ENS - Increase in Datagate investment

AUCKLAND, 23 November 2022 - Enprise Group (NZX: ENS ) has paid NZ$259,308 to participate in a Datagate Innovation rights issue.

Enprise Group participated in an over-subscribed NZ$500,000 capital raise for Datagate, which raised NZ$750,000. Datagate also converted the notes from December 2021 resulting in Enprise receiving 237,472 shares. Datagate is a cloud telecommunications billing solution for managed service providers (MSPs).

Enprise Group’s share of Datagate is now 32.03%. If Enprise Group’s 2,340,479 shares in Datagate were valued at the November 2022 rights issue price of $2.80 per share, the value of the investment would be $6,553,341.

•  Increase in Datagate - Nov 2022

Comments from our readers

No comments yet

Add your comment:

Your name:
Your email:	Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Anti-spam verification:

Type the text you see in the image into the field below. You are asked to do this in order to verify that this enquiry is not being performed by an automated process.

Related News:

December 10th Morning Report
CDI APPOINTS JULIAN SMITH AS INDEPENDENT DIRECTOR
EROAD director Cameron Kinloch to step down in March 2026
RUA - Pro Rata Rights Offer
December 8th Morning Report
GEN - Dividend Reinvestment Plan Strike Price
Fletcher Building Update on Funding Facilities
December 5th Morning Report
Pacific Edge Names Simon Flood Chairman Designate
Fonterra provides FY26 Q1 business update