Salvus now extends its offer

This extension follows on from the announcement made by Salvus on Friday that it had received applications for in excess of the minimum offer size of $20 million and that the offer would be proceeding.

Salvus says in a statement that it has received commitments from a range of New Zealand and United Kingdom institutions, NZX Primary Market Participants and applications from investors via the public pool.

The company says that there had been considerable investor interest in the company and its strategy of investing in the burgeoning smaller company sector in New Zealand.

The extension is being made in order to accommodate renewed broker and investor interest in Salvus as a result of the minimum subscription level being reached.

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