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oOh!media Completes its Retail Entitlement Offer

  • April 21, 2020 01:15 PM AEST
  • Team Kalkine

oOh!media Limited (ASX:OML) has announced completion of the retail part of its Entitlement Offer of fully paid ordinary shares successfully in OML today.

Gold MTF non-AMP

About 26 million shares will be issued at $0.53 per OML share to raise approximately $14 million under the Retail Entitlement Offer. The offer closed on 16 April and was supported by eligible retail shareholders with valid applications received summing up to about $10 million suggesting a take up rate of about 73%.

New OML shares will be issued under the Retail Entitlement Offer on 23 April 2020 with an expectation of trading to begin on 24 April 2020.

 


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