- Rights Offer Document 2mb pdf
Rights Offer Document
Arvida Group Limited (NZX:ARV) has provided a copy of the rights offer document, for the rights offer which will open on Wednesday, 27 October 2021.
The approximately $175 million capital raise is by way of a fully underwritten pro rata 1 for 6.57 renounceable rights issue at $1.85 per new share, and shortfall bookbuild, that was announced to the market on 15 October 2021.
Eligible Shareholders will have until 5.00 pm (NZ Time) on 8 November 2021 to subscribe for new shares.
Applications can be made from 27 October 2021 (together with payment) online at www.shareoffer.co.nz/arvida.
The rights will not be tradeable on the NZX Main Board. Instead, any rights not taken up, or attributable to ineligible shareholders, will be offered to investors through a bookbuild process.
- ENDS -
Latest NZX releases
08 Dec 2023
Arvida today announced that Jonathan Ash, General Manager Development, has decided to resign and will leave the business...
06 Dec 2023
Please see attached a Substantial Product Holder notice for Milford Asset Management in Arvida Group Limited ("ARV")
28 Nov 2023
FINANCIAL RESULTS FOR THE HALF YEAR ENDED 30 SEPTEMBER 2023 • Reported (IFRS) profit after tax of $90.0m, up 1% on 1H23...
10 Nov 2023
Please see attached a Substantial Product Holder notice for Forsyth Barr Investment Management Limited in Arvida Group L...