Wynyard completes capital raising

TOM PULLAR-STRECKER
Last updated 09:36 14/03/2014

Relevant offers

Industries

MBIE warning for licensed building practitioners Molly Malone’s rent arrears claim in Wellington High Court Spark predicts Super Rugby final will smash data use record Two new housing areas in south Auckland to provide 1800 homes Pumpkin Patch gets new chief, warns of lower earnings BullionBuyer gold trader sentenced to prison Wellington-based Open Polytechnic to sell its online education platform iQualify Roam drives hard for success Kiwi leaders sleep rough for Big Sleepout Briscoe's Rod Duke: the man who would own Kathmandu

Trading in Wynyard shares will resume on the NZX at 10am today after the software firm completed its $30 million capital-raising.

The company said it successfully placed 11.1 million new shares to institutional and qualified investors in New Zealand, Australia and Britain at $2.70 per share.

It will raise a further $5m from eligible New Zealand-registered shareholders by offering them up to $15,000 of new shares priced at $2.70 or the average closing price in the five days prior to the closing date of the share purchase plan, whichever is lower.

Further details regarding the share purchase plan would be sent to shareholders in the coming month, it said.

Ad Feedback

- Fairfax Media

Special offers

Featured Promotions

Sponsored Content