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
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}}%