Wagners Announces Completion of Allotment for Entitlement Offer

  • Nov 22, 2019 AEDT
  • Team Kalkine

Wagners Holding Company Limited (ASX: WGN) reported that the allotment of shares was completed related to the entitlement offer, which was closed on 15 November 2019.

  • The offer carried one for every 6.25 existing shares held at the record date.
  • The offer was conducted at an issue price of $1.55 per share.
  • WGN confirmed that ~25.82 million shares were issued, raising ~$40.23 million (before costs).

By 1:52 PM AEST, WGN quoted $2.24, down by 3.4% relative to the previous close.

 

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