Friday 4th July 2025 |
Text too small? |
TruScreen Group Limited (TruScreen or Company) (NZX: TRU , ASX: TRU) – Update on the Allocation of Share Purchase Plan (SPP) Shares
TruScreen advises the following in relation to the issue of shares under the Share Purchase Plan:
•As previously announced the SPP was oversubscribed (in excess of the Company's 10% SPP capacity), with the oversubscribed share entitlements subject to shareholder approval at the Special Meeting to be held on 15 July 2025.
•An administrative error occurred during the allotment of the SPP securities, whereby shareholders who applied for shares were notified that they had been issued the full entitlement of shares rather than their pro-rata entitlement.
•The administrative error has now been corrected. Each investor in the SPP is now recorded as having been issued the correct pro-rata entitlement within the company’s available 10% capacity, and each shareholder will be issued the remaining number of shares that they applied for (if any) following the special meeting (subject to shareholder approval). All monies received by the Company which have not been applied to the issue of shares from the oversubscription are being held in trust by the Company's share registrar, in accordance with the terms of the SPP offer document.
•The lodged 30 June 2025 Capital Change Notice in relation to the SPP is correct. The total number of TruScreen securities on issue is currently 691,068,945.
You may check your allocation in the usual way with the share register or your custodian.
This announcement has been approved by the Board for release to the NZX and ASX.
No comments yet
CDC Independent Valuation - 30 June 2025
THL provides updated guidance
CEN - Greymouth gas deal
July 4th Morning Report
July 3rd Morning Report
ikeGPS Chief Financial Officer Transition
TWL - TradeWindow announces strategic partnership with FTA
BLT - Patent issue settled and new 5 year agreement with BSP
July 2nd Morning Report
July 1st Morning Report