Shaw and Partners appointed as Lead Manager to the equity capital raising by Carbonxt Group News28 Oct 2019

Shaw and Partners is pleased to be appointed as Lead Manager to the equity capital raising by Carbonxt Group (ASX.CG1).

 

CG1 is undertaking a Conditional and Unconditional placement of new securities to raise up to approximately $4.0 million. The offer price of $0.36 per security represents a 13.3% discount to last close of $0.415 and a 11.2% discount to 10-day VWAP.

 

New securities issued under the Unconditional Placement will be issued under the Company’s current placement capacity. New securities issued under the Conditional Placement will be issued subject to shareholder approval, which will be sought at a General Meeting expected to be held in early December 2019.

 

Following completion of the placement Carbonxt also intends to offer existing eligible security holders the opportunity to participate in a Share Purchase Plan capped at $1.0 million.

 

The offer is available to Australian resident Sophisticated and Professional Investor clients only.

 

For more information about the offer please contact your Shaw and Partners Adviser.

 

Related Articles
News22 Jan 2020 Shaw and Partners brand ambassador Kendrick Louis crowned Nutri-Grain IronMan Series Champion
Shaw and Partners extends its congratulations to Shaw and Partners brand ambassador Kendrick Louis, who took out the title of 2019/2020 Nutri-Grain IronMan Series Champion over the... Read More
News21 Jan 2020 Shaw and Partners hires ECM operative from Petra Capital
Stockbroking and wealth management firm Shaw and Partners has poached a former Petra Capital managing director as its new head of capital markets.   It is understood Conrad Ander... Read More
News21 Jan 2020 Shaw and Partners Shannon Eckstein Ironman Classic 2020
For the second year running, Shaw and Partners is excited to partner with Australian Surf Life Saving Ironman Champion, Shannon Eckstein, as the major presenting partner and headli... Read More
News14 Jan 2020 Shaw and Partners appointed as Sole Lead Manager to the proposed capital raising by Wisr Limited.
Shaw and Partners is pleased to be appointed as Sole Lead Manager to the proposed capital raising by Wisr Limited (ASX.WZR).   The Company is proposing to raise up to approximate... Read More
A - Z  % Change  
{{data.Symbol}} {{data.CompanyName}} {{data.Close}} {{data.AsAt | date :'shortTime'}} {{data.Movement | number : 2}} {{data.MovementPercent | number: 2}}%