Wynyard completes capital raising

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

Relevant offers

Industries

Oil and gas conference to be held in New Plymouth for first time ever in 2017 Leadership week: Be Accessible invites people to think outside the leadership square New $20m private cancer care facility for Wellington Hamilton-based Pacific Aerospace recognised at industry awards Mitsubishi recalling 27,000 NZ vehicles Professor Judy McGregor supreme winner of Women in Governance Awards Intergen named supreme Wellington Gold Award winners International hotel brand Wyndham adds to NZ portfolio Retailers aggrieved over Goverment's delay on GST for small imports Super high-speed Bentley ad filmed in Australia falls foul of country's advertising standards

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