Shaw and Partners appointed as Joint Lead Manager to an equity capital raising by Retail Food Group News11 Oct 2019

Shaw and Partners is pleased to be appointed as Joint Lead Manager to the equity capital raising by Retail Food Group (ASX: RFG)


RFG is undertaking a conditional institutional placement of new securities to raise approximately $150 million. The placement is conditional on shareholder approval which will be sought at a General Meeting to be held around 19 November 2019.


RFG will also undertake a Security Purchase Plan (“SPP”) to provide eligible security holders in Australia with the opportunity to participate in subscribing for up to a maximum of $30,000 of additional new securities.


The offer price of $0.10 per security represents a 41.2% discount to the last traded price, a 42.0% discount to the 5-day VWAP and a 43.3% discount to the 15-dayVWAP.


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


For more information please contact your Shaw and Partners adviser.


About Retail Food Group

RFG is a global food and beverage company headquartered in Queensland, Australia. It is Australia’s largest multi-brand retail food franchise owner, a roaster and supplier of high-quality coffee products and an emerging leader in the foodservice, dairy processing and wholesale bakery sectors. The Company’s business is underpinned by four strategic growth drivers: Franchise, International, Coffee and Allied Beverage, and Commercial. Today, RFG’s network spans over 2,400 outlets across Australia and internationally and employs over 15,000 employees who make significant contributions to their local communities.

Related Articles
News24 Feb 2020 Shaw and Partners Race Team Member Danielle McKenzie wins the 2020 Investec Bridge to Beach
On Sunday 23 February, the 2019/20 Australian Ocean Racing Series (AORS) concluded the season in Sydney with the Investec Bridge to Beach race. For the fourth year running, Shaw an... Read More
News18 Feb 2020 EFG Global Sport Ambassador Tiffany Chan visits the Shaw and Partners office in Adelaide.
Shaw and Partners was delighted to have professional golfer Tiffany Chan visit our Adelaide office last Friday.    Tiffany is Global Sport Ambassador of our parent company EFG In... Read More
News17 Feb 2020 Shaw and Partners appointed Co-Manager to the NAB Capital Notes 4 offer
National Australia Bank Limited (NAB) today announced its intention to raise $750 million through the offer of NAB Capital Notes 4, with the ability to raise more or less.   Shaw... Read More
News17 Feb 2020 Matt Bevilacqua and Brielle Cooper win the second edition of the Shaw and Partners Shannon Eckstein Ironman Classic
Over the weekend, the second edition of the Shaw and Partners Shannon Eckstein Ironman Classic took place at BMD Northcliffe Surf Life Saving Club on the Gold Coast, showcasing one... Read More
A - Z  % Change  
{{data.Symbol}} {{data.CompanyName}} {{data.Close}} {{data.AsAt | date :'shortTime'}} {{data.Movement | number : 2}} {{data.MovementPercent | number: 2}}%