GEO - Renounceable Rights Offer and Warrant Issue

As per its announcement of 10 March 2023, Geo Limited (“GEO”) is undertaking a 1 for 4 Pro Rata Renounceable Rights Issue. In addition, 1 warrant will be issued for every 5 New Shares allotted under the Rights Issue. Capitalised terms in this memorandum are defined in GEO’s offer documentation.

Under the Offer, Eligible Shareholders are being invited to subscribe for New Shares, at an Offer Price of $0.033 per share. Shareholders who subscribe for New Shares under the Offer, will then be allocated 1 Warrant (“GEOWB”) per 5 New Shares subscribed. A Warrant may be exercised in the future to receive a Share in GEO of the same class as already quoted on the NZX Main Board.

The rights (“GEORC”) and GEOWB Warrants will not be quoted on the NZX main board. As such, an NZX quotation notice will not be released for either security.

A timetable of events is attached.

Please contact NZX Product Operations on +64 4 496 2853 or productoperations@nzx.com with any queries.

ENDS

 GEO - Renounceable Rights Offer and Warrant Issue

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:

TGG - Response to media speculation
ARB - Annual Meeting Date and Director Nominations
CNU - Q4 FY25 Connections Update
MOVE FY25 Results and Investor Briefing 29 August 2025
RYM - First quarter trading update
July 11th Morning Report
IKE Announces equity raising of A$20 million
Chorus full year results date
FPH 2025 Notice of Annual Meeting and Voting Form
July 10th Morning Report