited (ASX:BAP) has opened the Share Purchase Plan (or SPP) announced by the Company on 16 April 2020.

non AMP MTF 10th feb webinar

  • The SPP, which is now open for applications from eligible shareholders, follows BAP’s successfully placement to institutional investors for $180 million at face value of $4.40 apiece; and,
  • Under the SPP, eligible shareholders can apply for up to $30,000 of new fully paid ordinary shares.
  • The Company also suggested that the issue price under SPP would be less than the placement price and would also mark a 2 per cent discount on 5-day VWAP of Bapcor shares up to the SPP closing date.


The website is a service of Kalkine Media Pty. Ltd. (Kalkine Media) A.C.N. 629 651 672. The principal purpose of the content on this website is to provide factual information only and does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stock of the company (or companies) or engage in any investment activity under discussion. We are neither licensed nor qualified to provide investment advice through this platform. In providing you with the content on this website, we have not considered your objectives, financial situation or needs. You should make your own enquiries and obtain your own independent advice prior to making any financial decisions.
Some of the images that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed on this website unless stated otherwise. The images that may be used on this website are taken from various sources on the web and are believed to be in public domain. We have used reasonable efforts to accredit the source (public domain/CC0 status) to where it was found and indicated it below the image. The information provided on the website is in good faith, however Kalkine Media does not make any representation or warranty regarding the content, accuracy, or use of the content on the website.


We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK