SkyCity Entertainment Group Limited (NZX:SKC) has opened its fully underwritten NZ$50 million SPP (Share Purchase Plan), which is a part of its NZ$230 million equity raising announced on 17 June 2020.
- The SPP offer with a size of NZ$50 million has been set to match the proportion of the company’s shares owned by non-institutional investors;
- Under the SPP, eligible existing SKC shareholders with a registered address in NZ or Australia can each subscribe for up to NZ$50,000/A$47,000 worth of new shares.
The website has been prepared for informational purposes only and is not intended to be used as a complete source of information on any particular company. The above article is NOT a solicitation or recommendation to buy, sell or hold the stock of the company (or companies) under discussion. Kalkine does not in any way endorse or recommend individuals, products or services that may be discussed on this site.