Investore Share Purchase Plan Closes Oversubscribed

Investore Property Limited (Investore) announced today that its $15 million share purchase plan has closed oversubscribed. 

The share purchase plan received strong shareholder support with Investore receiving applications totalling $31.3 million, exceeding the offer size of $15 million. Investore has elected to accept additional applications of $5 million, bringing the total amount accepted under the share purchase plan to $20 million. Applications will be scaled by reference to the number of Investore shares held as at 5pm on the record date (28 April 2020). Surplus application amounts will be refunded in accordance with the terms of the share purchase plan offer document dated 5 May 2020.

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:

March 6th Morning Report
PEB - First Triage Plus Tests Ordered from Townsville
March 5th Morning Report
Devon Funds Morning Note - 04 March 2026
Genesis Energy announces opening of Rights Offer
March 4th Morning Report
Comvita appoints Andrea Wilkins as Chief Marketing Officer
Synlait provides banking facilities update
CHI - Channel Infrastructure delivers solid FY25 financial result
February 27th Morning Report