Plexure Group Limited (NZX: PX1) NZ$5 Million Share Purchase Plan Closes

Plexure Group Limited is pleased to announce that its NZ$5 million share purchase plan (SPP) has closed and was oversubscribed. The SPP received strong shareholder support with Plexure receiving applications exceeding the offer size of NZ$5 million.

The SPP forms part of the approximately NZ$37 million capital raising announced on 11 November 2020.

The SPP was offered to all eligible existing Plexure shareholders with a registered address in New Zealand, under which each eligible shareholder could apply for up to NZ$50,000 worth of new shares. The issue price under the SPP will be NZ$1.20, the same price paid by investors in Plexure’s recent placement.

See the links below for more details:

ASX Appendix 2A

Announcement re closure SPP

Source: Plexure Group Limited

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:

NZME 2025 Full Year Results Release Date
Turners Institutional Investor Day
February 10th Morning Report
PEB - Medicare Contractor Novitas Schedules Expert Panel
NZK Enters Into Wellboat Lease Agreement
Fonterra announces Mainland Group leadership change
OCA - Oceania announces Director changes as part of Board refresh
AIA - Analyst and media webcast for FY26 interim results
The Warehouse Group confirms leaner operating structure
SML - Synlait provides half year performance update