Select Harvests Completed Institutional Placement And Institutional Entitlement Offer

Select Harvests Limited (ASX:SHV) has completed institutional placement and institutional portion of its 1 for 6.3 fully underwritten pro-rata accelerated non-renounceable entitlement offer.

Through the Institutional Offer, the company raised ~A$81.7 million and through Institutional Entitlement Offer it raised A$41.5 million. The Placement received a strong support from existing institutional shareholders and new investors.

Through Retail Entitlement Offer, the Company expects to raise ~A$38.3 million.

 

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