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

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